One of the best ways to build wealth is with dividend stocks, especially those that will pay you every month just to hold a position.
Look at Realty Income (SYM: O), for example.
With a yield of 5.03%, the real estate investment trust (REIT) has been paying out a monthly dividend for 29 consecutive years. In fact, its latest dividend of $0.2635 per share is payable on November 15 to shareholders of record as of November 1.
But it’s not the only one. Here are three more that’ll pay you to hold a position.
AGNC Investment Corp. (SYM: AGNC)
With a yield of 13.77%, AGNC Investment (AGNC) is a real estate investment trust (REIT) that invests in residential mortgage-backed securities, where principal and interest payments are guaranteed by the U.S. government or a U.S. government agency. Even better, it just declared a 12-cent monthly dividend, payable November 12 to shareholders of record as of October 31.
Helping, the Federal Reserve sparked a rush of homebuyers with recent cuts to interest rates. In fact, homebuyers locked in about 70% more mortgages than they did a month earlier on September 23, as noted by Redfin. Even better, with more interest rate cuts likely, mortgage demand could push even higher, which is great news for AGNC.
EPR Properties (SYM: EPR)
With a yield of just over 7%, EPR Properties (EPR) is a REIT that invests in amusement parks, movie theaters, ski resorts and other entertainment properties. It just declared a monthly dividend of $0.285 per share, payable November 15 to shareholders of record as of October 31.
Helping, analysts at Raymond James just upgraded EPR to a strong buy rating with a $54 price target. All thanks to renewed confidence in box office sales.
Main Street Capital (SYM: MAIN)
With a yield of 5.66%, Main Street Capital (MAIN) is a business development company that specializes in equity capital to lower middle market companies.
It also just paid its $0.245 per share dividend on October 15, and will pay that again on November 15 to shareholders of record as of November 8. And it’ll do so again on December 13 for shareholders of record as of December 6.
