2 Stocks That Pay You Each Month
Growth stocks might dominate the financial headlines, but savvy investors understand the importance of dividends for long-term returns. In fact, from 1930 to 2020, 41% of the S&P 500's total returns were due to dividends. Increasingly, investors of all ages are using dividend income to fund their lifestyle -- partially or even fully -- as more join the FIRE movement.
Unfortunately, there's a downside of depending on dividend income to fund your expenses: most stocks pay dividends quarterly dividends or even less frequently. However, your bills (including many from these same companies) must be paid monthly. There are a few companies that understand the struggle and pay dividends monthly. In you're looking for monthly-pay stocks, consider these two real estate investment trusts (REITs) for your portfolio.
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Source Fool.com
