These Monthly Dividend Stocks Have NEVER Been Cut

With more and more analysts talking about the possibility of a bear market approaching, a lot of people have been looking for stocks that have a long history of delivering consist monthly dividends to shareholders, or even better, without ever having to reduce or even suspend their dividend. With nearly every stock across every sector being down for the year, this means that many are basically on sale for a reduced amount. And if you can manage to pick up some shares at these discounted rates, you can basically collect more dividends every month.

So with that being said, I decided to go on the hunt, searching through monthly dividend stocks and in today’s video we’re gonna take a look at four stocks that pay dividends monthly and as of the making of this video, have never cut their dividend at any time in their history. It doesn’t necessarily mean that they’ve grown their dividend every year, but up until this point they’ve never had to reduce it regardless of economic conditions. This indicates that these companies have some pretty stellar management teams behind them that have been doing a really good job at running their organizations. Plus given the market sell off this year, all of these stocks currently yield at least 4% with one even currently yielding over 9%

But it’s important to keep in mind that just because these stocks have never reduced their dividend amounts doesn’t mean they won’t ever cut their dividend. Companies are never required to pay out dividends to shareholders and can freely reduce or even eliminate their dividend distributions. But these companies we’re gonna take a look at have such a long history of consistent payments that it seems unlikely they’d reduce their dividends unless they all of a sudden go through some pretty significant difficulties. These companies made it through the pandemic and some even went through the 2008 financial crisis without having to reduce their dividends.

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