"Maximize Dividend Income with Top Ultra-High-Yield and Growth Stocks for Retirees"

Investing in dividend stocks can be a lucrative long-term strategy, and some companies offer monthly dividend payments. To generate $300 in monthly dividend income, consider investing $37,800 into three ultra-high-yield stocks: Realty Income, Horizon Technology Finance, and PennantPark Floating Rate Capital. Realty Income is a retail REIT with a diversified property portfolio and a history of dividend increases. Horizon Technology Finance focuses on debt investments in high-growth industries, offering a high yield. PennantPark Floating Rate Capital primarily invests in debt from middle-market companies, benefiting from variable-rate investments. These stocks provide a super-safe monthly income opportunity for patient investors.