7 Best Monthly Dividend Stocks to Buy

For those of you interested in investing for income, here are the latest and greatest dividend picks from U.S. News Invested.  

JULY 20, 2022 Invested Advice, rankings and stock market news for investors.

Good morning, investors. Stocks put together a robust rally, and the company behind Calvin Klein and Tommy Hilfiger appoints a new supply chain officer. Highlights of today's newsletter include our market insights plus these new articles: 7 Best Monthly Dividend Stocks to Buy 10 Best Industrial Stocks to Buy in 2022 9 of the Best Cheap Stocks to Buy Under $10 7 Infrastructure Stocks to Buy Now TODAY'S FEATURED STOCK STORY 7 Best Monthly Dividend Stocks to Buy Many investors are looking for more stability and reliability in their portfolios. One go-to method for those who want a bit more dependability is to rely on income-oriented investments – and there is perhaps no more dependable investment than a stock that pays you every single month instead of just once per quarter. The following monthly dividend stocks all offer yields of at least twice that of the S&P 500 at present, and as high as 12.6% based on current distributions. Dividend yields are calculated based on their trailing-12-month (TTM) payouts: AGNC Investment Corp. (ticker: AGNC). Structured as a real estate investment trust, or REIT, AGNC invests in residential mortgages backstopped by government agencies such as Fannie Mae and Freddie Mac. As the financial crisis of 2008 showed, however, even government-backed mortgages can be risky when a deep recession happens. However, if you're not afraid of this model and are captivated by the mammoth dividend yield, it's worth noting AGNC is still soundly profitable and can sustainably pay its dividend based on projections for both fiscal 2022 and 2023. That may change – but if it doesn't, you cash in big time on this monthly dividend stock. Dividend yield (TTM): 12.4% EPR Properties (EPR). EPR is another REIT, but this stock is focused on commercial real estate instead of residential properties. Its properties are all entertainment-oriented locations such as resorts, theaters and other "lifestyle" properties that are increasingly in demand as we move past COVID-19 travel restrictions. EPR recently increased its payouts 10% from 25 cents monthly to 27.5 cents monthly in March, hinting that management is optimistic about its future prospects. It's also worth noting that EPR stock is actually up about 6% this year while the rest of Wall Street has been struggling. Dividend yield (TTM): 6.2% Click here to continue reading. 7 best monthly dividend stocks to buy now: AGNC Investment Corp. (AGNC) EPR Properties (EPR) Gladstone Capital Corp. (GLAD) LTC Properties Inc. (LTC) Realty Income Corp. (O) Sabine Royalty Trust (SBR) Stellus Capital Investment Corp. (SCM)