BRMK - 3 Stocks that Pay You Each Month
It's a huge change when you switch from saving for retirement to living off your retirement nest egg. The transition can be much easier with stocks that pay dividends monthly instead of quarterly, since that frequency is almost like collecting a paycheck.
If that sounds good, then you'll want to look at real estate investment trusts (REITs) Realty Income (NYSE: O) , Broadmark Realty Capital (NYSE: BRMK) , and LTC Properties (NYSE: LTC) . Here's a quick primer on each and the bright futures ahead of them.
You know a company is dedicated to dividends when it trademarks the nickname "The Monthly Dividend Company." That's Realty Income. The core of this REIT 's portfolio of nearly 6,600 properties is single-tenant net-lease retail, which makes up around 85% of its rental income. The rest is largely industrial and office. The tenants of net-lease properties are responsible for most of the operating costs of the properties they occupy, which means Realty Income basically just has to collect its rent checks. Net lease is generally considered a low-risk investment approach in the REIT sector.
For further details see:
3 Stocks that Pay You Each Month