Looking for monthly income? That's one of the many challenges in setting up a retirement income portfolio - many high dividend stocks tend to pay their dividends in February, May, August and November, and not so much in the other months. So, we went looking off the beaten track for monthly dividend-paying stocks, and we found another OTC-listed company which also trades on the Toronto exchange. This stock yields over 8%, and you've probably never heard of it. It has paid monthly dividends every month since its IPO in 2004. It has outperformed the market over the past month, quarter and year to date.
SIR Royalty Income Fund (OTC:SIRZF) is a publicly traded trust based in Ontario, Canada. The fund is listed on the Toronto Stock Exchange under the symbol SRV.UN (SRV.UN.TO on Yahoo), and in the US on the OTC market. It pays monthly distributions based upon: 1. A 6% royalty income stream from a pool of restaurants and 2. Interest from its loan to SIR Corp.
Source: Seeking Alpha
Related Articles:
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 6 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 7 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
All seven equities on this list have dividend yields above 13%, but the highest one yields nearly 27%! In addition, each equity has a positi...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
Dividend-payng semiconductor stocks to buy during a computer chip shortage for electric vehicles (EV), smartphones and other technology prod...
-
Dividend safety is especially important when stock prices are falling. Many companies cut their dividend payouts in 2020 during the coronavi...
-
Investors in retirement may desire additional income. Those who don’t have a pension are likely relying on Social Security, and their retire...
-
Sometimes, stocks are a bargain because the company's prospects are being overlooked, and sometimes, it's just the result of a broad...
-
Investing in dividend-paying stocks is a good way to generate fairly reliable income. However, that strategy doesn't necessarily mean yo...
-
The four dividend-paying retail technology stocks to buy towered over the rest at a BoA Global Research Consumer & Retail Technology C...
-
High yields are often found in sectors that are out of favor, which is why you can get some pretty impressive dividends from the energy sect...
-
If you're looking for income, turning to your investment portfolio is a natural choice. Lately, that's been a tough assignment, beca...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.