Today we’ll discuss five monthly dividends with yields between 7.3% and 16.7%. But let’s be careful—market participants are showing signs of greed right now.
But we shouldn’t just buy indiscriminately—even if we’re getting a monthly paycheck, and even if that monthly paycheck is 3x, 4x, even 5x what the market offers. We want to make sure we’re buying at the right price. Otherwise, we’re sacrificing upside and potentially getting less yield than we could by being patient!
So let’s take a look at a few monthly dividend-paying candidates and see if this overblown market has left us any values.
This post originally appeared at Contrarian Outlook.