3 Stocks and ETFs That Pay You Each Month
Many companies pay quarterly or semi-annual dividends. However, certain stocks and exchange-traded funds (ETFs) pay monthly dividends, which might appeal to retirees who need stable income. Let's take a look at three rock-solid companies that will cut you a check each month.
Realty Income (NYSE: O) is a commercial real estate company that owns over 6,600 properties across the U.S. and U.K. It leases those properties to about 600 clients, including retail giants like Walgreens Boots Alliance, 7-Eleven, and Dollar General.
The company ended the first quarter of 2021 with an occupancy rate of 98%, even as many of its clients struggled throughout the pandemic. It deferred some rental payments last year, but its collection rate improved to 94.3% at the end of March.
Source Fool.com
