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If you ever think you have it rough as an income investor, just look across the pond to Europe, where stock dividends often come only twice (in uneven amounts), even once per year. By comparison, we Americans have it pretty good—most of our dividend stocks pay regular, reliable payouts, and at a more frequent quarterly clip.

Still, if you’ve ever wished to yourself, “It would sure be nice to collect these dividends even more often” … well, wish no longer. While they’re not terribly common, American exchanges boast dozens of monthly dividend stocks.

Today, I’m going to talk about the virtues of companies that distribute their cash monthly. Then after that, I’ll introduce you to some of the best monthly dividend stocks you can find today.

Disclaimer: This article does not constitute individualized investment advice. These securities appear for your consideration and not as personalized investment recommendations. Act at your own discretion.

Editor’s Note: Tabular data presented in this article are up-to-date as of Dec. 31, 2024.

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The Importance of Dividends


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A dividend is a cash payment that a company makes to its shareholders. It’s an excellent additional source of investment return that complements price gains—and it means different things for different investors.

Dividend stocks (which commonly are value stocks, but can be growth stocks) are great ways to drive long-term performance of your portfolio. These companies pay a regular flow of their profits directly back to shareholders, meaning you receive some sort of return regardless of the ebb and flow of share prices.

Stocks that can both grow and pay dividends are the ultimate long-term stocks given just how much in additional returns they can generate over the long term.

The above image is a look at the return someone could expect if they received just the price returns from an S&P 500 over the past 25 years.

But What If I Reinvested My Dividends?


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Morningstar

Now look at the above chart to see how much better the return is when you factor in dividends had you had reinvested those dividends back into the S&P 500 (returns illustrated by an S&P 500-tracking ETF; note that expenses are included in performance).

The price return is a little less than 330%. The total return (price plus dividends) is more than 565%!

But dividends can mean something else entirely when you’ve reached retirement. Specifically, they can become a source of passive income.

When you retire, you no longer receive a regular paycheck from an employer. Instead, you have to rely on Social Security checks and whatever you’ve saved up for retirement. Investors typically withdraw money from their nest egg to pay the bills in retirement, but a steady stream of stock-dividend and bond-interest income can reduce how much of your investment accounts you have to draw down—keeping your nest egg better intact for longer.

Why Monthly Dividends?


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Monthly dividends, from a pure payout-schedule perspective, benefit every kind of investor in some way, but they clearly have a certain appeal to retirees.

Think about what I said before: U.S.-based stocks are the most frequent dividend payers, and even then, they’re only paying dividends every quarter. Also, they’re not paying during the same quarters—different stocks have different schedules, with some paying in Jan/Apr/Jul/Oct, some in Feb/May/Aug/Nov, and some in Mar/Jun/Sep/Dec. Well, depending on how much you have invested in stocks with different schedules, you could be receiving your checks in uneven clumps, which makes them difficult to budget around.

Monthly dividend stocks? If all goes well, you’re getting the same exact payout every month (with the occasional annual payout hike, to boot). That’s outstanding news to retirees. After all, they’re not working anymore—but they still have bills to pay, and bills still come monthly.

There’s also a tangible (albeit slight) benefit to investors of any age: quicker compounding.

When a company pays a dividend, you can choose to have it go straight to your account for use as you’d like … or you can immediately reinvest those dividends, which many people do when they’re not already retired.

Let’s say you buy $10,000 worth of shares in a stock with a 5% yield and hold it for 30 years. It never gains a dime, but you collect the same level of dividends the entire time.

— If that stock paid you quarterly, you’d end up with a balance of $44,402.13.

— If that stock paid you monthly, you’d end up with a balance of $44.677.44.

It’s not world-changing, but it’s a nice sweetener. If nothing else, it’s a case for including a few of these income investments as part of a diversified portfolio.

Which Stocks Pay Monthly?


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One last thing to know before I introduce my list of monthly dividend payers: They’re largely not what you’d consider “normal” stocks.

A “normal” stock is, say, an Apple (AAPL) or a General Electric (GE)—virtually always a plain-vanilla C corporation with no unusual rules or designations.

But for whatever reason, most monthly dividend stocks tend to involve companies with specialized structures, such as real estate investment trusts (REITs), master limited partnerships (MLPs), business development companies (BDCs), and royalty trusts. These businesses all have one thing in common: They’re mandated to pay out large percentages of their taxable income or cash flow back to shareholders—which come in the form of dividends (or dividend-esque “distributions”).

In general, all these special classes tend to deliver much higher yields than your average stock. That’s great for income hunters, but remember: Higher yields can often involve higher risk, or at least a bigger emphasis on income at the cost of lower price returns.

So today, I’m going to point you in the direction of monthly dividend-paying stocks that largely garner positive opinions from the Wall Street analyst set. Take a look and see which ones you’ll want to target for a closer look of your own.

Stocks are listed in order of dividend yield, from smallest to largest.

Related: 13 Best Mutual Funds to Buy

10. Global Water Resources


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— Industry: Water utility

— Market capitalization: $279.0 million

— Dividend yield: 2.6%

Global Water Resources (GWRS) is one of the rare “regular stocks” to pay monthly dividends. It bills itself as a “water resource management company,” better known to investors as a water utility. It provides water, wastewater, and recycled water services to areas around metropolitan Phoenix and Tucson, Arizona.

Regulated utility companies are often considered a tradeoff—they act as de facto monopolies given that they typically lack any real competition, so they tend to boast stable revenues and profits. However, given that they’re regulated, they’re usually allowed to raise rates only so much, only so often, which guarantees a low level of growth, but not much more than that.

Related: The 7 Best Dividend ETFs [Get Income + Diversify]

In Global Water’s case, revenues have improved pretty consistently every year, by about 8% annually over the past half-decade, while net income has climbed ahead by about 21% annually. Interestingly, GWRS—which started to pay dividends monthly as soon as it initiated its program in 2016—has raised its payout at least once annually since then, at a clip of roughly 3%. That’s hardly explosive, but you’re rarely looking for explosiveness out of a utility … you’re looking for stability.

Do you want to get serious about saving and planning for retirement? Sign up for Retire With Riley, Young and the Invested’s free retirement planning newsletter.

9. Whitestone REIT


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— Industry: Commercial real estate

— Market capitalization: $717.5 million

— Dividend yield: 3.8%

Whitestone REIT (WSR) is a commercial real estate firm that primarily owns retail-focused properties in the Sun Belt.

The main attraction to Whitestone’s real estate portfolio is that, while retail in nature, it’s a less beleaguered type of retail. WSR owns open-air retail centers that are largely convenience-focused—a mix of grocers, restaurants, health, fitness, financial, entertainment, and even education providers.

Whitestone was the focus of potential M&A action in late 2024, with privately held MCB Real Estate bidding $15 per share for WSR. However, the board unanimously rejected the bid, “citing valuation, embedded internal growth, improvement in leverage (reduced by 0.8x this quarter), and strong FFO (funds from operations, a vital REIT profitability metric) growth as reasons,” Truist analyst Anthony Hau writes.

Related: 5 Best Vanguard Retirement Funds [Start Saving in 2025]

Hau, who rates shares at Buy, adds that $15 per share “undervalues the geographic exposure to the Sun Belt and affluent neighborhoods,” as well as the “mark-to-market opportunity in Phoenix.” He believes management won’t entertain any bids unless they’re above $17 per share, which would be a 20% premium to the stock’s current price.

Another promising sign for current and would-be WSR shareholders alike? After years of keeping its monthly dividend level at 4¢ per share, Whitestone a 3% increase to the payout, to 4.125¢, in March 2024, then sweetened the dividend even further with a 9% upgrade to 4.5¢ per share beginning with its January 2025 distribution.

Related: 7 Best High-Dividend ETFs for Income-Minded Investors

8. Phillips Edison


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— Industry: Commercial real estate

— Market capitalization: $7.6 billion

— Dividend yield: 4.3%

Phillips Edison (PECO) is a commercial real estate investment trust that specializes in grocery-anchored neighborhood shopping centers. What are those? Well, close your eyes and think about your local strip mall that has a grocery store attached. There you go. You’ve got it.

PECO’s portfolio currently sits at 290 properties across 31 states. But its most noteworthy geographic feature is that 50% of its annualized base rents come from Sun Belt states, which from a migration perspective absolutely benefits this REIT. Each property typically revolves around a large grocer, such as Publix or Kroger, with the rest leased out to restaurants, personal services, medical operators, and other businesses.

Related: 10 Best Dividend Stocks to Buy [Steady Eddies]

Grocery-anchored real estate has been a winning formula for the past few years, at least based on Phillips Edison’s performance since going public in mid-2021. PECO shares have delivered a total return (price plus dividends) of 50% since then, versus single-digit losses for the real estate sector. 

In December, Mizuho Securities raised its target price on Phillips Edison’s shares from $39 to $41 and maintained its Outperform rating (equivalent of Buy). The firm believes shopping center REITs are a “low-risk, fairly priced alternative” to the broader sector thanks to low tenant risk, favorable supply/demand dynamics, and more.

PECO doesn’t have a long track record as a publicly traded company, but this monthly dividend stock has raised its payout every year since coming public.

Related: 9 Best Real Estate Crowdfunding Sites + Platforms

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7. Agree Realty


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— Industry: Commercial real estate

— Market capitalization: $7.6 billion

— Dividend yield: 4.3%

Agree Realty (ADC) is a net-lease REIT that operates in commercial real estate, boasting a portfolio of 2,271 properties in 49 states. (Sorry, Hawaii!)

“Net lease” is an important differentiator that means = leases are “net” of insurance, maintenance, and taxes. Thus, tenants including Walmart (WMT), Tractor Supply (TSCO), Dollar General (DG), and Best Buy (BBY) are responsible for all three of those things. Agree Realty simply collects a rent check. This results in much more stable, more predictable income—exactly what you want when you’re relying on a stock for income.

Related: 7 Best Fidelity ETFs for 2024 [Invest Tactically]

Retail real estate has been a minefield over the past decade, given the pain that e-commerce has caused traditional brick-and-mortar retailers. But not all retailers are built equally—many discretionary retailers operating malls might have been pelted, but many staples-goods retailers (think Walmart, warehouse clubs, grocers, and gas stations) are doing just fine and paying steadily climbing rents. And those are the types of tenants Agree has built its business around.

“We believe the company is in a good position in terms of its cost of capital, liquidity, balance sheet, high-quality portfolio, and acquisition pipeline,” say Stifel analysts, who rate the stock at Buy. “ADC is entrepreneurial and has created value and continues to create value across its three platforms [acquisitions, development, and developer funding] and through its relationships. The company balances its growth objectives with careful management of credit risk and focuses on e-commerce and recession-resistant retail categories.”

Agree Realty’s dividend program isn’t new, but it is a relative newbie among monthly dividend stocks—ADC started making more frequent payouts in 2021. Also, ADC has been improving the dividend on a semiannual basis since 2016.

6. Gladstone Land


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— Industry: Farmland real estate

— Market capitalization: $389.4 million

— Dividend yield: 5.2%

Gladstone Land (LAND) is a fairly unique REIT that operates in farmland under a “sale leaseback” model—in other words, Gladstone Land acquires farms and leases them back.

In some cases, farmers will sell their land for capital to upgrade their farming operations, and Gladstone Land will lease the land back to them; in other cases, farmers come to Gladstone Land looking only to lease certain farmland; and in other cases, people will sell to Gladstone any farmland they’re simply not using.

Related: REITs vs Private Placements: An Investment Guide

Gladstone has been going through a miserable stretch that has seen shares lose nearly a quarter of their value in 2025 alone. High vacancies, directly operated farms (Gladstone has had to step in), and non-accruals (typically, where a tenant hasn’t paid for 90 days or more) have been elevated, and demand has fallen for certain crops grown by LAND’s farms due to price increases. As of GLAD’s last report, five farms were still on non-accrual, but it had just one vacancy and one directly operated farm (down from 12 in the prior quarter).

However, Oppenheimer analysts say the market is underappreciating shares. While the company had forecast no portfolio growth in 2023 and 2024, looking forward, they say “continued portfolio growth and diversification should continue to support lease revenue growth and drive AFFO (adjusted funds from operations).”

And despite all its troubles, LAND continues to not just pay its dividend—141 consecutive months and counting—but growing it, at 35 hikes over the past 39 quarters.

One last interesting note: LAND is just one of several specialty businesses under the Gladstone banner. The others include Gladstone Capital (GLAD), a BDC focused on financing solutions for lower middle market companies; Gladstone Investment (GAIN), a BDC focused on acquiring lower middle market companies; and Gladstone Commercial (GOOD), an industrial-and-office REIT.

Related: The Best REITs to Invest In for 2025

5. Realty Income


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— Industry: Commercial real estate

— Market capitalization: $46.6 billion

— Dividend yield: 5.9%

Any roundup of the best monthly dividend stocks should include Realty Income (O), which literally bills itself as the “Monthly Dividend Company.”

No, really. They even registered the nickname.

Realty Income is a real estate investment trust focused on single-tenant commercial properties. It owns more than 15,450 properties in the U.S., U.K., and six other countries that are under long-term net-lease agreements. It currently boasts more than 1,500 different clients—including 7-Eleven, Dollar Tree (DLTR), and Life Time Fitness (LTH)—in 90 separate industries.

Related: 7 Best Fidelity ETFs for 2025 [Invest Tactically]

Realty Income also became a lot bigger in January 2024, when it closed on its $9.3 billion all-stock deal to acquire Spirit Realty Capital (SRC). Spirit Realty is another net-lease REIT whose properties are complementary to the Realty Income portfolio, though it will make same-store growth comparisons more difficult in 2025.

“O has been very active, acquiring both investment- and non-investment-grade assets,” say Stifel analysts, who rate the stock at Buy. “The company has one of the sector’s strongest balance sheets, in our view, the lowest costs of capital, and pays a consistent and growing monthly dividend.”

Another reason Realty Income is a king among monthly dividend stocks? The dividends, of course. Realty Income doesn’t just offer a high yield of more than 5%—it has paid 654 consecutive monthly dividends and increased the payout for 109 consecutive quarters.

Related: The 7 Best Closed-End Funds (CEFs)

4. Apple Hospitality REIT


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— Industry: Hotel real estate

— Market capitalization: $3.7 billion

— Dividend yield: 6.3%

The COVID-19 pandemic was hard on a lot of industries, but few lines of business were beaten up worse than hotels and hotel REITs. Those hard times were followed by a boom once the end of travel bans released all that pent-up demand. And now we’re sitting in a period of normalization where performance isn’t being driven solely by trends—but by who the best operators are.

Apple Hospitality REIT (APLE) is one such candidate. This hotel REIT focuses on upscale, rooms-focused hotels, with a portfolio of 222 hotels across 86 markets in 37 states. (In the simplest terms, rooms-focused means more like a traditional hotel and less like a resort.) The portfolio is largely centered around 119 Hilton (HLT) brand hotels and 98 Marriott (MAR) brand hotels, though it also has five hotels under the Hyatt (H) brand.

Related: Best Vanguard Retirement Funds for a 401(k) Plan

Apple Hospitality has deeply experienced management, with an average executive tenure of 16 years. The REIT has homed in on Hilton, Marriott, and Hyatt because of their strong loyalty programs, reservation systems, and consumer appeal. And in general, APLE prioritizes a conservative capital structure over aggressive financing, which might cap growth in boom cycles but ensures more stability across all types of economic environments.

In late 2024, BMO Capital Markets’ Ari Klein hopped on the bullish bandwagon, initiating APLE stock at Outperform in a report titled “We Like Them Apples.”

“APLE is the largest pure-play select-service lodging REIT with a high quality and diversified portfolio,” Klein says. “We are positive on APLE as we believe the company provides defensive characteristics but can also benefit from potential RevPAR (revenue per available room, a key hospitality KPI) improvement, with leading margins, a strong balance sheet that provides optionality, and an attractive dividend yield.”

Related: 7 Best Vanguard ETFs to Buy in 2025

It’s worth noting that, like most other hotel REITs, Apple Hospitality’s dividend was rocked by COVID, with the company suspending its 10-cent monthly dividend in 2020. But the payout is recovering. APLE restarted with a nominal penny-per-share quarterly payout across 2021. It returned to monthly payments in 2022, starting with 5 cents, then increasing it to 7 cents, then raising it once more to 8 cents, where it sits today. APLE has also paid 5-cent special dividends at the end of 2023 and 2024.

Young and the Invested Tip: If you ever do decide to buy shares of Apple Hospitality, be very careful with your data entry. It’s very easy to type in “Apple” instead of “APLE” and get the wrong stock. It’s a more common mistake than you’d like to think.

3. Sila Realty Trust


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— Industry: Health care real estate

— Market capitalization: $1.3 billion

— Dividend yield: 6.6%

Sila Realty Trust (SILA) is one of the freshest monthly dividend stocks you’ll find, at less than a year of trading on public markets.

SILA, which launched its initial public offering (IPO) in June 2024, is another net-lease operator—this one focused on health care real estate. Its portfolio features 136 properties, predominantly Class A buildings that are either recently built or newly renovated. Its tenants include medical outpatient buildings, surgery centers, dialysis facilities, long-term acute care, specialty facilities, and more.

Related: IRA Contribution Limits for 2024 + 2025 [Save More Money]

Sila Realty Trust is a straightforward play on the aging of America. The Baby Boomer generation will be fully in the 65-plus age cohort by 2030, and Americans older than 65 are expected to swell from 57.8 million people in 2020 (15% of the population) to 88.8 million people in 2060 (25% of the population).

“We believe SILA is undervalued, based on low leverage, competitive projected earnings growth, low EV/EBITDA (enterprise value-to-earnings before interest, taxes, depreciation, and amortization), a discount to NAV (net asset value), and a well-covered … dividend,” says Truist analyst Michael Lewis, who rates the stock at Buy. “In our view, SILA’s high-quality portfolio, external growth profile, strong balance sheet and discounted stock valuation should provide investors an attractive risk-adjusted return over the next 12 months.”

With less than a year under Sila Realty’s belt, there’s little to say about its dividend other than it’s big. The company started its payout at 13.3 cents per share monthly, which currently translates to a 6%-plus yield.

Related: Best Target Date Funds: Vanguard vs. Schwab vs. Fidelity

2. Ellington Financial


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— Industry: Mortgage real estate

— Market capitalization: $1.1 billion

— Dividend yield: 12.9%

Ellington Financial (EFC) is a mortgage real estate investment trust (mortgage REIT or mREIT, for short). It invests in residential and commercial mortgage loans, residential and commercial mortgage-backed securities (MBSes), consumer loans, asset-backed securities backed by consumer loans, and a number of other mortgage- and loan-related investments.

Related: Best Fidelity Retirement Funds for a 401(k) Plan

Whereas your typical equity REIT owns and possibly operates physical real estate, an mREIT deals in “paper” real estate like the instruments I just mentioned. An mREIT will take out debt to purchase mortgages and related products, and their profit is the spread between what they’re paying on debt and what they’re earning in interest income from their mortgages—known as net interest margin.

It’s a difficult business—one that can be rocked by any number of things, including high and/or rising interest rates. Thus, Wall Street is bullish on just a handful of mREIT, Ellington among them.

“We continue to view EFC as a top-tier mREIT, uniquely positioned to take advantage of the next cycle, given its platform diversification and in-house originators,” says B. Riley analyst Matt Howlett (Buy). “We highlight earnings power expansion via capital deployment and reverse mortgage production margin recovery as 2025 tailwinds.”

Related: 12 Best Long-Term Stocks to Buy and Hold Forever

Of note: In 2024, Ellington Financial reduced its monthly dividend from 15¢ per share to 13¢ as it absorbed the recent acquisition of another mREIT, Arlington Asset Investment Corp., and as a 2022 acquisition, Longbridge Financial, works on returning to profitability.

That said, Wall Street’s analyst community remains bullish on shares, with Howlett, among others, reiterating Buy calls despite the bad news. And even after the cut, EFC still boasts the largest yield among the best monthly dividend stocks covered here today.

Do you want to get serious about saving and planning for retirement? Sign up for Retire With Riley, Young and the Invested’s free retirement planning newsletter.

1. Dynex Capital


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— Industry: Mortgage real estate

— Market capitalization: $1.0 billion

— Dividend yield: 14.3%

Dynex Capital (DX) isn’t just a mortgage real estate investment trust (mREIT)—it’s the longest-tenured mREIT, founded in 1987.

Dynex is explicitly an “agency” mREIT, which means it deals in mortgages and MBSes from government agencies such as Freddie Mac and Fannie Mae. In fact, its portfolio is 97% agency residential MBSes (RMBSes), and the lion’s share of the remainder is agency commercial MBSes (CMBSes).

Keefe, Bruyette and Woods, which rates Dynex at Outperform, is broadly bullish on agency MBS sectors. “Agency MBS spreads remain close to historical wides, which should support low- to mid-teen returns on incremental investments,” KBW analysts say. “We believe that companies are well-positioned to capitalize on the attractive investing environment given the low leverage across the sector. Additionally, given the uncertainty in the equity and debt markets, we think double-digit returns from the agency MBS REITs appear compelling and could outperform the financial sector.”

Related: 5 Best Vanguard Retirement Funds [Start Saving in 2025]

KBW is just one of a handful of analyst outfits that cover Dynex, which is typical for the mREIT industry. Still, among these few pros, the bulls are the majority—DX has five buys versus two Holds and no Sells.

Dynex pays a monthly dividend, and a generous one at that—14%-plus as I write this. However, mortgage REITs tend to have shakier dividend histories than traditional stocks and even equity REITs, and DX is no exception. Its dividend was hacked away by 85% between 2012 and 2020, to 13 cents per share monthly, where it remained until mid-2024. At that point, Dynex announced its first dividend raise in more than a decade—to 15 cents per share.

Still, that payout history is an important reminder that double-digit yields are hardly risk-free.

Related: Best Fidelity Retirement Funds for a 401(k) Plan

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What is Dividend Yield?


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Dividend yield is a simple financial ratio that tells you the percentage of a company’s share price that is paid out across a year’s worth of dividend distributions. Expressed as a mathematical equation, it’s simply:

Dividend yield = annual dividend / price x 100

Yield helps dividend investors normalize dividend payments regardless of stock price, different quarterly payments, even different payment frequencies (like monthly or annually). For instance, each of the following fictional stocks all have a dividend yield of 2.5%:

— Alpha Corp. currently trades for $40 a share. It pays a 25-cent quarterly dividend, for $1.00 per year in full. ($1 / $40 x 100 = 2.5%)

— Beta Inc. pays $1 in the first quarter, $2 in Q2, $3 in Q3 and $4 in Q4. That’s $10 in dividends for the full year. It trades for $400 a share. ($10 / $400 x 100 = 2.5%)

— Gamma Ltd. pays $2.50 just once per year. It trades for $100 a share. ($2.50 / $100 x 100 = 2.5%)

The idea is to focus on the percent of your initial investment you get back, and help you compare apples to apples.

Taking this math a step further, you learn that a company can suddenly feature a very high dividend yield through one of two very different ways: the share price falling very quickly, or the dividend growing very rapidly.

Alpha Corp., which trades for $40 per share, pays a 25-cent quarterly dividend that yields 2.5%. In a month, it yields 5.0%. Here are two ways that could have happened.

— Alpha Corp. doubled its dividend to 50 cents per share, for a full $2 per share across the year. The share price stays the same. ($2 / $40 x 100 = 5.0%)

— Alpha Corp. kept its dividend the same, but its share price plunged in half to $20 per share. ($1 / $20 x 100 = 5.0%)

Clearly, that 5% yield appears to be much safer and reliable in one scenario than the other.

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What is a Payout Ratio?

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As with dividend yield, it’s important to normalize the dividend payout ratio for a stock. This is simply the percentage of a company’s earnings per share that is being distributed via dividends. It’s calculated as:

Payout ratio = dividends per share / earnings per share x 100

As an example, a stock that makes $100 million in profits and has 10 million shares of public stock has $10 in earnings per share. And if that company pays $5 annually in dividends, it has a payout ratio of 50% ($5 / $10 x 100 = 50%).

There’s a lot of “gray” when it comes to payout ratios. In general, though, the lower the payout ratio, the more sustainable the dividend, and the more room for future hikes.

Note: Payout ratio is calculated using different metrics depending on the type of business you’re looking at. For typical companies, you look at earnings. But, for example, when working with REITs, you typically calculate payout ratio using funds from operations (FFO), which is an important measure of REIT profitability.

What is ‘Yield on Cost’?

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When you look up a stock’s information, the dividend yield listed is based on the most recent dividend and the current stock price.

That yield is often actually different than the one current shareholders enjoy. That yield is called “yield on cost,” which is the payout based on what you paid, at the moment you invested.

Let’s say you buy a stock at $100, and it pays $1 per share. It yields 1.0% when you buy it ($1 / $100 x 100 = 1.0%).

In a year, that stock has doubled to $200 per share, and it also doubled its dividend to $2 per share. If you look up its information, its dividend is still 1.0% ($2 / $200 x 100 = 1.0%).

That’s not your yield on cost, however. You’re still receiving that higher dividend of $2 per share. But your cost basis is still the original $100 you bought the share at. So now, your yield on cost has doubled, to 2.0% ($2 / $100 * 100 = 2.0%)!

Related: 12 Best Investment Opportunities for Accredited Investors

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Related: 6 Best Stock Recommendation Services [Stock Picking + Tips]

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Stock recommendation services are popular shortcuts that help millions of investors make educated decisions without having to spend hours of time doing research. But just like, say, a driving shortcut, the quality of stock recommendations can vary widely—and who you’re willing to listen to largely boils down to track record and trust.

The natural question, then, is “Which services are worth a shot?” We explore some of the best (and best-known) stock recommendation services.

Related: 7 Best High-Quality, High-Yield Dividend Stocks to Buy

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Looking to earn some serious dividend income? These high-quality, high-yield dividend stocks are well-regarded not only for their high payouts, but for the sustainability of those dividends (at least in the eyes of investment professionals covering the stocks).

We look into these seven companies’ dividend profiles and why analysts think their stocks are well worth holding in your income portfolio.

Related: The Best Fidelity ETFs for 2025 [Invest Tactically]

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If you’re looking to build a diversified, low-cost portfolio of funds, Fidelity’s got a great lineup of ETFs that you need to see.

In addition to the greatest hits offered by most fund providers (e.g., S&P 500 index fund, total market index funds, and the like), they also offer specific funds that cover very niche investment ideas you might want to explore.

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Kyle Woodley is the Editor-in-Chief of WealthUpdate. His 20-year journalistic career has included more than a decade in financial media, where he previously has served as the Senior Investing Editor of Kiplinger.com and the Managing Editor of InvestorPlace.com.

Kyle Woodley oversees WealthUpdate’s investing coverage, including stocks, bonds, exchange-traded funds (ETFs), mutual funds, real estate, alternatives, and other investments. He also writes the weekly Weekend Tea newsletter.

Kyle spent five years as the Senior Investing Editor at Kiplinger, and six years at InvestorPlace.com, including two as Managing Editor. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, the Nasdaq, Barchart, The Globe and Mail, and U.S. News & World Report. He also has made guest appearances on Fox Business and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice, and Univision.

He is a proud graduate of The Ohio State University, where he earned a BA in journalism … but he doesn’t necessarily care whether you use the “The.”

Check out what he thinks about the stock market, sports, and everything else at @KyleWoodley.