12 Stocks That Pay Monthly Dividends

Not all stocks pay dividends, and those that do don’t all the time. And when they do, they tend to pay quarterly. But of the 3,000 or so stocks on the major exchanges that pay dividends, there are about 50 that pay monthly.

Dividends themselves are a nice way to generate passive income while easing the pain from falling stock prices. Plus, dividend yield is a percentage that rises when stock prices fall, since it’s simply dividend divided by price. That’s a nice way to comfort yourself a bit about the price even though the dividend itself hasn’t changed. Plus, if you like the stock, the lower price can be a good opportunity to buy more.

Here are a dozen monthly dividend payers to consider.

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