Tuesday, January 30, 2007

Stocks That Pay Dividends Monthly (Jan. 2007 Update)

During the last few months, I have provided articles on the stocks, including exchange-listed closed end funds [CEF's], that pay their dividends monthly. Many income investors are looking for monthly payers to support their income during retirement. Some investors want monthly dividend stocks for their IRA's for faster compounding.

This list is now up to 150 different stocks, CEF's, REIT's, floating rate funds, and oil income funds [such as Canadian royalty trusts], all of which are traded on the New York Stock Exchange or American Stock Exchange. I've added over twenty new securities since the year-end update, reposted the yields, kept the readers' recommendations of sorting by yield with the highest first, and identifying the Canadian companies [due to the tax withholding issues].

For a list of all the monthly dividend stocks in an Excel format which you can download, sort, add to, delete from, and change, go to WallStreetNewsNetwork.com.

Harvest Energy Trust (HTE) 18.4% [Canada]
BlackRock Floating Rate Inc. Strat. Fund II (FRB) 17.4%
Advantage Energy Income Fund (AAV) 17.0% [Canada]
Canetic Resources (CNE) 15.0% [Canada]
Pengrowth Energy Trust (PGH) 14.8% [Canada]
Precision Drilling (PDS) 14.2% [Canada]
PrimeWest Energy Trust (PWI) 13.6% [Canada]
BlackRock Floating Rate Inc. Strat. Fund (FRA) 13.3%
Provident Energy Trust (PVX) 11.9% [Canada]
Boulder Growth & Income Fund (BIF) 11.8%
Penn West Energy Trust (PWE) 11.8% [Canada]
Baytex Energy (BTE) 11.0% [Canada]
RMK High Income Fund Inc. (RMH) 10.9%
RMK Strategic Income Fund (RSF) 10.9%
RMK Advantage Income Fund (RMA) 10.8%
RMK Multi-Sector High Income Fund (RHY) 10.6%
Enerplus Resources Fund (ERF) 10.3% [Canada]
Enterra Energy Trust (ENT) 10.0% [Canada]
Eaton Vance CRD Opportunities (EOE) 9.7%
Nuveen Equity Premium Advantage Fund (JLA) 9.5%
Nuveen Equity Premium Opport. Fund (JSN) 9.5%
Pioneer High Income Trust (PHT) 9.4%
PIMCO High Income Fund (PHK) 9.2%
BlackRock Diversified Income Strategies (DVF) 9.1%
Nuveen Equity Premium Income Fund (JPZ) 8.9%
Calamos Convertible Opport. & Income (CHI) 8.9%
Van Kampen Senior Income Trust (VVR) 8.8%
Eaton Vance Floating-Rate Income (EFT) 8.7%
ING GL Equity Dividend (IGD) 8.7%
Lehman Brothers First Trust Income Opp. (LBC) 8.7%
Eaton Vance Senior Floating Rate Trust (EFR) 8.6%
Scudder High Income Trust (KHI) 8.6%
BlackRock Senior High Income Fund (ARK) 8.5%
Alpine Global Dynami (AGD) 8.4%
Eaton Vance Enhanced Equity Income Fund II (EOS) 8.4%
Nuveen Equity Premium Growth Fund (JPG) 8.4%
Calamos Convertible & High Income (CHY) 8.4%
Van Kampen High Income Trust II (VLT) 8.3%
First Trust/Four Corners Senior Fltg Rate Inc. (FCM) 8.1%
Nuveen Preferred Convertible Income Fund 2 (JQC) 8.1%
Western Asset High Income Fund II Inc. (HIX) 8.1%
BlackRock Enhanced Dividend Achievers Trust (BDJ) 8.0%
Eaton Vance Senior Income Trust (EVF) 8.0%
Evergreen International Balanced Income (EBI) 8.0%
United Dominion 8.5 (UDM) 8.0%
BlackRock Global Floating Rate Income (BGT) 7.9%
Pimco Global Stocksplus Income Fund (PGP) 7.9%
Strategic Global Income Fund Inc. (SGL) 7.9%
BlackRock Limited Duration Income (BLW) 7.8%
Blackrock World Investment Trust (BWC) 7.8%
Cross Timbers Royalty Trust (CRT) 7.8%
Eaton Vance Enhanced Equity Income Fund (EOI) 7.8%
Western Asset High Income Opportunity Fund (HIO) 7.8%
American Strategic Income Portfolio III (CSP) 7.7%
BlackRock Enhanced Government Fund, Inc. (EGF) 7.5%
Franklin Templeton Ltd. Duration Income Trust (FTF) 7.5%
Advent Claymore Convertible Secur. & Income (AVK) 7.4%
Nuveen Real Estate Income Fund (JRS) 7.4%
BlackRock Preferred and Corporate Inc. Strat. (PSW) 7.4%
Western Asset Global High Income Fund Inc. (EHI) 7.3%
ACM Income Fund Inc. (ACG) 7.3%
40/86 Strategic Income Fund (CFD) 7.2%
Scudder Multi-Market Income Trust (KMM) 7.1%
Gabelli Gold, Natural Resources & Income (GGN) 7.0%
ING Clarion Real Estate Income Fund (IIA) 7.0%
Scudder Strategic Income Trust (KST) 7.0%
ACM Managed Dollar Income Fund (ADF) 7.0%
ACM Government Opportunity Fund Inc. (AOF) 6.9%
Alliance World Dollar Government Fund II (AWF) 6.9%
Morgan Stanley Municipal Premium Income (PIA) 6.9%
Permian Basin Royalty Trust (PBT) 6.8%
RMR Real Estate Fund (RMR) 6.8%
Morgan Stanley Quality Municipal Income Trust (IQI) 6.7%
BlackRock Preferred Income Strategies (PSY) 6.7%
Aberdeen Asia-Pacific Income Fund Inc. (FAX) 6.6%
AIM Select Real Estate Income Fund (RRE) 6.5%
San Juan Basin Royalty Trust (SJT) 6.5%
Colonial Intermarket Income Trust 1 (CMK) 6.4%
Flaherty & Crumrine Preferred Income Opp. (PFO) 6.4%
Neuberger Berman Real Estate Securities Inc. (NRO) 6.4%
Van Kampen Income Trust (VIN) 6.4%
RMR Hospitality and Real Estate Fund (RHR) 6.3%
BlackRock Income Opportunity Trust, Inc. (BNA) 6.2%
Scudder RREEF Real Estate Fund II, Inc. (SRO) 6.2%
American Income Fund Inc. (MRF) 6.2%
AEW Real Estate Income Fund (RIF) 6.1%
AmREIT (AMY) 6.1%
BlackRock Income Trust, Inc. (BKT) 6.1%
Gabelli Dividend & Income Trust (GDV) 6.0%
ING Clarion Global Real Estate Income Fund (IGR) 6.0%
Scudder RREEF Real Estate Fund Inc. (SRQ) 6.0%
Aberdeen Global Income Fund (FCO) 6.0%
MFS Multimarket Income Trust (MMT) 5.9%
BlackRock Municipal Income Trust (BFK) 5.8%
Gabelli Global Utility & Income Trust (GLU) 5.8%
Hugoton Royalty Trust (HGT) 5.8%
Morgan Stanley Insured Municipal Income (IIM) 5.8%
BlackRock Municipal Income Trust II (BLE) 5.7%
Morgan Stanley Municipal Income Opportunities (OIA) 5.7%
Real Estate Income Fund Inc. (RIT) 5.7%
Putnam Master Intermediate Income Trust (PIM) 5.6%
Putnam Premier Income Trust (PPT) 5.6%
Colonial Municipal Income Trust (CMU) 5.5%
Dreyfus Strategic Municipals Inc. (LEO) 5.5%
MFS Charter Income Trust (MCR) 5.5%
MFS Municipal Income Trust (MFM) 5.5%
Morgan Stanley Municipal Inc. Opp. Trust II (OIB) 5.5%
Realty Income Corp. (O) 5.5%
BlackRock California Municipal Income Trust (BFZ) 5.4%
BlackRock Florida Municipal Income Trust (BBF) 5.4%
Colonial High Income Municipal Trust (CXE) 5.4%
Morgan Stanley Municipal Inc. Opp. Trust III (OIC) 5.4%
Pioneer Municipal High Inc. Advantage Trust (MAV) 5.4%
Scudder Strategic Municipal Income Trust (KSM) 5.4%
BlackRock New York Municipal Income Trust (BNY) 5.3%
MFS Government Markets Income Trust (MGF) 5.3%
Putnam Managed Municipal Income Trust (PMM) 5.3%
BlackRock New Jersey Municipal Income Trust (BNJ) 5.2%
MFS Intermediate Income Trust (MIN) 5.2%
Pioneer Muncipal High Income Trust (MHI) 5.2%
Sabine Royalty Trust (SBR) 5.2%
Alliance National Municipal Income (AFB) 5.2%
BlackRock California Municipal Income Trust II (BCL) 5.1%
Morgan Stanley California Insured Muni Inc. (IIC) 5.1%
BlackRock Florida Insured Municipal Income (BAF) 5.0%
Eaton Vance Municipal Income Trust (EVN) 5.0%
Inland Real Estate Corp. (IRC) 5.0%
Van Kampen Advantage Municipal Inc. Trust II (VKI) 5.0%
Van Kampen California Value Municipal Income (VCV) 5.0%
ACM Municipal Securities Income Fund (AMU) 5.0%
BlackRock Insured Municipal Income Trust (BYM) 4.9%
ACM Managed Income Fund Inc (AMF) 4.9%
Alliance California Municipal Income (AKP) 4.9%
Alliance New York Municipal Income (AYN) 4.9%
BlackRock New York Municipal Income Trust II (BFY) 4.8%
Eaton Vance Pennsylvania Municipal Income (EVP) 4.8%
BlackRock California Insured Municipal Income (BCK) 4.7%
BlackRock New York Insured Municipal Income (BSE) 4.7%
Eaton Vance Florida Municipal Income Trust (FEV) 4.7%
Eaton Vance Michigan Municipal Income Trust (EMI) 4.7%
Eaton Vance New York Municipal Income Trust (EVY) 4.7%
Eaton Vance Ohio Municipal Income Trust (EVO) 4.7%
Neuberger Berman Real Estate Income Fund (NRL) 4.7%
Van Kampen Massachusetts Value Muni Inc. (VMV) 4.7%
Eaton Vance California Municipal Income Trust (CEV) 4.5%
Eaton Vance New Jersey Municipal Inc. Trust (EVJ) 4.5%
Morgan Stanley Government Income Trust (GVT) 4.4%
Scudder Municipal Income Trust (KTF) 4.4%
Eaton Vance Massachusetts Municipal Income (MMV) 4.3%
Mesa Royalty Trust (MTR) 2.2%

Author owns PWE and PWI.

No comments: