Looking for the top performers in the world of monthly dividend investing? A well-covered mid-cap BDC has once again made its mark in the Best Monthly Dividend Stocks model portfolio. Boasting an impressive 7.12% forward dividend yield, which ranks it within the top 20% of dividend stocks, this financial powerhouse has been a consistent performer with a 12-year record of dividend increases.
Despite underperforming the S&P 500 and the BDC industry with a 3% return YTD, the robust dividend track record and high yield place it as an attractive choice for savvy investors.Brace yourselves as the stock just went ex-div last Tuesday with a special payout of $0.225/shr, payable today.
Our selection process, which optimizes for Yield Attractiveness and Dividend Safety, gives this stock a strong recommendation. But, is it the right choice for you? Dive into our in-depth stock analysis to discover more about this remarkable monthly payer.
