For those of my readers who have investing accounts in addition to their trading accounts or solely see themselves as long term investors this is the article for you. I have compiled a list of stocks that pay monthly, yes MONTHLY, dividends for your holdings. There are a good number of monthly dividend names, but I have boiled down this list to the ones in which I feel are the safest and have the highest R/R in the longer term. Not only do I recommend these, I own shares with my own money in all the following. For these types of investments, I recommend only putting an amount of money that you are comfortable with writing off for at least 5-10 years. Investing in these names should be thought of as income generating as opposed to growth investing!
AGNC – AGNC Investment
AGNC Investment is an internally managed, real estate investment trust (REIT). From their website: “We invest predominately in agency residential mortgage-backed securities on a leveraged basis, financed primarily through collateralized borrowings structured as repurchase agreements.” AGNC was founded in 2008 and currently yields an annual dividend rate of 11.31%. Here is the AGNC chart since being founded in 2008.
STAG – STAG Industrial
STAG Industrial is a real estate investment trust “focused on the acquisition and operation of single-tenant, industrial properties throughout the United States.” STAG was founded in 2010 and currently yields an annual dividend rate of 5.71%. Here is the STAG chart since being founded in 2010.
SBR – Sabine Royalty Trust
Sabine Royalty Trust is “an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitute interests in gross production of oil, gas and other minerals free of the costs of production.” SBR was founded in 1982 and is headquartered in Dallas, TX. SBR currently yields an annual dividend rate of 8.98%. Here is the chart for the last 20 years of SBR.
GWRS – Global Water
Global Water Resources is a water supply company founded in 2003 and headquartered in Phoenix, AZ. Global Water currently yields an annual dividend rate of 2.80%. Here is the chart for the performance of GWRS since IPO in 2016.
PBA – Pembina
Pembina “is a Canadian corporation that operates transportation and storage infrastructure delivering oil and natural gas to and from parts of Western Canada.” Pembina was founded in 1954 and is headquartered in Calgary, Canada. PBA currently yields an annual dividend rate of 5.83%. Here is the historical performance of PBA since IPO in 2005.
SCM – Stellus Capital Investment
Stellus Capital Investment is an investment from that focuses on “efficient and customized sources of private credit and energy-focused private equity capital to the middle market.” In other words, SCM focuses on investments in two places: a private credit platform and an energy platform. SCM was founded in 2012 and is headquartered in Houston, TX. SCM currently yields an annual dividend rate of 9.37%. Here is the chart for SCM over the past 20 years.
WSR – Whitestone REIT
Whitestone is another REIT that “acquires, owns, manages, develops and redevelops high quality “internet-resistant” neighborhood, community and lifestyle retail centers.” WSR was founded in 1998 and is headquartered in Houston, TX. WSR currently yields an annual dividend rate of 9.3%. Here is the chart for WSR since IPO in 2010.
