7 Highest Paying Monthly Dividend Stocks for 2024 [Video]

The highest paying monthly dividend stocks pay as much as 14% yield, enough to live off your dividends but is there a hidden trap? I’ll reveal 7 high yield monthly stocks and how to invest. ⏩ Make an Investing Plan Right for YOU! 5-Minutes to a Personal Investing Plan https://mystockmarketbasics.com/quick-start-plan

The only thing better than #dividendstocks is getting your #dividends every single month with these monthly payers. Most of these monthly dividend stocks are special types of companies that pay almost all their profits out as cash flow to investors. It’s a great way to get the highest #dividend possible and pay your bills but there is a hidden danger in these. Many cut their dividends regularly and the stock price may go nowhere. Worse still is the giant bite out of your dividends from taxes every year. I’ll show you how to get around these dividend problems and how to invest along with revealing the highest yield dividend stocks to buy.

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0:00 Highest Paying Monthly Dividend Stocks List
0:26 Two Monthly Dividend Stocks with High Returns
3:06 How to Find the Highest Yield Monthly Dividend Stocks
5:41 One of the Safest Monthly Dividend Stocks
6:35 Highest Return Monthly Dividend Stock
10:12 Why You May Not Want the Highest Paying Dividend Stocks
11:24 How to Find Your After-Tax Dividend Yield
13:17 Two Highest Paying Monthly Dividend Stocks

Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

Disclosures:
All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission.