3 Stocks That Cut You a Check Each Month
Dividends are great, especially if you need income to help cover your current living expenses. But the way dividends are paid isn't always convenient. Most dividend stocks only dish out payments once per quarter. You most likely pay your bills on a monthly basis. It would be nice if this money was coming in at the same rate it was going out.
While it's relatively uncommon, there are some stocks that pay their dividends on a monthly rather than a quarterly schedule. Here's a closer look at three of the better ones you may want to consider adding to your portfolio.
If you're looking for a stock that pays a recurring monthly dividend, it makes sense to own a stake in a company that charges its customers on a recurring monthly basis.
Source Fool.com