You shouldn't buy a stock simply because it pays a monthly dividend, … Drug manufacturer Johnson & Johnson is one of the more stable healthcare stocks you can pick in 2020, having recorded a profit margin of at least 14% in nine of the past 10 years. As a result, STAG is an excellent stock for REIT investors looking for long-term growth potential. Monthly dividend stocks, of course, pay more often than any other income investment. Sales in Q3 were $42.3 billion, down 5.2% from the prior-year period as COVID-19 continues to negatively impact the company's operations with fewer people traveling and roaming. See below the top-10 list December 2019: If you are an investor focused on a monthly cash flow, the dividend aristocrats could be a good alternative. By combining 3 different dividend aristocrats active in different sectors and having their quarterly dividend not in-sync, the result will also result in 12 dividend payments per year. The company also has $2.1 billion CAD in available liquidity and no debt maturities until 2023, meaning short-term liquidity is not a concern for Shaw Communications. Buying dividend stocks can be a great way to grow your portfolio's value while enjoying recurring cash flow. The company’s strong performance gives investors confidence that the dividend is safe, even in a prolonged recession. The company has a manageable leverage ratio of 4.3x, as defined by net-debt-to-adjusted EBITDA, down from 4.8x in 2019. This article provides a list of Monthly dividend stocks and the related excel spreadsheet for download (free). Realty Income has increased its dividend 107 times since its initial public offering in 1994. Fortunately, the company has limited maturities over the next several years, as well as an available $250 million credit facility to help shore up its liquidity. Investors have some reason for hope that the worst is over for Realty Income, which has an attractive yield of 4.2% right now. Realty Income’s diversified portfolio consists of over 6,500 properties spread across roughly 600 tenants, with an average remaining lease term of 9 years. As a group, all three of these investments can act as pillars for your portfolio that you can rely on for dividend income and major capital gains. The list of monthly dividend stocks is presented below and grouped by sector for your convenience: All US monthly dividend stocks are members of the Russell 2000 Index and mid- or small-sized businesses and not part of the S&P 500. One potential risk factor is the company’s elevated debt level. 2020 InvestorPlace Media, LLC. Yes, you read that right. Johnson & Johnson will normally pay you a dividend every March, June, September, and December. Realty Income is a triple-net lease REIT, an attractive structure for REITs to follow. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Gradual reopening of the economy has led to significant improvement in economic conditions in recent months. Bob received a Bachelor’s degree in Finance from DePaul University and an MBA with a concentration in Investments from the University of Notre Dame. Dividend Aristocrats Performance: September 2020, Dogs of The Dow: The 10 Highest Yielding Dow 30 Stocks, General Mills increases its quarterly per share dividend by 4.1%, UK dividend Aristocrats: the 10 Highest Yielding Aristocrats, 10 Dividend Aristocrats to Buy according to Wall Street, Chatham Lodging Trust (REIT) of Beneficial Interest (CLDT), Harvest Capital Credit Corporation (HCAP), Horizon Technology Finance Corporation (HRZN), PennantPark Floating Rate Capital Ltd. (PFLT), Stellus Capital Investment Corporation (SCM), For the European focused investors there is also the list of. Since TransAlta’s initial public offering in 2013, the company has increased its annualized dividend by 4% per year. With respect to performance, the Dividend Aristocrats list has substantially outperformed both the S&P 500 and the Dividend Achievers over the last decade(s). All the identified US-based monthly dividend stocks are members of the Russell 2000 Index, are mid- or small-sized businesses and not part of the S&P 500. Dream Industrial currently has a focus on driving occupancy and rental rates, furthering its leasing operations and internal growth. Sales of medical devices were still down 3.6% during the period due to COVID-19 and deferred procedures, but the consumer health segment's revenue rose 1.3% and the pharmaceutical division enjoyed sales growth of 5%. Here's an overview of all three companies have fared so far in 2020: Only Innovative Industrial has outperformed the S&P 500 this year, which makes sense given that Innovative Industrial's market cap is a measly $2.6 billion compared to Johnson & Johnon's $362 billion and AT&T's $194 billion. By stacking your dividend payments with three different income-generating investments, you can have cash flow coming in every month of the year, even though you're not investing in stocks that individually pay their investors every month. AT&T has also raised its payouts for 36 years in a row. The companies of this list are dominant in three sectors: Real Estate, Financial Services, and Energy. Unlike the other big names on this list, Innovative Industrial doesn't have a long history, having only commenced real estate operations in December 2016. It's a real estate investment trust (REIT), and it owns a portfolio of properties that it rents out to cannabis growers. The coronavirus crisis has had an extremely negative impact on the global economy, which has also affected many of its portfolio investments. Income investors may find monthly dividend stocks to be attractive, as they pay 12 dividends per year. Dividend checks coming in every 30 days are especially handy for retirees who have bills to pay… This article provides a list of Monthly dividend stocks and the related excel spreadsheet for download (free). It has a diversified portfolio of assets including interests in 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility and one natural gas pipeline. On a per-share basis, distributable NII fell 22% to $0.52 per share. Dream Industrials’ focus on industrial properties seeing growing demand has paid off, as the company grew first-half Funds From Operation by 9.5% year-over-year, a highly impressive performance in an extremely challenging environment. Therefore, TransAlta Renewables could be a particularly attractive stock for investors given its exposure to renewable energy, a long-term growth industry. However, there's a way to generate monthly cash flow with dividend stocks that involves creatively buying shares of companies with different payment schedules. While it's not a Dividend King like Johnson & Johnson, it still falls into the category of Dividend Aristocrat. The company's strategy typically involves acquiring distressed assets in the industry that it can buy at a cheap price and then lease back to cannabis growers and processors. Dividend and retirement-focused investors are often looking for monthly cash flow and seeking for a list of stocks that pay a dividend every month. See you at the top! Similar to STAG Industrial, Dream Industrial is optimally positioned to benefit from emerging trends such as e-commerce, which has driven increased demand for industrial real estate properties. The top-10 monthly dividend stocks do provide an above-average Dividend Yield. 7 Monthly Dividend Stocks With Double-Digit Yields These stocks may carry risk, but they offer regular income for investors. This is a particularly challenging time for Main Street. Approximately 43% of Dream Industrial’s property portfolio consists of distribution centers, with 39% of properties in urban logistics and the remaining 18% in light industrial properties. Over 500 of Choice Properties’ investments are rented to their largest tenant Loblaw, Canada’s largest retailer. Many investors seek reliable dividend stocks as a source of income. Monthly dividend stocks pay out more frequently, which some investors prefer to quarterly payment. All rights reserved. As of June 30, Main Street’s investment portfolio consisted of 177 companies, with no individual investment representing more than 3.7% of total investment income. 1125 N. Charles St, Baltimore, MD 21201. It also has a net-debt-to-adjusted-EBITDA ratio of 2.4x, which is actually below its target range of 2.5x to 3.0x. Some investors choose to live off the dividend income they receive each month while others will reinvest their income using a DRIP program. Cumulative Growth of a $10,000 Investment in Stock Advisor, 3 Dividend Stocks That Can Generate Monthly Income for Your Portfolio @themotleyfool #stocks $T $JNJ $IIPR, 4 Top Value Stocks on Sale to Buy Right Now, 5 Turnaround Stocks That Are Screaming Buys, 5 Safe Stocks to Buy if the Stock Market Crashes, 3 Boring but Beautiful Stocks I Bought in Q3, 3 Top Dividend Stocks With Yields Over 5%, Copyright, Trademark and Patent Information. And, Main Street has taken appropriate action to raise capital, such as a recent $125 million bond offering, to improve its liquidity in the near-term. The company has never decreased its monthly dividend rate and in fact has grown the payout steadily over the years. Realty Income qualifies as a Dividend Aristocrat, a group of 65 companies in the S&P 500 that have raised their dividends for at least 25 consecutive years. Average revenue per user increased 2.6% for the quarter. It focuses on lower middle-market companies, generally defined as those generating between $10 million and $150 million in annual revenue. Choice Properties maintained a dividend payout ratio of 91.6% in the 2020 first half. Dividend safety is an important consideration for investors looking at monthly dividend stocks. This problem with this is that most of our expenses tend to be monthly, so when you depend on dividends to pay … The number of domestic subscribers for its HBO and HBO Max services also reached 38 million, which was more than the 36 million that AT&T was aiming for by the end of the year. TransAlta’s future pipeline consists of 2,000 megawatts of capacity currently under evaluation. Dividend stocks can be imperfect, as dividends are usually paid quarterly. Although it's not a Dividend Aristocrat, the company has been raising its payouts sharply in recent years. Funds From Operations, a highly crucial measure of cash flow for REITs, declined 19% from the same quarter last year. Please note that the dividend yield and payout ratios are above average, which could be a risk identifier for a dividend stock. Choice Properties invests in commercial real estate properties across Canada. Some companies decide to pay a dividend once per year, while others pay semi-annually. Further, as of September 4, Dream Industrial had collected approximately 98% of recurring contractual gross rents due for the second quarter and July 2020 after adjusting for agreed-upon deferrals and Canada Emergency Commercial Rent Assistance. Johnson & Johnson paused trials in October after a patient developed an unexplained illness, but the company says it will be resuming the trials after finding "no clear cause" related to the medical event. STAG Industrial is a safe dividend stock because of its advantageous business model. The company delivers wireline and wireless services to consumers and businesses in Canada. The over-arching business strategy for Main Street is to earn a high rate of profit on its investments and returning significant cash to its own shareholders through dividends. Stock Advisor launched in February of 2002. But there are other directions a company can take with its capital return policy.
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