2 Stocks That Cut You a Check Each Month
When most financial traders think of passive income stocks, they immediately turn their attention to companies that distribute quarterly dividends. However, there are publicly traded businesses that offer the flexibility of monthly payouts -- no need to stay in the trade too long just to capture some yield.
It's nice to get a check (or, more likely, a cash credit to one's account) every month, but don't go chasing dividend payments without considering the businesses you're betting on. After all, 2022's shaky economic conditions could persist into the new year, so it's important to prioritize recession resistance along with regular dividend distributions. With that in mind, here are two handpicked monthly payers for sensible passive income aficionados.
Based in San Diego, Realty Income (NYSE: O) has a name that sums up its purpose: Invest in real estate and provide income to investors. By working with investment-grade tenants, Realty Income controls a high-quality and diversified portfolio of mostly single-tenant properties spanning the U.S., Puerto Rico, the U.K., and Spain.
Source Fool.com
