10 Monthly Dividend Stocks to Buy in September

Published on September 6, 2022 at 9:50 am by Vardah Gill in Hedge Funds, News

In this article, we discuss 10 monthly dividend stocks to buy in September. You can skip our detailed analysis on dividend investing, and go directly to read 5 Monthly Dividend Stocks to Buy in September.

Dividend stocks are on investors’ radars due to rising inflation and the risks of a possible recession. Investors are holding onto defensive securities with stable cash flows and strong fundamentals to deal with the market volatility smoothly. The companies that offer monthly dividends are appealing to investors as payouts every month are helpful in efficient budgeting.

Dividend stocks have proved to be income-generating assets in times of market clampdown. According to S&P Dow Jones Indices and Bureau of Economic Analysis data, dividend payments as a part of personal income surged to 7.3% in the first quarter this year, compared with 3.2% in the first quarter of 1980. Ross Frankenfield, a managing director of Harbor Capital Advisors, talked to Wall Street Journal about dividend investments and said that investors are turning to dividend companies to generate fixed income in these times. According to Howard Silverblatt, senior index analyst for S&P Dow Jones Indices, the companies in the index will spend over $500 billion in dividends this year and over $1 trillion on share buybacks, which takes the total to $1.5 trillion. This shows that companies are steadily raising their dividends to attract income investors.

Dividend stocks have delivered positive returns in the past, making up 32% of the monthly total return of the S&P 500 from 1926 to June 2021, as reported by S&P Dow Jones Indices. The report further mentioned that dividend income represented over one-half of the total return of the broader index in decades like the 1940s and 1970s. In inflationary periods, dividend stocks become famous as they promise regular income to investors. According to a report by Wall Street Journal, the S&P 500 dividend growth has outpaced inflation since 2000, becoming a lucrative opportunity for investors. Some of the dividend stocks that are gaining traction amongst investors include The Coca-Cola Company (NYSE:KO), Johnson & Johnson (NYSE:JNJ), and The Procter & Gamble Company (NYSE:PG) due to their consistent dividend growth. However, in this article, we will discuss monthly dividend stocks to buy in September.

Photo by Artem Beliaikin on Unsplash

Our Methodology:

In this article, we selected dividend stocks with monthly payouts. These companies have strong financials and solid balance sheets, which is rewarding for investors in times of financial uncertainty. The stocks are ranked according to their dividend yields, as recorded on September 5.

Monthly Dividend Stocks to Buy in September

10. Realty Income Corporation (NYSE:O)

Dividend Yield as of September 5: 4.39%

Realty Income Corporation (NYSE:O) is an American real estate investment trust that invests in single-tenant commercial properties in the US. In Q2 2022, the company’s AFFO per share grew by 10.2% to $0.97 per share. Its revenue for the quarter stood at $810.4 million which showed a 74.9% year-over-year growth. In addition to this, the company also invested nearly $1.7 billion in 237 properties.

On August 16, Realty Income Corporation (NYSE:O) declared a monthly dividend of $0.2475 per share, in line with its previous dividend. The company has been raising its dividends consistently since its IPO in 1994. As of September 5, the stock’s dividend yield came in at 4.39%.

In June, Jefferies reiterated its Buy rating on Realty Income Corporation (NYSE:O), mentioning that the REIT sector has delivered robust returns during past stagflation periods.

As per Insider Monkey’s Q2 2022 database, 19 hedge funds owned stakes in Realty Income Corporation (NYSE:O), down from 22 in the previous quarter. The consolidated value of these stakes is over $200.7 million. Citadel Investment Group was the company’s leading stakeholder in Q2.

In addition to famous dividend stocks like The Coca-Cola Company (NYSE:KO), Johnson & Johnson (NYSE:JNJ), and The Procter & Gamble Company (NYSE:PG), Realty Income Corporation (NYSE:O) is a prominent stock for monthly income.

9. STAG Industrial, Inc. (NYSE:STAG)

Dividend Yield as of September 5: 4.83%

STAG Industrial, Inc. (NYSE:STAG) is a Boston-based real estate investment trust that invests in industrial properties throughout the US. In July, Ladenburg raised its price target on the stock to $35.50 with a Buy rating on the shares, appreciating the company’s performance this year.

In Q2 2022, STAG Industrial, Inc. (NYSE:STAG) reported revenue of $161.5 million, showing a 16.7% year-over-year growth. The company’s net operating income also grew by 18.6% to $129 million. Moreover, its cash and cash equivalents came in at $12.6 million and its total assets amounted to $6.1 billion.

STAG Industrial, Inc. (NYSE:STAG) has been raising its dividends consistently for the past 4 years. It currently pays a monthly dividend of $0.1217 per share and has a dividend yield of 4.83%, as of September 5.

As per Insider Monkey’s Q2 2022 database, 27 hedge funds owned nearly $380 million worth of stakes in STAG Industrial, Inc. (NYSE:STAG). In the previous quarter, 21 hedge funds owned stakes in the company, worth $528.6 million.

Carillon Tower Advisers mentioned STAG Industrial, Inc. (NYSE:STAG) in its Q1 2022 investor letter. Here is what the firm has to say:

“U.S. and around the world, and the higher inflation this cycle than in 2000. Labor inflation and general labor availability were again concerns for many companies. Supply chains eased for some goods, but remained challenged for many commodities including energy, agriculture, and fertilizer due to war and general scarcity, and also in many consumer products as semiconductors remained in short supply. Stag Industrial (NYSE:STAG), a warehouse REIT focused on rural distribution properties, fell as interest rates rose and fear of an economic slowdown gripped markets.”

8. Apple Hospitality REIT, Inc. (NYSE:APLE)

Dividend Yield as of September 5: 5.44%

Apple Hospitality REIT, Inc. (NYSE:APLE) is a Virginia-based real estate investment trust that owns one of the most diverse portfolios of room-focused hotels in the US. On August 17, the company announced a 40% hike in its monthly dividend to $0.07 per share. As of September 5, the stock’s dividend yield stood at 5.44%.

At the end of Q2 2022, Apple Hospitality REIT, Inc. (NYSE:APLE) reported nearly $1.6 million in cash and cash equivalents and its total assets came in at $4.7 billion. The company’s revenue for the quarter showed a 23.1% year-over-year growth at $337.6 million. Its total credit facility stood at $1.2 billion.

In August, Wells Fargo upgraded Apple Hospitality REIT, Inc. (NYSE:APLE) to Equal Weight while lifting the stock’s price target to $17.

The number of hedge funds tracked by Insider Monkey owning stakes in Apple Hospitality REIT, Inc. (NYSE:APLE) jumped to 20 in Q2 2022, from 17 in the previous quarter. The combined value of these stakes is over $112 million. Israel Englander, Steve Cohen, and Jim Simons were the company’s leading stakeholders in Q2.

7. Main Street Capital Corporation (NYSE:MAIN)

Dividend Yield as of September 5: 6.39%

An American principal investment firm, Main Street Capital Corporation (NYSE:MAIN) raised its monthly dividend by 2.31% in August to $0.22 per share. In addition to this, the company also announced a supplemental dividend of $0.10 per share. The stock’s dividend yield was recorded at 6.39% on September 5.

In Q2 2022, Main Street Capital Corporation (NYSE:MAIN) reported a net asset value of $25.3 per share and a net investment income of $54.7 million. The company’s revenue for the quarter stood at $85.2 million, up 26.6% from the same period last year. It ended the quarter with $43.4 million in cash and cash equivalents.

At the end of June 2022, 5 hedge funds tracked by Insider Monkey owned stakes in Main Street Capital Corporation (NYSE:MAIN), down from 9 in the previous quarter. The collective value of these stakes is over $19.3 million.

6. EPR Properties (NYSE:EPR)

Dividend Yield as of September 5: 7.82%

EPR Properties (NYSE:EPR) is a Missouri-based real estate investment trust that invests in amusement parks, movie theatres, and other entertainment properties. In August, BofA maintained a Buy rating on the stock as entertainment companies are reopening after the pandemic, which would contribute to its revenue.

EPR Properties (NYSE:EPR) reported revenue of $160.4 million, up from $125.3 million during the same period last year. The company’s cash on hand stood at $168.3 million and had $1 billion in the credit facility. In the first six months of the year, it paid $27.1 million in dividends, compared with $24.9 million at the end of December 2021.

EPR Properties (NYSE:EPR) has been raising its dividends consistently for the past 10 years. It currently pays a monthly dividend of $0.275 per share, with a dividend yield of 7.82%, as recorded on September 5. The company can be a good addition to dividend portfolios among The Coca-Cola Company (NYSE:KO), Johnson & Johnson (NYSE:JNJ), and The Procter & Gamble Company (NYSE:PG).

At the end of Q2 2022, 22 hedge funds tracked by Insider Monkey reported owning stakes in EPR Properties (NYSE:EPR), compared with 25 in the previous quarter. The consolidated value of these stakes is over $144.1 million. Renaissance Technologies was the company’s largest stakeholder in Q2.

Click to continue reading and see 5 Monthly Dividend Stocks to Buy in September.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on May 1, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

Published on May 2, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up