After the global COVID-19 pandemic of 2020, the economy began to recover in 2021, which had a positive impact on dividend investing. Dividend payments totaled $471.7 billion in the second quarter of 2021. A total of $1.4 trillion in dividends was predicted for 2021. In the next few years, dividends on the lower end of the spectrum have the potential to increase in yield. The booming residential property market will benefit utilities, banks, real estate, and insurance. Exxon Mobil Corporation and AbbVie Inc. are two of the most well-known dividend-paying stocks.
Insider Monkey highlights the 10 high yield monthly dividend stocks. Corporate management buyouts, recapitalizations, and acquisitions are the primary focuses of Main Street Capital Corporation. Also, in December 2021, the company’s board of directors announced a special cash dividend of $0.10 per share for the third and fourth quarters of 2021 and 2020, respectively. Real estate investment trust LTC Properties, Inc. primarily invests in senior housing and healthcare facilities in California. Since the beginning of the third quarter of 2021, the company has made $46 million in new investments. Pipeline transport and storage infrastructure for oil, petroleum, and natural gas are provided by Pembina Pipeline Corporation in Western Canada. Revenue increased by 43.45% from the prior year’s third quarter to $1.72 billion, exceeding estimates by $218 million during that time period. Businesses in the lower middle market are the primary focus of Gladstone Capital Corporation’s business development efforts. It has made over 250 investments totaling $2.2 billion since 2001. Investors with a January 21 record date for dividend payments will receive them on January 31st, 2015. Shares of Sabine Royalty Trust have gained around 21% so far this year. It will be paid on January 31 to shareholders whose accounts were in good standing as of the closing date of the record day, which was January 18. This notable high yield monthly dividend stock has a dividend yield of 7.69 percent. For more details, click the 10 High Yield Monthly Dividend Stocks.