With fears of a looming recession, investors are moving their focus away from growth equities and into stable, high-dividend firms. Experts believe that in an inflationary and rising rate environment, dividends have outpaced the overall market in 2021 and year-to-date. Dividends have been a big part of the S&P 500’s performance over the years. The dividend payers, according to Hunstad, trade at relatively low prices and earnings multiples. Improved profits and robust financial conditions of firms encourage dividends.
Insider Monkey selected stocks that pay monthly dividends. STAG Industrial, Inc. is a real estate investment trust that owns and manages single-tenant industrial buildings throughout the United States. As of April 6, the stock yields 3.50 percent in dividends. Apple Hospitality REIT, Inc. owns 219 hotels in 86 cities in 36 states across the United States. The company recorded revenue of $934 million for the full year of 2021, compared to $602 million in 2020. In 2021, net income increased significantly, reaching $18.8 million, compared to a deficit of $173.2 million the previous year. Whitestone REIT is a real estate investment trust based in the United States that invests in income-generating retail and mixed-use buildings. In 2021, the company’s net income doubled to $12 million, up from $6 million the previous year. Agree Realty Corporation is a real estate investment trust that has built about 40 neighborhood shopping complexes in the Midwest and Southeast. In 2021, the company’s revenue was $339.3 million, up from $248.6 million the previous year. Realty Income Corporation is a multi-tenant commercial real estate investment trust that leases and rents out single-tenant commercial properties. For the past 28 years, the company has continuously increased its dividend payments, and the stock yields 4.13 percent as of April 6. For more details, click 10 Monthly Dividend Stocks To Buy In April.
Pixabay
