Dividends4Life: High Dividend Stock Yields 11%, Pays Monthly

High Dividend Stock Yields 11%, Pays Monthly

Posted by D4L | Saturday, September 10, 2016 | | 0 comments »

We went back on the monthly high dividend payers trail, where our recent articles have portrayed quite a few stocks which could smooth out your cash flow. This stock yields 11%, with a conservative 58.30% Payout Ratio. It has paid monthly dividends consistently since 2004.

We first uncovered DirectCash Payments, Inc., (OTC:DCTFF), about 3 months ago. DCTFF is one of the largest branded ATM providers in Canada and Australia, and the third largest branded ATM provider in the United Kingdom. This article will update the information about the company that we covered in that 1st article. (All $ amounts are in Canadian currency, except where otherwise noted).

Source: Seeking Alpha

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