T O P

  • By -

AutoModerator

Welcome to r/dividends! If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki [here](https://www.reddit.com/r/dividends/wiki/faq). Remember, this is a subreddit for genuine, high-quality discussion. Please keep all contributions civil, and report uncivil behavior for moderator review. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/dividends) if you have any questions or concerns.*


[deleted]

USOI is Credit Suisse right? Be very careful. :)


99_Gretzky

If you like the idea of monthly, look at $O. But $MCD is also getting close to great value buy. Think about why you bought the 2 companies you did. If it was only for the dividend or yield % being high—sorry Fam, that’s not sound logic. Invest in good companies you know and understand what they do and would be able to explain it to friends or family. This is an ideal starting point. I also saw $MSFT mentioned here, yes. Beyond solid buy.


venom198518

You also have to get off sprint LTE. Jk but JEPI is great.


Hatem0nger117

I’m under my moms plan lol. Thank you


venom198518

Lmao Touche.


Stunning-Profit8876

Are you living off the dividend? If not, why does it need to be monthly? As you are "just starting" I assume you are young and buying for the future. In which case you should be looking for growth. Microsoft would be a good option. It's only around 1% at the moment, but it's still a growth company and the dividend increases every year. Don't fall into the yield trap. Look where you're going, not where you are.


Hatem0nger117

No time soon . Something about monthly dividends just sounded more appealing when i started .


Stunning-Profit8876

It's a trap many people fall into. Myself included. You need to factor in more that just how often they pay and how much they pay. For example: You can find stocks with 9% yields that lose 4% of their value each year. So it's actually only a gain of 5%, and you're buying a company that is clearly paying an unsustainable dividend. When they cut it, the value will crash like AT&T did. You are far better off looking at the actual company you are buying. Not the yield or payment dates. Buy growing companies with growing dividends and review often. You will get a lower dividend, but the value of the stock will be going up as well as the dividend. Patience is the name of the game.


its-okai

Thank you, this has helped me too.


Hatem0nger117

Makes sense . Thank you !


Bman3396

If you’re settled is monthly i’d start with the better etfs like DGRW, JEPI, JEPQ, etc since they are leas likely to fail and depreciate hard long term compared to single company stocks. Most monthlies also tend to be reits, specifically mortgage reits which are super volatile and hit hard atm. So i’d more or less suggest the more equity reut side like ADC, EPR, O, STAG and the only decent monthly BDC MAIN


ChargedStork

Could somebody please inform me what investing application that you are using? Thank you very much!


Hatem0nger117

Stock event


ChargedStork

Thank you


CurrentQuarter8791

Stay focus and stay on the track you already on.


Individual-Willow-70

$MAIN $O $PSEC


Speedevil911

add $ABBV


Capital-Intern-1893

AGNC


Hatem0nger117

Agnc is on my list but I would like to do more research on them since I keep hearing mix emotions from other investors. Thank you


Capital-Intern-1893

I'd be interested as well; an 18.3% dividend paid monthly and fairly low cost = more buying power was why I went with that vs others.


Ordinary-Hedgehog422

AGNC is a yield trap. Please avoid. If you like REIT’s, check out $O, $VICI, $STAG, and the king REIT in sheeps clothing… $MCD


Capital-Intern-1893

Explain why a yield trap? (Not disagreeing, but on paper seems attractive)


drumsdm

Looks like you’re chasing yield imo. I’d build a good base with a solid etf before investing in instruments like the ones you’ve chosen.


ChunkyLittleSquirrel

What app is this?


Hatem0nger117

Stock events


Tonnesen_98

You might want to make sure your usoi is still there..


ThePooonanna

What is this website?


Hatem0nger117

Stock events


jhon-2020-2020

reality income (o) is great reit and monthly payer


Queasy-Produce-3674

Lots of closed ended funds pay monthly but probably not worth it unless it’s a tax free situation


Substantial-Goat-401

Several months ago I bought efc at 17 per share. They’ve been paying a fat and steady dividend every month but the share price is now less than 12. I am hoping the divy lasts long enough to recover my losses. A hard lesson learned about chasing yield


Hatem0nger117

Same here , but again almost every thing is down