Chief Investment Strategist
3 Huge Monthly Dividends Set to Soar (One Yields an Incredible 7.6%)
Brett Owens, Chief Investment StrategistUpdated: June 29, 2021
When it comes right down to it, we dividend investors really only need three things:
- Bargain stocks with …
- High current yields and ideally …
- Monthly payouts—so we can line up our income with our bills and reinvest our dividend cash without having to wait for three long months.
I know—this list is cute, but it sounds wildly out of step with the times.
After all, the COVID rally has sliced the typical S&P 500 stock’s yield to an unlivable 1.4%. And bargain valuations? Ha! Stocks trade at a helium-powered 37-times their last 12 months of earnings right now.
And we all know that to get monthly payouts, we must look beyond the popular stocks to lesser-known plays like real estate investment trusts (REITs) and closed-end funds (CEFs).… Read more