<p>高质量的分红股票显然是寻求可靠收入的投资者的绝佳选择。而且，对于那些需要分红收入来覆盖不断上涨的生活成本的人来说，它们尤其是一个明智的选择。</p>
<p>然而，大多数分红股票的季度支付频率对于依赖分红收入来支付每月账单的人来说并不总是方便。</p>
<p>不过，有解决方案。虽然并不常见，但有几只分红股票是按月而不是按季度支付分红的。以下是这几只股票中最好的三只的详细介绍。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NzAvd3JpdGluZy1hLWNoZWNrLTIuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NzAvd3JpdGluZy1hLWNoZWNrLTIuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>1. Realty Income</h2>
<p><strong>Realty Income</strong>（O 0.17%）是从头开始建立的分红支付公司。</p>
<p>它不是一家典型的生产有收入产品或提供有收入服务的公司。相反，Realty Income 是一家房地产投资信托基金，简称 REIT。这意味着它拥有一系列产生租金的房地产，并将大部分每月租金利润分配给股东。</p>
<p>REIT 的种类繁多，从公寓大楼到办公楼再到酒店。即便在 REIT 标准中，这家公司也有些独特。Realty Income 专门将物业租给零售商。7-Eleven、<strong>Dollar General</strong>、<strong>Dollar Tree</strong> 和 <strong>Tractor Supply</strong> 是其主要租户，尽管没有单一租户占其收入的超过 4%，而且没有任何零售业务的部分占其业务的超过十分之一。</p>
<p>不过，整个零售行业不是都处于困境中吗？根据 Coresight Research，2024 年美国关闭了超过 7300 家门店。</p>
<p>这个统计数据是正确的，但并没有讲述整个故事。去年，美国还开设了超过 5900 家新店。所谓的零售末日更像是行业的精炼，留下了最强的品牌——这些品牌显然是 Realty Income 所服务的。截至第二季度末，该 REIT 的入住率达到了行业领先的 98.6%，即使在疫情影响的 2020 年，其平均入住率也保持在健康的 97.9%。</p>
<p>而且，其业务的强劲在股票的分红历史中显而易见。自 1969 年公司成立以来，Realty Income 不仅按时支付每月分红，而且在过去 30 年中每年都提高了年化分红。</p>
<p>新投资者在前瞻性分红收益率为 5.3% 时将会加入。</p>
<h2>2. EPR Properties</h2>
<p>与 Realty Income 类似，<strong>EPR Properties</strong>（EPR -0.28%）也是一家按月支付分红的 REIT。实际上，这两家机构的定位非常相似。它们的不同之处足以让投资者同时持有这两只股票。EPR Properties 专注于体验式娱乐。水上乐园、电影院、滑雪胜地、赌场、博物馆，甚至学校都在其物业内运营。</p>
<p>它的周期敏感性确实比 Realty Income 更强。但并没有你想象的那么严重。截至第二季度，99% 的物业已被出租，当前租赁协议的平均剩余期限为 12 年，其中大多数要求租户承担高度可变的费用，如税费、保险和维护。这是 EPR 的分红支付在（除了 COVID-19 疫情和 2007 年次贷危机等异常困难的情况下）保持相当健康的增长轨迹的一个重要原因。前瞻性收益率为 6.1% 当然进一步增强了看涨的理由。</p>
<p>你只需确保它不是你唯一拥有的分红支付股票，特别是如果你依赖分红收入来帮助支付大部分每月账单。</p>
<h2>3. Global X Nasdaq 100 Covered Call ETF</h2>
<p>最后，将 <strong>Global X Nasdaq 100 Covered Call ETF</strong>（QYLD 0.53%）添加到你的按月支付分红的股票名单中。</p>
<p>这不是一家传统公司。实际上，它甚至不是一家传统基金。相反，这只 ETF 旨在通过对其组成 <strong>Nasdaq-100</strong> 指数的股票（如 <strong>Nvidia</strong>、<strong>Microsoft</strong> 和 <strong>Apple</strong>）出售覆盖性看涨期权来实现盈利。</p>
<p>看涨期权（或看涨期权合约）是衍生投资，实际上是对基础股票或指数在未来某个时间点将被高估的押注。这些衍生品具有明确的市场价值；如果你想进行这样的押注，你需要支付购买特定看涨期权的费用。如果你判断正确，你可以以低于市场价格购买该股票，或者你可以简单地将你的看涨合约出售以获利。</p>
<p>不过，你不必仅仅是购买然后出售看涨期权。你可以先出售它们，然后在稍后以希望的较低价格回购它们。或者，如果你恰好拥有相关股票的股份，你可以将你的股份交给你出售看涨期权的对方。或者，在最佳情况下，你出售的看涨期权以现金形式到期而未被使用，从而消除你因出售 “由你持有的股票覆盖” 的看涨期权而产生的责任。</p>
<p>这就是 Global X 基金公司在 Global X Nasdaq 100 Covered Call ETF 上反复进行的操作。它通过出售看涨期权获得现金，实际上是将基金的个别股票作为抵押。一旦这些看涨合约到期，基金就会再次进行这样的操作，一次又一次。</p>
<p>而且，这种策略作为收入引擎的效果相当不错。过去 12 个月的平均分配收益率高达 13.6%。</p>
<p>只需确保你了解这种投资的内容——其每月支付可能相当不稳定。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f2821bdc2aeb5612e6080f8c50136f56.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f2821bdc2aeb5612e6080f8c50136f56.png"/></p>
<p>QYLD 分红数据来自 YCharts</p>
<p>尽管覆盖性看涨期权策略在横盘或熊市中往往优于市场，但在牛市中，积极应用的覆盖性看涨期权策略往往表现不佳，因为对股票持仓出售看涨期权通常意味着在股票上涨时放弃这些头寸。在这种情况下，你的表现将落后于纳斯达克 100 指数，而纳斯达克 100 指数很可能会引领市场的整体上涨。当然，你总是可以购买更多被迫放弃的这些股票。然而，如果你在牛市中这样做，你将为它们支付高昂的价格。</p>
<p>不过，考虑到其两位数的收益率，只要这不是你唯一的月收入持仓，这只 ETF 可能是值得的。</p>

O.PR

EPR房地产

<p>本文讨论了三只提供每月分红的股票，适合需要定期收入的投资者。重点介绍的股票包括：Realty Income，一家专注于零售物业的房地产投资信托，收益率为 5.3%；EPR Properties，投资于体验式娱乐，收益率为 6.1%；以及 Global X Nasdaq 100 Covered Call ETF，通过期权交易产生收入。这些期权提供了可靠的收入来源，特别适合面临生活成本上升的投资者</p>

<p>High-quality dividend stocks are obviously a great option for investors looking for reliable income. And, they're a particularly smart choice for anyone who needs dividend income to cover some or all of the ever-rising costs of living.</p>
<div class="lb-trans"><p>高质量的分红股票显然是寻求可靠收入的投资者的绝佳选择。而且，对于那些需要分红收入来覆盖不断上涨的生活成本的人来说，它们尤其是一个明智的选择。</p>
</div><p>The quarterly payment cadence of most dividend stocks, however, isn't always convenient for people who rely on dividend income to pay their monthly bills.</p>
<div class="lb-trans"><p>然而，大多数分红股票的季度支付频率对于依赖分红收入来支付每月账单的人来说并不总是方便。</p>
</div><p>There is an answer, though. While not exactly common, there are several dividend stocks that dish out their payments on a monthly rather than a quarterly basis. Here's a closer look at three of the best of these names.</p>
<div class="lb-trans"><p>不过，有解决方案。虽然并不常见，但有几只分红股票是按月而不是按季度支付分红的。以下是这几只股票中最好的三只的详细介绍。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NzAvd3JpdGluZy1hLWNoZWNrLTIuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833870%2Fwriting-a-check-2.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>1. Realty Income</h2>
<div class="lb-trans"><h2>1. Realty Income</h2>
</div><p><strong>Realty Income</strong>(O 0.17%) is built from the ground up to pay dividends.</p>
<div class="lb-trans"><p><strong>Realty Income</strong>（O 0.17%）是从头开始建立的分红支付公司。</p>
</div><p>It's not a typical company that makes a revenue-bearing product or provides a revenue-bearing service. Rather, Realty Income is a real estate investment trust, or REIT, for short. That just means it owns a portfolio of rent-bearing real estate and passes along the majority of its monthly rent-based profits to shareholders.</p>
<div class="lb-trans"><p>它不是一家典型的生产有收入产品或提供有收入服务的公司。相反，Realty Income 是一家房地产投资信托基金，简称 REIT。这意味着它拥有一系列产生租金的房地产，并将大部分每月租金利润分配给股东。</p>
</div><p>There are all sorts of REITs, ranging from apartment complexes to office buildings to hotels. Even by REIT standards, though, this one's a bit unique. See, Realty Income exclusively rents properties to retailers. 7-Eleven, <strong>Dollar General</strong>, <strong>Dollar Tree</strong>, and <strong>Tractor Supply</strong> are among its top tenants, although no single renter accounts for more than 4% of its revenue, and no sliver of the retail business makes up more than one-tenth of its business.</p>
<div class="lb-trans"><p>REIT 的种类繁多，从公寓大楼到办公楼再到酒店。即便在 REIT 标准中，这家公司也有些独特。Realty Income 专门将物业租给零售商。7-Eleven、<strong>Dollar General</strong>、<strong>Dollar Tree</strong> 和 <strong>Tractor Supply</strong> 是其主要租户，尽管没有单一租户占其收入的超过 4%，而且没有任何零售业务的部分占其业务的超过十分之一。</p>
</div><p>Still, isn't the entire retail industry on the ropes, with (according to Coresight Research) more than 7,300 U.S. storefronts shuttering in 2024?</p>
<div class="lb-trans"><p>不过，整个零售行业不是都处于困境中吗？根据 Coresight Research，2024 年美国关闭了超过 7300 家门店。</p>
</div><p>The statistic is true, but it doesn't tell the whole story. There were also more than 5,900 stores opened in the United States last year. The so-called retail apocalypse is more of a refining of the industry, leaving behind its strongest names -- names that Realty Income clearly serves. As of the end of the second quarter, this REIT's occupancy rate stood at an industry-beating 98.6%, and even during pandemic-crimped 2020, its average occupancy was a healthy 97.9%.</p>
<div class="lb-trans"><p>这个统计数据是正确的，但并没有讲述整个故事。去年，美国还开设了超过 5900 家新店。所谓的零售末日更像是行业的精炼，留下了最强的品牌——这些品牌显然是 Realty Income 所服务的。截至第二季度末，该 REIT 的入住率达到了行业领先的 98.6%，即使在疫情影响的 2020 年，其平均入住率也保持在健康的 97.9%。</p>
</div><p>And the strength of its business is evident in the stock's dividend history. Not only has Realty Income paid its monthly dividend like clockwork since the company was launched in 1969, but it has also raised its annualized payout every year for the past 30 years.</p>
<div class="lb-trans"><p>而且，其业务的强劲在股票的分红历史中显而易见。自 1969 年公司成立以来，Realty Income 不仅按时支付每月分红，而且在过去 30 年中每年都提高了年化分红。</p>
</div><p>Newcomers will be plugging in while the forward-looking dividend yield stands at 5.3%.</p>
<div class="lb-trans"><p>新投资者在前瞻性分红收益率为 5.3% 时将会加入。</p>
</div><h2>2. EPR Properties</h2>
<div class="lb-trans"><h2>2. EPR Properties</h2>
</div><p>Like Realty Income, <strong>EPR Properties</strong>(EPR -0.28%) is a monthly dividend-paying REIT. The two organizations are similarly aligned, in fact. They're just different enough to justify holding both at the same time. See, EPR Properties' focus is on experiential entertainment. Water parks, movie theaters, ski resorts, casinos, museums, and even schools are all operating within and on its properties.</p>
<div class="lb-trans"><p>与 Realty Income 类似，<strong>EPR Properties</strong>（EPR -0.28%）也是一家按月支付分红的 REIT。实际上，这两家机构的定位非常相似。它们的不同之处足以让投资者同时持有这两只股票。EPR Properties 专注于体验式娱乐。水上乐园、电影院、滑雪胜地、赌场、博物馆，甚至学校都在其物业内运营。</p>
</div><p>It <em>is</em> more cyclically sensitive than Realty Income. But, not nearly as much as you might expect. As of Q2, 99% of its properties were occupied, with an average of 12 years remaining on its current lease agreements, most of which call for its tenants to cover the highly variable costs like taxes, insurance, and maintenance. That's a big reason why (outside of unusually difficult circumstances like the COVID-19 pandemic and the economic fallout from 2007's subprime mortgage meltdown) EPR's dividend payments boast a pretty healthy growth track record. The sizable forward-looking yield of 6.1% only bolsters the bullish case, of course.</p>
<div class="lb-trans"><p>它的周期敏感性确实比 Realty Income 更强。但并没有你想象的那么严重。截至第二季度，99% 的物业已被出租，当前租赁协议的平均剩余期限为 12 年，其中大多数要求租户承担高度可变的费用，如税费、保险和维护。这是 EPR 的分红支付在（除了 COVID-19 疫情和 2007 年次贷危机等异常困难的情况下）保持相当健康的增长轨迹的一个重要原因。前瞻性收益率为 6.1% 当然进一步增强了看涨的理由。</p>
</div><p>You just want to be sure it's not the only dividend payer you own, particularly if you're counting on dividend income to help cover most of your monthly bills.</p>
<div class="lb-trans"><p>你只需确保它不是你唯一拥有的分红支付股票，特别是如果你依赖分红收入来帮助支付大部分每月账单。</p>
</div><h2>3. Global X Nasdaq 100 Covered Call ETF</h2>
<div class="lb-trans"><h2>3. Global X Nasdaq 100 Covered Call ETF</h2>
</div><p>Finally, add the <strong>Global X Nasdaq 100 Covered Call ETF</strong>(QYLD 0.53%) to your list of monthly dividend-paying names to consider.</p>
<div class="lb-trans"><p>最后，将 <strong>Global X Nasdaq 100 Covered Call ETF</strong>（QYLD 0.53%）添加到你的按月支付分红的股票名单中。</p>
</div><p>It's not a conventional company. It's not even a conventional fund, for that matter. Rather, this ETF is designed to monetize its portfolio of stocks that make up the <strong>Nasdaq-100</strong> index -- like <strong>Nvidia</strong>, <strong>Microsoft</strong>, and <strong>Apple</strong> -- by selling covered calls against those positions.</p>
<div class="lb-trans"><p>这不是一家传统公司。实际上，它甚至不是一家传统基金。相反，这只 ETF 旨在通过对其组成 <strong>Nasdaq-100</strong> 指数的股票（如 <strong>Nvidia</strong>、<strong>Microsoft</strong> 和 <strong>Apple</strong>）出售覆盖性看涨期权来实现盈利。</p>
</div><p>Calls (or call option contracts) are derivative investments that effectively act as a bet that the underlying stock or index is going to be valued higher at some point in the future. And these derivatives have a defined, market-based value; if you want to make such a bet, you'll need to pay to purchase a particular call option. If you're right, you can then buy that stock in question at a below-market price, or you can simply sell your call contract for a profit.</p>
<div class="lb-trans"><p>看涨期权（或看涨期权合约）是衍生投资，实际上是对基础股票或指数在未来某个时间点将被高估的押注。这些衍生品具有明确的市场价值；如果你想进行这样的押注，你需要支付购买特定看涨期权的费用。如果你判断正确，你可以以低于市场价格购买该股票，或者你可以简单地将你的看涨合约出售以获利。</p>
</div><p>You don't have to <em>just</em> buy and then sell call options, though. You can first sell them, and then buy them back at a later date at what's hopefully a lower price. Or, if you happen to own shares of the stock in question, you can hand your shares over to the party you sold the call option to. Or, in the best-case scenario, the call options you've sold for cash end up expiring without being used, erasing your liability resulting from selling the call option that's &#34;covered&#34; by your shares of the stock in question.</p>
<div class="lb-trans"><p>不过，你不必仅仅是购买然后出售看涨期权。你可以先出售它们，然后在稍后以希望的较低价格回购它们。或者，如果你恰好拥有相关股票的股份，你可以将你的股份交给你出售看涨期权的对方。或者，在最佳情况下，你出售的看涨期权以现金形式到期而未被使用，从而消除你因出售 “由你持有的股票覆盖” 的看涨期权而产生的责任。</p>
</div><p>That's what the Global X fund company does over and over again with the Global X Nasdaq 100 Covered Call ETF. It's selling calls for cash, effectively using the fund's individual stocks as collateral. Once those call contracts expire, the fund does it again, and again, and again.</p>
<div class="lb-trans"><p>这就是 Global X 基金公司在 Global X Nasdaq 100 Covered Call ETF 上反复进行的操作。它通过出售看涨期权获得现金，实际上是将基金的个别股票作为抵押。一旦这些看涨合约到期，基金就会再次进行这样的操作，一次又一次。</p>
</div><p>And the strategy works pretty well as an income engine. Its average distribution yield for the past 12 months is a hefty 13.6%.</p>
<div class="lb-trans"><p>而且，这种策略作为收入引擎的效果相当不错。过去 12 个月的平均分配收益率高达 13.6%。</p>
</div><p>Just make sure you understand what you're getting with such an investment -- its monthly payouts can be rather inconsistent.</p>
<div class="lb-trans"><p>只需确保你了解这种投资的内容——其每月支付可能相当不稳定。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f2821bdc2aeb5612e6080f8c50136f56.png" alt="" original-src="https://media.ycharts.com/charts/f2821bdc2aeb5612e6080f8c50136f56.png"/></p>
<p>QYLD Dividend data by YCharts</p>
<div class="lb-trans"><p>QYLD 分红数据来自 YCharts</p>
</div><p>And, although a covered call strategy tends to beat the market in sideways or bear markets, an actively applied covered call strategy also tends to underperform in bull markets, since selling calls against your stock holdings often ends up meaning you're handing over these positions while they're rising. In this instance, you'd be trailing the Nasdaq-100 index, which is likely to lead any marketwide bullishness. Sure, you can always buy more of these stocks you've been forced to fork over. If you're doing so in a bull market, however, you're paying a high price for them.</p>
<div class="lb-trans"><p>尽管覆盖性看涨期权策略在横盘或熊市中往往优于市场，但在牛市中，积极应用的覆盖性看涨期权策略往往表现不佳，因为对股票持仓出售看涨期权通常意味着在股票上涨时放弃这些头寸。在这种情况下，你的表现将落后于纳斯达克 100 指数，而纳斯达克 100 指数很可能会引领市场的整体上涨。当然，你总是可以购买更多被迫放弃的这些股票。然而，如果你在牛市中这样做，你将为它们支付高昂的价格。</p>
</div><p>With its double-digit yield, though, this ETF may well be worth it as long as it's not your only monthly income holding.</p>
<div class="lb-trans"><p>不过，考虑到其两位数的收益率，只要这不是你唯一的月收入持仓，这只 ETF 可能是值得的。</p>
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每月向你支付股息的三只股票