What are the Top Monthly Dividend Stocks for 2016?

What are the Top Monthly Dividend Stocks for 2016?

Investors always seek for monthly dividend stocks to earn a steady stream of income. Monthly dividend stocks are popular among retirees and income investors as they provide a regular cash flow. In this article, we will discuss the top monthly dividend stocks for the year 2016.

1. Realty Income (O)

Realty Income is a real estate investment trust (REIT) that owns over 4,600 properties in the United States and Puerto Rico. The company has paid monthly dividends for over 50 years and has a current dividend yield of 4.2%. Realty Income has a diversified portfolio of tenants, including convenience stores, drug stores, and supermarkets.

2. Shaw Communications (SJR)

Shaw Communications is a Canadian telecommunications company that provides cable television, internet, and phone services. The company has paid monthly dividends since 2004 and has a current dividend yield of 4.3%. Shaw Communications has a strong presence in Western Canada and is expanding its network to Eastern Canada.

3. Gladstone Investment (GAIN)

Gladstone Investment is a business development company that invests in small and medium-sized businesses in the United States. The company has paid monthly dividends since 2005 and has a current dividend yield of 9.5%. Gladstone Investment has a diversified portfolio of companies in various industries, including manufacturing, healthcare, and business services.

4. EPR Properties (EPR)

EPR Properties is a REIT that invests in properties in the entertainment, recreation, and education industries. The company has paid monthly dividends since 1997 and has a current dividend yield of 5.5%. EPR Properties has a diversified portfolio of properties, including movie theaters, ski resorts, and private schools.

5. Stag Industrial (STAG)

Stag Industrial is a REIT that invests in industrial properties in the United States. The company has paid monthly dividends since 2011 and has a current dividend yield of 4.9%. Stag Industrial has a diversified portfolio of properties, including warehouses, distribution centers, and manufacturing facilities.

Investing in monthly dividend stocks can be a good way to earn a steady stream of income. However, investors should do their due diligence before investing in any stock. They should consider factors such as the company's financial health, dividend history, and market trends. It's also important to diversify your portfolio to reduce risk. By following these guidelines, investors can make informed decisions and potentially earn a steady stream of income from monthly dividend stocks.