Milestonecapitalgrowthportfolio.com is pleased to update our members to other possible long term investment opportunities. This article will be concentrating on the area of Monthly Dividends. Using technical analysis one can easily enter into a position and reap the rewards of being paid a small monthly dividend. While we are not recommending any particular investment vehicle we are offering a glance into some potential opportunities within this spectrum. Most investors already know about stocks that pay quarterly or yearly dividends but few know about the value of lower priced income funds that pay monthly dividends. It is our hope that you will find this article informative and educational.
One way to create the most steady income stream possible in your portfolio is to buy stocks that pay a monthly dividend. However, not every stock with a monthly payout is a suitable investments for every investor. Some monthly dividend stocks are quite safe, while others are more speculative and should be avoided by risk-averse investors.
Here’s an overview of the types of stocks that pay monthly dividends, along with some information to help you determine which could be good investments for you. This list is a sampling of what is available and has passed our criteria to be put on a list.
List is sorted by yield May 3, 2016
| Symbol | Name | Exchange | Close | Volume | Yield | |
| EDI | Stone Harbor Emerging Markets Total Income Fund | NYSE | 12.87 | 40399 | 14.045 | |
| PHK | PIMCO High Income Fund | NYSE | 9.45 | 270357 | 13.138 | |
| ACP | Avenue Income Credit Strategies Fund | NYSE | 11.42 | 41365 | 12.457 | |
| EHI | Western Asset Global High Income Fund Inc. | NYSE | 9.33 | 42154 | 12.379 | |
| GGN | Gabelli Global Gold Natural Resources And Income Trust | AMEX | 6.51 | 1102467 | 12.263 | |
| HIE | Miller/Howard High Income Equity Fund | NYSE | 11.51 | 53826 | 11.948 | |
| CHW | Calamos Global Dynamic Income Fund | NASD | 7.03 | 75765 | 11.848 | |
| CHI | CALAMOS Convertible Opportunities and Income Fund | NASD | 9.7 | 180508 | 11.765 | |
| CHY | CALAMOS Convertible and High Income Fund | NASD | 10.21 | 160067 | 11.673 | |
| INF | Brookfield Global Listed Infrastructure Income Fund Inc. | NYSE | 11.91 | 39918 | 11.66 | |
| HIX | Western Asset High Income Fund II Inc. | NYSE | 6.83 | 138642 | 11.565 | |
| IVH | Ivy High Income Opportunities Fund | NYSE | 13.112 | 40163 | 11.407 | |
| EXG | Eaton Vance Tax Managed Global Diversified Equity Income Fund | NYSE | 8.685 | 290526 | 11.188 | |
| JGH | Nuveen Global High Income Fund | NYSE | 14.25 | 21828 | 11.054 | |
| JTP | Nuveen Quality Preferred Income Fund | NYSE | 8.441 | 133482 | 11.035 | |
| PHT | Pioneer High Income Trust | NYSE | 9.9 | 377639 | 10.93 | |
| CIF | MFS Intermediate High Income Fund | NYSE | 2.45 | 24098 | 10.9 | |
| PFL | PIMCO Income Strategy Fund | NYSE | 10.04 | 61401 | 10.757 | |
| PCI | PIMCO Dynamic Credit Income Fund | NYSE | 18.296 | 266964 | 10.747 | |
| PFN | PIMCO Income Strategy Fund II | NYSE | 9.04 | 97566 | 10.631 | |
| BWG | Legg Mason BW Global Income Opportunities Fund Inc. | NYSE | 12.54 | 57227 | 10.594 | |
| EAD | Wells Fargo Advantage Income Fund, Inc. | AMEX | 7.74 | 57920 | 10.529 | |
| BOI | Brookfield Mortgage Opportunity Income Fund Inc. | NYSE | 14.77 | 17504 | 10.305 | |
| AGC | Advent/Claymore Global Convertible Securities & Income Fund | NYSE | 5.53 | 37709 | 10.181 | |
| DSL | DoubleLine Income Solutions Fund | NYSE | 17.72 | 227458 | 10.147 | |
| KIO | KKR Income Opportunities Fund | NYSE | 14.78 | 18430 | 10.115 | |
| FEI | First Trust MLP and Energy Income Fund | NYSE | 14.23 | 59376 | 10.033 | |
| AIF | Apollo Tactical Income Fund Inc. | NYSE | 13.92 | 28404 | 10.014 | |
| ETY | Eaton Vance Tax-Managed Diversified Equity Income Fund | NYSE | 10.3 | 185340 | 9.802 | |
| PDI | PIMCO Dynamic Income Fund | NYSE | 27.442 | 55809 | 9.639 | |
| DEX | Delaware Enhanced Global Dividend & Income Fund | NYSE | 9.3 | 21131 | 9.636 | |
| PCN | PIMCO Corporate Income Fund | NYSE | 14.36 | 48696 | 9.408 | |
| ERC | Wells Fargo Advantage Multi-Sector Income Fund | AMEX | 12.43 | 29331 | 9.306 | |
| MIN | MFS Intermediate Income Fund | NYSE | 4.67 | 75300 | 9.231 | |
| MMT | MFS Multi Market Income Fund | NYSE | 5.84 | 86442 | 9.222 | |
| EVV | Eaton Vance Limited Duration Income Fund | AMEX | 13.27 | 174896 | 9.183 | |
| MCR | MFS Charter Income Fund | NYSE | 8.25 | 12891 | 9.087 | |
| PCEF | PowerShares CEF Income Composite Portfolio | NYSE | 21.734 | 16909 | 8.866 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | NYSE | 19.868 | 54776 | 8.775 | |
| BIT | Blackrock Multi-Sector Income Trust | NYSE | 16.1 | 32855 | 8.682 | |
| FPF | First Trust Intermediate Duration Preferred & Income Fund | NYSE | 22.566 | 77092 | 8.602 | |
| BGX | Blackstone / GSO Long Short Credit Income Fund | NYSE | 13.98 | 8861 | 8.448 | |
| JRI | Nuveen Real Asset Income and Growth Fund | NYSE | 15.756 | 13139 | 8.339 | |
| SBW | Western Asset Worldwide Income Fund Inc. | NYSE | 10.46 | 42235 | 8.27 | |
| JPI | Nuveen Preferred and Income Term Fund | NYSE | 23.73 | 18106 | 8.268 | |
| AWF | AllianceBernstein Global High Income Fund, Inc. | NYSE | 11.85 | 134786 | 8.189 | |
| AVK | Advent Claymore Convertible Securities and Income Fund | NYSE | 13.75 | 57995 | 8.159 | |
| EOS | Eaton Vance Enhanced Equity Income Fund II | NYSE | 12.83 | 31801 | 8.127 | |
| DFP | Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated | NYSE | 23.9 | 31899 | 8.023 | |
| LDP | Cohen & Steers Limited Duration Preferred and Income Fund, Inc. | NYSE | 23.41 | 23352 | 8.021 | |
| MGF | MFS Government Markets Income Fund | NYSE | 5.305 | 30596 | 7.905 | |
| JQC | Nuveen Multi-Strategy Income and Growth Fund 2 | NYSE | 7.83 | 290812 | 7.823 | |
| VVR | Invesco Senior Income Trust | NYSE | 4.06 | 550952 | 7.647 | |
| JRO | Nuveen Floating Rate Income Opportunity Fund | NYSE | 10.07 | 69672 | 7.5 | |
| FSD | First Trust High Income Long/Short Fund | NYSE | 14.61 | 116501 | 7.342 | |
| BTZ | BlackRock Credit Allocation Income Trust IV | NYSE | 12.68 | 159664 | 7.215 | |
| GDV | Gabelli Dividend & Income Trust | NYSE | 18.41 | 61621 | 7.12 | |
| PIM | Putnam Master Intermediate Income Trust | NYSE | 4.41 | 70905 | 7.091 | |
| BLW | Blackrock Limited Duration Income Trust | NYSE | 14.89 | 60539 | 7.002 | |
| NSL | Nuveen Senior Income Fund | NYSE | 5.96 | 89615 | 6.977 | |
| JFR | Nuveen Floating Rate Income Fund | NYSE | 10.3 | 52015 | 6.963 | |
| MDIV | First Trust Multi-Asset Diversified Income Index Fund | NASD | 18.93 | 37587 | 6.872 | |
| EFT | Eaton Vance Floating Rate Income Trust | NYSE | 13.14 | 27982 | 6.727 | |
| EVF | Eaton Vance Senior Income Trust | NYSE | 5.86 | 23828 | 6.723 | |
| FCT | First Trust/Four Corners Senior Floating Rate Income Fund II | NYSE | 12.69 | 37831 | 6.604 | |
| NMZ | Nuveen Municipal High Income Opportunity Fund | AMEX | 14.107 | 110765 | 6.459 | |
| FTF | Franklin Templeton Limited Duration Income Trust | AMEX | 11.535 | 24956 | 6.436 | |
| HTD | John Hancock Tax- Advantaged Dividend Income Fund | NYSE | 23.82 | 28296 | 6.124 | |
| VKI | Invesco Advantage Municipal Income Trust II | AMEX | 12.84 | 41234 | 6.07 | |
| FPE | First Trust Preferred Securities and Income ETF | AMEX | 18.9 | 147771 | 6.007 | |
| MAV | Pioneer Municipal High Income Advantage Trust | NYSE | 14.052 | 16595 | 5.996 | |
| MHI | Pioneer Municipal High Income Trust | NYSE | 14.12 | 12305 | 5.953 | |
| KTF | Deutsche Municipal Income Trust | NYSE | 14.215 | 29522 | 5.915 | |
| PMX | PIMCO Municipal Income Fund III | NYSE | 12.629 | 19422 | 5.915 | |
| BFK | BlackRock Municipal Income Trust | NYSE | 15.59 | 60657 | 5.825 | |
| BLE | BlackRock Muni Income Fund | AMEX | 16.31 | 17033 | 5.791 | |
| CXE | MFS High Income Municipal Fund | NYSE | 5.29 | 21825 | 5.778 | |
| IQI | Invesco Quality Municipal Income Trust | NYSE | 13.519 | 66712 | 5.624 | |
| FRA | Blackrock Floating Rate Income Strategies Fund Inc. | NYSE | 13.24 | 55319 | 5.52 | |
| BGT | BlackRock Floating Rate Income Trust | NYSE | 12.864 | 38093 | 5.436 | |
| MFM | MFS Municipal Income Fund | NYSE | 7.299 | 35350 | 5.402 | |
| VCV | Invesco California Value Municipal Income Trust | NYSE | 14.03 | 48469 | 5.388 | |
| RIT | LMP Real Estate Income Fund Inc. | NYSE | 13.84 | 32640 | 5.255 | |
| OIA | Invesco Municipal Income Opportunities Trust | NYSE | 7.68 | 51442 | 5.132 | |
| AFB | AllianceBernstein National Municipal Income Fund, Inc. | NYSE | 14.885 | 38301 | 5.008 | |
| BKT | BlackRock Income Trust, Inc. | NYSE | 6.55 | 49297 | 4.877 | |
| IIM | Invesco Value Municipal Income Trust | NYSE | 17.26 | 9427 | 4.853 | |
| GIM | Templeton Global Income Fund, Inc. | NYSE | 6.48 | 73594 | 4.63 | |
| O | Realty Income Corp. | NYSE | 62.66 | 1226930 | 3.933 | |
| RIGS | RiverFront Strategic Income Fund | AMEX | 24.535 | 8676 | 3.773 |
