Daily dividend news for investors in dividend stocks

5 Monthly Dividend Stocks With 4.2% To 16% Yields

Published Wed, 08 Aug 2012 00:17:02 -0400 on Seeking Alpha

Main Street Capital Corporation (MAIN) remains my favorite Business Development Corporation (BDC) entity. Their recent conference call confirmed the company's positive progress. I prefer monthly dividend income securities. A dividend paid 12 times a year provides personal cash flow funds to offset monthly expenditures. I refer to my portfolio as my "monthly free cash flow dividend". Main Street Capital announced a monthly dividend increase to 15 cents per share. This will take effect in October. Monthly dividend stocks can provide the solution to a monthly cash flow to pay incoming expenses. In this article I highlight 5 monthly dividend stocks with yields ranging from 4.2% to 16% per year. Main Street Capital Main Street provides financing to third parties for financing. A BDC will survive based upon the quality of its management team. Lending to third parties provides capital for loans, equity, buyouts, recapitalizations, and growth financings. Lenders want clients... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
BAYTEX ENERGY TRUST 1.44   0.0 -0.14 0.00 65.28
GABELLI GLOBAL GOLD NAT RES & INC TRUST 4.44   0.0 0.00 0.00 13.48
ARMOUR RESIDENTIAL REIT 17.26   0.0 -9.30 2.04 12.03
MAIN STREET CAPITAL 43.18   16.8 2.57 2.46 5.69
REALTY INCOME 74.49   56.9 1.31 2.72 3.69