2 Stocks That Cut You a Check Each Month
As a dividend investor, you want to invest in a company that accomplishes two things. One, you want to earn an attractive dividend yield. And two, you want a company that pays a dividend consistently.
Both of these qualities can be found in business development corporations (BDCs). These companies provide funds to businesses through loans and equity investments, and allow ordinary investors to grab a share of the profits too. Because of their tax structure, BDCs pay out higher dividend yields than other companies. These can be a great source of monthly income as well.
Prospect Capital (NASDAQ: PSEC) and Main Street Capital (NYSE: MAIN) are two BDCs that provide you with monthly income and yields of 6% or higher.
Source Fool.com
