U.S. Markets closed

iShares Preferred and Income Securities ETF (PFF)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
36.22-0.01 (-0.03%)
At close: 4:00PM EDT

36.34 +0.12 (0.33%)
After hours: 7:58PM EDT

Full screen
Loading interactive chart...
  • Some Inflation Is Better Than None
    Kiplinger

    Some Inflation Is Better Than None

    A bit of inflation should be a plus for investors seeking higher income.

  • 52 Super Deals and Discounts for 2020
    Kiplinger

    52 Super Deals and Discounts for 2020

    With a special nod to those of you spending more time at home, we found dozens of deals and discounts, plus ways to save (or make) money.

  • 11 Monthly Dividend Stocks and Funds for Reliable Income
    Kiplinger

    11 Monthly Dividend Stocks and Funds for Reliable Income

    Your bills generally come monthly. Your mortgage, your car payment, your utility bills ... even the gym membership and Netflix subscription come due once per month.Yet that's not how most investments typically work. Bonds tend to pay their coupon payments semiannually, and stocks tend to pay their dividends quarterly. You can get paid much more frequently, however. A number of monthly dividend stocks and funds can help you better align your investment income with your living expenses.Investors received a stark reminder of how important stable income is during the market turmoil of February and March. Not only did the stock market take a nosedive, but many seemingly reliable dividend payers were forced to cut or suspend their payouts.Furthermore, the coronavirus lockdowns have disrupted the livelihoods of millions of Americans, leaving many to dip into already depleted portfolios to pay their bills."Income security is the single biggest concern I'm hearing from my clients," says Sonia Joao, a wealth manager based in Houston, Texas. "Many of my clients are at that critical age when they become targeted for early retirement, and that's now more likely than ever with companies being forced to reduce headcount. Replacing that lost income is our top priority."Today, we're going to take a look at 11 of the best monthly dividend stocks and funds that have so far managed the coronavirus with their payouts intact. Not all of these will be exceptionally high yielders. In this environment, it's better to take a lower but reliable yield than to reach for an unrealistically high yield, only to watch it evaporate before the next payment. SEE ALSO: 32 Ways to Earn Up to 9% on Your Money Now