Monthly Dividend Stock 2017
Monthly Dividend Stocks are important for investors who are looking for monthly return on their investment. First of all you should be very clear that their is no crystal ball to guarantee gains in dividend funds. It is on utmost importance that you should diversify your investment. There are individual stocks and ETF that could generate more than 10% per year. Due to basic nature of volatile market, I have decided to create a fund of funds that would reduce the risk and give you average dividend yield of 12 to 15%.
Click on INVEST button below to see all the funds and stocks invested in this field.
BUY BASKET OF MONTHLY DIVIDEND STOCKS
Following is the list of stocks and ETF included in above listed MOTIF (basket of stocks). The beauty of this kind of investment is you can invest as low as 250 dollars and own all these at the same time. MOTIF investing company allows you to buy a basket of stocks for 9.95 dollars. If you subscribe to their BLUE plan then you only have to pay 4.95 in trading fees. I will write separate blog for just MOTIF investing.
As a result of investing into all stocks your money is divided into certain percentage. For example below table shows that each company will get 3.7% of 300 dollars per investment. You risk is distributed over 27 companies and ETF because we are buying all of them with just 300 dollars. We will discuss the result of such approach at the end of this table.
|Name||Symbol||Dividend Yield %||Price||Dividend Dollar Year||Monthly Dividend per Share||300 Dollars Invested will Buy Shares||Dividend Earned Per Month|
|Stone Harbor Emerging Markets Income Fund of Beneficial Interest||EDF||13.714||$15.75||$2.16||$0.18||1.42||$0.26|
|AllianzGI Convertible & Income Fund||NCV||12||$6.41||$0.77||$0.06||0.58||$0.04|
|Pimco High Income Fund||PHK||14.054||$8.34||$1.17||$0.10||0.75||$0.07|
|Calamos Convertible Opportunities and Income Fund||CHI||10.801||$10.56||$1.14||$0.10||0.95||$0.09|
|Avenue Income Credit Strategies Fund||ACP||10.619||$13.33||$1.42||$0.12||1.20||$0.14|
|Eaton Vance Tax-Advantage Global Dividend Opp||ETO||9.416||$22.77||$2.14||$0.18||2.05||$0.37|
|Chatham Lodging Trust (REIT) of Beneficial Interest||CLDT||6.929||$19.15||$1.33||$0.11||1.73||$0.19|
|Apple Hospitality REIT Inc.||APLE||6.397||$18.77||$1.20||$0.10||1.69||$0.17|
|ETRACS Monthly Pay 2X Leveraged Closed End Fund||CEFL||18.967||$16.47||$3.12||$0.26||1.48||$0.39|
|AllianzGI Diversified Income & Convertible Fund of Beneficial In||ACV||10.204||$19.47||$1.99||$0.17||1.75||$0.29|
|Main Street Capital Corporation||MAIN||5.976||$37.11||$2.22||$0.18||3.34||$0.62|
|Stone Harbor Emerging Markets Total Income Fund of Beneficial In||EDI||11.913||$15.18||$1.81||$0.15||1.37||$0.21|
|AllianzGI Convertible & Income Fund II of Beneficial Interest||NCZ||11.897||$5.71||$0.68||$0.06||0.51||$0.03|
|PIMCO Income Strategy Fund Shares of Beneficial Interest||PFL||9.972||$10.76||$1.07||$0.09||0.97||$0.09|
|Prospect Capital Corporation||PSEC||10.964||$9.09||$1.00||$0.08||0.82||$0.07|
|PIMCO Income Strategy Fund II||PFN||9.836||$9.66||$0.95||$0.08||0.87||$0.07|
|Miller/Howard High Income Equity Fund of Beneficial Interest||HIE||10.791||$12.93||$1.40||$0.12||1.16||$0.14|
|Cornerstone Strategic Value Fund Inc.||CLM||17.401||$15.99||$2.78||$0.23||1.44||$0.33|
|Calamos Convertible and High Income Fund||CHY||10.939||$10.95||$1.20||$0.10||0.99||$0.10|
|Brookfield Global Listed Infrastructure Income Fund Closed End F||INF||7.559||$12.63||$0.95||$0.08||1.14||$0.09|
|Voya Global Equity Dividend and Premium Opportunity Fund||IGD||12.058||$7.12||$0.86||$0.07||0.64||$0.05|
|Guggenheim Strategic Opportunities Fund of Beneficial Interest||GOF||10.899||$19.82||$2.16||$0.18||1.79||$0.32|
|AGNC Investment Corp.||AGNC||11.227||$19.12||$2.15||$0.18||1.72||$0.31|
|Clough Global Dividend and Income Fund||GLV||9.96||$12.86||$1.28||$0.11||1.16||$0.12|
|Harvest Capital Credit Corporation||HCAP||9.298||$14.26||$1.33||$0.11||1.28||$0.14|
|Orchid Island Capital Inc.||ORC||17.592||$9.44||$1.66||$0.14||0.85||$0.12|
Dividend Yield per Month
As soon as you invest 300 dollars your account will start to show dividend deposited into your account each month. Exact amount deposited will be different because your dollars invested will different based on the day your purchase. Total amount you will receive will be approximate $5.16 for 300 invested. It is about 1.7% per month that is huge return in current market situation. Above calculation is illustration purpose only hence your real monthly dividend
Monthly Dividend Stocks Chart
In conclusive decision you should check how much regularly Monthly dividend stocks generated cash for you. Following charts are showing dividends paid monthly in the red circles. You could easily see that stocks selected in above basket have been paying regular dividends each month hence you can trust that they will continue to pay in
Past performance does not guarantee future returns. Most probably things will work out good and we are not looking forward for 2008 kind of situation. Most importantly at the time blog March 2017 all these stocks are in strong uptrend. While the market is on its upswings everything will be looking good. As the time turns around we will know.
Regular small investments every two to four weeks are our best options. MOTIF investment will allow you to invest
Please watch following video to get more fundamental understanding