10 Best Monthly Dividend Stocks in 2021
The COVID-19 pandemic led to strict lockdowns across the world last year and business remained shuttered for months in some countries. As a result, people found themselves without jobs as companies that had not yet embraced the digital economy struggled to stay afloat. For many, the pandemic was a rude awakening. The families who had not diversified their income were perhaps the hardest hit. Washington-based research group Brookings estimates that real monthly income for families declined by a record 10% in April 2020.
As the vaccine rollout in the first quarter of 2020 allowed for the reopening of the economy, the coronavirus relief benefits in many countries expired. As people went back to their jobs uncertain of the future, many wanted to prepare for future scenarios where regular income might take a beating. For those unsure about how to proceed forward, monthly dividend stocks might be the answer. Forbes reports that as growth stocks r
Before we dive in, I put in mostly high-yielding monthly dividend stocks. As with anything in life, a higher reward potential usually means greater risk. While you can go with safer options, these are the companies that truly can help pay the bills.
Monthly Dividend Stocks: Agree Realty Corporation (ADC)
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When the novel coronavirus first touched down on American shores, the quickly unraveling crisis devastated the retail sector. With several state governments imposing a shutdown on non-essential activities, many shopping centers suffered badly. You’d expect the fallout to hit Agree Realty Corp. particularly hard, given that it specializes in such businesses. Fundamentally, though, ADC stock has weathered the storm quite well.