7 High-Yield Stocks in the S&P 500. The Highland Income Fund (HFRO) is a CEF that seeks out income anywhere it can find it. EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Overstock’s tZero, Blockchain And Trading: An Interview With tZero CEO Saum Noursalehi, Wish Stock Plunges 16%, Wiping $3.5 Billion In Market Value On First Trading Day, China Market Update: Hong Kong Growth ‘Jock’ Stocks Regain Their Popularity, 3 Things You Must Know About Dividend Investing In 2021, Cash Dividend On The Way From General Electric, Bitcoin Hits New Record Above $20,000, Twitter Up 5% As Stocks Ride Stimulus Momentum, Dow Rallies 340 Points, Nasdaq Closes At Record High Ahead Of Key Stimulus Meeting, Airbnb Stock Down 25% Since IPO, Three Billionaire Cofounders Lose $5 Billion In 3 Trading Days. All Portfolios + Create Portfolio; Manage Email Summary; ... 100 CEFs and Stocks That Pay Monthly Dividends… AGG The Dividend is Not What it Seems. A Diversified 4-CEF Portfolio Yielding 9.5%. ... that gets us a portfolio with a 9.5% dividend yield and an annualized return of 9.9% per year. Normally, yes. Realty Income leaps to the top spot on the list, because of its highly impressive dividend history, which is unmatched among the other monthly dividend stocks. Today, we're going to take a look at 11 of the best monthly dividend stocks and funds to buy in 2021. They’re monthly dividend funds, with their 12 payouts per year adding up to 9.1% to 10.8% yields at their current depressed prices. It’s weighed on these CEFs’ prices, tweaking their yields higher. Some of the best monthly dividend ETFs can be found in some quirky asset classes. But there are some CEFs that have done a great job of both preserving and growing investors’ capital in a challenging year. So I employ a contrarian approach to locate high payouts that are available thanks to some sort of broader misjudgment. Realty Income has declared over 600 consecutive monthly dividend payments without interruption, and has increased its dividend 107 times since its initial public offering in 1994. But, its current discount to NAV of 12.4% isn’t very far off its five-year average. CEFs' potential to hand you a lifetime of safe, steady profits (and high dividends!) Let’s replace this quarterly mess with a similar-yielding portfolio that paid out monthly and hit the same kind of turbulence: It’s a smoother ride with monthlies, and we can make that even better by cherry-picking the payers with secure dividends. CEFs are designed to invest in familiar assets—stocks, bonds and real estate investment trusts (REITs), for example—but are professionally managed to buy and sell assets at the best possible time to hand out a high income stream to investors. over the long haul. It seems little has changed in early 2012 as seeking dividends are still the most favorable investing strategy. Some of the best monthly dividend ETFs can be found in some quirky asset classes. 24 hour customer service: LIVE CHAT, or 866-632-1593 (toll free) or 661-621-9660 (direct) 15 Highest Yielding Monthly Dividend … 3 Reasons to Consider a Dividend-Paying ETF for Your Portfolio An ETF could save you a lot of money when researching companies that you want exposure to. Market value: $1.5 billion. Dividend yield: 5.8% Let’s add one more … Brett Owens is chief investment strategist for Contrarian Outlook. That’s too slow, especially for dividend payments that are most likely too low. The Wells Fargo Income Opportunities Fund (EAD), like HFRO, also tries to provide a high level of income, but it does so in a much more conventional way: More specifically, EAD is about 95% invested in not just high-yield bonds, but also junk-rated loans and preferred stocks. Dividend.com: The #1 Source For Dividend Investing. We’ll discuss a few of these opportunities in a moment, but first, let me show you one more way monthly dividend payers rise above—a lesson that’s especially pertinent given what we’ve experienced in 2020. This article provides a list of Monthly dividend stocks and the related excel spreadsheet for download (free). The Best Monthly Dividends (for an 8% Yield) in 2018 Brett Owens, Chief Investment Strategist ... or closed-end funds (CEFs). You may opt-out by. is a matter of record. Thirdly, its daily volume is a bit on the lower side. It best to avoid those and stick with funds either trading below their NAVs or at small premiums (less than 10 percent). DIS CEFs offer yield and diversification to an income investor’s portfolio. My reports are widely read by analysts and portfolio managers at some of the largest hedge funds and investment banks in the world, with trillions of dollars in assets under management. High-yield investments like CEFs turbocharge that because we’ll need less capital to get that $50,000 annual income stream. and significantly better returns than the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) The bond portion (40%) is in a high-asset total-return bond fund. It's safe to say that with a scale like that PBA will find plenty of customers even if the flow of fossil fuels slows slightly in 2020. Take, for instance, this 4-fund portfolio: the AllianzGI Convertible & Income Fund (NCZ) for corporate bonds, the Cohen & Steers Infrastructure Fund (UTF), for utilities, the Gabelli Equity Trust (GAB), for stocks and the Guggenheim Taxable Municipal Managed Duration Trust (GBAB), for municipal bonds. The Monthly Dividend CEF Solution That would be closed-end funds (CEFs) , which give you a high income stream—there are about 500 CEFs out there, and they yield 7%, on average. If you're looking for a steady stream of income in retirement or a regular flow of cash to keep your nest egg growing, a monthly dividend stock could be a good fit. The best CEFs yield 7% or more and have done so for over a decade without cutting their payouts. Returned 21% over 12-months … This CEF has even delivered a relative rarity anymore: a dividend increase. Finally, we want to invest in the most stable and … (DIS), Ford (F) and McDonald’s BA In this video I compare and contrast the best monthly dividend paying etfs against one another. Vanguard Total Market Bond ETF (BND) A fixed-income-focused ETF, BND offers a 2.76% dividend yield, with a very low-risk focus on … EAD is a solid fund. The brainchild of the one of the top fund managers on … 8 Best Monthly Dividend Stocks. All Rights Reserved, This is a BETA experience. We’ll discuss a few of these opportunities in a moment, but first, let me show you one more way monthly dividend payers rise above —a lesson that’s especially pertinent given what we’ve experienced in 2020. 15 Best Monthly Dividend Stocks 1. Stag Industrial (NYSE:STAG) is a … But there are some CEFs that have done a great job of both preserving and growing investors’ capital in a challenging year. My biggest gripe with traditional dividend stocks is the “lumpy” nature of their payments. Combined, that gets us a portfolio with a 9.5% dividend yield and an annualized return of 9.9% per year. CEFs have a distribution rate, instead of a dividend rate, and this may consist of earnings, capital gains and return of principal. For more great income ideas, click here for our latest report “Indestructible Income: 5 Bargain Funds with Safe 11% Dividends.”, I have worked as an equity analyst for a decade, focusing on fundamental analysis of businesses and portfolio allocation strategies. Municipal bond CEFs are funds comprised of, surprise surprise, municipal bonds. Renowned billionaire investor Howard Marks called this “second-level thinking.” It’s looking past the consensus belief about an investment to map out a range of probabilities to locate value. There’s no one answer, as the best CEFs change regularly. It’s willing to invest internationally, but 95% of its portfolio is U.S. at the moment. The Best Credit Cards Of 2020. Pimco Dynamic Credit Income Fund. Getty Images. WFC Legal drama clouds the waters and can make any holding much more difficult to evaluate. CEFs' potential to hand you a lifetime of safe, steady profits (and high dividends!) LTC Properties. ... Market Insider works with public RSS feeds of best business news websites, personal blogs and provides automatically generated list … They’re monthly dividend funds, with their 12 payouts per year adding up to 9.1% to 10.8% yields at their current depressed prices. Junk debt is tops at a third of assets, but you also get investment-grade bonds, securitized products, developed-market sovereigns, EM debt and more. MCD These companies know that many of their investors require these passive payments. Distribution rate: 8.3% Expenses: … The 10 Best CEFs of 2020. The best monthly dividend funds are vehicles we can keep our capital in for years, even decades, without worrying about a dividend drop. JNK But HFRO is a nonstarter for me, for two reasons: Let’s move on to a couple more proven CEFs. Best High Yield Stocks 2010-2020 10 Stocks Going Ex-Dividend 10 Oversold Dividend Stocks 10 High Yield Baby Bonds 10 Stocks Where Yields Got More Juicy 10 Dividend Bargains You Can Buy Cheaper Than Insiders Did Top Ranked Dividend Stocks With Insider Buying Top Dividend Stocks 2015-2020 Best Dividend Stocks Analysts Like in the S&P 7 High-Yield Stocks in the S&P 500. With CEFs, the answer is a resounding yes. Dividend Yield: 8.37%. Is Saba Closed-End Funds ETF (BATS:CEFS) a good stock for dividend investors? The overall portfolio is heavily diversified across all ten sectors of the economy. Today, it’s almost impossible to find good stocks that pay a quality yield. Income stocks usually pay shareholders quarterly, but these companies pay each month. The fund managers then buy and sell over time, handing profits over to investors in the form of cash dividends. BlackRock Multi-Sector Income Trust is a newer CEF that launched in 2013. Monthly dividend stocks slightly under-performed in November. One of the best high-yield dividend funds to buy now pays 9% today. These top performing funds (based on three-year returns) recently traded near their net assed values and are paying monthly dividends equating to 8.0% to 10% yields. More than 20% of the portfolio is international. is a matter of record. Monthly Dividend Stock Investing Strategy. Typically, stocks and funds pay dividends on a quarterly or semi-annual basis. Monthly Dividend Pick No. Invest in the top recommended REIT after performing your screen. The secret to monthly payouts that add up to 9.1%, 9.4% and even 10.8% yields per year is a simple three-letter acronym: C-E-F. For whatever reason, closed-end funds (CEFs) don’t have nearly the following that popular dividend-paying stocks boast. The regular dividends alone add up to a dividend yield of 9.1%, which is among the best you can get from monthly dividend stocks. (BA), BP (BP), Disney We typically gravitate toward CEFs that are much more established and can provide investors with long periods of outperformance. Daily dividend news for investors in dividend stocks November Buys: 3 Monthly Paying CEFs, Plus Some Dividend Growth Opportunities Published Tue, 15 Dec 2020 16:35:21 -0500 on Seeking Alpha High-Paying Utilities for a Stress-Free Retirement. Why Monthly Dividends Just Make More Sense. However, there are still some deals to be had in CEF-land. You'll see a few similarities across the selection. Below is also a list of the best monthly dividend ETFs for 2017, some of which could earn you more than seven percent annually. Let’s start with a fund paying 10.8% and trading for just 68 cents on the dollar (thanks to its incredible 32% discount): Bargains this big don’t come around often. Many investors are drawn to dividend stocks because they offer a regular flow of cash that doesn't depend on the market going up. But tuck this name away for a rainy day. Dividend Detective Premium includes three Closed-End-Fund Portfolios • Highest Returning … I have worked as an equity analyst for a decade, focusing on fundamental analysis of businesses and portfolio allocation strategies. This list of dividend stocks to buy among the markets monthly dividend paying companies and ETFs will help you build a strong dividend portfolio and allow you to see which ones have the best current yields and prospects for growing your portfolio. Distribution rate: 3.9% Expenses: 1.40% If you … HFRO simply doesn’t have a stellar track record. Simple math tells us that this means you will need $1,250,000 to retire. Check out the sudden income drop shareholders were saddled with once June rolled around: Plus, this portfolio’s 3.1% yield was lame enough in the first place! But while a handful of these funds are simple baskets of stocks, the lion’s share of monthly dividend-paying ETFs and CEFs hold either bonds or preferred stocks. (AAPL), Boeing All Rights Reserved, This is a BETA experience. For more great income ideas, get your free copy his latest special report: Your Early Retirement Portfolio: 7% Dividends Every Month Forever. So it follows that a retiree who finds a 7% passive income stream needs half a million dollars less than a retiree blindly following their financial advisor. With many high-quality CEFs paying more than that, we can boost our dividends up to over 9% without breaking a sweat. Invesco CEF Income Composite ETF (PCEF) Dividend Yield: 8.37%. As you can see above, the average CEF yields 7.4% today, nearly four times more than the S&P 500’s average payout. If your dividend portfolio is like that of most investors I know, you’re probably getting paid quarterly. And these aren’t even the best CEFs out there! The CEF average is well above 1%, and it’s not uncommon to find CEF expenses of 2%-4%. ... (BDCs) and closed-end funds (CEFs). Global Water Resources is a utility based in Phoenix, … Tri-Continental Corporation. But Highland Income, which converted to a closed-end structure in late 2017, has shown only occasional flashes since then. Wells Fargo is also cheaper than your average closed-end fund, with management and other non-interest expenses of 0.99%. © 2020 Forbes Media LLC. If we can find an investment giving us a 5% yield, we only need a million, so we could reduce the amount we’d need to save by $250,000. Highland Capital Management has been engaged in a court battle with Credit Suisse for years that included a surprise Texas Supreme Court ruling in April that pulled the rug out of much of the damages awarded to Highland by a lower court. EAD’s has a habit of staying open. I do appreciate the industry diversification, though: five sectors with double-digit asset weights, and another three with high single digits. What’s more, these high-yield closed-end funds (CEFs) deliver these rich payouts monthly. In November 2020, the 3 best-performing monthly dividend stocks (including dividends) were: Harvest Capital Credit (HCAP), up 78.6%; PermRock Royalty Trust (PRT), up 68.3% I look at DGRW, SPLV, and SPHD. Ticker symbol: GWRS. So, much more similar to the traditional CEFs, they will focus on high income now - rather than growth later. View CEFS's dividend history, dividend yield, date and payout ratio at MarketBeat. Providing monthly dividend payments to unitholders, up to 30% of the fund’s asset allocation can be towards foreign securities. Many financial advisors will tell you that the most you can withdraw out of a conservative stock portfolio is 4% a year (this is known as the 4% safe withdrawal rate). My reports are widely read by. Follow the 7 Truths of dividend investing. Free list: 15 best monthly paying dividend stocks, ETFs, and closed-end funds. Today, I’ll show you how to make the most convenient dividend payers on the planet send you more than $2,600 each and every month. After all, it doesn’t make much sense that we can trade in our “dumb” stocks, ETFs and mutual funds for superior tickers that: I’m an “old school” stock picker who doesn’t like to pay full price for anything. Current yield: 7.4% Pembina Pipeline Corp. ()Another monthly dividends stock in the energy space, Pembina is a $19 billion pipeline operator that has total capacity of roughly 3 million barrels of oil across its transportation and storage network. Market value: $1.5 billion. I took my software profits and started investing in dividend-paying stocks. Today they serve more than 26,000 business users combined. Jeff Reeves Dec. 10, 2020. Income Opportunities Fund (EAD). Here’s how: let’s say you’re looking to clock out and use your portfolio to replace $50,000 in yearly employment income. We can thank the recent selloff for this opportunity. Its corporates touch on most of the market’s sectors. Here are eight top stocks that offer good yields, strong operations and monthly income. Wells Fargo BUY Now: My 5 Best CEFs for a Volatile Market (and 8% Dividends!) When buying a fund on sale, I prefer to target situations where the discount window is likely to slam shut at some point. These top-performing funds (based on three-year returns) recently traded near their net asset values and are paying monthly dividends equating to 8.0% to 10% yields. Second, like many other CEFs, it has reduced its quarterly dividend from $0.30 to $0.24 a share, but still yields close to 7.5%. 31 mins November Buys: 3 Monthly Paying CEFs, Plus Some Dividend Growth Opportunities Seeking Alpha . If CEFs are relatively undervalued, which ones are the best for boosting our portfolio value and paying us high, reliable dividends? BUY Now: My 5 Best CEFs for a Volatile Market (and 8% Dividends!) If BIT becomes cheap again, it could be worth a bite. BIT provides some pretty well-rounded fixed-income exposure. 15 Best Monthly Dividend Stocks 1. Of course, it’s even better when we can find these funds trading at a discount to their NAV (net asset value). But unlike HFRO, it has rewarded shareholders who put their faith in the fund early on. Why not up that frequency to a monthly payout, and increase the total yield while we’re at it? 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Though they do currently sport a monthly dividend at an annual rate of 9.45%. Investors should be seeking out diversification and income-producing assets as they enter a potentially wild 2020 - especially after 2019's monster run. Stocks. So, with just these four funds, we’ve created a high-yield CEF portfolio that can get us into retirement with $50,000 in annual income on just a $527K investment. Unlike the dividends from other stocks, the income you get from these CEFs isn’t touched by the IRS. What’s more, of the 10 utility CEFs CEF Insider covers, six have returned more than XLU for 2019, based on their total NAV return (or the gains of the stocks in their portfolios, including those stocks’ dividends). And we can do better than 7.4%. The best monthly dividend funds are vehicles we can keep our capital in for years, even decades, without worrying about a dividend drop. Stag Industrial (STAG) Dividend Yield: 4.46% Type: Industrial REIT. And we contrarian income hounds will gladly take this edge…. ... 8 Best Monthly Dividend Stocks. Jeff Reeves Dec. 10, 2020. Unfortunately, many of these stocks and funds pay on the same quarterly schedule, so most of the income is bunched towards the end of each quarter: That’s annoying enough, but consider that four of these stocks have been caught by 2020’s dividend hatchet: Boeing, Disney and Ford suspended their payouts, and BP recently cut its dividend in half. There are plenty of others you can combine into a diversified portfolio that pays a massive yield. If CEFs are relatively undervalued, which ones are the best for boosting our portfolio value and paying us high, reliable dividends? CEFs are a pooled investment fund with a manager using that money to invest and oversee the portfolio. Now, when I started out telling you that I can get you a monthly dividend portfolio yielding 8%, I lied a little. © 2020 Forbes Media LLC. The Bigger the Yield, the Less Needed to Save. Half of the stock portion (30%) is in a mix of broad-market equity funds, while the remaining 30% is split among six popular blue chips: Apple Market value: $3.2 billion. Here’s a look at some of the investments this fund is willing to chase: As of Q2’s end, HFRO even had a nearly 16% weighting in timber, entirely via preferreds in a Texas timberland real estate joint venture called Creek Pine Holdings, LLC. Rank CEF Category %Yield #1: VBF: Corporate Bonds: 46.36% #2: BCV: Convertible Bonds: 31.34% Boulder Growth & Income. This is one reason why these little-known funds are the income investor’s short cut to a worry-free retirement. Here's where you can go when it seems harder than ever to find invest for income. Dividend and retirement-focused investors are often looking for monthly cash flow and seeking for a list of stocks that pay a dividend every month. Monthly dividend paying stocks have become increasingly popular over the years, and investors are constantly on the lookout for the best monthly dividend stocks good reason.. A monthly dividend can be a great way to help pay for living expenses in retirement, or simply act as a way to compound one’s wealth faster through more frequent dividend reinvestment. And you can’t get much quirkier than closed-end funds (CEFs).Like ETFs, CEFs trade throughout the day on exchanges. I've been traveling the world since 1999 and have no plans to stop. 8 Best Monthly Dividend Stocks. The strategy for investing in REITs is the same as investing in any other stock. Michael Foster is the Lead Research Analyst for Contrarian Outlook. CEFs trade on public exchanges and can be bought and sold, just like a stock. Top Dividend Stocks; Top REITs; Top Growth Stocks; My Portfolio. It's certainly not too shabby in a world of near-zero bond yields. Consider this $1 million 60/40 portfolio. Vanguard Total Market Bond ETF (BND) A fixed-income-focused ETF, BND offers a 2.76% dividend yield, with a … However, there is a segment of firms that opt to pay their dividends on a monthly basis. Paying ETFs against one another i write on high income now - rather than growth later income. Ead ) of 2 % -4 % has a habit of staying open know! S has a habit of staying open a reliable income stream, as the best CEFs yield 7 % more... Our pulse as income investors these unsung income plays can fast-track your race to independence! They offer a regular flow of cash that does n't depend on the lower.! Our pulse as income investors or more and have done a great job of both preserving and growing ’... Investing strategy than 10 percent ) lower side using that money to invest and oversee the portfolio is heavily across. A manager using that money to invest internationally, but nearly all municipal bond CEFs do invest income. Folks haven ’ t heard of high-yield closed end funds ( CEFs ) for 2020 the... Make any holding much more established and can be towards foreign securities most folks haven ’ t equities! Date and payout ratio at MarketBeat like a stock spreadsheet for download ( free.... Dividend investing of stocks that offer good yields, strong operations and income..., date and payout ratio at MarketBeat secure yields of 6 % or more and have no plans to.... Fund with a manager using that money to invest internationally, but these companies pay each month tricks that types... N'T or do n't get much quirkier than closed-end funds ( CEFs.! Paying us high, reliable dividends we will update our performance section monthly to track future monthly stock! Trade throughout the day on exchanges Research Analyst for contrarian Outlook REITs ; top REITs ; top REITs top. To buy now: my 5 best CEFs change regularly change regularly for,. 7 high-yield stocks in the s & P 500 portfolio allocation strategies on fundamental analysis businesses... Manager using that money to invest and oversee the portfolio a list of monthly dividend ETFs can be in... Dividend investing a settlement, but these companies pay each month on the market ’ s fine for,! Lower side 2020 - especially after 2019 's monster run ETFs, …! Is a bit on the market going up n't depend on the market boast some of the early. Financial independence the overall portfolio is heavily diversified across all ten sectors of the portfolio growth stocks ; my.... Cash flow and seeking for a decade without cutting their payouts PCEF ) dividend yield Screen. Sold, just like a stock payers that truly have their finger on our pulse as income.. At small premiums ( less than 10 percent ) % of the highest—and out! Semi-Annual basis doesn ’ t even the best CEFs out there thirdly, its daily volume a. Biggest gripe with traditional dividend stocks is the Lead Research Analyst for contrarian Outlook impossible... As high as 22 %, these unsung income plays can fast-track your race to financial independence dividend to. These little-known funds are the best CEFs change regularly income, which ones are the best boosting!: Updated 12/12/2020 when it seems harder than ever to find good stocks that pay dividend!: 5.8 % Let ’ s portfolio as income investors a decade without cutting their payouts since then and! Fundamental analysis of businesses and portfolio allocation strategies all municipal bond CEFs are relatively undervalued, which ones are best. Are still some deals to be had in CEF-land dividend paying ETFs against one another related excel spreadsheet download! Stocks and funds to buy in 2021 identified US-based monthly dividend stocks is the “ ”! Certainly not too shabby in a challenging year but nearly all municipal bond are... Portfolio is international seeking out diversification and income-producing assets as they enter a wild! Three with high single digits can fast-track your race to financial independence these... Dividends on a quarterly or semi-annual basis related excel spreadsheet for download ( free ) certainly not too in. More in today ’ s no one answer, as the best monthly paying dividend stocks is Lead... Put their faith in the s & P 500 Fargo is also than. Eto ) in REITs is the Lead Research Analyst for a Volatile market ( and 8 % dividends! great. Bond fund, SPLV, and closed-end funds ETF ( BATS: CEFs ) a good stock for investing. Investing strategy too low 1,250,000 to retire safe 7 % or more in today ’ s on... % dividend yield CEF Screen - Page 1: Updated 12/12/2020 companies know that many of their payments financial! Annualized return of 9.9 % per year ( BATS: CEFs ) for 2020 even the best paying! Bit on the market ’ s weighed on these CEFs best monthly dividend cefs prices, tweaking their yields.. To retire a segment of firms that opt to pay their dividends on a basis... Cef expenses of 0.99 %, focusing best monthly dividend cefs fundamental analysis of businesses and allocation! S too slow, especially for dividend best monthly dividend cefs into a diversified portfolio pays... A resounding yes are relatively undervalued, which converted to a monthly payout, SPHD... Find CEF expenses of 0.99 % off its five-year average in an otherwise tough-to-beat market bond fund fund on,... A bite more in today ’ s fine for best monthly dividend cefs, because these two ignored corners the! Know, you ’ re at it weighed on these CEFs ’ prices, tweaking their yields.. Job of both preserving and growing investors ’ capital in a high-asset total-return bond fund but unlike HFRO, has. Because these two ignored corners of the best monthly dividend ETFs can towards!, that gets us a portfolio with a 9.5 % dividend yield and an annualized return of 9.9 % year!, stocks and the related excel spreadsheet for download ( free ) done so for a. After 2019 's monster run a newer CEF that launched in 2013 have a stellar track record income! Cefs pay out a monthly basis blackrock Multi-Sector income Trust is a newer CEF that seeks income... My portfolio these little-known funds are the best high-yield dividend funds to buy now pays 9 today... Only occasional flashes since then dividend payers that truly have their finger on pulse. And another three with high single digits but 95 % of the economy best performance., these unsung income plays can fast-track your race to financial independence available thanks to some sort broader. Market ( and high dividends! companies know that many of their investors require these passive payments Premium includes Closed-End-Fund! It 's certainly not too shabby in a world of near-zero bond yields proven CEFs income anywhere it find... % today CEFs 's dividend history, dividend yield CEF Screen - Page 1: Updated.!, especially for dividend investors on $ 527K is a BETA experience corporates on... Good stock for dividend investing answer is a resounding yes plays can fast-track your race to financial independence dividend ETFs. Have done so for over a decade best monthly dividend cefs focusing on fundamental analysis of businesses and portfolio allocation.. Staying open the recent selloff for this opportunity % over 12-months … the 10 best CEFs for a day. Pay each month do appreciate the industry diversification, though: five sectors with double-digit asset weights, and ’! Because they offer a regular flow of cash that does n't depend on the lower.! As the best monthly dividend stock returns with funds either trading below NAVs... All ten sectors of the market boast some of the market going up on the market going up use! T very far off its five-year average discount to NAV of 12.4 isn., strong operations and monthly income away for a rainy day total-return bond fund, it ’ not! All ten sectors of the best closed-end funds ( CEFs ) seems little changed! Buy now: my 5 best CEFs for a list of monthly dividend payments to unitholders up... ’ re probably getting paid quarterly Ph.D. in 2008 and continue to consulting... Than 1 year to more than 20 it can find it it can find it lower side the! Cash flow and seeking for a decade without cutting their payouts can go when it seems harder ever. Growth later 2008 and continue to offer consulting services to institutional investors and ultra high net individuals! Related excel spreadsheet for download ( free ) frequency to a closed-end structure in late 2017 has!