Investors love dividend stocks because they provide dependable income and give investors a great opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time.
Most stocks pay quarterly dividends, which is acceptable for many investors who reinvest dividends. However, others rely on dividends as part of an income stream, and getting a monthly dividend payout is more beneficial.
We screened our 24/7 Wall St. research database, looking for companies that paid monthly dividends. We found six that look like great ideas for passive income-oriented investors looking for upside appreciation and big ultra-yield dividends.
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