5 Monthly Dividend Stocks with the Fastest Dividend Growth

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We are in the middle of a tragedy in dividend stocks. More than half the monthly dividend payers I follow have cut their dividend in the last five years and have seen their stock price plunge.

But I’ve found five monthly dividend stocks that have grown their payout an average of 9% a year and pay an average 7% yield. I’ll count up to the highest dividend growth in monthly stocks, including our top stock with 22% annual growth.

More important than these five dividend stocks though is knowing what to watch for so you know the best dividend growers BEFORE they increase. A lot of those monthly paying stocks have cut this year especially in the REITs and BDCs. In fact, I had originally wanted to highlight seven stocks in the video but could only find five that have consistently grown the dividend over the last five years.

But like every good athlete knows, you don’t want to go to where the ball is, you want to be where it’s going. That means, you can’t simply chase the best dividend growth stocks or avoid those that have cut. You have to ask yourself why they’ve increased or cut and what’s coming. Besides that list of monthly dividend stocks to buy, I'll show you what to watch for in dividend stocks.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#monthlydividends #dividendstocks #dividends

[georginalikewood]

I was raised that the stock market was a rich man’s game(yep, grandparents lost it all back in the day and preached that forever) but I’ve been around long enough to truly taste just how profitable it can be, with inflation at 9.2% surely these are desperate times, but in my opinion there’s no market condition a proper financial advisor can’t scale through, especially ones that’s been around since the crisis of ’08 and before.

[wimkok]

Not going for dividends lower than 9%. I do not have millions to spare and want a reasonable monthly income

[holisticcatalyst]

DGRW, 13% total growth last 9 years from inception. Dividend growth 12%. Qualified dividend. 15% APPL, MSFT, is this the best monthly div payer?

[bbharat]

i always wait eargerly look for dividend videos on your channel Joseph.Thank you

[Nemo-ynsp]

I have MAIN & O, add on significant dips, so added to O yesterday. The dividends aren't qualified and I have them in tax accounts, so won't be buying as much as I might otherwise. I also have HRZN & PFLT in my monthly paying account. Yield on cost is ~9%, with MAIN, O & STAG being the lowest yield, but they are SWANs, so that's ok.

[CG-vrsf]

Hello Joe,

Thank you for the great video as always! I did have a question, are royalty companies only for oil? Or are there other type of royalty companies for other types of commodities / sectors?

Are there any royalties to invest in for the below topics? Or are they just relegated to ETFS / stocks?

Natural Gas / Coal etc.
Timber / Wood etc.
Gold / Silver / Copper etc.
Farmland etc.
Railroads etc.
REITs etc.

Thank you!

[riverraven]

I already had Realty on my watchlist for other reasons, interesting to see you mention it.

[Steverino]

I owned MAIN but finally sold it when the price got to 50% over its NAV(net asset value). It's a great company with a great track record but when it hit the high over NAV of all BDC's I own, placing my money with those BDC's at NAV or lower was a better idea.

[scottmclellan]

Joe, I am back and glad to see you still here. But Joe if I create the 7 ETF minimum stress portfolio you present a couple of weeks ago, am I not set

[ScrambleEverything]

SCM and HRZN didn't make the BDC cut for 5 year dividend growth.

[philipcollen]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[NativePpl]

I do like dividends 💰. I’m adding the BDCs to my watchlist as a research reminder 👍🏼

[OPPK]

If I have 100k and it’s a monthly dividend for 10% I make 10k? Doesn’t sound right?

[OldLion]

Not sure if this is good way of doing it but I look at EPS vs DPS and DtoA. I figure if they are under 80% Debt and have an EPS > DPS then they have some room to grow. Just a quick and dirty method anyway. I will peak at net margin to make sure EPS can sustain itself as well.

[cblaze]

How do you like Realty Income hitting a 52 week low? It makes up about 9% of my dividend portfolio

[tonynes]

Want ETFs but will take a look at these here😮! Thanks!

[KITLEVEY]

For instance, O - Realty Income Corp, peaked in mid 2022 between $74.50 & $75. Since then it's stock price has dropped nearly 30%. Increased dividend or not, you're losing $.

[coreygigoux]

I dont with dividends now with a market crash coming sir.

[johnb]

hummm CRT and GAIN both cut their dividend within the past month. so not really dividend fastest growth 🤨

[renaissanceman]

This clown is down at least 50% on his call to double down on MPW 6 months ago... REITs are getting destroyed.