The article highlights five high-quality, safe monthly dividend stocks favored by Baby Boomers for generating reliable passive income to supplement Social Security, emphasizing the importance of dividend income for a secure retirement and noting the increasing popularity of monthly pay stocks and ETFs.
The article highlights three ultra-high-yield dividend stocks—AGNC Investment, Realty Income, and PennantPark Floating Rate Capital—that offer safe, monthly income with yields ranging from 5.3% to 14.2%, enabling investors to potentially earn a 10.5% annual return by splitting their investment among them.
Realty Income and Stag Industrial are two monthly dividend-paying real estate investment trusts (REITs) worth considering for investors seeking regular income. Realty Income, known as "The Monthly Dividend Company," has a strong track record of paying monthly dividends and offers a dividend yield of 5.8%. With a resilient business model and growth opportunities, it presents a compelling option for dividend investors. Stag Industrial, focused on industrial properties, offers a 4% dividend yield and has demonstrated steady growth and a diversified portfolio. Both companies are well-positioned to benefit from falling interest rates and provide investors with the advantage of more frequent dividend payments.