UTG - I Love Monthly Income: 3 Buys Up To 12% Yields
2024-07-29 07:35:00 ET
Summary
- Whether during your career or in retirement, greater payment frequency brings flexibility in budgeting.
- Monthly dividends allow for quick reinvestment and efficient compounding.
- Three monthly paying securities were discussed with yields up to 12%.
Co-authored with Hidden Opportunities
If you are currently in the workforce, how often do you get paid? This decision is typically up to your employer (and perhaps due to particular payday requirements in your state). The choice of payday schedule is typically based on the company's budget, resources, and administrative convenience. In general, there are four options for payroll frequency that employers can choose from. They can pay their employees on a weekly, biweekly, bimonthly, or monthly basis. How does it matter, one may ask? After all, the same pizza is getting sliced differently, right?...
I Love Monthly Income: 3 Buys Up To 12% Yields