2 Financial Stocks to Buy That Pay a Dividend Every Month
Most dividend stocks pay investors every three months. Main Street Capital (NYSE: MAIN) and Gladstone Investment (NASDAQ: GAIN) do it every month. Both are business development companies , or BDCs, which provide capital to businesses that often have limited access to traditional financing. And because BDCs generally distribute most of their taxable income to shareholders, they can offer dividend yields considerably higher than the broader market. Here's a closer look at both of them. Continue reading