3 Huge Monthly Dividends Set to Soar (One Yields an Incredible 7.6%)
June 29, 2021 at 05:00 AM EDT
When it comes right down to it, we dividend investors really only need three things: Bargain stocks with … High current yields and ideally … Monthly payouts— so we can line up our income with our bills and reinvest our dividend cash without having to wait for three long months. I know—this list is cute, but it sounds wildly out of step with the times. After all, the COVID rally has sliced the typical S&P 500 stock’s yield to an unlivable 1.4%. And bargain valuations? Ha! Stocks trade at a helium-powered 37-times their last 12 months of earnings right now. And we all know that to get monthly payouts, we must look beyond the popular stocks to lesser-known plays like real estate investment trusts (REITs) and closed-end funds (CEFs) .… Read more
