Top 3 companies that pay a dividend every month
Dividend investments are very attractive to investors for one reason - the possibility of building passive income. And it is even more attractive if it is paid to you every month! And that's exactly what these three companies can provide.
Mathematically, of course, it doesn't matter. Whether someone gives you 1/12 of an annual dividend every month or 3/12 every quarter. But there is still that human "hunger". It's just nice to see that extra income in the form of dividends adding to your account every month and you can count on it. Whether you care about it or not, there are three companies that have decided to pay their dividend monthly, and we're going to take a look at them together today!
Realty Income Corporation $O+0.5%
I don't think any of you were expecting anything else either. Realty just can't be missed here.
Realty Income Corporation is an American company that specializes in real estate investments and is known as"The Monthly Dividend Company" because it has been paying a dividend to investors every month for over 50 years. The company owns and leases commercial real estate throughout North America and has a diverse portfolio that includes shopping centers, supermarkets, pharmacies and more.
One of the main benefits of investing in Realty Income is the stability of the dividend yield. The company has a long history of stable and growing dividend yields, which is important for investors looking for regular income from their investments.
Realty Income also prides itself on its diversified real estate portfolio, which includes various types of commercial properties and rental properties. This helps to reduce risk for investors, as if any segment of the market is struggling, it can be offset by the performance of other segments.
In addition, Realty Income now has a very nice 5% dividend yield, which may make it an interesting choice for many investors. On the other hand, its current valuation may already be out of whack for many.
It's important to remember that investing in Realty Income and other real estate companies can be risky, and the fund's ultimate performance can be affected by the real estate market and the economy. In fact, this has been significantly demonstrated in recent months.
STAG Industrial $STAG-1.7%
STAG Industrial is a U.S. company that specializes in investing in industrial real estate such as warehouses, distribution centers, industrial buildings and more. Founded in 2010, the company has expanded its portfolio to more than 460 properties in 38 states in the US.
The company pays dividends to investors every month and currently stands at 4.1% for this company. STAG also prides itself on its diversified real estate portfolio, which includes various types of industrial buildings and rental properties, which helps reduce risk for investors.
The company is also expanding aggressively. The company has acquired more than $1.2 billion of new properties in 2020 and more than $500 million of new properties in 2021. The company also actively manages its real estate portfolio to ensure optimal utilization and return on investment.
Pembina Pipeline Corporation $PBA-0.4%
Pembina Pipeline Corporation is a Canadian oil and gas transportation and processing company. The company owns and operates a network of pipelines and terminals for the transportation of crude oil and natural gas in Canada and the US. It also offers oil and gas processing and storage services.
The company pays a dividend to investors every month at an annual rate of about 3.7%. In addition, it has been nearly 20% in the red for the past year, so it could be at an attractive entry price for some investors. The P/E is currently about 17. Pembina Pipeline Corporation is also expanding its service portfolio and gradually becoming a full-service energy services provider.
Pembina Pipeline's recent results show overall stability. The majority of its revenue is volume-based contracts, which provides it with a great deal of protection from external factors. The company has completed work on two projects, which puts it in a position to achieve growth in the first half of this year. The newly announced fracking expansion should allow the company to continue its future growth even though it will not be commissioned until 2026.
Disclaimer: This is in no way an investment recommendation. This is purely my summary and analysis based on data from the internet and other sources. Investing in the financial markets is risky and everyone should invest based on their own decisions. I am just an amateur sharing my opinions.
