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Retired...Need income?

Always talk with your financial advisor first!

Yahoo suggests 5 stocks that pay monthly...

We all have bills to pay. And whether it’s your mortgage, your utilities or just that pesky credit card bill, life’s little expenses tend to recur every month. There’s just one problem with this: If you’re living off of your investments, you normally get paid on a very different timeframe. Dividends are usually paid quarterly, and bond interest is usually paid semi-annuall

STAG Industrial (STAG)

I’ll start with a young REIT that I’ve owned for years, STAG Industrial  (STAG). STAG is a small-cap REIT with a market cap of about $1.3 billion. That makes it large enough to be diversified but still small enough to fly under the radar of most investors. 

STAG switched from a quarterly dividend to a monthly dividend in late 2013. STAG’s business model is simple enough to understand. The REIT invests in single-tenant industrial real estate — things like warehouses and light manufacturing facilities — that tend to require little in the way of maintenance and ongoing expenses. As of the most recent investor presentation, STAG had a portfolio of 253 properties spread across 36 states and 231 tenants, most of which are investment-grade rated. 

Posted on Tuesday, October 27 by Registered CommenterWise Owl | Comments Off