These 4 High-Yield Stocks Pay Monthly Dividends (2024)

I've written inthe past some great articles about the foolish thoughts about the myth ofmonthly dividend paying stocks but they still have a huge fan base.

Today, I’m goingto share four monthly dividend stocks that you can bank on to pay your monthlybills, but with a very important note first: You should never buy a stockpurely because its dividend is paid monthly. Dividend safety and growth are farmore important considerations.

These are theresults:

Prospect Capital -- Yield: 13.19%

Prospect Capital (NASDAQ:PSEC) employs people, generates revenue of $712.29 million and has a net income of $319.02 million. The current market capitalization stands at $2.72 billion.

Prospect Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $359.99 million. The EBITDA margin is 50.54% (the operating margin is 50.15% and the net profit margin 44.79%).

Financials:The total debt represents 42.81% of Prospect Capital assets and the total debt in relation to the equity amounts to 76.64%. Due to the financial situation, a return on equity of 10.17% was realized by Prospect Capital.

Twelve trailing months earnings per share reached a value of $0.92. Last fiscal year, Prospect Capital paid $1.32 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 8.27, the P/S ratio is 3.82 and the P/B ratio is finally 0.72. The dividend yield amounts to 13.19%.

Stock Charts:

These 4 High-Yield Stocks Pay Monthly Dividends (2)
Long-Term Stock Price Chart of Prospect Capital (PSEC)
These 4 High-Yield Stocks Pay Monthly Dividends (3)
Long-Term Dividend Payment History of Prospect Capital (PSEC)
These 4 High-Yield Stocks Pay Monthly Dividends (4)
Long-Term Dividend Yield History of Prospect Capital (PSEC)

Main Street Capital -- Yield: 6.64%

Main Street Capital (NYSE:MAIN) employs 38 people, generates revenue of $140.76 million and has a net income of $100.75 million. The current market capitalization stands at $1.58 billion.

Main Street Capital’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $95.54 million. The EBITDA margin is 67.87% (the operating margin is 67.87% and the net profit margin 71.57%).

Financials:The total debt represents 41.72% of Main Street Capital assets and the total debt in relation to the equity amounts to 75.17%. Due to the financial situation, a return on equity of 11.63% was realized by Main Street Capital.

Twelve trailing months earnings per share reached a value of $2.42. Last fiscal year, Main Street Capital paid $2.00 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 13.11, the P/S ratio is 11.21 and the P/B ratio is finally 1.52. The dividend yield amounts to 6.64%.

Stock Charts:

These 4 High-Yield Stocks Pay Monthly Dividends (5)
Long-Term Stock Price Chart of Main Street Capital (MAIN)
These 4 High-Yield Stocks Pay Monthly Dividends (6)
Long-Term Dividend Payment History of Main Street Capital (MAIN)
These 4 High-Yield Stocks Pay Monthly Dividends (7)
Long-Term Dividend Yield History of Main Street Capital (MAIN)

Realty Income -- Yield: 5.02%

Realty Income (NYSE:O) employs 131 people, generates revenue of $933.50 million and has a net income of $269.14 million. The current market capitalization stands at $10.55 billion.

Realty Income’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $827.48 million. The EBITDA margin is 88.64% (the operating margin is 25.00% and the net profit margin 28.83%).

Financials:The total debt represents 44.82% of Realty Income assets and the total debt in relation to the equity amounts to 87.92%. Due to the financial situation, a return on equity of 4.50% was realized by Realty Income.

Twelve trailing months earnings per share reached a value of $1.07. Last fiscal year, Realty Income paid $1.64 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 42.41, the P/S ratio is 11.29 and the P/B ratio is finally 1.95. The dividend yield amounts to 5.02%.

Stock Charts:

These 4 High-Yield Stocks Pay Monthly Dividends (8)
Long-Term Stock Price Chart of Realty Income (O)
These 4 High-Yield Stocks Pay Monthly Dividends (9)
Long-Term Dividend Payment History of Realty Income (O)
These 4 High-Yield Stocks Pay Monthly Dividends (10)
Long-Term Dividend Yield History of Realty Income (O)

LTC Properties -- Yield: 4.90%

LTC Properties (NYSE:LTC) employs 19 people, generates revenue of $118.96 million and has a net income of $73.40 million. The current market capitalization stands at $1.48 billion.

LTC Properties’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $107.10 million. The EBITDA margin is 90.03% (the operating margin is 57.53% and the net profit margin 61.70%).

Financials:The total debt represents 29.16% of LTC Properties assets and the total debt in relation to the equity amounts to 42.66%. Due to the financial situation, a return on equity of 11.46% was realized by LTC Properties.

Twelve trailing months earnings per share reached a value of $1.95. Last fiscal year, LTC Properties paid $2.04 in the form of dividends to shareholders.

Market Valuation:Here are the price ratios of the company: The P/E ratio is 21.40, the P/S ratio is 12.45 and the P/B ratio is finally 2.38. The dividend yield amounts to 4.90%.

Stock Charts:

These 4 High-Yield Stocks Pay Monthly Dividends (11)
Long-Term Stock Price Chart of LTC Properties (LTC)
These 4 High-Yield Stocks Pay Monthly Dividends (12)
Long-Term Dividend Payment History of LTC Properties (LTC)
These 4 High-Yield Stocks Pay Monthly Dividends (13)
Long-Term Dividend Yield History of LTC Properties (LTC)

These 4 High-Yield Stocks Pay Monthly Dividends (2024)
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