Monthly dividend stocks operate on the frequency of everyday life. For instance, your rent or mortgage statements are almost always charged on a monthly basis. So are your utility bills, telecommunication services, content streaming platforms and other recurring expenses. By having cash come in every 30 days or so, your bookkeeping can be smoothed out.
Finally, many of the companies providing frequent payouts feature relevant businesses. Therefore, take advantage of these monthly dividend stocks to buy in August - Ticker Company Current Price: STAG Stag Industrial $32.46, LTC LTC Properties $42.60, MAIN Main Street Capital $44.85, ADC Agree Realty Corp $78.49, GWRS Global Water Resources $13.26, LAND Gladstone Land $26.28 and PVL Permianville Royalty Trust $3.39.
Source: Oil and Gas 360
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