Monthly Dividend Stocks Definition: Monthly dividend stocks are companies that issue their dividends once a month as opposed to quarterly or annually. There are 100’s of companies that actually offer monthly dividends but not all offer a high dividend yield. To help narrow the list, the following table is limited to stocks that have a dividend yield greater than 4% and do not include OTC stocks, funds, trusts, SPACs, or BDCs. REITs are however included. Also, the table only includes companies with a market cap of $200 million or more. Larger companies tend to have better access to resources (e.g. capital, management, distribution channels, etc.) that can help them get through difficult times. For purposes of liquidity, the companies listed below have an average daily volume that is greater than 100,000 shares.
Monthly Dividend Stocks Description: The following table contains some valuable metrics for dividend investors to assess both the dividend amount as well as get an initial sense of a stocks dividend sustainability. This table includes and can be sorted on: company name, dividend yield, payout ratio, market cap, beta, and intraday stock price percent change. This live table is updated throughout the trading day. Don’t miss out on important revisions to our Monthly Dividend Stocks list. Get our free Dogs of the Dow Newsletter.
Monthly Dividend Stocks FAQ
Do dividend stocks pay monthly?
Not all dividend stocks pay monthly dividends but 100’s do.
How often are dividends paid on stocks?
Typically, companies pay their dividends quarterly. However, some companies also choose to pay their dividends monthly, semi-annually, annually and some pay irregularly.
Are monthly dividends better than quarterly?
The advantage of a monthly dividend payment is that this dividend payout schedule more closely matches an investor’s monthly recurring expenses. However, restricting dividend stock investments to stocks that pay monthly misses out on the potential of other high quality dividend stocks.
How do you calculate monthly dividends?
If you receive a monthly dividend of $0.60 per share and own 200 shares, your monthly dividend is equal to $0.60 per share multiplied by 200 or $120 per month.