Believe It or Not, These Stocks Cut You Monthly Dividend Checks
Not all stocks pay dividends, but those that do typically distribute them once each quarter. However, a small percentage of stocks pay dividends on a monthly basis.
If you are an income investor who would appreciate the option of getting payouts more frequently than four times a year, you may want to consider stocks that cut you a monthly paycheck. Here are two good options.
Realty Income (NYSE: O) is built to deliver dividends; in fact, it has trademarked the phrase "The Monthly Dividend Company" for use in its marketing. You can't get much more explicit than that. As a real estate investment trust (REIT), its tax structure requires that the company distribute at least 90% of its taxable income via dividends to shareholders.
Source Fool.com
