Published on 20 Mar 2023 on Insider Monkey via Yahoo Finance
13 Best Monthly Dividend Stocks to Buy According to Analysts
In this article, we discuss 13 best monthly dividend stocks to buy according to analysts. You can skip our detailed analysis of dividend stocks and their performance, and go directly to read 5 Best Monthly Dividend Stocks to Buy According to Analysts.
In 2022, dividends remained a bright spot for investors, despite a stock market plunge. Global dividends grew to a record level last year due to investors’ inclination toward income-generating stocks. According to a report by Barron’s, global dividends increased by 8.4% to $1.56 trillion in 2022, massively driven by energy companies and larger banks. The report further mentioned that overall 12 countries achieved dividend records in dollars.
Last year’s returns also comply with the fact that dividend stocks remained on strong footing relative to the broad market. The S&P 500 ended 2022 down more than 18%, compared with a 6.21% decline in the S&P 500 Dividend Aristocrats Index. Moreover, Russell 2000 Dividend Growth Index plunged by 5.44% as compared with a negative 20.44% return of the Russell 2000 Index.