5 Stocks that Pay Dividends Monthly

1. Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE)

Number of Hedge Fund Holders: N/A
Dividend Yield: 26.63%

Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. (NYSE: MIE) is an investment company that manages alternative income and assets that aim to provide alpha, diversification, and income.  The company operates as a closed-end exchange-traded fund that is non-diversified. The fund primarily invests in opportunities worldwide that require local insights and knowledge

Cohen & Steers MLP Income and Energy Opportunity Fund, Inc. board of directors announced dividend payouts at $0.015 per share, payable on April 30, and $0.015 per share, payable on May 28. Earlier this year, the board announced its first monthly distribution at $0.130 per share paid out in January, February, and March.  So far, it has demonstrated its commitment as one of the stocks that pay dividends monthly. The fund has been operating under New York Stock Exchange listing since October last year. The company proposed the liquidation of its MLP/midstream fund in February 2020 due to underperformance.

You can also take a peek at 10 Best Dividend Stocks Under $20 and Top 10 Dividend Stocks That Pay Monthly.

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