What stocks pay best monthly dividends?
If you were to invest in a company offering a 4% annual dividend yield, you would need to invest about $900,000 to generate a monthly income of $3000. While this might seem like a hefty sum, remember that this investment isn't just generating income—it's also likely to appreciate over time.
- Main Street Capital (MAIN).
- Prospect Capital (PSEC).
- Paramount Resources (POU.TO).
- Gladstone Investments (GAIN).
- LTC Properties (LTC).
If you were to invest in a company offering a 4% annual dividend yield, you would need to invest about $900,000 to generate a monthly income of $3000. While this might seem like a hefty sum, remember that this investment isn't just generating income—it's also likely to appreciate over time.
| Company | Dividend Yield |
|---|---|
| Altria Group Inc. (MO) | 8.94% |
| Washington Trust Bancorp, Inc. (WASH) | 8.54% |
| Alexander's Inc. (ALX) | 8.33% |
| Sinclair Inc (SBGI) | 8.32% |
To have a perfect portfolio to generate $1000/month in dividends, one should have at least 30 stocks in at least 10 different sectors. No stock should not be more than 3.33% of your portfolio. If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1000/month.
| S.No. | Name | 1mth return % |
|---|---|---|
| 1. | Diamond Power | 45.37 |
| 2. | Fischer Chemic | 45.29 |
| 3. | Rico Auto Inds | 44.41 |
| 4. | Last Mile Enter. | 41.55 |
Dividend-paying Stocks
Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.
To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%. For example, Johnson & Johnson stock currently yields 2.7% annually. $1 million invested would generate about $27,000 per year or $2,250 per month.
| Stock | Forward dividend yield |
|---|---|
| Exxon Mobil Corp. (XOM) | 3.5% |
| Johnson & Johnson (JNJ) | 3% |
| Procter & Gamble Co. (PG) | 2.3% |
| Home Depot Inc. (HD) | 2.4% |
| Stock | Dividend yield |
|---|---|
| Hormel Foods Corp. (HRL) | 3.4% |
| Verizon Communications Inc. (VZ) | 6.7% |
| Mid-America Apartment Communities Inc. (MAA) | 4.5% |
| Grupo Aeroportuario del Pacifico SAB de CV (PAC) | 5.7% |
Which US stock gives highest dividend?
Altria Group Inc.
Altria is a popular dividend stock that has been atop the list of the highest-paying S&P 500 dividend stocks for a while. That's because of its consistent and reliable yield and a great track record of increases in its payouts.
But the truth is you can get a 9.5% yield today--and even more. But even at 9.5%, we're talking about a middle-class income of $4,000 per month on an investment of just a touch over $500K. Below, I'll reveal how to start building a portfolio that could get you an even bigger income stream than this today.
Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates. The payer of the dividend is required to correctly identify each type and amount of dividend for you when reporting them on your Form 1099-DIV for tax purposes.
While no daily dividend stocks exist, investors that want a very regular income stream may want to opt for monthly dividend stocks. Those still allow retirees to match their monthly cash flow with their monthly bills, which makes budgeting easier. And they also have some compounding benefits, as shown above.
| S.No. | Name | 1mth return % |
|---|---|---|
| 1. | CG Power & Indu. | 26.22 |
| 2. | Solar Industries | 36.47 |
| 3. | Sona BLW Precis. | 12.81 |
| 4. | Hitachi Energy | 23.36 |
| Stock | Market Capitalization | 12-month Trailing Dividend Yield |
|---|---|---|
| Gladstone Investment Corp. (GAIN) | $500 million | 6.9% |
| Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
| LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
| Realty Income Corp. (O) | $44 billion | 6.4% |
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
| Ticker | Name | Dividend Safety |
|---|---|---|
| VZ | Verizon | Safe |
| T | AT&T | Borderline Safe |
| KMI | Kinder Morgan | Safe |
| WHR | Whirlpool | Borderline Safe |
| Symbol | Name | Dividend Yield |
|---|---|---|
| KMET | KraneShares Electrification Metals Strategy ETF | 56.34% |
| TSLY | YieldMax TSLA Option Income Strategy ETF | 53.96% |
| TILL | Teucrium Agricultural Strategy No K-1 ETF | 52.95% |
| NVDQ | T-Rex 2X Inverse NVIDIA Daily Target ETF | 48.10% |
| Company | CMP (Rs) | Dividend Yield (%) |
|---|---|---|
| TAPARIA TOOL | 3.7 | 837.9% |
| ELCID INVESTMENTS | 3.4 | 741.8% |
| OCL INDIA | 1.9 | 270.3% |
| SOUTHERN GAS | 22.7 | 220.5% |
How long do you have to hold a stock before getting dividends?
The company announces when the dividend will be paid, the amount and the ex-dividend date. Investors must have bought the stock at least two days before the official date of a dividend payment (the "date of record") in order to receive that payment. The company pays out the dividend to shareholders.
But you'll inevitably need money to make a decent amount from dividends. If you can afford to invest $70,000, then you could earn more than $5,000 in dividends over the course of a year by buying three stocks: LTC Properties (LTC -0.03%), AT&T (T -0.48%), and Enbridge (ENB 0.07%).
If, for example, your portfolio gets to a value of $1.5 million, you could invest in a fund or multiple investments that yield an average of 3.3%. At that rate, you could generate $50,000 in annual dividends. With a lower portfolio balance of $1 million, you would need to target an average yield of 5%.
You'd need to invest around $13,000 per month to save a million dollars in five years, assuming a 7% annual rate of return and 3% inflation rate. For a rate of return of 5%, you'd need to save around $14,700 per month.
If you want to make $4,000 per month from a passive investment, you could do it by investing $100,000 once and getting a steady 4% monthly return.
