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These 4 High-Yield Stocks Pay Monthly Dividends

My readers looking for dividend paying stocks and some of them also look for stocks that pay more regular. I'm talking about monthly dividend paying stocks. 

I've written in the past some great articles about the foolish thoughts about the myth of monthly dividend paying stocks but they still have a huge fan base.

Today, I’m going to share four monthly dividend stocks that you can bank on to pay your monthly bills, but with a very important note first: You should never buy a stock purely because its dividend is paid monthly. Dividend safety and growth are far more important considerations.

These are the results:

Prospect Capital -- Yield: 13.19%

Prospect Capital (NASDAQ:PSEC) employs people, generates revenue of $712.29 million and has a net income of $319.02 million. The current market capitalization stands at $2.72 billion.

Prospect Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $359.99 million. The EBITDA margin is 50.54% (the operating margin is 50.15% and the net profit margin 44.79%).

Financials: The total debt represents 42.81% of Prospect Capital assets and the total debt in relation to the equity amounts to 76.64%. Due to the financial situation, a return on equity of 10.17% was realized by Prospect Capital.

Twelve trailing months earnings per share reached a value of $0.92. Last fiscal year, Prospect Capital paid $1.32 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 8.27, the P/S ratio is 3.82 and the P/B ratio is finally 0.72. The dividend yield amounts to 13.19%.

Stock Charts:


Long-Term Stock Price Chart of Prospect Capital (PSEC)
Long-Term Stock Price Chart of Prospect Capital (PSEC)
Long-Term Dividend Payment History of Prospect Capital (PSEC)
Long-Term Dividend Payment History of Prospect Capital (PSEC)
Long-Term Dividend Yield History of Prospect Capital (PSEC)
Long-Term Dividend Yield History of Prospect Capital (PSEC)


Main Street Capital -- Yield: 6.64%

Main Street Capital (NYSE:MAIN) employs 38 people, generates revenue of $140.76 million and has a net income of $100.75 million. The current market capitalization stands at $1.58 billion.

Main Street Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $95.54 million. The EBITDA margin is 67.87% (the operating margin is 67.87% and the net profit margin 71.57%).

Financials: The total debt represents 41.72% of Main Street Capital assets and the total debt in relation to the equity amounts to 75.17%. Due to the financial situation, a return on equity of 11.63% was realized by Main Street Capital.

Twelve trailing months earnings per share reached a value of $2.42. Last fiscal year, Main Street Capital paid $2.00 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 13.11, the P/S ratio is 11.21 and the P/B ratio is finally 1.52. The dividend yield amounts to 6.64%.

Stock Charts:


Long-Term Stock Price Chart of Main Street Capital (MAIN)
Long-Term Stock Price Chart of Main Street Capital (MAIN)
Long-Term Dividend Payment History of Main Street Capital (MAIN)
Long-Term Dividend Payment History of Main Street Capital (MAIN)
Long-Term Dividend Yield History of Main Street Capital (MAIN)
Long-Term Dividend Yield History of Main Street Capital (MAIN)


Realty Income -- Yield: 5.02%

Realty Income (NYSE:O) employs 131 people, generates revenue of $933.50 million and has a net income of $269.14 million. The current market capitalization stands at $10.55 billion.

Realty Income’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $827.48 million. The EBITDA margin is 88.64% (the operating margin is 25.00% and the net profit margin 28.83%).

Financials: The total debt represents 44.82% of Realty Income assets and the total debt in relation to the equity amounts to 87.92%. Due to the financial situation, a return on equity of 4.50% was realized by Realty Income.

Twelve trailing months earnings per share reached a value of $1.07. Last fiscal year, Realty Income paid $1.64 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 42.41, the P/S ratio is 11.29 and the P/B ratio is finally 1.95. The dividend yield amounts to 5.02%.

Stock Charts:


Long-Term Stock Price Chart of Realty Income (O)
Long-Term Stock Price Chart of Realty Income (O)
Long-Term Dividend Payment History of Realty Income (O)
Long-Term Dividend Payment History of Realty Income (O)
Long-Term Dividend Yield History of Realty Income (O)
Long-Term Dividend Yield History of Realty Income (O)


LTC Properties -- Yield: 4.90%

LTC Properties (NYSE:LTC) employs 19 people, generates revenue of $118.96 million and has a net income of $73.40 million. The current market capitalization stands at $1.48 billion.

LTC Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $107.10 million. The EBITDA margin is 90.03% (the operating margin is 57.53% and the net profit margin 61.70%).

Financials: The total debt represents 29.16% of LTC Properties assets and the total debt in relation to the equity amounts to 42.66%. Due to the financial situation, a return on equity of 11.46% was realized by LTC Properties.

Twelve trailing months earnings per share reached a value of $1.95. Last fiscal year, LTC Properties paid $2.04 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 21.40, the P/S ratio is 12.45 and the P/B ratio is finally 2.38. The dividend yield amounts to 4.90%.

Stock Charts:


Long-Term Stock Price Chart of LTC Properties (LTC)
Long-Term Stock Price Chart of LTC Properties (LTC)
Long-Term Dividend Payment History of LTC Properties (LTC)
Long-Term Dividend Payment History of LTC Properties (LTC)
Long-Term Dividend Yield History of LTC Properties (LTC)
Long-Term Dividend Yield History of LTC Properties (LTC)