Have you been to your bank lately? You are lucky if you can get half a percent on a savings account. If you want to get more than 1%, you may need to tie your money up for ten years. The alternatives include monthly income stocks. Though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds that pay dividends monthly.
The advantage of monthly dividend investments include the return of your capital faster, which can generate faster compounding. In addition, the monthly payments can help reduce volatility. These monthly dividend investments can be found at WallStreetNewsNetwork.com, which has a recently updated list of about 200 different companies that pay dividends monthly, many of which have high yields in excess of 7%.
One example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 5.8% and sports a forward price to earnings ratio of 13.9.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.9%, sells at about a 8.2% discount to net asset value. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities. The company recently announced it will pay a supplemental dividend of 51.371 cents a share.
The MFS Multimarket Income Trust (MMT) pays a yield of 6.5%. It invests in fixed income investments throughout the world. The stock trades at a 5.2% discount to net asset value. The trust was founded in 1987, and has a management fee of 0.82%.
LMP Real Estate Income Fund Inc. (RIT) is a vehicle that allows the investor to participate in the real estate recovery and receive monthly income. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 6.5%, and has paid dividends since 2002. It is trading at a 8.6% discount to net asset value.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 9.8%. The company, which was founded in 1988, explores, develops, and produces oil and natural gas reserves in western Canada.
When choosing monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a large premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant before investing.
A list of over a couple hundred monthly dividend stocks, including many that have yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Showing posts with label AVK. Show all posts
Showing posts with label AVK. Show all posts
Wednesday, January 02, 2013
Tuesday, April 03, 2012
How to Beat CD Yields and Get Income Monthly
The average one-year yield for a bank certificate of deposit is currently 0.34%. Even if you tie up your funds in a five-year CD, the average yield is still only 1.15%. So what is an income investor to do? One very popular alternative is the closed end bond fund. One of the best features of this type of investment is the fact that many of them pay dividends monthly. Another monthly dividend alternative is the real estate investment trust.
Monthly dividend investments can return your capital faster, and can provide faster compounding. The monthly payments can also reduce volatility. Fortunately, there are over 150 different stocks that pay dividends monthly. Actually, even though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds, which pay dividends every month.
These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 50 of which have high yields in excess of 7%.
One example is The MFS Multimarket Income Trust (MMT) pays a yield of 7.1%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 0.8% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 14.1.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.
LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly income. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 7.9%, and has paid dividends since 2002. It is trading at a 14.9% discount to net asset value. The management fee is 1.2%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.5%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 18.2 times forward earnings.
When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant about this possibility.
A list of over a couple hundred monthly dividend stocks, including many that have yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Monthly dividend investments can return your capital faster, and can provide faster compounding. The monthly payments can also reduce volatility. Fortunately, there are over 150 different stocks that pay dividends monthly. Actually, even though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds, which pay dividends every month.
These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 50 of which have high yields in excess of 7%.
One example is The MFS Multimarket Income Trust (MMT) pays a yield of 7.1%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 0.8% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 14.1.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.
LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly income. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 7.9%, and has paid dividends since 2002. It is trading at a 14.9% discount to net asset value. The management fee is 1.2%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.5%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 18.2 times forward earnings.
When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax; check with your accountant about this possibility.
A list of over a couple hundred monthly dividend stocks, including many that have yields of 6% or more, is available at WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Wednesday, December 14, 2011
How to Get Monthly Income from Convertible Bonds
With the exception of a few micro-bonds that trade like stocks and pay interest quarterly, most bonds pay interest semi-annually. Convertible bonds are investments which can be converted into a specified number of shares of stocks. So if the company stock rises, the investor can convert the bond to stock and sell the shares. If the stock doesn't go up, the investor still receives regular income. If the company goes out of business, bonds are paid off first before the stockholders, so the convertible bonds provide additional security plus capital appreciation potential.
Bonds generally trade with minimum denominations of $5,000, and most bond brokers have minimum investments per trade of $10,000 to $25,000. So what's an investor do to if they want to put their money into convertibles, and want diversification with monthly income? Convertible bond closed end funds or CEFs are an option.
One convertible CEF example listed at WallStreetNewsNetwork.com is the Advent Claymore Convertible Securities & Income Fund (AVK), which yields 6.6%. The fund trades at an 11.4% discount to net asset value, and incurs a 0.92% management fee. Advent has been paying dividends since 2003.
The Calamos Convertible & High Income Fund (CHY) which generates a high yield of 8.8%. It can also be purchased at a discount, currently about 6.5%. The management fee is a bit on the high side at 1.13%. The Calamos CEF has also been paying since 2003.
For other monthly dividend CEFs, including convertible closed end funds, check out the list at WallStreetNewsNetwork.com, which can be downloaded, sorted and updated.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Bonds generally trade with minimum denominations of $5,000, and most bond brokers have minimum investments per trade of $10,000 to $25,000. So what's an investor do to if they want to put their money into convertibles, and want diversification with monthly income? Convertible bond closed end funds or CEFs are an option.
One convertible CEF example listed at WallStreetNewsNetwork.com is the Advent Claymore Convertible Securities & Income Fund (AVK), which yields 6.6%. The fund trades at an 11.4% discount to net asset value, and incurs a 0.92% management fee. Advent has been paying dividends since 2003.
The Calamos Convertible & High Income Fund (CHY) which generates a high yield of 8.8%. It can also be purchased at a discount, currently about 6.5%. The management fee is a bit on the high side at 1.13%. The Calamos CEF has also been paying since 2003.
For other monthly dividend CEFs, including convertible closed end funds, check out the list at WallStreetNewsNetwork.com, which can be downloaded, sorted and updated.
Disclosure: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
Saturday, December 10, 2011
Monthly Dividends Can Reduce Volatility and Increase Compounding
Monthly dividend investments can return your capital faster, and can provide faster compounding. The monthly payments can also reduce volatility. Fortunately, there are over 150 different stocks that pay dividends monthly. Actually, even though these investments are often referred to as stocks, they are technically closed end bond funds, real estate investment trusts, oil income trusts, and closed end income stock funds, which pay dividends every month.
These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 60 of which have high yields in excess of 7%.
One example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 13.5.
The MFS Multimarket Income Trust (MMT) pays a yield of 9.5%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 5.2% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.
LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly inocme. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 4.5%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 1.02%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.6%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.2 times forward earnings.
When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax
To see the list of almost a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
These monthly dividend investments can be found at WallStreetNewsNetwork.com, which lists almost 200 different companies that pay dividends monthly, over 60 of which have high yields in excess of 7%.
One example is Gas Natural Inc. (EGAS), previously called Energy, Inc., It is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.9% and sports a price to earnings ratio of 13.5.
The MFS Multimarket Income Trust (MMT) pays a yield of 9.5%. It invests in fixed in fixed income investments throughout the world. The stock trades at a 5.2% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.6%, sells at about a 11.4% discount to net asset value, and carries a 0.92% management fee. This closed end fund, founded in 2003, invests approximately 60% of its portfolio in convertible securities and 40% in lower-grade non-convertible income securities.
LMP Real Estate Income Fund Inc. (RIT) is a way of investing in real estate and receive monthly inocme. It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It carries a yield of 4.5%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 1.02%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 7.6%. The company was founded in 1988. The company explores, develops, and produces oil and natural gas reserves in western Canada.
Realty Income Corp. (O), one of the few stocks with a single letter stock ticker symbol, yields 5.1%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.2 times forward earnings.
When looking for monthly dividend investments investors should avoid investments with high management fees, limited liquidity, ones that trade at a premium to net asset value, and the ones using excessive leverage. The municipal bond closed end funds may trigger the Alternative Minimum Tax
To see the list of almost a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
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