"Maximize Retirement Income: 3 Ultra-High-Yield Stocks for Super-Safe Dividend Income"

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Source: The Motley Fool
"Maximize Retirement Income: 3 Ultra-High-Yield Stocks for Super-Safe Dividend Income"
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TL;DR Summary

Investing in high-quality dividend stocks has historically outperformed non-dividend payers, with an average annual return of 9.18% over a half-century. Three ultra-high-yield stocks offering monthly dividends are AGNC Investment with a 15.34% yield, PennantPark Floating Rate Capital with an 11.02% yield, and LTC Properties with a 7.48% yield. These stocks provide opportunities for super-safe monthly dividend income, with each requiring an investment of $32,000 split equally. AGNC is a mortgage REIT, PennantPark is a business development company, and LTC Properties is a healthcare REIT, each with unique strategies for generating income and managing risk.

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