7 Highest Return Monthly Dividend Stocks to Fill Your Pockets

I love dividend stocks but don’t love waiting to get paid every three months. That’s why a lot of my cash flow portfolio is in monthly dividend stocks. The problem is, many of the highest yield monthly payers aren’t the best for your portfolio. You might collect a double-digit dividend for a while but the stock price falls and wipes out your return. The best monthly dividend stocks are the ones that pay you a consistent dividend and grow the share price.

That’s why I wanted to create this video, to show you how to find the top monthly dividend stocks and share my seven favorites. I’ll start by showing you why total return is just as important as a high dividend yield and show you how to find it. I’ll then help you find the best monthly dividend stocks to buy and reveal the seven with the highest returns over the last five years.

These are dividend stocks that not only pay you every single month but that have produced an annual return from 12% to as high as 19% over the last half decade. I’ll lay out this monthly dividend stock list, why I like each stock and the total return.

I know we all love those high dividend yields but what good is it if you lose all your returns when you go to sell the stock? Even worse, what happens when the company cuts the dividend? Then you’re left with a lower yield and a loss on the shares. You have absolutely got to factor in the share price return as well as dividend yield when picking your stocks.

Besides that total return, I also looked at dividend sustainability to create this dividend stocks list. I looked at the payout ratio and distribution coverage for each stock to make sure it could keep paying the dividend and maybe even increase it over time.

This doesn’t mean total return is sacred when it comes to investing in monthly dividend stocks. You can balance dividend yield and return depending on your preference. If you want a higher immediate cash flow and aren’t quite as concerned with the price return, then go with the highest yields but don’t totally ignore return either. You’ll notice I strike a balance between the seven top dividend stocks. Some offer higher yields but maybe a little lower return while others might not pay as high of dividends but give you stronger appreciation.

Want More Dividend Stock Ideas?

0:00 Highest Return Monthly Dividend Stocks to Buy Now
2:40 Two Monthly Dividend Stocks with Returns of 12% to 13%
6:50 Why Total Return is as Important as Dividend Yield
7:50 Two Monthly Dividend Stocks with Returns of 16%
10:00 How to Find the Best Monthly Dividend Stocks
12:49 Highest Return Monthly Dividend Stocks to Buy

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 debt payoff strategies, investing and ways to save 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.
#dividendstocks #dividends #dividendinvesting

[CarsandCats]

You need to be very careful at what price you buy in at. This is the MOST important thing. The last thing you want is something red in your portfolio that keeps dropping. Buy into your dividend paying stocks during a market correction. That is the correct time and you will have your pick of the litter with very little downside risk. Then sit back and enjoy the income.

[pauljones]

NLY is my favorite dividend stock. Paying almost 10% annually. I bought in at $8.35 and it's now $9.19.

[seaforfunW]

I have invested in NYL with a 9% and have the stock has increased 37% since my first investment however ENB has a 7.09 with an increase of 31%

[GamerTreasures]

I added GLAD to my watchlist. I bought a few shares of STAG about a week ago with my dividend payments I'm trying to diversify my REIT's a bit without buying just an ETF or Mutual Fund.

[rolf]

Hi, I really appreciate your information, thanks, I would say Europe is listening to you, ok, not everybody, but most of the folks overhere

[markmiller]

My 2 best stocks are SUN (quarterly dividend) and GAIN (monthly dividend). Both up about 30% with nice dividends !

[Maxxrevv]

I like agnc I bought at about 15 and now it's at 18.50 it pays 12 cents a share monthly. About 7%

[brkbtjunkie]

In my IRA: STX, 2.8% dividend, 324% return over last 5 years.

[bobmorris]

One of your best videos yet. Great work!

[atio]

I learnt how to do some ‘research’ with this video.
Thanks Joe

[christysittig]

GLAD, GAIN, GOOD, LAND - All the Gladstone's are doing good and paying good dividends.

[micahlloyd]

Prospect Capital is my golden child stock, she got good grades on the last report card so I gave her an allowance today buying another 33%

[ChrisC]

In my view, GOOD is better than GLAD, as a dividend performer. It costs more, but it pays more. For me, I'd rather have double the monthly dividend per share. Great list, though. I already own most of these.

[jeffmac]

Awesome. Like a mini CFA class. Thanks for the education.

[j.s.]

i'm in psec and stag already. i'm waiting for some dips.

[Leo-NJ]

“Math Rules Yo” 😂 Thanks for Video... Love the details in your videos.

[TeeJayAwrekaOA]

Liked the humor and the info delivery dude probably my favorite video so far haha, thanks for the laughs, im a math nerd too

[ENLFINANCE_Money]

Also enjoy finding monthly paying stocks to add to the portfolio, I'm currently challenge my self to build a monthly paying portfolio. So far I'm at 30 dollars in monthly dividends

[SindreGaaserod]

Fantastic stuff! So glad I found this video and channel!

[beardedbird]

Good info on how to figure out annualized returns! Will help a ton when looking for a good dividend