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3 Top Monthly Dividend Stocks Yielding as Much as 7.2% to Buy for Passive Income
Buying dividend stocks can be a great way to produce some extra income to help cover your living expenses. However, some investors face a problem. Most companies pay quarterly dividends, which don't align with monthly costs. Stag Industrial (NYSE: STAG), EPR Properties (NYSE: EPR), and Healthpeak Properties (NYSE: DOC) stand out because they pay monthly dividends. The real estate investment trusts (REITs) also have higher dividend yields. These features make them ideal stocks to buy for passive income.Image source: Getty Images.Continue reading
Buying dividend stocks can be a great way to produce some extra income to help cover your living expenses. However, some investors face a problem. Most companies pay quarterly dividends, which don't align with monthly costs.
Stag Industrial (NYSE: STAG), EPR Properties (NYSE: EPR), and Healthpeak Properties (NYSE: DOC) stand out because they pay monthly dividends. The real estate investment trusts (REITs) also have higher dividend yields. These features make them ideal stocks to buy for passive income.
Image source: Getty Images.
