In this day and age, the vast majority of dividend-paying companies follow a quarterly distribution schedule, meaning shareholders have to wait three months between dividend checks. And that’s why more and more investors have started shopping for monthly dividend stocks. Since most of our bills have to be paid every month, a monthly dividend stream would make the budgeting process much easier for income investors.
With that in mind, let’s check out Horizon Technology Finance Corp (NASDAQ:HRZN). Headquartered in Farmington, Connecticut, Horizon is a specialty finance company that provides financing solutions to venture capital-backed businesses in the technology, life science, healthcare information and services, and cleantech industries. The company follows a monthly distribution schedule. With a dividend rate of $0.10 per share, HRZN stock has an annual yield of 10.2%. That makes it one of the highest-yielding monthly dividend stocks on the market.
Source: Income Investors
Related Articles:
- 5 Dividend Stocks With A 20% Yield In 20 Years
- 4 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
- 5 Dividend Stocks To Beat The Wall Street Giants
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
If you are retired, you have likely shifted from building your nest egg to living off your assets. That means you probably gravitate toward ...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
REITs are reporting higher revenue and earnings so far for the quarter. But one of the specific metrics for profitability comes from the rat...
0 comments
Post a Comment
Post a Comment