Monthly dividend ETFs: Top 5 Highest Monthly dividend ETFs
Monthly dividend ETFs: Top 5 Highest Monthly dividend ETFs. Are you tired of waiting for quarterly dividends from your stock portfolio? Want to boost your income flow with more frequent payouts? Well, hold onto your hat because we’re about to take you on a wild ride to discover the top 5 highest monthly dividend ETFs!
Monthly dividend ETFs: Top 5 Highest Monthly dividend ETFs
Dividend ETFs have become increasingly popular among investors looking to supplement their income with regular payouts. And what could be better than a monthly dividend payout? It’s like getting a small salary every month, only better! You don’t have to do any work, and you get to sit back and watch your investments grow.
So, without further ado, let’s dive into the world of monthly dividend ETFs and see which ones come out on top.
#5: Global X SuperDividend ETF (SDIV)
Kicking off our list at number 5 is the Global X SuperDividend ETF. This ETF invests in 100 of the highest yielding dividend-paying stocks from around the world. With a yield of 6.59%, this ETF pays out a monthly dividend that is sure to put a smile on your face.
#4: First Trust Preferred Securities and Income ETF (FPE)
Next up, we have the First Trust Preferred Securities and Income ETF, coming in at number 4. This ETF invests in preferred stocks, which are a type of stock that gives its owners priority over common stockholders when it comes to dividends and assets. With a yield of 7.19%, this ETF pays out a monthly dividend that is sure to keep you coming back for more.
#3: VanEck Vectors Preferred Securities ex Financials ETF (PFXF)
At number 3, we have the VanEck Vectors Preferred Securities ex Financials ETF. As the name suggests, this ETF invests in preferred stocks, but with a twist. It only invests in preferred stocks that are not part of the financial sector. With a yield of 7.37%, this ETF pays out a monthly dividend that is sure to make your wallet happy.
#2: iShares U.S. Preferred Stock ETF (PFF)
At the runner-up position, we have the iShares U.S. Preferred Stock ETF. This ETF invests in a portfolio of U.S. preferred stocks, providing investors with a diversified source of income. With a yield of 7.55%, this ETF pays out a monthly dividend that is sure to keep you on the edge of your seat.
#1: Invesco Preferred ETF (PGX)
And finally, drumroll please… coming in at number 1, we have the Invesco Preferred ETF! This ETF invests in a portfolio of preferred stocks from around the world, providing investors with a diversified source of income. With a whopping yield of 7.57%, this ETF pays out a monthly dividend that is sure to leave you feeling like a winner.
So there you have it, folks! The top 5 highest monthly dividend ETFs. Now that you know the players, you can start building your portfolio and sit back, relax, and watch the dividends roll in.
Final thoughts
In conclusion, monthly dividend ETFs are a great way to supplement your income and build your wealth. So why not give them a try and see how they can benefit your financial future? With the right strategy and a little bit of luck, you might just be on your way to financial freedom!
You might want to look at Nonqualified dividends
