The Best Monthly Dividend Aristocrats To Invest In

March 08, 2023

Introduction

When it comes to investing, dividend aristocrats are a great option for those looking for reliable and consistent returns. But what if you want to take it one step further and get monthly payments? Fortunately, there are a few dividend aristocrats that pay out monthly dividends. In this blog post, we’ll take a look at the best monthly dividend aristocrats and how you can get started investing in them.

What is a Dividend Aristocrat?

A dividend aristocrat is a company that has increased its dividend payout for 25 consecutive years or more. This means that these companies have proven their ability to generate consistent profits over time and have rewarded shareholders with regular dividends. Dividend aristocrats tend to be large, well-established companies with strong balance sheets and long track records of success.

Which Dividend Aristocrats Pay Monthly?

There are several dividend aristocrats that pay out monthly dividends. Some of the most popular ones include:

* Realty Income Corporation (O): Realty Income Corporation is one of the largest real estate investment trusts (REITs) in the United States. It owns more than 6,500 properties across 49 states and Puerto Rico, generating rental income from tenants such as Walgreens, FedEx, Dollar General, and 7-Eleven. Realty Income pays out a monthly dividend of $0.22 per share, which works out to an annual yield of 4%.

* Main Street Capital Corporation (MAIN): Main Street Capital Corporation is a business development company (BDC) that provides debt and equity capital to lower middle market companies in the United States. It pays out a monthly dividend of $0.20 per share, which works out to an annual yield of 6%.

* STAG Industrial Inc (STAG): STAG Industrial Inc is another REIT that specializes in industrial properties across the United States. It owns more than 400 properties in 36 states and pays out a monthly dividend of $0.11 per share, which works out to an annual yield of 4%.

* National Retail Properties Inc (NNN): National Retail Properties Inc is another REIT that specializes in retail properties across the United States. It owns more than 2,400 properties in 48 states and pays out a monthly dividend of $0.30 per share, which works out to an annual yield of 4%.

* Hannon Armstrong Sustainable Infrastructure Capital Inc (HASI): Hannon Armstrong Sustainable Infrastructure Capital Inc is an investment firm focused on providing financing for sustainable infrastructure projects such as energy efficiency upgrades and renewable energy projects. It pays out a monthly dividend of $0.17 per share, which works out to an annual yield of 5%.

How Can I Invest in These Monthly Dividend Aristocrats?

Investing in these monthly dividend aristocrats is relatively straightforward if you have access to an online broker or trading platform such as Robinhood or E-Trade. All you need to do is open up an account with one of these brokers and then search for the ticker symbols listed above (O, MAIN, STAG, NNN or HASI). Once you’ve found them on your broker’s platform you can buy shares just like any other stock or ETF – it’s really that simple!

Conclusion

Investing in monthly dividend aristocrats can be a great way to generate reliable income on top of your other investments while also diversifying your portfolio with some high-quality stocks from well-established companies with long track records of success. With so many options available it can be hard to know where to start but hopefully this blog post has given you some ideas on which ones might be right for you!I highly recommend exploring these related articles, which will provide valuable insights and help you gain a more comprehensive understanding of the subject matter.:www.cscourses.dev/will-dividends-ever-go-away-by-this-i-mean-disappear-from-the-market.html, www.cscourses.dev/dividend-who-gets-it.html, www.cscourses.dev/how-dividend-is-taxed.html