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 MMT. Show all posts
Showing posts with label MMT. 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
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
Saturday, September 17, 2011
The Benefits of Monthly Dividend Stocks
Would you like your capital returned faster, and have your compounding happen more quickly? How about less volatility? You can get all that from monthly dividend stocks. According to the database list at WallStreetNewsNetwork.com, there are almost 200 different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.0%, sells at about a 3% 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.
Another 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 5.0% and sports a forward price to earnings ratio of 13.
If you think that real estate is due for a refund, you might want to take a look at LMP Real Estate Income Fund Inc. (RIT). It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 4.4%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.9%. The stock trades at a 6% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 8.3%. 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 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.3 times forward earnings.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of 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. Remember, 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
The Advent Claymore Convertible Securities & Income Fund (AVK) sports a yield of 6.0%, sells at about a 3% 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.
Another 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 5.0% and sports a forward price to earnings ratio of 13.
If you think that real estate is due for a refund, you might want to take a look at LMP Real Estate Income Fund Inc. (RIT). It is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 4.4%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.9%. The stock trades at a 6% discount to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Pengrowth Energy Trust (PGH) is a Canadian oil royalty income trust that yields 8.3%. 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 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.3 times forward earnings.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of 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. Remember, 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
Sunday, July 17, 2011
The Advantage of Monthly Dividends Over Quarterly Dividends
There are several advantages to receiving monthly dividends over quarterly dividends:
1. compounding takes place quicker
2. the invested capital is returned faster
3. there is usually less price volatility of the investment
4. many of monthly dividend investments pay dividends that are tax free.
According to the database list at WallStreetNewsNetwork.com, there are about a couple hundred different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.
An example is Gas Natural Inc. (EGAS), formerly known as 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 4.6% and sports a price to earnings ratio of 12.5.
LMP Real Estate Income Fund Inc. (RIT), is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 6.8%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
Calamos Convertible & High Income (CHY) has a decent yield of 7.3%. However, the management fee is fairly high at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.7%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.4%, and has been paying monthly since 2006. The company trades at 20.3 times forward earnings.
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 15.9 times forward earnings.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.3% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, this taxation is probably already built into the price of these Canadian trusts.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of the Alternative Minimum Tax
To see the list of about a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Remember, 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
1. compounding takes place quicker
2. the invested capital is returned faster
3. there is usually less price volatility of the investment
4. many of monthly dividend investments pay dividends that are tax free.
According to the database list at WallStreetNewsNetwork.com, there are about a couple hundred different companies that pay dividends monthly, many of which have fairly high yields. Although these investments are often referred to as stocks, that term is used loosely. These investments are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month.
An example is Gas Natural Inc. (EGAS), formerly known as 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 4.6% and sports a price to earnings ratio of 12.5.
LMP Real Estate Income Fund Inc. (RIT), is an exchange traded fund that invests in real estate related companies including real estate investment trusts. It sports a yield of 6.8%, and has paid dividends since 2002. It is trading at a slight discount to net asset value. The management fee is 0.61%.
Calamos Convertible & High Income (CHY) has a decent yield of 7.3%. However, the management fee is fairly high at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
The MFS Multimarket Income Trust (MMT) pays a yield of 7.7%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.85%.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.4%, and has been paying monthly since 2006. The company trades at 20.3 times forward earnings.
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 15.9 times forward earnings.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.3% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, this taxation is probably already built into the price of these Canadian trusts.
The monthly dividend investments you should avoid are:
1. the ones with high management fees
2. the ones with limited liquidity and which trade very few shares each day
3. the ones that trade at a premium to net asset value
4. the ones using excessive leverage
5. for municipal bond closed end funds, beware of the Alternative Minimum Tax
To see the list of about a couple hundred monthly dividend stocks, including many that have yields of 6% or more, go to WallStreetNewsNetwork.com. Remember, 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
Sunday, June 12, 2011
6% Yield Stocks That Pay Monthly
What pays a yield of 6% or more, makes distributions monthly, is liquid, and has no minimum investment? The answer is monthly dividend closed end funds, also known as CEFs. Although technically not stocks, they are investment companies that hold high yield stocks and/or bonds and trade like stocks.
Some of the advantages to receiving monthly dividends as opposed to quarterly or annual dividend stocks include the fact that the invested capital is returned faster, compounding takes place more quickly, and there is generally less price volatility of the CEF. In addition, many of monthly dividend investments pay dividends that are tax free if they own municipal bonds in their portfolios.
According to the list that was recently updated at WallStreetNewsNetwork.com, there are over 200 different companies that pay dividends monthly, many of which have high yields, over 175 of which pay yields of 6% or more.
An example is the Calamos Convertible & High Income Fund (CHY), which pays a fairly yield of 7.3%. The management fee is on the high side at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
Another example is the MFS Multimarket Income Trust (MMT), which sports a yield of 7.8%. The stock trades at a slight discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
When choosing these investments, avoid the ones with high management fees, and also avoid the ones with low liquidity. Talk to your CPA if you invest in municipal bond closed end funds, in regards to the Alternative Minimum Tax. Try to chose the ones that trade at a discount to net asset value, and avoid the ones using excessive leverage.
To see the latest updated list of over 200 monthly dividend stocks, including many that have yields of 8% or more, go to WallStreetNewsNetwork.com. Remember, 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
Some of the advantages to receiving monthly dividends as opposed to quarterly or annual dividend stocks include the fact that the invested capital is returned faster, compounding takes place more quickly, and there is generally less price volatility of the CEF. In addition, many of monthly dividend investments pay dividends that are tax free if they own municipal bonds in their portfolios.
According to the list that was recently updated at WallStreetNewsNetwork.com, there are over 200 different companies that pay dividends monthly, many of which have high yields, over 175 of which pay yields of 6% or more.
An example is the Calamos Convertible & High Income Fund (CHY), which pays a fairly yield of 7.3%. The management fee is on the high side at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
Another example is the MFS Multimarket Income Trust (MMT), which sports a yield of 7.8%. The stock trades at a slight discount to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
When choosing these investments, avoid the ones with high management fees, and also avoid the ones with low liquidity. Talk to your CPA if you invest in municipal bond closed end funds, in regards to the Alternative Minimum Tax. Try to chose the ones that trade at a discount to net asset value, and avoid the ones using excessive leverage.
To see the latest updated list of over 200 monthly dividend stocks, including many that have yields of 8% or more, go to WallStreetNewsNetwork.com. Remember, 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
Thursday, April 21, 2011
Monthly Dividend Stocks
There are plenty of benefits to owning stocks that pay their dividends monthly. According to the Excel list that was just updated by WallStreetNewsNetwork.com, there are over 200 different companies that pay dividends monthly, many of which have high yields. Technically, these stocks are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month. Advantages to receiving monthly dividends as opposed to quarterly or annual dividend stocks are that the invested capital is returned faster, compounding takes place quicker, and there is usually less price volatility of the investment. Also, many of monthly dividend investments pay dividends that are tax free.
An example is the MFS Multimarket Income Trust (MMT) which pays a yield of 7.80%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
Gas Natural Inc. (EGAS), formerly known as Energy, Inc., is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.6% and carries a price to earnings ratio of 12.7.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.2%, and has been paying monthly since 2006. The company trades at 22.4 times forward earnings.
Realty Income Corp. (O), with the great single letter stock ticker symbol, yields 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.7 times forward earnings.
Calamos Convertible & High Income (CHY) has a decent yield of 6.9%. However, the management fee is a bit on the high side at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.1% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, many analysts believe that this taxation is build into the price of these Canadian trusts.
Use caution choosing these investments. Avoid the ones with high management fees, watch out for the ones with limited liquidity and which trade very few shares on a daily basis, and if you invest in the municipal bond closed end funds, make sure you know the consequences of the Alternative Minimum Tax. You also want to find the ones that trade at a discount to net asset value, and avoid the ones using excessive leverage.
To see the latest updated list of over 225 monthly dividend stocks, including many that have yields of 8% or more, go to WallStreetNewsNetwork.com. Remember, 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
An example is the MFS Multimarket Income Trust (MMT) which pays a yield of 7.80%. The stock trades at a 9.2% to net asset value. The company, which has been around since 1987, has a management fee of 0.82%.
Gas Natural Inc. (EGAS), formerly known as Energy, Inc., is a distributor of natural gas in Montana, Wyoming, North Carolina, and Maine. It was founded in 1909. The stock pays a yield of 4.6% and carries a price to earnings ratio of 12.7.
Baytex Energy (BTE) is an investment trust which generates income from petroleum and natural gas properties. It generates a yield of 4.2%, and has been paying monthly since 2006. The company trades at 22.4 times forward earnings.
Realty Income Corp. (O), with the great single letter stock ticker symbol, yields 5.0%. This real estate investment trust which specializes in commercial retail real estate, has been around since 1969. The stock trades at 16.7 times forward earnings.
Calamos Convertible & High Income (CHY) has a decent yield of 6.9%. However, the management fee is a bit on the high side at 1.13%. This CEF, founded in 2003, invests in high yield fixed income securities and convertible securities.
Provident Energy Trust (PVX) is a Canadian income trust which generates a yield of 6.1% through the marketing of natural gas liquids. It was founded in 1993. Canada's new legislation which taxes trust income goes into effect this year. This would tax the trusts at the corporate level in addition to the shareholder level. However, many analysts believe that this taxation is build into the price of these Canadian trusts.
Use caution choosing these investments. Avoid the ones with high management fees, watch out for the ones with limited liquidity and which trade very few shares on a daily basis, and if you invest in the municipal bond closed end funds, make sure you know the consequences of the Alternative Minimum Tax. You also want to find the ones that trade at a discount to net asset value, and avoid the ones using excessive leverage.
To see the latest updated list of over 225 monthly dividend stocks, including many that have yields of 8% or more, go to WallStreetNewsNetwork.com. Remember, 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, February 24, 2010
Over 280 Stocks That Pay Dividends Monthly
It doesn't matter whether you are a retiree looking for income or an active investor looking for places to put excess cash, it is hard to ignore stocks that pay monthly dividends. The choices are numerous. There are over 280 different securities that pay monthly that are available for investors to choose from, most with very high yields. Technically, these stocks are real estate investment trusts, oil income trusts, closed end bond funds, and closed end income stock funds, which pay dividends every month. The advantages to having monthly dividends versus quarterly or annual dividend stocks are that your invested capital is returned faster, compounding happens quicker, there is usually less volatility, and many of these pay tax free income.
Here is a random selection of the hundreds to chose from:
Provident Energy Trust (PVX) 8.6%
MFS Multimarket Income Trust (MMT) 8.5%
San Juan Basin Royalty Trust (SJT) 8.2%
ING Clarion Global Real Estate Income Fund (IGR) 8.1%
Eaton Vance CRD Opportunities (EOE) 7.9%
Strategic Global Income Fund Inc. (SGL) 7.9%
BlackRock Strategic Municipal Trust (BSD) 7.0%
Nuveen Municipal Market Opportunity Fund Inc. (NMO) 7.0%
Dreyfus Municipal Income Inc. (DMF) 6.5%
Realty Income Corp. (O) 6.1%
A couple things to keep in mind when you are doing your due diligence and homework on these investments. Be careful of the ones with high management fees, be careful of the ones with limited liquidity and which trade very few shares on a daily basis, and if you invest in the municipal bond closed end funds, make sure you know the consequences of the Alternative Minimum Tax.
To see the latest updated list of over 280 monthly dividend stocks, including a dozen that have yields of 10% or more, go to WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
Here is a random selection of the hundreds to chose from:
Provident Energy Trust (PVX) 8.6%
MFS Multimarket Income Trust (MMT) 8.5%
San Juan Basin Royalty Trust (SJT) 8.2%
ING Clarion Global Real Estate Income Fund (IGR) 8.1%
Eaton Vance CRD Opportunities (EOE) 7.9%
Strategic Global Income Fund Inc. (SGL) 7.9%
BlackRock Strategic Municipal Trust (BSD) 7.0%
Nuveen Municipal Market Opportunity Fund Inc. (NMO) 7.0%
Dreyfus Municipal Income Inc. (DMF) 6.5%
Realty Income Corp. (O) 6.1%
A couple things to keep in mind when you are doing your due diligence and homework on these investments. Be careful of the ones with high management fees, be careful of the ones with limited liquidity and which trade very few shares on a daily basis, and if you invest in the municipal bond closed end funds, make sure you know the consequences of the Alternative Minimum Tax.
To see the latest updated list of over 280 monthly dividend stocks, including a dozen that have yields of 10% or more, go to WallStreetNewsNetwork.com.
Author does not own any of the above.
By Stockerblog.com
Subscribe to:
Comments (Atom)