3 Stocks That Cut You a Check Each Month
Most dividend-paying companies distribute dividends quarterly, but some pay out monthly dividends. Monthly dividends are an attractive form of cash flow, especially for investors looking to add to a fixed income. Finding the strongest, most consistent dividends takes a little more research, but is well worth the effort.
Realty Income (NYSE: O) is a Real Estate Investment Trust, or REIT. REITs are required to pay out 90% of income as dividends and aim to invest in growing assets.
At 3.7%, Realty Income doesn't pay a huge dividend, but it has a strong record of payout consistency regardless of market conditions. Realty Income has raised its dividend for 89 consecutive quarters, and has made 593 consecutive monthly dividend payments. This is a sleep-well-at-night income-producing investment.
Source Fool.com
