Dividend investing blogDividend stocks that pay monthly

Dividend stocks that pay monthly

Stock mentioned in this article
Ticker
Sector
Div. yield
Annual dividend
Price
Consumer Services
9.01%
$1.44
$15.98
Financial Services
7.17%
$1.10
$16.74
Consumer Services
4.16%
$2.83
$67.68

Dividends are one of the many keys to building a stable financial future. It allows you to build a passive income on the side, while you can focus on day-to-day life. There are many dividend stocks to choose from, but which ones can pay you monthly? Here are some ideas for when you begin to build your monthly dividend portfolio.

Horizon Technology Finance Corporation
7.17% dividend yield
$16.74 per share
Ticker HRZN:NASDAQ

Horizon funds the technology sector however, they are also actively invested in health care technologies, big data, and digital marketing companies. Horizon limits risk from any given investment by diversifying its client portfolio. Their current dividend is $0.10 per share on a monthly payout basis. That means that 1,000 shares of HRZN could generate as much as $100 a month or $1200 or more of passive income a year.

Realty Income Corporation
4.16% dividend yield
$67.68 per share
Ticker O:NYSE

Realty Income is one of the most popular monthly dividend stocks in the market. They own roughly 6,600 properties that occupy big commercial clients and have maintained 27 years of consecutive dividend growth. Their monthly dividend payout is $0.235 per share. If you owned 1,000 shares of Realty Income, you could be getting a passive income of $235 per month or $2820 every year.

AGNC Investment Corp
9.01% dividend yield
$15.98 per share
Ticker AGNC:NASDAQ

AGNC Investment has an asset portfolio of residential mortgage-backed securities and currently has a monthly dividend of $0.12 per share. If you were to hold 1,000 shares of AGNC Investment, your passive income could reach $120 per month or $1,440 per year.