Q:

Are monthly dividend stocks common?

A:

Quick Answer

While most stocks pay dividends on a quarterly basis, according to Investopedia, an investor can find investments with monthly dividends, usually in funds or securities with extremely dependable cash flows. With this type of dividend payment, an investor can guarantee a monthly cash flow from his investments.

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Full Answer

Monthly dividends make budgeting and planning easier, because most expenses are also monthly, according to Forbes. This is particularly true for retirees living off their investment income. Kiplinger highlights 12 stocks and funds that offer monthly dividend payments. Many on the list are household names, such as Proctor & Gamble and Johnson & Johnson, two large consumer goods corporations. Others are well-known industrial giants such as Intel, a semiconductor and processor manufacturer, and General Dynamics, a defense industry supplier. Two funds made Kiplinger’s list: Realty Income, a real estate investment trust, and WisdomTree MidCap ETF, a fund composed of 400 small to mid-sized companies offering monthly dividends.

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