Any new stocks added that people are aware of?
Didn’t find new one. But in UK use FCPT.
I sold FCPT for a 7p profit, I have other higher paying dividend shares.
Are these also monthly dividend shares?
I think 1-2 of my ETF’s do, but mainly my share portfolio has higher paying annual shares.
Can you share that two monthly dividends?
Realty income div= 3.8%
LTC properties div= 5.14%
Shaw div= 4.42%
PBA div= 4.68%
Main div= 6.2%
I absolutely support the idea of REITs and any other real estate company that pays monthly dividends. This is a great add to any investment portfolio. Real estate exposure 5-10% of portfolio long-term will yield great results and provide cash even during hard times.
Some good suggestions are Real Income Corporation (NYSE: O) the dividend is not extremely high (roughly 4%) but return on investment can be good.
AGNC has a high yield (11%ish) but stock has been performing poorly.
In general, the best would a balance where there is a decent yield (above 3-4%) and a positive return, more of a leader rather than a laggard.
Some of those companies are quite good an addition like this would be awesome.
Vanguard Funds Corporate Bond ETF (VUCP) also pays monthly, with a current yearly yield of 3.56%.
The amount and risk will depend on what you have to invest overall really.
I don’t think any of these are available on FT?
Have a look at this video which highlights a few funds that pay monthly, and a picking of companies that pay dividends quarterly such that you get multiple income deposits every month. It’s also specifically targeted at Freetrade users: https://www.youtube.com/watch?v=peIMH7G3f6I
Everyone is saying FCPT Commercial Properties is paying a monthly paying dividend…
I can only find BCPT Commercial Properties on the Freetrade App which I think is a yearly paying dividend…
Am I missing something? Is FCPT no longer available? Are Freetrade discontinuing some stocks because I have found this on a few stocks now
Old management Company = Foreign & Colonial. (F)
New Company = BMO (B)
FCPT became BCPT
I think they suspended dividends?
I think halved it iirc
Yep. Buyer beware.
Just because something pays a shiny dividend monthly doesn’t mean
- it’s a good idea for you to buy
- the premium/discount isn’t wild
- they will continue to pay the same amount indefinitely
- that commercial property is a business model you want to expose yourself to at this moment in time
- that dividends aren’t or won’t be subsidised by capital reduction
- that exchanging an income tax liability is a better idea than capital gains liability (wrapper dependant)
But , hey! It pay’s monthly (and that both “pays” and “monthly” in extra shiny quotations for added sarcastic effect)
That said, I’ve held FCPT / BCPT before.
Would I want to now? Dunno. The need to reduce the discount via buybacks looks like the play here…rather than the dividend