Findind the right stocks for getting Monthly dividends can bring in passive income and simplify your portfolio. Rather than chase after potential gains with growth stocks or parking your money in a moldy old Index fund check out my list of high paying dividend stocks.
$ARR: ARMOUR Residential REIT pays $0.10 per share. With 100 shares you get $120 each year.
$ACP: Aberdeen Income Credit Strategies Fund has a 9.67% dividend rate, that's $0.10 per share.
$HGLB: Highland Global Allocation Fund has a dividend yield of 9.76%, it pays $0.071 per share.
$PFLT: PennantPark Floating Rate Capital pays a $8.95% rate, issuing dividends of $0.09 per share.
$HRZN: Horizon Technology Finance Corp pays a 7.32% dividend, earning $0.10 per share.
These 5 stocks are in more stable industries that are far less likely to be shorted by Institutions or Hedge Funds. You will benefit from steady growth and a regular flow of income each month.
You can checkout the Investing section of my website to learn how you can get free stocks.
Disclosure: I wrote this post myself and its contents are my own opinion. I hold a long term position in each of the stocks listed. Information provided should NOT be considered Financial Advice. I am not a financial advisor; I am just a guy on the internet. All investments have the possibility to lose money or fail. Only risk what you are willing to lose. Please do your own research before investing.