3 Stocks That Pay You Monthly
For retirees or those planning their retirement, stocks that pay their dividends monthly are particularly attractive investments.
The risk with these stocks is they have very high payout ratios, or the amount of dividends they pay relative to their earnings. They can't afford to have anything go wrong because there is little room to maneuver. The pandemic has exposed the fault lines for many dividend payers, whether they pay monthly, quarterly, or at some other interval.
That's why investors looking for monthly cash flows need to focus on the very best dividend stocks to minimize the risks inherent in these niche stocks. Below are three that ought to be considered for such a portfolio.
Source Fool.com
