I like making money in the stock market. But I love dividends. You see, the problem with capital gains is that in order to actually enjoy them, you have to sell you shares. But the beauty of dividend stocks is that you get to enjoy the fruits of your investment without having to actually sell anything. Think of it as milking a cow rather than killing it for meat. Which sounds like the better long-term plan to you?
But even most dividend stocks are imperfect, as dividends are usually paid quarterly. This problem with this is that most of our expenses tend to be monthly, so when you depend on dividends to pay your bills, there is always something of a disconnect between you income and your expenses. This can make budgeting something of a challenge.
Thankfully, monthly dividend stocks do exist, and there are actually quite a few of them out there.
Today, we’re going to look at 10 solid monthly dividend stocks to buy. Many of these names are popular among income investors, but others will almost definitely be new to you. Importantly, all have a long history of taking care of their shareholders with consistent monthly dividend checks.