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Vet67to82 (< 20)

A Little Help Here ...



October 18, 2008 – Comments (5) | RELATED TICKERS: LOR , LGI , FCX

   Got a favorite Closed end fund, ETF, or stock that pays a monthly dividend?  I have suggested a new tag for Lazard World Dividend & Income Fund ( LOR ) as ( Dividend -Monthly ). LOR has paid a monthly dividend since inception and has already declared it's next monthly dividend. 

   It appears to me that stocks that pay a dividend, based on cash flow will, outpeform the market in good times and hold up better in bad times.  Many stocks, like  FCX pay quarterly dividends, but also pay surprise dividends ...  We Motley Fools can help each other out by identifying and tagging companies and ETFs that reward their stockholders.   We could also benefit if we had a stock screener option that could identify, by the TAG, companies and funds that pay monthly, and/or special dividends.    

   Know any any funds paying a monthly dividend?    A little help here, please  ...


5 Comments – Post Your Own

#1) On October 18, 2008 at 4:00 PM, DemonDoug (31.22) wrote:

yeah.  It's called JNJ.  At 200B market cap, it pretty much is a mutual fund/etf on it's own.  And pays a dope dividend.

the only "funds" i know that pay monthly dividends are royalty trusts and savings and money market accounts.

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#2) On October 18, 2008 at 6:52 PM, awallejr (38.34) wrote:

PWE (nat gas) an NIO (muni bond fund) pay monthly dividends.  NUE (steel) pays specials.  I read somewhere that ACAS will fix their quarterly dividend and pay specials (I can't say if that is true or not).

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#3) On October 18, 2008 at 9:58 PM, rd80 (95.68) wrote:

Yamana Gold (AUY) shifted to a monthly dividend payout a little while ago.  But that doesn't sound like the kind of stock you're looking for.

In the open end fund world, most bond funds pay monthly.  T.Rowe Price's Spectrum Income Fund (RPSIX) pays monthly, they hold more bonds than stocks, but there is an equity component to the holdings.

You could probably build your own 'ETF' using a handful of dividend paying stocks that are on different payout schedules.


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#4) On October 19, 2008 at 3:02 AM, StockSpreadsheet (66.65) wrote:

PGH still pays monthly dividends last time I checked, (though I haven't checked in a while).  AINV also pays out a nice dividend, though it is quarterly, not monthly.  Right now I own some AINV and the dividend yield is currently over 10%.  Other companies that I have looked at sometime during this year that paid decent dividends at the time I looked at them include MCGC, NRF, GLS, CT, BPT, PCU, CORS, MPW, VGR, BTE, CPL, CLP, DRH, KSP, SBR, EGLE, MMP, MSB, TPP, AB, CALM, ETP, BCS, OHI, OKS, PRGN, TSP, WBK, HNP, UVE, UIL, FTE, TSM, NGG, ING, PKG, LCAV, ARLP, ACAS.

I haven't looked at some of these companies in months, so I don't know if they still pay good dividend yields, (and I'm sure that several of them have cut their dividends), but at the time I looked at them, all paid a dividend yield of over 5%, most if not all are paid quarterly.  Also, some on the list pay dividends as a percentage of earnings, (common to overseas companies), as opposed to the fixed dividends that are common here in America, so reduced profits would mean reduced dividends, though reduced profits usually reduce stock price, so the dividend yield might still be fairly high.

You will need to do your own research to see if these companies still have good dividend yields and whether or not they have the earnings and profits to continue to pay out good yields, (or if they will be forced to cut their dividends in the near future).

Hope this helps.  Good luck with your search and research.


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#5) On October 19, 2008 at 2:45 PM, gman444 (28.23) wrote:

I believe ADVDX pays out monthy.  PVX, HGT pay monthly.  For high dividend plays that pay quarterly I like NRF, BEE, HIMX, HTGC, and to a lesser extent, AHR.  If you believe that gold/silver will go higher, check out UNWPX.  It pays a big yearly dividend, in Dec., so you want to get in soon.  They have been consistent with their dividend, and the cap gains have been very nice in the past--the fund has underperformed lately because it has more Jr's than other funds---the jr's have taken the biggest hit of all the gold miners, but stand to gain the most, if you believe like the gold bugs do. 

I also like the oil/gas pipeline co's very much, and they tend to pay good dividends, eg:  MGG, ETP, etc..

 Hope this is helpful, and good luck. 

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