Stocks That Pay Dividends Monthly
Now I like to buy stocks that pay dividends. I like knowing that if I don’t put no more money into a stock, that it can still grow. If you set to reinvest the dividends that is. Reinvesting the dividends will buy more shares of the stock. So your shares of stock can keep growing, with the stocks that pay dividends. I know that after a 2 for 1 stock split, or any other stock splits, you can grow your stocks that way too. It just takes too long for them stock splits to occur, so I like the way dividends makes your shares go up faster.
Now all stocks pay out their dividends differently. Most will companies are set on a quarter basis, and you will get a dividend every 3 months. Some will pay annually or bi-annually, and typically these divdends are a little bit higher than the companies that pay them out quarterly. Then you have the rare breeds that will pay you a dividend monthly. So someone wanting to see their shares grow, could invest in monthly divdend paying stocks. Now just because a stock is currently paying their dividends monthly, does not mean they will always pay them monthly. Nor does it mean it’s a good company. That might be the most important thing.
So here are some of these stocks that pay dividends monthly. I am not recommending anyone to buy these stocks. I’m simply stating that they pay dividends monthly, and you will see your shares grow real quick with these companies. I can’t guarantee value or share price will increase, just your shares is all.
ING Clarion Real Estate Income Fund (IIA)
Scudder Strategic Income Trust (KST)
ACM Managed Dollar Income Fund (ADF)
ACM Government Opportunity Fund Inc. (AOF)
Alliance World Dollar Government Fund II (AWF)
Morgan Stanley Municipal Premium Income (PIA)
Permian Basin Royalty Trust (PBT)
RMR Real Estate Fund (RMR)
Morgan Stanley Quality Municipal Income Trust (IQI)
BlackRock Preferred Income Strategies (PSY)
Western Asset High Income Opportunity Fund (HIO)
BlackRock Floating Rate Inc. Strat. Fund (FRA)
American Strategic Income Portfolio III (CSP)
Nuveen Quality Preferred Income Fund 2 (JPS)
BlackRock Enhanced Government Fund, Inc. (EGF)
Franklin Templeton Ltd. Duration Income Trust (FTF)
Nuveen Quality Preferred Income Fund 3 (JHP)
Nuveen Quality Preferred Income Fund (JTP)
Western Asset Global Partners Income Fund Inc. (GDF)
Advent Claymore Convertible Secur. & Income (AVK)
PIMCO Floating Rate Income Fund (PFL)
Scudder High Income Trust (KHI)
BlackRock Senior High Income Fund (ARK)
Nuveen Floating Rate Income Fund (JFR)
Alpine Global Dynami (AGD)
Eaton Vance Enhanced Equity Income Fund II
Pengrowth Energy Trust (PGH)
Advantage Energy Income Fund (AAV)
PrimeWest Energy Trust (PWI)
Morgan Stanley Government Income Trust (GVT)
Nuveen Georgia Premium Income Municipal Fund (NPG)
Scudder Municipal Income Trust (KTF)
Eaton Vance Massachusetts Municipal Income (MMV)
Nuveen Insured Calif. Premium Income Muni Fund 2 (NCL)
Nuveen Premier Municipal Income Fund Inc. (NPF)
Nuveen Premium Income Municipal Fund 2 Inc. (NPM)
Van Kampen Massachusetts Value Muni Inc. (VMV)
Nuveen Municipal Income Fund Inc. (NMI)
Nuveen New Jersey Premium Income Muni Fund Inc. (NNJ)
Nuveen New York Quality Income Municipal Fund (NUN)
Nuveen Pennsylvania Premium Income Muni Fund 2 (NPY)
Eaton Vance California Municipal Income Trust (CEV)
Eaton Vance New Jersey Municipal Inc. Trust (EVJ)
Nuveen Maryland Premium Income Municipal Fund (NMY)
May 7th, 2007 at 5:30 pm
[...] most stocks pay their dividends quarterly, they are some that pay theirs monthly. I have made a list of some of these companies that pay dividends monthly. You can really increase the amount of shares [...]