Published on 15 Jan 2024 on Insider Monkey · via Yahoo Finance
In this article, we discuss 12 high growth monthly dividend stocks to buy. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 High Growth Monthly Dividend Stocks to Buy.
In 2010, American companies collectively paid out a relatively modest sum of $197 billion in dividends. Fast forward to 2023, this figure has soared significantly, reaching an impressive $588 billion. The threefold surge in dividend payments over the years could be attributed to various factors. Companies might be enjoying healthier profits due to improved business strategies, expanded markets, or enhanced operational efficiency. Additionally, investors' inclination towards dividend stocks might have increased due to high interest rates in the market, driving them towards seeking stable income-generating assets like dividend-paying stocks.