2 Financial Stocks to Buy That Pay a Dividend Every Month
Income investors can get paid 12 times a year.
Overview
Most dividend stocks pay investors every three months. Main Street Capital (NYSE: MAIN) and Gladstone Investment (NASDAQ: GAIN) do it every month.
Both are business development companies, or BDCs, which provide capital to businesses that often have limited access to traditional financing. And because BDCs generally distribute most of their taxable income to shareholders, they can offer dividend yields considerably higher than the broader market.
Details
Here's a closer look at both of them.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.