Previously, Realty Income stock did not make our list of top monthly dividend stocks due to its persistently high valuation. Second-quarter average billing per unit (“ABPU”) grew by 6.8%. Best Monthly Dividend Stocks: Horizon Technology Finance Corp (HRZN) Alternative financial companies have been on the rise since the market crash in … Having cash isn’t often important, but when it is, it is really, really important. The company is raising cash to get it through the coronavirus crisis, including a debt raise of $500 million in Canadian dollars. In addition, expected FFO-per-share growth of 4.0% and the current dividend yield of 4.9% lead to total expected returns of 10.9% per year over the next five years. The trust reported revenues of $414 million during the quarter, up 17% year-over-year. TransAlta earns a place on the list of top monthly dividend stocks, not just because of its high yield, but also because of its future growth potential. Based on this, we have excluded oil and gas royalty trusts, due to their high risks which make them unattractive for income investors, in our view. Adjusted EBITDA increased 9.5% year-over-year to $427 million USD. But in times of crisis, when so many companies are cutting or suspending their dividends, Realty Income’s relative safety becomes even more important. Best Dividend Capture Stocks ›› ... To gain exposure to the monthly dividend income stream, one can invest in monthly dividend-paying stocks, ETFs or mutual funds. Expected FFO-per-share growth of 4.0% and the current dividend yield of 4.6% lead to total expected returns of about 10% per year, including a slightly negative impact from a declining valuation multiple over the next five years. It still has a market share that is less than 1% of its target market. The main drivers of higher comparable EBITDA were improved performance at US Wind farms,Canadian Wind, US Wind and Solar and Australian Gas. Future growth is likely due to the addition of new projects. Microsoft () The tech giant has reinvented itself as a cloud leader. The company is now stating that they expect to deliver adjusted EBITDA growth in fiscal 2021, along with free cash flow of approximately C$800 million, which supports current dividend levels. Realty Income collected 86.5% of contractual rent across the total portfolio. Realty Income is a member of the Dividend Aristocrats. The company has maintained or increased its dividend every year since 2014, by an average of 4% growth per year. As of the end of fiscal 2019, Main Street had an interest in 69 lower middle market companies, 51 middle market companies and 65 private loan investments. Their portfolio is split between skilled nursing facilities and senior housing (LTC stands for long-term care). Thus, it is very important to continually monitor the financial feasibility of a company’s dividend. This is particularly true for retired investors who need to preserve as much of their principal as possible. Due to the effect of the pandemic on its business, funds from operations have stumbled this year but they have remained fairly resilient. Wireless service revenue increased 19.6% as the customer base grows to over 1.8 million customers. Stocks that pay dividends can provide a great opportunity to increase the income diversification of an investment portfolio.If you are looking for dividend-yielding stocks to add to your trading or investment portfolio, this article covers the best-yielding dividend stocks available in 2020 from some of the UK’s largest companies. As a result, it has incurred credit losses that have been less than 0.1% of its revenues since its IPO. The payout ratio is a mathematical expression that shows what percentage of a company’s earnings is distributed to shareholders as dividend payments. With that said, there are a handful of high quality monthly dividend payers around. Investing in monthly dividend stocks matches the frequency of portfolio income payments with the normal frequency of personal expenses. It appears Realty Income is handling the coronavirus crisis relatively well, as its rent collection during April and May both exceeded 80%. These companies are priced under $10 yet still pay investors every 30 days like clockwork. Realty Income is the top monthly dividend stock, not just because of a high dividend yield, but also its uniquely high level of dividend safety and long history of consistent dividend growth. Note that most of these businesses are either small- or mid-cap companies. If you know of any stocks that pay monthly dividends that are not on our list, please email support@suredividend.com. Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually. Main Street is a business development company (BDC) that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. However, some of these tickers are ETF, REITs, and … Monthly Dividend Stocks. During the quarter, the REIT achieved an occupancy rate of 96.2%. Realty Income has declared 598 consecutive monthly dividend payments without interruption, and has increased its dividend 106 times since its initial public offering in 1994. This is significantly below our fair value P/FFO ratio of 13. Its portfolio consists of ~44 facilities powered by wind, natural gas, hydro, or solar. 2019 was another year of growth for the company. If the stock reaches a price-to-NII ratio of 13.5 in five years, it would result in an annualized drag of -3.3% on annual returns. Distributable net investment income fell 6% year-over-year. We will resume coverage when and if the company in question resumes paying dividends. It has since grown to become Western Canada’s leading content and network provider, catering to both consumers and businesses. Shaw also has a sustainable dividend payout. Of the two reasons listed above, #1 is more likely to happen. For readers unfamiliar with Microsoft Excel, this section will show you how to list the stocks in the spreadsheet in order of decreasing payout ratio. The focus of this REIT on single-tenant properties might create higher risk compared to multi-tenant properties, as the former are either fully occupied or completely vacant. The Best Monthly Dividend Stocks for 2019. Based on the list above, the bulk of monthly dividend paying securities are REITs and BDCs. Step 4: Filter the high dividend stocks spreadsheet in descending order by payout ratio. The following list represents our top 5 monthly dividend stocks right now. However, the effect of the pandemic on the REIT has been limited so far thanks to the high credit profile of its tenants. 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