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Anonymous
Hi, I'd like to know more if there are any shares or REITS that gives monthly dividend as I'd like to clock it as my investment category for DBS Multiplier account. Thank you!
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Eric Ong
08 Oct 2019
Project Analyst at 8Bit Global
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Elijah Lee
20 Sep 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
Hello, no, unfortunately, there aren't any, but what you can do is to either layer 6 SSBs one month apart, or buy different shares/REITs that pay in different months so that you can achieve the same effect. Having said that, REITs and stocks don't have fixed payout dates either, so it might not be the best option.
Depending on your capital, 6 SSBs might be a cheaper and safer option for this purpose, as you only need to put in a token amount to achieve the payouts. The application cost of the SSBs will be more than offset by the additional interest from the fulfilment of the bonus category.
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For Singapore REITs, there isn't
However, there are US REITs that give out a monthly dividend. Realty Income (O)
They are so proud that even they make it as their company tagline
https://www.realtyincome.com/Home/default.aspx