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...
Prospect Capital Corporation -- Yield: 13.16%
Prospect Capital Corporation (NASDAQ:PSEC) employs people, generates revenue of $791.08 million and has a net income of $346.34 million. The current market capitalization stands at $2.67 billion.Prospect Capital Corporation’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $365.12 million. The EBITDA margin is 46.15% (the operating margin is 45.36% and the net profit margin 43.78%).
Financials: The total debt represents 43.89% of Prospect Capital Corporation assets and the total debt in relation to the equity amounts to 80.58%. Due to the financial situation, a return on equity of 9.46% was realized by Prospect Capital Corporation.
Twelve trailing months earnings per share reached a value of $0.97. Last fiscal year, Prospect Capital Corporation paid $1.19 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 7.71, the P/S ratio is 3.41 and the P/B ratio is finally 0.74. The dividend yield amounts to 13.16%.
Stock Charts:
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| Long-Term Stock Price Chart of Prospect Capital Corporation (PSEC) |
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| Long-Term Dividend Payment History of Prospect Capital Corporation (PSEC) |
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| Long-Term Dividend Yield History of Prospect Capital Corporation (PSEC) |
American Capital Agency -- Yield: 12.35%
American Capital Agency (NASDAQ:AGNC) employs people, generates revenue of $280.00 million and has a net income of $-233.00 million. The current market capitalization stands at $6.71 billion.American Capital Agency’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-233.00 million. The EBITDA margin is -83.21% (the operating margin is -83.21% and the net profit margin -83.21%).
Financials: The total debt represents 1.12% of American Capital Agency assets and the total debt in relation to the equity amounts to 8.07%. Due to the financial situation, a return on equity of -2.91% was realized by American Capital Agency.
Twelve trailing months earnings per share reached a value of $0.30. Last fiscal year, American Capital Agency paid $2.61 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 63.38, the P/S ratio is 24.22 and the P/B ratio is finally 0.75. The dividend yield amounts to 12.35%.
Stock Charts:
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| Long-Term Stock Price Chart of American Capital Agency (AGNC) |
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| Long-Term Dividend Payment History of American Capital Agency (AGNC) |
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| Long-Term Dividend Yield History of American Capital Agency (AGNC) |
Main Street Capital -- Yield: 7.61%
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 $1.45 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 $2.56. 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 11.19, the P/S ratio is 10.08 and the P/B ratio is finally 1.36. The dividend yield amounts to 7.61%.
Stock Charts:
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| Long-Term Stock Price Chart of Main Street Capital (MAIN) |
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| Long-Term Dividend Payment History of Main Street Capital (MAIN) |
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| Long-Term Dividend Yield History of Main Street Capital (MAIN) |
Chambers Street Properties -- Yield: 7.23%
Chambers Street Properties (NYSE:CSG) employs 33 people, generates revenue of $271.69 million and has a net income of $-9.78 million. The current market capitalization stands at $1.64 billion.Chambers Street Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $164.03 million. The EBITDA margin is 60.38% (the operating margin is 8.99% and the net profit margin -3.60%).
Financials: The total debt represents 48.11% of Chambers Street Properties assets and the total debt in relation to the equity amounts to 101.45%. Due to the financial situation, a return on equity of 1.31% was realized by Chambers Street Properties.
Twelve trailing months earnings per share reached a value of $0.11. Last fiscal year, Chambers Street Properties paid $0.50 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 64.30, the P/S ratio is 6.15 and the P/B ratio is finally 1.23. The dividend yield amounts to 7.23%.
Stock Charts:
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| Long-Term Stock Price Chart of Chambers Street Properties (CSG) |
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| Long-Term Dividend Payment History of Chambers Street Properties (CSG) |
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| Long-Term Dividend Yield History of Chambers Street Properties (CSG) |
EPR Properties -- Yield: 6.64%
EPR Properties (NYSE:EPR) employs 40 people, generates revenue of $385.05 million and has a net income of $175.75 million. The current market capitalization stands at $3.07 billion.EPR Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $325.29 million. The EBITDA margin is 84.48% (the operating margin is 67.46% and the net profit margin 45.64%).
Financials: The total debt represents 44.45% of EPR Properties assets and the total debt in relation to the equity amounts to 85.43%. Due to the financial situation, a return on equity of 8.41% was realized by EPR Properties.
Twelve trailing months earnings per share reached a value of $2.87. Last fiscal year, EPR Properties paid $3.42 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 18.80, the P/S ratio is 8.20 and the P/B ratio is finally 1.62. The dividend yield amounts to 6.64%.
Stock Charts:
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| Long-Term Stock Price Chart of EPR Properties (EPR) |
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| Long-Term Dividend Payment History of EPR Properties (EPR) |
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| Long-Term Dividend Yield History of EPR Properties (EPR) |
LTC Properties -- Yield: 4.87%
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 $1.55 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 $1.91. 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 23.02, the P/S ratio is 13.26 and the P/B ratio is finally 2.53. The dividend yield amounts to 4.87%.
Stock Charts:
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| Long-Term Stock Price Chart of LTC Properties (LTC) |
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| Long-Term Dividend Payment History of LTC Properties (LTC) |
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| Long-Term Dividend Yield History of LTC Properties (LTC) |
Realty Income -- Yield: 4.75%
Realty Income (NYSE:O) employs 127 people, generates revenue of $933.50 million and has a net income of $269.14 million. The current market capitalization stands at $11.83 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 $1.10. 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 43.62, the P/S ratio is 12.80 and the P/B ratio is finally 2.08. The dividend yield amounts to 4.75%.
Stock Charts:
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| Long-Term Stock Price Chart of Realty Income (O) |
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| Long-Term Dividend Payment History of Realty Income (O) |
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| Long-Term Dividend Yield History of Realty Income (O) |