Thursday, July 31, 2014

Top 5 Stocks That Pay A Dividend Every Single Month | Seeking Alpha

Top 5 Stocks That Pay A Dividend Every Single Month | Seeking Alpha



This is a good article on five monthly paying dividend stocks.  The most important stock on the list is Prospect Capital (PSEC).  They pay an annual dividend of around 12% depending on where the stock price is.  The only thing you have to watch is that the stock will occasionally drop in price.  If you are using PSEC just for income, the volatility should not bother you.  We definitely need dividend stocks in our portfolios for some diversification and income no matter what the stock market does otherwise.


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