A while back, I wrote this blog post on how you can get a paycheck every month from your stocks that pay dividends. I’d like to emphasize a new area to take a look at that’s been trending recently: REIT Dividends. These investments consist of bundles of real estate together. As people pay their mortgages, that cash flow goes through the REIT and to the investors. Without further ado, Here is my list of the best REITs to buy to earn this cash flow and have it come in every month.
Recently, interest rates has been on the rise with percentage rates averaging up around 4.5%. There shows no signs of stopping as real estate is slowly popping up all over the US. With this, I’ve compiled a list of best REITs to buy that pay a monthly dividend that might be worth looking at. However, remember that this list is not exhaustive and comprehensive. As markets develop, lots of other funds out there will pop up which may be better. In the end, it’s up to you as the investor to research.
First, let’s look at a list of popular REITs that pay a consistent dividend.
Best REITs to Buy:
- American Realty Capital Properties (ARCP)
- Armour Residential (ARR)
- Chatham Lodging Trust (CLDT)
- Chambers Street Group (CSG)
- EPR Properties (EPR)
- Gladstone Commercial (GOOD)
- Gladstone Land (LAND)
- Inland Real Estate (IRC)
- LTC Properties (LTC)
- Realty Income (O)
- STAG Industrial (STAG)
- Wheeler Real Estate (WHLR)
- Whitestone REIT (WSR)
As you can see from the list above, these REIT Dividends are different in that they each provide you with a monthly dividend individually. Because of that, this is why collectively, these are the best REITs to buy. However, individually they may not provide enough value. The original dividend list provides you monthly dividends from multiple different stocks per month whereas you can now attain monthly dividends from just one stock. These are not just limited to REIT as there are many other companies out there that do this as well. Although, If you prefer not to invest in REIT, do some research on other companies, most likely up-and-coming companies with smaller caps that can provide monthly payments.
However, I would advise though that you do not simply rely on a market sector alone. The wise thing to do might be to consider some percentage of allocation in your portfolio to REIT stocks. Above all else, diversification should not be overlooked. REITs will provide a means of diversification for your traditional stock portfolio with some of these best REITs to buy.
Original Dividend List:
Coca-Cola (KO)
Cisco Systems (CSCO)
CVS Caremark (CVS)
Deere (DE)
Verizon (VZ)
ExxonMobile (XOM)
Chevron (CVX)
Pepsi Co (PEP)
Dividend Cycles:
January, April, July, October
Coca-Cola
Cisco Systems
February, May, August, November
Deere
CVS Caremark
Verizon
March, June, September, December
Pepsi Co
ExxonMobile
Chevron
In conclusion, if you’re aiming for retirement, a portfolio of monthly stock dividends and the best REITs to buy could provide amble flexibility. That is to say, you’re minimizing market risk by diversifying. In addition, you’re also retaining your monthly cash stream to support your financial independence. Finally, if you really are retired, these are all historically stable and should one company falter, you still have the strength in numbers.