Published on 11 Aug 2023 on Insider Monkey via Yahoo Finance
14 Best Monthly Dividend Stocks to Buy According to Analysts
In this article, we discuss 14 best monthly dividend stocks to buy according to analysts. You can skip our detailed discussion on dividend stocks and their performance over the years, and go directly to read 5 Best Monthly Dividend Stocks to Buy According to Analysts.
While it's tempting to focus on the largest dividends or highest yields, cash flow shows how sustainable the dividends are. The Coca-Cola Company (NYSE:KO), The Procter & Gamble Company (NYSE:PG), and Exxon Mobil Corporation (NYSE:XOM) are some of the best dividend stocks with sustainable dividends and decades-long dividend growth streaks.
Despite the strong recovery of the stock market in 2023, several dividend stocks have faced challenges. This is because the market's recent surge has mainly favored companies related to artificial intelligence. Sectors like healthcare, energy, and financial services, which usually offer reliable and lasting dividend returns, have not performed as well in comparison. However, experts suggest that investors shouldn’t overreact to this temporary decline. Dan Lefkovitz, a strategist for Morningstar Indexes, spoke about dividend stocks and their potential comeback in his recent interview. Here are some remarks from the analyst: