Monthly Dividend Stocks: 7 Picks For Steady Income

For this article, we first screened for monthly dividend stocks with yields above 3%, as of March 20. The stocks are ranked in ascending order of the upside potential as of March 20. Monthly dividend stocks could be more appealing to income investors than quarterly or semi-annual dividend stocks. This is because monthly dividend stocks make 12 dividend payments per year, instead of the usual 4 or 2.