There’s more risk, but these monthly dividend stocks offer income investors a greater payout
Most stocks pay dividends on a standard quarterly schedule, but there are a select few that pay shareholders monthly. This allows for faster compounding if those dividends are reinvested every month. Also, monthly dividend payments offer better income timing if those dividends are used to pay living expenses.
In this article, we’ll take a look at three of the highest-yielding monthly dividend stocks, noting the risk and reward potential for all three.
This article originally appeared at InvestorPlace.