3 Monthly Dividend Stocks Yielding Over 5% Worth Owning Now
Key PointsWhile the retail industry as a whole may be running into a headwind driven by the growth of e-commerce, the top players in the business are doing just fine, making their rent payments like clockwork.
For income-seeking investors, dividends can be an attractive option. While quarterly dividend payments may not be ideal, some stocks offer monthly dividends with yields over 5%. Realty Income (NYSE: O), a real estate investment trust, is one such company. O owns numerous properties housing well-known retailers like Dollar General, 7-Eleven, Walgreens, and Home Depot. With over 15,588 rental storefronts and 98.8% occupancy as of June, O has proven its ability to manage these assets effectively.
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