Private equity has continued to fill the niche and grey area left by banks. Thanks to all the regulations and legislation from the Great Recession, banks have been prohibited from operating in a variety of financial areas. This has been a boon for those firms operating in this grey area. And our Best Monthly Dividend Stocks List pick is one of the best.
By providing capital and a variety of non-traditional loan types, our pick is filling the niche that banks simply cannot. The best part is our pick has a long history of strong underwriting, taking equity kickers, and making floating rate issues. This provides it with a great profit profile and strong cash flows to support shareholder rewards.
The best part is thanks to its tax structure, those rewards are great and flow right back into investors’ pockets monthly via a high 6.1% dividend yield. The next distribution comes on Friday, April 1 when it goes ex-dividend.
You can check out the Best Monthly Dividend Stocks List to explore all the stocks.
