Introduction to Monthly Dividend Stocks

Monthly Dividends – Stocks usually pay quarterly dividends.  That is 4 payments throughout the year, 1 every three months.  I would rather have those payments broken down into monthly payments to coincide with my bills.  Well thankfully there are some stocks out there that pay dividends monthly.

Now we are talking!

Real Passive Revenue – When it comes to passive revenue, dividend paying stocks are probably the closest thing to passive revenue producers.  You literally just invest and then watch the dividends flow.  A nice well rounded portfolio of these stocks can create a nice steady monthly revenue stream for you.  That is exactly what I plan to build.

There are currently 350 monthly dividend paying stocks in the U.S. and Canada.  For a complete list of these stocks you can download a spreadsheet from Wall Street News Network.

Fast Compounding – Compounding is when a stock that produces dividends uses the dividends automatically to buy more stock.  Because these stocks pay out monthly dividends they will compound faster than normal dividend payers because will be buying more shares of the stock every month as opposed to every 3 months.

Take Advantage of The Current Economy – If these types of investments do interest you, you might want to purchase some shares soon.  Many of these stocks are at a discount right now because of the global economy crisis.  Keep in mind, some of the stocks may have to lower their dividend payments because their share price is too low.   At the same time these stock prices won’t stay low forever so you must act fast.  The bailout plan is going into effect very soon and should stabilize the economy at least for awhile.

I also noticed the gas prices are already starting to go back up which could mean some of the energy trusts won’t be in trouble very much longer.  Never forget that you should always do your own research when it comes to stock investing because there is no real guarantee that stocks will go up.  It is OK to take recommendations but you should verify what you read.

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