Buy These 3 Growing Utilities For A Safe, Monthly Yield Of 3.75%

A monthly dividend can be of great benefit to the income-oriented investor who is saving for retirement or simply looking for a more predictable source of income. There are plenty of ways an investor can get paid a monthly dividend, but the majority of these ways are not found in stocks. Rather, they are mainly found in closed-end income and bond funds. If you are looking for stocks that will pay you a monthly dividend, you'll be hard pressed to find a major utility company that will do it. The stocks that do pay you a monthly dividend are typically the REITs, trusts, and development companies - with a few exceptions mixed in here and there. While the high yields that some of these monthly payers offer are tempting, remember that a lot of these companies don't appreciate in value over time, and therefore you're only getting a total return... Read more