5 Best Monthly Dividend Stocks for Passive Income | Summary and Q&A

TL;DR

Jimmy presents his top five dividend stocks that pay monthly dividends, providing an overview and dividend history for each company.

Key Insights

• 🈷️ Monthly dividend stocks are relatively rare, as most companies pay dividends quarterly.
• 💁 Many companies that pay monthly dividends tend to distribute most of their profits in the form of dividends to benefit from tax advantages.
• 🧘 Smaller companies that pay monthly dividends may have less liquidity and may be riskier for larger positions.
• 📔 Horizon Technology Finance Corporation and EPR Properties have consistently covered their dividends with profits, providing stability to investors.
• 🫢 Permian Basin Royalty Trust's dividend varies based on the performance of their oil and gas properties, making it potentially volatile.
• 😄 Realty Income Corp. focuses on long-term leases with national or regional retail chains, providing relatively stable dividends.
• 🛩️ Consideration of market corrections and the sustainability of dividends is important when investing in smaller monthly dividend stocks.

Transcript

Hi, I'm Jimmy in this video, I'm going to walk through my top five dividend stocks that pay monthly dividends. Now there are not many companies or even industries for that matter, that pay monthly dividends. Most companies pay them quarterly. So out of the list that I could find, I'm going to try to somewhat diversify this top five dividend list th... Read More

Questions & Answers

Q: What does Penny Park Floating Rate Capital do and what dividend yield do they offer?

Penny Park Floating Rate Capital is an investment company that provides loans and financing to medium-sized companies. They offer a dividend yield of slightly more than 9% on an annual basis.

Q: What is the primary focus of Horizon Technology Finance Corporation?

Horizon Technology Finance Corporation primarily invests in technology companies, with some investments in life science, healthcare, and clean tech companies.

Q: How does Permian Basin Royalty Trust's dividend vary and what dividend yield do they offer?

Permian Basin Royalty Trust's dividend varies based on the performance of their oil and gas properties. They currently offer a dividend yield of a bit more than 12%.

Q: What types of properties does EPR Properties specialize in, and what dividend yield do they provide?

EPR Properties specializes in real estate properties in the entertainment sector, including movie theaters, golf resorts, and saltwater parks. They offer a dividend yield of a bit more than 6%.

Summary & Key Takeaways

• Penny Park Floating Rate Capital (PFLT) offers loans and financing to medium-sized companies, providing a dividend yield of over 9% on an annual basis.

• Horizon Technology Finance Corporation (HRZ) invests primarily in technology companies, with a dividend yield of over 9% and consistent dividend payments since 2017.

• Permian Basin Royalty Trust (PBT) is a royalty trust in the energy sector, offering a dividend yield of over 12% and dividend variations based on oil and gas performance.

• EPR Properties (EPR) is a specialized real estate investment trust focused on entertainment properties, with a dividend yield of over 6% and consistent dividends.

• Realty Income Corp. (O) acquires retail locations leased to national or regional chains, providing a dividend yield of around 3.5% and stable dividend payments.