Published on 5 Mar 2023 on Insider Monkey via Yahoo Finance
In this article, we will discuss the 11 high-growth monthly dividend stocks to buy. If you want to see more companies in this selection, go to the 5 High Growth Monthly Dividend Stocks to Buy.
High-growth monthly dividend stocks can be an attractive option for investors seeking both passive income and capital appreciation opportunities. These equities are often found in sectors like real estate, utilities, and healthcare that have solid fundamentals and consistent cash flows. Stocks that pay monthly dividends are popular amongst retirees and investors who depend on their dividend income to meet their expenses. Monthly dividends can be reinvested to buy additional shares of the stock, allowing investors to benefit from the power of compounding. Over time, reinvested dividends can increase the overall value of the investment.