What are some of the more consistent, reliable, monthly dividend paying stocks today?

Oldman answered 10 months ago …

For a tax-shelterd account, don't put the MLPs there. There are the parents (regular companies that pay regular dividends, not sending out K-1 forms) of Enterprise and Kinder Morgan (EEQ and KMR), plus the funds KYE (Kayne Anderson) and TYG (Tortoise Infrastructure) whih hold baskets of MLP's and other high dividend payers, which can be held without tax-problems in a tax-sheltered acct.

Other suggestions are the Canadian Royalty trusts: ERF, AtlanticPower (ATPWF.PK), Pembina Pipelines (Pembif.pk), Vermillion Energy (VETMF.PK). Their share prices vary, but you can look them up at

http:///www.stockcharts.com

and scroll down the alphabetical symbol listings,

for those that only have "pink sheet"..xxxx.pk listings here on the Nasdaq OTCBB. These aren't fly-by-nights, and in a taxable account, the 15% withheld on the dividends by Canada are a tax credit on the U.S. 1040.

Others include Southern Co (a U.S. utility) and EXL (Excel Energy); the "monthly dividend company" (for a sheltered account = symbol "O", because as a REIT, its dividends are taxed at marginal rates.

In the Telco sector VZ and WIN are reliable payers; If you want to do DRIPS, check the company sites.