3 High-Yield Dividend Stocks to Buy If You Want to Get Paid Every Month
Would you like to build a retirement portfolio that takes the place of your employment income? If you have bills to pay every month, like most of us, buying stocks that make dividend payments every month could make your budgeting process a lot easier.
Of course, buying stocks simply because they pay every month isn't a great strategy. These dividend payers stand out because they offer yields that are way above average, and they have what they need to continue raising their payouts for many years to come.
PennantPark Floating Rate Capital (NYSE: PFLT) is a business development company (BDC) with unusually predictable cash flows. This BDC stands out from its peers by selectively lending to middle-market companies valued under $2 billion. Specifically, it looks for companies with private equity sponsors and a proven ability to generate cash.
Source Fool.com
