How do I find a stock or fund that pays dividends monthly or quarterly?

Answer 1

There are some funds that pay dividends monthly and some closed end funds that trade like stocks that pay monthly. Most funds however only pay at year end. Most stocks that do pay dividends pay quarterly.

If you go to this site, you will find funds that trade like stocks that pay monthly. However, you can't just screen for them. You have to review each individually.

http://www.etfconnect.com/select/rank/default.asp?fType=1&oType=3

Here are a couple that I do know that pay monthly: FHY, GIM, DHY, DCA.

Now be aware. They are almost all funds that invest in debt securities. Debt securities are very subject to asset erosion due to inflation.

Here is a Yahoo screen to screen for stocks paying more than 3% dividend. Note that funds that invest in debt instruments, have their dividends taxed at the full tax rate as do REITs. Stocks that pay dividends for the most part have their dividends taxed at about 1/2 the full rate.

http://screen.finance.yahoo.com/b?sc=&im=&prmin=&prmax=&mcmin=&mcmax=&dvymin=3&dvymax=&betamin=&betamax=&remin=&remax=&pmmin=&pmmax=&pemin=10&pemax=20&pbmin=&pbmax=&psmin=&psmax=&pegmin=&pegmax=&gr=&grfy=&ar=&vw=1&db=stocks

Answer 2

Jeff makes an extremely solid accretion factor. the faster the dividend is reinvested, the faster it could make capital earnings. Assuming of direction that the inventory is in an upwards cycle. If that factor works out mathematically equivalent averaged over the three hundred and sixty 5 days, then it quite is often a psychological count. yet another excuse it is likewise nicer to get dividends quarterly is with the help of the fact a chook in hand is properly worth 2 in the bush, rather presently while over the final three hundred and sixty 5 days or 2 some companies have cut back dividends. style of like, might somebody choose to gets a commission as quickly as a three hundred and sixty 5 days or greater advantageous than that, whether it quite is an analogous volume. on the different hand, some human beings might desire receiving dividends as quickly as a three hundred and sixty 5 days to simplify and defer taxes. each and each reinvestment creates a newly required tax calculation. And if too lots earnings is left untaxed in the process the three hundred and sixty 5 days, quarterly envisioned taxes will could be paid or there's a penalty. even although, brokerages commonly provide the investor a decision approximately having money withheld for tax purposes to simplify the undertaking. The longer the pretax money remains deferred while there is no dividend or capital earnings distribution, the longer it may earnings value.. style of like money in a prevalent ira. For decrease salaried human beings, that's no longer as lots of a potential. Quarterly.

Answer 3

You're better off investing in a few growth companies that will actually make a significant profit. Any company that has dividends has shifted out of its growth phase at least partially and it not growing too fast anymore. You'd make more money with high growth stocks and just selling off shares as you need money.

Jeff
http://www.best-stock-trading-systems.com/sharebuilder_review.html

Answer 4

Hundreds pay monthly. etfconnect.com a great resource. Almost all stocks they pay divs pay quarterly so no research there. Not important info in investment decision.