Investors may say they want growth—but there’s something alluring about income. That’s because, whether a stock goes up or down, getting regular cash payments from an investment shows that it’s the real deal. A company can restate its earnings, and growth can fade, but once they’ve paid you the cash, you have it.
It’s the ultimate reward for ownership, as it can be used however you wish—to spend, to buy more shares, you name it.
While most companies pay dividends quarterly, there are a few that pay monthly. More interestingly, there are a number of ETFs that play monthly, so you can get a paycheck in as often as your bills go out—but with the twist of a diversified holding. We’ve found three interesting ETFs that may make sense for you now.