The vast majority of stocks that distribute dividends pay them out on a quarterly basis, but there are some that issue them monthly. Monthly dividend payers are often a favorite among income investors or those in retirement who appreciate the more frequent payouts.
Typically, most of them are real estate investment trusts, or REITs, which are required by federal statute to distribute 90% of their taxable income to investors through dividends in exchange for certain tax benefits. Thus, REITs are among the best and most reliable dividend payers. Here are the two best REIT stocks for monthly dividends.
This post appeared at Dividend Stocks Research.