FNNCF - 79 Monthly Paid Dividend Stocks & 80 MoPay Funds In May
2024-05-28 12:18:27 ET
Summary
- Imagine stocks & funds that pay you dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is allayed by 300%, or more!
- These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (79); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.6% (80).
- Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 5/23/24.
- 79 U.S. MoPay equities priced over $5.00 per share and yielding 3% to 20.6% are listed here. Canadian MoPay equities are omitted, but many Canadian firms are U.S. listed OTC. 80 funds (CEICs/ETFs/ETNs) are combined US/Canadian, and all 80 funds show yields over 10.6%.
- Analyst 1-year-targets revealed that investing $5k in the lowest priced five of ten top-yield MoPay US exchange equities could produce 14.79% LESS gain than $5k invested in all ten. Big (higher priced) MoPay dogs held the lead by near one and one-half lengths in May.
Foreword
All but four equities and all of the funds listed in this May monthly pay batch live up to the ideal of paying annual dividends from a $1K investment, exceeding their single share price. Here, in the MoPay collection, lie affordable (yet volatile and risky) bargains. The dogcatcher rule of thumb is: one metric ($1k invested dividend income>1 share price) fits all!
Now, over four years past the 2020 Ides of March market dip, and before other pullbacks yet to come, the time to buy top yield MoPay dogs may be now.