Top Monthly Dividend Stock You Likely Haven’t Considered. Everyone knows that infrastructures are the foundation of modern society. But did you know that they can also play a significant role in boosting the return of an income portfolio? Today, we are going to take a look at an infrastructure investment that provides a rock-solid yield of 7.64%...
I’m talking about Brookfield Global Listed Infrastructure Income Fund (NYSE: INF), a closed-end fund that started in 2011. Since its inception, the fund’s main objective is to provide high total returns with an emphasis on income. And as the fund’s name suggests, the way to achieve this objective is through investing primarily in publicly traded infrastructure companies. In today’s market, INF stock stands out as an income investment. The fund pays monthly distributions of $0.0817 per share, which at the current price, translates to an annual yield of 7.64%.
Source: Income Investors
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