Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks

InvestorPlace07-25

Source: Shutterstock Monthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2454515836?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-25 01:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2454515836","market":"us","top_or_hot":-1,"title":"Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks","media":"InvestorPlace","content":"<div>\n<p>Source: Shutterstock\n\n\n\nMonthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual ...</p>\n\n<a href=\"https://investorplace.com/2024/07/seeking-steady-payments-try-these-3-high-yield-monthly-dividend-stocks/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSeeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-25 01:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/07/seeking-steady-payments-try-these-3-high-yield-monthly-dividend-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Source: Shutterstock\n\n\n\nMonthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual ...</p>\n\n<a href=\"https://investorplace.com/2024/07/seeking-steady-payments-try-these-3-high-yield-monthly-dividend-stocks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4218","symbol_name":"酒店及度假村房地产信托","start_time":0,"source_url":"https://investorplace.com/2024/07/seeking-steady-payments-try-these-3-high-yield-monthly-dividend-stocks/","article_id":"2454515836","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2454515836","pubTimestamp":1721843422,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"While quarterly or semi-annual payouts are more common, it is possible to find promising high-yield monthly dividend stocks.","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4218":"酒店及度假村房地产信托","BK4148":"电子元件","BDC":"百通公司","APLE":"Apple Hospitality REIT, Inc.","BK4585":"ETF&股票定投概念","REIT":"ALPS Active REIT ETF","MAIN":"Main Street Capital","BK4181":"酒店及度假村房地产投资信托","BK4588":"碎股","GLAD":"格拉德斯通资本","BK4135":"资产管理与托管银行"},"translate_title":"寻求稳定的付款？尝试这3只高收益每月股息股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APLE":1,"BDC":1,"GLAD":1,"MAIN":1,"REIT":1},"content_text":"Source: Shutterstock\n\n\n\nMonthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual schedule.\nBut monthly dividend stocks pay shareholders each month, for 12 payments per year.\nMany of these monthly dividend stocks offer high yields. This article will discuss three of the top high-yielding monthly dividend stocks today.\nMain Street Capital (MAIN)\nSource: Piotr Swat / ShutterstockMain Street Capital is a business development company (BDC) that provides long-term debt and equity capital to lower-middle-market companies and debt capital to middle-market companies.\nThis BDC defines lower-middle-market companies as generally having annual revenues between $10 million and $150 million. The company’s investments typically support management buyouts, recapitalizations, growth financings, refinancing and acquisitions.\nAs of the end of Q1, Main Street had an interest in 81 lower-middle-market companies (valued at $2.4 billion), 22 middle-market companies ($239 million) and 88 private loan investments ($1.5 billion). Aggregate liquidity was $1.217 billion, consisting of $115 million in cash and cash equivalents, and the corporation had $1.102 billion of unused capacity under the revolving credit facility.\nAccording to first-quarter results, net investment income of $89.8 million was an 11% increase compared to $81.0 million in Q1 2023. The corporation generated net investment income per share of $1.05, up 3% year-over-year, and distributable net investment income per share totaled $1.11, up 4% from the same period last year.\nHow does this translate to this BDC’s monthly dividends? Main Street’s net asset value per share increased compared to December 31st, 2023, from $29.20 to $29.54, and the corporation declared monthly dividends of $0.245 to be paid in the third quarter of 2024. These are 6.7% higher than those declared a year ago, and investors received a supplemental $0.30 dividend that was paid in June.\nMAIN pays a monthly dividend which currently yields 5.8%.\nGladstone Capital (GLAD)\nSource: MacroEcon / Shutterstock.comGladstone Capital is a BDC that primarily invests in small- and medium-sized businesses. These investments are made via a variety of equity (10% of portfolio) and debt instruments (90% of portfolio), generally with very high yields.\nLoan size is typically in the $7 million to $30 million range and has terms up to seven years.\nAccording to second-quarter earnings posted in May, total investment income increased $0.8 million, or about 3.3%, from the year-ago period.\nThe gain was driven by a $0.7 million increase in interest income, which itself was driven by a 3.5% increase in the weighted average principal balance of interest-bearing investments. Net investment income came to 25 cents per share, or $10.8 million, for the quarter. The net increase in net assets resulting from operations was $23.6 million, or 54 cents per share. Unrealized appreciation was the big driver of the gain in this quarter.\nThe yields on the company’s portfolio influence its ability to earn income and therefore cover its expenses and pay distributions to shareholders. Over time, the company’s portfolio yield has drifted higher to 14%.\nDespite the cost of funding rising as well, the company’s portfolio continues to grow in dollar terms, and the higher spreads on a larger portfolio is leading to earnings growth.\nGLAD stock currently yields 8.4%.\nApple Hospitality REIT (APLE)\nSource: EQRoy/Shutterstock.comApple Hospitality, a hotel real estate investment trust (REIT), owns a portfolio of 225 hotels with 29,900 guest rooms across 88 markets in 38 states. It franchises out to leading brands, including Marriott, Hilton and Hyatt.\nThe REIT’s first-quarter results reported a net income of $54.1 million, a 64.2% increase from the previous year. Operating income grew by 45.4% to $71.6 million, and Adjusted EBITDA for real estate increased by 5.8% to $100.8 million.\nThe company’s average daily rate (ADR) was $153.18, and occupancy remained steady at 72.0%, resulting in a RevPAR of $110.25. Despite these gains, comparable hotels adjusted EBITDA slightly declined by 3.2% to $111.7 million. \nOver the last decade, APLE has generated impressive annualized FFO/share growth. This is thanks to its increasing scale and an effective and efficient business model. The REIT also enjoyed strong economic tailwinds in the U.S. during that time.\nHowever, growth slowed meaningfully in recent years, due to the pandemic and resulting spike in demand for services like AirBnB. That said, demand for hotels is improving and we expect a 2.4% NAV per share CAGR moving forward.\nAPLE is not very recession-resistant, but several factors may enable it to outperform its peers in such conditions. The trust has strong brand names, excellent locations, a strong balance sheet, a great franchising model and emphasis on value.\nWith one of the lowest debt-to-equity ratios in the sector, APLE boasts plenty of liquidity and a well-laddered debt maturity profile. As a result, it’s well-positioned to respond opportunistically to averse economic and/or market conditions. It has done this successfully in the past by repurchasing shares at a steep discount.\nAPLE stock currently yields 6.3%.\nOn the date of publication, Bob Ciura did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nOn the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.\nBob Ciura has worked at Sure Dividend since 2016. He oversees all content for Sure Dividend and its partner sites. Prior to joining Sure Dividend, Bob was an independent equity analyst. His articles have been published on major financial websites such as The Motley Fool, Seeking Alpha, Business Insider and more. 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 Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/07/seeking-steady-payments-try-these-3-high-yield-monthly-dividend-stocks/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.3","shortVersion":"4.26.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2454515836"}