2023-09-02 08:22:00 ET
Most recurring expenses, like rent and utility bills, come monthly. And most people need income flowing in each month to help cover these regular costs.
While dividend-paying stocks can supply passive income, the majority of companies that pay dividends do so quarterly. However, some pay monthly dividends. LTC Properties (NYSE: LTC) , AGNC Investment (NASDAQ: AGNC) , and EPR Properties (NYSE: EPR) stand out to a few Fool.com contributors for their attractive payouts. They pay monthly dividends with well above average yields . That makes them great for those seeing regular passive income.
Marc Rapport (LTC Properties): LTC Properties is a real estate investment trust ( REIT ) that has produced a reliable record of dividend income in a growing business based on a reliably aging population.
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Looking for Monthly Income? Check Out These 3 High-Paying Dividend Stocks.