7 Stocks That Pay High Monthly Dividends And Yields Up To 13.16%

While most companies pay dividends on a quarterly basis, monthly dividend stocks make their dividend payouts each month. Some investors find a monthly payout schedule more appealing, as it makes it easier to derive regular income from dividends.

One way to create the most steady income stream possible in your portfolio is to buy stocks that pay a monthly dividend. However, not every stock with a monthly payout is a suitable investment for every investor. Some monthly dividend stocks are quite safe, while others are more speculative and should be avoided by risk-averse investors.

Monthly Dividends Not The Only Thing To Care About

A regular paycheck isn’t the only way to ensure a steady flow of income. Whether you are already retired or simply planning ahead for retirement, by carefully selecting stocks that pay dividends on the right schedule, you can build a portfolio that guarantees cash every month. But be careful. You should never buy a stock purely because its dividend is paid monthly. Dividend safety and growth are far more important considerations.

Who Pay Monthly Dividends Normally?

In General, mostly Master Limited Partnerships or Limited Partnerships pay monthly dividends. Those are located to the REIT, Pipeline, Oil and Gas sector. Which do you like?

You may also like this article: 15 Higher Capitalized Monthly Dividend Paying Stocks

Here are eleven great stocks that do just that...

Ex-Dividend Stocks: Best Dividend Paying Shares On September 24, 2013

The best yielding and biggest ex-dividend stocks researched by ”long-term-investments.blogspot.com”. Dividend Investors should have a quiet overview of stocks with upcoming ex dividend dates.

The ex dividend date is the final date on which the new stock buyer couldn’t receive the next dividend. If you like to receive the dividend, you need to buy the stock before the ex dividend date. I made a little screen of the best yielding stocks with a higher capitalization that have their ex date on the next trading day.

In total, 16 stocks go ex dividend - of which 7 yield more than 3 percent. Here is a full list of all stocks with ex-dividend date within the current week.

Here is the sheet of the best yielding ex-dividend stocks:

Company	Ticker	Mcap	P/E	P/B	P/S	Yield
Invesco Mortgage Capital Inc.	IVR	2.19B	5.40	0.90	3.52	16.05%
Two Harbors Investment Corp.	TWO	3.62B	4.40	0.94	6.65	11.32%
Chambers Street Properties	CSG	2.28B	57.50	1.49	10.66	5.43%
Ark Restaurants Corp.	ARKR	70.42M	17.36	2.21	0.53	4.61%
Philip Morris International, Inc.	PM	147.56B	17.53	-	1.88	4.16%
Getty Realty Corp.	GTY	666.27M	35.00	1.74	6.77	4.01%
Cypress Semiconductor	CY	1.69B	-	10.00	2.26	3.82%
Frisch's Restaurants Inc.	FRS	125.51M	17.98	1.50	0.62	2.90%
Gazit-Globe, Ltd.	GZT	2.32B	10.75	1.12	1.21	2.72%
Salem Communications Corp.	SALM	209.03M	-	1.09	0.90	2.49%
International Flavors & Fragrances	IFF	6.76B	24.74	4.93	2.35	1.88%
Analogic Corporation	ALOG	1.01B	33.25	2.07	1.83	0.49%
Embraer SA	ERJ	6.14B	28.66	1.88	1.03	0.24%
Citigroup, Inc.	C	155.71B	16.36	0.81	2.39	0.08%
Gordmans Stores, Inc.	GMAN	266.71M	16.69	2.48	0.43	-
Quintiles Transnational Holdings	Q	5.49B	30.22	-	1.12	-