Realty Income Is the Gift That Keeps on Giving
As an income investor, does it get any better than when one of your stocks pays you a stable dividend each quarter? The answer is yes, it can get better -- when that stock is instead a monthly dividend payer. An added bonus is monthly dividend payers give you cash flow that better aligns with how most people pay bills, i.e. monthly.
But it can't get any better than that, right?
Actually, the best dividend stocks are the ones that pay you each month and reliably grow with each passing quarter. Real estate investment trust (REIT) Realty Income (NYSE: O) recently upped its monthly dividend by 4.2% from the previous $0.236 per share to $0.246, and by 5.1% compared to the dividend payment last December.
Source Fool.com
