Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth.
These companies are priced under $5 yet still pay investors every 30 days like clockwork. However, some of these tickers are ETF and closed-end funds, not just company stocks.
List of Monthly Dividend Stocks Under $5
|Symbol||Company Name||Annual Dividend||Dividend Yield|
|GROW||U.S. Global Investors, Inc. Cl A||$0.03||1.49%|
|ROYT||Pacific Coast Oil Trust||$0.25||11.63%|
|DHY||Credit Suisse High Yield Bond Fund||$0.23||8.98%|
|CIF||MFSIntermediate High Income Fund Sh Ben Int||$0.24||9.47%|
|PVL||Permianville Royalty Trust||$0.25||9.58%|
|DHF||Dreyfus High Yield Strategies Fund Shs Ben Int||$0.26||8.49%|
|CIK||Credit Suisse Asset Management Income Fund, Inc.||$0.27||8.63%|
|GORO||Gold Resource Corp||$0.02||0.63%|
|MIN||MFSIntermediate Income Trust Shs. Ben. Int.||$0.35||9.01%|
|FAX||Aberdeen Asia-Pacific Income Fund, Inc.||$0.33||7.99%|
|VVR||Invesco Van Kampen Senior Income Trust||$0.28||6.63%|
|GGN||Gabelli Global Gold Natural Resources & Income Trust Com Shs Ben Int||$0.60||13.99%|
|PIM||Putnam Master Intermediate Income Trust Shs Ben Int||$0.36||7.86%|
|MGF||MFSGovernment Markets Income Trust Shs. Ben. Int.||$0.35||7.50%|
|PPR||INGPrime Rate Trust Shs Ben Int||$0.32||6.92%|
|CMU||MFSHigh Yield Municipal Trust Sh Ben Int||$0.22||4.58%|
|AMZA||ETFis Series Trust IETF||$0.96||19.75%|
|PBT||Permian Basin Royalty Trust Units Ben. Int.||$0.52||10.67%|
Stock data updated as of August 21st, 2019
While his background is mostly related to trading stocks, he recently gained interest in real estate crowdfunding with Fundrise.