Updated: December 12, 2017
If you make just one New Year’s resolution this year, make it this: buy monthly dividend stocks. Today I’m going to give you 3 that should be at the top of your list.
The benefits of monthly payouts go way beyond the convenience of getting paid every month, just as our bills show up (although that’s a great bonus that can save you a lot of time watching your cash flow in retirement).
There are a couple other overlooked benefits monthly payers give you:
- They’re a sign of dividend safety: Smart C-suite types know that a dividend is a promise to investors, and they wouldn’t commit to sending one out every month if they weren’t serious about keeping—or raising—the payout.