Financial markets across the globe are unstable since the novel coronavirus hit. Fortunately, when markets wobble, investors have a simple solution to steady their portfolios by buying the best monthly dividend stocks.
Because their financials must support a monthly dividend payment, the companies in this space are stable by nature. Their operations are steady, their fundamentals are positioned for the long term, and their cash flows are consistent. Such stability should be highly attractive to investors amid recent market instability.