Income investors oftentimes like it when the cash flows they receive from their investments are distributed evenly over the year. Some companies make semi-annual or annual dividend payments, which results in months with high proceeds and long periods of no proceeds. Quarterly dividend payments are better, but even those go hand in hand with some cyclicality.
Monthly dividend stocks are able to generate very consistent, stable cash flows for investors. Especially retirees and others that utilize their dividends for paying for everyday expenses see the benefits of very consistent dividend payments over time.
In this report, we will showcase three companies that offer monthly dividend payments and that currently trade with a high dividend yield at the same time.
This post appeared at Dividend Stocks Research.