All posts by PARKERYL

Despite early optimism in financial markets, the mood soured in the latter half of February due to weaker U.S. economic data, declines in AI and technology stocks, and tariffs threats on Canada, Mexico and China. FX markets experienced saw sharp losses and volatility, as measured by the Chicago Board of Trade’s VIX index, which jumped to the highest level of the year.

If this a sign of more big moves to come, is your business prepared to navigate the storm? Download our Global FX Outlook for February to stay ahead of market shifts and help your business manage currency risks.

Event in focus: Who cuts when?

Markets face uncertainty as central banks reassess rate cut expectations amid shifting inflation and economic risks. The Fed, ECB, and BoE started 2024 planning to ease policy, but challenges remain.

In the U.S., the Fed remains caught between persistent core inflation and slowing growth. Headline inflation may have cooled, but weak retail sales and declining business sentiment are fueling concerns. With markets now expecting just two rate cuts in 2025, the Fed’s path remains unclear.

The European Central Bank has already begun easing, but fragile growth, slowing wages, and trade risks limit aggressive cuts. Meanwhile, the Bank of England faces the toughest challenge—stubborn inflation and high wages alongside stagnating growth and rising borrowing costs.

Trump moving markets

Global policy uncertainty has surged due to President Trump’s unpredictable leadership style and shifting political priorities. Markets are on edge as trade agreements are shaken up, alliances change, and the President takes an aggressive stance in economic negotiations. Investors face a backdrop where sudden policy changes and increased volatility have become the new normal. Global markets face heightened uncertainty as the world adjusts to this new reality.

Tariffs: Inflationary or stagflationary?

Expectations for a Federal Reserve rate cut in the first half of 2025 have been diminished. Inflation data came in stronger than expected, reinforcing concern that price pressures remain and forcing markets to reassess monetary easing timelines. Despite this, the US economy shows signs of slowing, with key indicators such as housing, consumer spending and services all underperforming. Risk assets and the US dollar are under pressure.

Dollar falls short of expectations

Stronger-than-expected inflation numbers have pared back expectations for Federal Reserve rate cut this year, however the U.S. dollar hasn’t strengthened. The absence of new tariffs has reduced safe-haven demand and the trade premium, while changing expectations for a Fed pause are being driven by rising inflation rather than macro data. Ultimately, the dollar has been unable to benefit from the Fed holding rates steady.

Watch an overview of the March outlook

Watch our Market Insights team provide a short summary of the most crucial insights from the March Global FX Outlook and start making informed decisions for your business today.

For businesses making cross-border payments, this evolving landscape underscores the importance of proactive FX risk management. The combination of tariff threats, inflationary pressures, and monetary policy shifts will continue to drive currency fluctuations. Companies should consider hedging strategies and real-time FX insights to mitigate risks in an increasingly unpredictable market.

Want more insights on the topics shaping the future of cross-border payments? Tune in to Converge, with new episodes every Wednesday.

Plus, register for the Daily Market Update to get the latest currency news and FX analysis from our experts directly to your inbox.

In January 2024, Khaled Al-Sabah, CEO of Kuwait Petroleum Corporation (KPC), unveiled an ambitious $30 billion investment plan aimed at boosting the emirate’s oil production capacity by 40%. The target is to increase output from 2.8 million barrels per day (bpd) to 4 million bpd by 2040.

To turn ambition into reality, state-owned KPC, which has long relied on onshore reserves, is venturing into offshore exploration with a 6,000-square-kilometer area under review. Kuwait Oil Company (KOC), a KPC subsidiary, has already made significant strides with the discovery of two new fields: the 74-square-kilometer Al-Jlaiaa field, revealed in January, and the promising Al-Nokhatha field, which could contain up to 2.1 billion barrels of oil and 5.1 trillion cubic feet of natural gas. New gas discoveries are of particular interest to Kuwaitis, who currently rely on imports to meet local consumption needs.

The oil discoveries could pave the way for new business opportunities as well. While Kuwait remains cautious about foreign involvement in its hydrocarbons industry, KOC last year signed a contract with US-based SLB for the drilling of 141 new wells.

Kuwait’s hydrocarbons strategy does not stop at increasing production; it also includes enhancing existing infrastructure. In 2024, the emirate inaugurated the $30 billion Al Zour refinery, Kuwait’s largest and the seventh largest in the world. At full capacity, Al Zour is set to elevate the country’s refining capacity to 1.42 million bpd, up from a current 800,000.

In tandem with this expansion, Kuwait is looking to streamline its tentacular network of hydrocarbon institutions. Currently, KPC oversees eight subsidiaries, including KOC. Back in 2020, the government mandated PwC’s international consulting firm, Strategy&, to advise on possible consolidation. Today, it may be ready to merge some of these entities in a bid to boost efficiency. Local media are already reporting on potential mergers between Kuwait National Petroleum Company and Kuwait Integrated Petroleum Industries Company as well as KOC and Kuwait Gulf Oil Company.

​In a bold move signaling shifting investor sentiment, an executive from a leading cryptocurrency firm has redirected $1.3 million from Ethereum to Ripple (XRP) and the lesser-known altcoin, Rexas Finance (RXS), currently priced under $0.25. This strategy underscores growing confidence in emerging tokens, particularly RXS, which experts believe could surpass $20 by Q1 2025 due to its innovative approach in the Real World Asset (RWA) tokenization market.

Rexas Finance: A New Frontier in Investment

Rexas Finance implements asset tokenization for real estate, art, and commodities to bring investment opportunities to a broad investor base. This system gives traditional illiquid assets access to fractional ownership, making them more liquid. Less capital allows investors to engage with Rexas Finance and obtain quicker returns. The executive’s recent decision demonstrates Rexas Finance’s new corporate direction toward an ever-evolving market environment. Since initiating its presale process, the token value has climbed from $0.03 to $0.2 while attracting retail and institutional players. Currently in its 12th stage of presale at $0.20 RXS is all set for its official launch on June 19th, 2025 at $0.25 which is a 7x surge from the initial price of 0.03. The Rexas ecosystem facilitates fast asset token creation and trading, which drives current token price appreciation. The project’s market credibility gains strength from early investment participation by prominent investors who operate during its initial development phase. With Rexas Finance, users access a powerful asset tokenization platform with two innovative components: Rexas AI Shield runs real-time audits for smart contracts, and Rexas Treasury operates as a multi-chain yield optimizer. Combining secure innovation features with high investment returns leads to increased daily investor participation. The executive’s investment validates Rexas Finance as a disruptive player within the cryptocurrency realm.

Ethereum: Stepping Stone to New Opportunities

Ethereum continues to dominate the cryptocurrency market, but investors shifted substantial funds away because of recent performance weaknesses. Investors wish to obtain elevated returns and unique opportunities, and Rexas Finance is a promising solution. Ethereum continues to provide fundamental support to alternative cryptocurrencies, including RXS. The significant financial movement represents a strategic move by veteran investors who want to access different growth opportunities. The widespread use of Ethereum created the foundations that support emerging cryptocurrencies to innovate and develop new platforms. The ecosystem relationship enables sector-wide expansion and the emergence of specialized market sectors such as RWA tokenization. Recent capital movements demonstrate a general tendency among investors who redirect their funds toward altcoins characterized by usable applications alongside substantial profit potential.

Ripple (XRP): A Steady Contender

Ripple maintains its ground amidst shifting market dynamics, maintaining investor interest with its cross-border payment solutions. As funds are redirected from Ethereum, XRP is a stable investment choice alongside more speculative ventures like Rexas Finance. Ripple’s consistent performance and ongoing developments in financial technology make it an attractive option for portfolio diversification. Investors value Ripple’s practical applications and stability in the volatile crypto market. Ripple benefits from increased liquidity and continued investor confidence as funds diversify into different cryptocurrencies. This balance of innovation and stability makes XRP a key player in the ongoing reallocation of crypto investments.

Rexas Finance: Poised for Unprecedented Growth

In conclusion, Rexas Finance is the primary beneficiary of the recent strategic investment shifts within the cryptocurrency sector. Its innovative approach to RWA tokenization positions it well above many current market offerings, promising significant returns and reshaping investment accessibility. The executive’s decision to invest heavily in RXS highlights its potential and sets the stage for its dominant rise in the crypto market. With such strong endorsements and a clear path to disrupting traditional asset investments, Rexas Finance is set to redefine the boundaries of cryptocurrency utility and investor engagement.

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance ​

Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

Updated on March 5th, 2025 by Bob Ciura

Monthly dividend stocks have instant appeal for many income investors. Stocks that pay their dividends each month offer more frequent payouts than traditional quarterly or semi-annual dividend payers.

For this reason, we created a full list of ~80 monthly dividend stocks.

You can download our full Excel spreadsheet of all monthly dividend stocks (along with metrics that matter like dividend yield and payout ratio) by clicking on the link below:

 

In addition, stocks that have high dividend yields are also attractive for income investors.

With the average S&P 500 yield hovering around 1.3%, investors can generate much more income with high-yield stocks. Screening for monthly dividend stocks that also have high dividend yields makes for an appealing combination.

This article will list the 20 highest-yielding monthly dividend stocks.

Table Of Contents

The following 20 monthly dividend stocks have high dividend yields above 5%. Stocks are listed by their dividend yields, from lowest to highest.

The list excludes oil and gas royalty trust, which have extreme fluctuations in their dividend payouts from one quarter to the next due to the underlying volatility of commodity prices.

The list also only includes U.S.-based companies.

You can instantly jump to an individual section of the article by utilizing the links below:

High-Yield Monthly Dividend Stock #20: LTC Properties (LTC)

LTC Properties is a REIT that invests in senior housing and skilled nursing properties. Its portfolio consists of approximately 50% senior housing and 50% skilled nursing properties.

The REIT owns 194 investments in 26 states, with 31 operating partners.

Source: Investor Presentation

In late February, LTC reported (2/24/25) financial results for the fourth quarter of fiscal 2024. Funds from operations (FFO) per share dipped -8% over the prior year’s quarter, from $0.72 to $0.66, and missed the analysts’ consensus by $0.01.

The decrease in FFO per share resulted primarily from impairment losses. LTC improved its leverage ratio (Net Debt to EBITDA) from 4.7x to 4.3x thanks to various asset sales.

Click here to download our most recent Sure Analysis report on LTC (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #19: EPR Properties (EPR)

EPR Properties is a specialty real estate investment trust, or REIT, that invests in properties in specific market segments that require industry knowledge to operate effectively.

It selects properties it believes have strong return potential in Entertainment, Recreation, and Education. The portfolio includes about $7 billion in investments across 340+ locations in 44 states, including over 200 tenants.

Source: Investor Presentation

EPR posted fourth quarter and full-year earnings on February 26th, 2025, and results were better than expected on both the top and bottom lines.

Funds-from-operations came to $1.23, which was a penny ahead of estimates. Revenue was up 3% to $177 million, beating estimates by $16 million.

Adjusted FFO per-share was down from $1.29 in Q3, but higher from $1.16 in the year-ago period. Revenue was also down from Q3, but higher from the year-ago period.

Property operating expenses were $15.2 million, higher from $14.6 million in Q3, and $14.8 million a year ago. Adjusted EBITDAre of $136 million was lower from $143 million in Q3, but higher from $129 million last year.

Click here to download our most recent Sure Analysis report on EPR (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #19: Apple Hospitality REIT (APLE)

Apple Hospitality REIT is a hotel REIT that owns a portfolio of hotels with tens of thousands of rooms located across dozens of states.

It franchises its properties out to leading brands, including Marriottbranded hotels, Hilton-branded hotels, and Hyatt-branded hotels.

Source: Investor Presentation

Since it first began reporting FFO/share in its annual reports (2011), Apple initially generated very impressive annualized FFO/share growth thanks to its growing scale (due in large part to a merger in 2015), effective and efficient business model, and strong economic tailwinds in the United States during that period.

Typically, during a recessionary period, hotel REITs experience significant losses of income. Therefore, Apple is likely not very recession resistant.

However, its concentration in strong brand names, excellent locations, strong balance sheet, franchising model, and emphasis on value should enable it to outperform its peers in a recession.

Click here to download our most recent Sure Analysis report on APLE (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #18: Gladstone Capital (GLAD)

Gladstone Capital is a business development company, or BDC, that primarily invests in small and medium businesses. These investments are made via a variety of equity (10% of portfolio) and debt instruments (90% of portfolio), generally with very high yields.

Loan size is typically in the $7 million to $30 million range and has terms up to seven years.

Gladstone posted first quarter earnings on February 12th, 2025, and results were weaker than expected. Earnings-per-share came to 50 cents, well short of the estimate for 65 cents.

Total investment income, which is akin to revenue, was down $1.8 million, or 7.4%, year-over-year. Compared to the September quarter, total investment income fell by $2.1 million.

The net increase in net assets resulting from operations was $27 million, or $1.21 per share. This was lower than the $31.8 million, or $1.46 per share, gain in the September quarter.

Gladstone noted $152 million in new fundings for the quarter, including six new portfolio companies. Exits and prepayments were $165 million, so net new funding was -$13 million. Total debt investments rose by $45 million during the quarter.

Click here to download our most recent Sure Analysis report on GLAD (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #17: Gladstone Investment Corporation (GAIN)

Gladstone Investment is a business development company (BDC) that focuses on US-based small- and medium-sized companies.

Industries which Gladstone Investment targets include aerospace & defense, oil & gas, machinery, electronics, and media & communications.

Gladstone Investment reported its third quarter (Q3 2024 ended December 31) earnings results on February 13. The company generated total investment income – Gladstone Investment’s revenue equivalent – of $21.4 million during the quarter, which represents a decline of 7% compared to the prior year’s quarter.

This was a weaker performance compared to the previous quarter, when the growth rate was positive.

Gladstone Investment’s adjusted net investment income-per-share totaled $0.23 during the fiscal third quarter. That was up slightly from the previous quarter’s level.

Gladstone Investment‘s net asset value per share totaled $13.30 on a per-share basis at the end of the quarter.

Click here to download our most recent Sure Analysis report on GAIN (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #16: Gladstone Commercial (GOOD)

Gladstone Commercial Corporation is a real estate investment trust, or REIT, that specializes in single-tenant and anchored multi-tenant net leased industrial and office properties across the U.S.

The trust targets primary and secondary markets that possess favorable economic growth trends, growing populations, strong employment, and robust growth trends.

The trust’s stated goal is to pay shareholders monthly distributions, which it has done for more than 17 consecutive years. Gladstone owns over 100 properties in 24 states that are leased to about 100 unique tenants.

Gladstone posted fourth quarter and full-year earnings on February 18th, 2025, and results were somewhat weak. Funds-from-operations per share came to 35 cents, which met expectations. Revenue was $37.4 million, which missed estimates by $0.66 million. The slight move up in revenue was driven by higher straight-line rents.

Same-store rents were up 5% year-over-year, which was supported by increased straight-line rent rates and recovery revenue. Operating expenses were down to $25 million from $28.1 million a year ago, partially due to reduced impairment charges.

Click here to download our most recent Sure Analysis report on GOOD (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #15: Modiv Industrial (MDV)

Modiv Industrial acquires, owns, and actively manages single-tenant net-lease industrial, retail, and office properties in the United States, focusing on strategically essential and mission-critical properties with predominantly investment-grade tenants.

As of its most recent filings, the company’s portfolio comprised 43 properties that occupied 4.5 million square feet of aggregate leasable area.

On March 4th, 2025, Modiv reported its Q4 and full-year results for the period ending December 31st, 2024. For the quarter, rental income came in at $11.7 million, down 4.8% year-over-year.

This was mainly due to the elimination of some non-NNN tenant reimbursements related to the August 2023 portfolio disposition of 13 properties.

Management fee income also fell from $99 thousand to $66 thousand. Thus, total income was $11.7 million, down 5.3% from $12.4 million last year.

AFFO was $4.1 million, or $0.37 per diluted share, down from AFFO of $4.5 million, or $0.40 per diluted share last year.

For the year, AFFO per share was $1.34. For FY2025, we expect AFFO per share of $1.38 based on the company’s current leasing profile.

Click here to download our most recent Sure Analysis report on MDV (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #14: Itau Unibanco (ITUB)

Itaú Unibanco Holding S.A. is headquartered in Sao Paulo, Brazil. The bank has operations across South America and other places like the United States, Portugal, Switzerland, China, Japan, etc.

On November 5th, 2024, Itaú Unibanco reported third-quarter results for 2024. The company reported recurring managerial result for the third quarter of 2024 was approximately $2.1 billion USD, reflecting a 6.0% increase from the previous quarter.

The recurring managerial return on equity stood at 22.7% on a consolidated basis and 23.8% for operations in Brazil. Total assets grew by 2.6%, surpassing $590 billion USD, while the loan portfolio increased by 1.9% globally and 2.1% in Brazil for the quarter, with year-on-year growth rates of 9.9% and 10.0%, respectively.

Key drivers included personal, vehicle, and mortgage loans, which saw quarterly growth rates of 3.1%, 3.0%, and 3.9%, respectively.

Click here to download our most recent Sure Analysis report on ITUB (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #13: Fortitude Gold (FTCO)

Fortitude Gold is a junior gold producer with operations in Nevada, U.S.A, one of the world’s premier mining friendly jurisdictions. The company targets high-grade gold open pit heap leach operations averaging one gram per tonne of gold or greater.

Its property portfolio currently consists of 100% ownership in six high-grade gold properties. All six properties are within an approximate 30-mile radius of one another within the prolific Walker Lane Mineral Belt.

Source: Investor Presentation

On November 5th, 2024, Fortitude Gold released its Q3 results for the period ending September 30st, 2024. For the quarter, revenues came in at $10.2 million, 52% lower compared to last year.

The decline in revenues was primarily due to a 62% drop in gold sales volume and a 54% decrease in silver sales volume. However, these reductions were partially offset by a 26% increase in gold prices and a 23% rise in silver prices.

Click here to download our most recent Sure Analysis report on FTCO (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #11: Stellus Capital (SCM)

Stellus Capital Management provides capital solutions to companies with $5 million to $50 million of EBITDA and does so with a variety of instruments, the majority of which are debt.

Stellus provides first lien, second lien, mezzanine, convertible debt, and equity investments to a diverse group of customers, generally at high yields, in the US and Canada.

Source: Investor Presentation

Stellus posted third quarter earnings on November 7th, 2024, and results were quite weak on both the top and bottom lines. Net investment income, which is similar to earnings-per-share, came to 40 cents.

This was four cents light of estimates, or about 9%. Total investment income was $26.5 million, down 2.5% year-over-year, and missing estimates by $1.34 million.

Gross operating expenses were $16.2 million, which was essentially flat year-over-year. Base management fees totaled $3.9 million for this year’s Q3 and the same period a year ago.

Click here to download our most recent Sure Analysis report on Stellus (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #10: Ellington Financial (EFC)

Ellington Financial Inc. acquires and manages mortgage, consumer, corporate, and other related financial assets in the United States.

The company acquires and manages residential mortgage–backed securities (RMBS) backed by prime jumbo, Alt–A, manufactured housing, and subprime residential mortgage loans.

Source: Investor Presentation

Additionally, it manages RMBS, for which the U.S. government guarantees the principal and interest payments. It also provides collateralized loan obligations, mortgage–related and non–mortgage–related derivatives, equity investments in mortgage originators and other strategic investments.

On November 6th, 2024, Ellington Financial reported its Q3 results for the period ending September 30th, 2024. Adjusted (previously referred to as “core”) EPS came in at $0.40, seven cents higher versus Q2-2024.

The rise was driven in part by a sizeable contribution from Ellington’s proprietary reverse mortgage strategy, offset by a higher share count. Ellington’s book value per share fell from $13.92 to $13.66 during the last three months.

Click here to download our most recent Sure Analysis report on Ellington Financial (EFC) (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #9: PennantPark Floating Rate Capital (PFLT)

PennantPark Floating Rate Capital Ltd. is a business development company that seeks to make secondary direct, debt, equity, and loan investments.

The fund also aims to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies, equity securities, preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments.

On November 26, 2024, PennantPark Floating Rate Capital reported strong results for the fourth fiscal quarter of 2024, with core net investment income of $0.32 per share. The portfolio grew 20% quarter-over-quarter, reaching $2 billion as the firm deployed $446 million across 10 new and 50 existing companies.

Investments carried an average yield of 11%, reflecting the continued strength of the middle market lending environment. After the quarter, PFLT remained active, investing an additional $330 million at a yield of 10.2%.

Click here to download our most recent Sure Analysis report on PFLT (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #8: Prospect Capital (PSEC)

Prospect Capital Corporation is a Business Development Company, or BDC, that provides private debt and private equity to middle–market companies in the U.S.

The company focuses on direct lending to owner–operated companies, as well as sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional equity investments. 

Source: Investor Presentation

Prospect posted first quarter earnings on November 8th, 2024, and results were weak. However, the big news was a 25% dividend cut. Prospect reduced its payout to 54 cents per share annually, sending the stock reeling.

Net investment income was 21 cents per share in Q1, and revenue was $196 million. That was down 17% year-over-year.

The company is in the midst of rotating its strategy to emphasize first lien senior secured lending instead of real estate investments and collateralized loan obligations, or CLOs.

Click here to download our most recent Sure Analysis report on PSEC (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #7: Horizon Technology (HRZN)

Horizon Technology Finance Corp. is a BDC that provides venture capital to small and medium–sized companies in the technology, life sciences, and healthcare–IT sectors.

The company has generated attractive risk–adjusted returns through directly originated senior secured loans and additional capital appreciation through warrants.

Source: Investor Presentation

On October 29th, 2024, Horizon released its Q3 results for the period ending September 30th, 2024. For the quarter, total investment income fell 15.5% year-over-year to $24.6.7 million, primarily due to lower interest income on investments from the debt investment portfolio.

More specifically, the company’s dollar-weighted annualized yield on average debt investments in Q3 of 2024 and Q3 of 2023 was 15.9% and 17.1%, respectively.

Net investment income per share (IIS) fell to $0.32, down from $0.53 compared to Q3-2023. Net asset value (NAV) per share landed at $9.06, down from $9.12 sequentially.

After paying its monthly distributions, Horizon’s undistributed spillover income as of June 30th, 2024 was $1.27 per share, indicating a considerable cash cushion.

Click here to download our most recent Sure Analysis report on HRZN (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #6: AGNC Investment Corporation (AGNC)

American Capital Agency Corp is a mortgage real estate investment trust that invests primarily in agency mortgage–backed securities (or MBS) on a leveraged basis.

The firm’s asset portfolio is comprised of residential mortgage pass–through securities, collateralized mortgage obligations (or CMO), and non–agency MBS. Many of these are guaranteed by government–sponsored enterprises.

Source: Investor Presentation

AGNC Investment Corp. reported strong financial results for the third quarter ended September 30, 2024. The company achieved a comprehensive income of $0.63 per common share, driven by a net income of $0.39 and other comprehensive income of $0.24 from marked-to-market investments.

Net spread and dollar roll income contributed $0.43 per share. The tangible net book value increased by $0.42 per share to $8.82, reflecting a 5.0% growth from the previous quarter.

AGNC declared dividends of $0.36 per share, resulting in a 9.3% economic return on tangible common equity, which includes both dividends and the increase in net book value.

Click here to download our most recent Sure Analysis report on AGNC Investment Corp (AGNC) (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #5: Dynex Capital (DX)

Dynex Capital invests in mortgage–backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non–agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest–only securities.

Source: Investor Presentation

Dynex Capital released its fourth-quarter 2024 financial results, with book value ending the quarter at $12.70 per share and an economic return of 7.4% for the year.

Leverage increased slightly to 7.9x as the company deployed capital into higher-yielding agency RMBS, particularly 30-year 4.5%, 5%, and 5.5% coupons.

The shift from treasury futures to interest rate swaps was a key strategy, enhancing portfolio returns by 200 to 300 basis points and improving net interest spread.

Click here to download our most recent Sure Analysis report on DX (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #4: Oxford Square Capital (OXSQ)

Oxford Square Capital Corp. is a BDC specializing in financing early and middle–stage businesses through loans and CLOs.

The company holds an equally split portfolio of First–Lien, Second–Lien, and CLO equity assets spread across multiple industries, with the highest exposure in software and business services.

Source: Investor Presentation

On November 5th, 2024, Oxford Square reported its Q3 results for the period ending September 30th, 2024. For the quarter, the company generated about $10.3 million of total investment income, down from $11.4 million in the previous quarter.

This was due to lower interest income from its debt investments and lower income from its securitization vehicles.

Further, the weighted average yield of the company’s debt investments was 13.7% at current cost, down from 13.9% in the previous quarter.

Still, the weighted average cash distribution yield of the company’s cash income producing CLO equity investments at current rose notably from 13.7% to 14.5%.

Click here to download our most recent Sure Analysis report on OXSQ (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #3: Ellington Credit Co. (EARN)

Ellington Credit Co. acquires, invests in, and manages residential mortgage and real estate related assets. Ellington focuses primarily on residential mortgage-backed securities, specifically those backed by a U.S. Government agency or U.S. government–sponsored enterprise.

Agency MBS are created and backed by government agencies or enterprises, while non-agency MBS are not guaranteed by the government.

Source: Investor Presentation

On November 12th, 2024, Ellington Residential reported its third quarter results for the period ending September 30th, 2024. The company generated net income of $5.4 million, or $0.21 per share.

Ellington achieved adjusted distributable earnings of $7.2 million in the quarter, leading to adjusted earnings of $0.28 per share, which covered the dividend paid in the period.

Net interest margin was 5.22% overall. At quarter end, Ellington had $25.7 million of cash and cash equivalents, and $96 million of other unencumbered assets.

Click here to download our most recent Sure Analysis report on EARN (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #2: ARMOUR Residential REIT (ARR)

ARMOUR Residential invests in residential mortgage-backed securities that include U.S. Government-sponsored entities (GSE) such as Fannie Mae and Freddie Mac.

It also includes Ginnie Mae, the Government National Mortgage Administration’s issued or guaranteed securities backed by fixed-rate, hybrid adjustable-rate, and adjustable-rate home loans.

Unsecured notes and bonds issued by the GSE and the US Treasury, money market instruments, and non-GSE or government agency-backed securities are examples of other types of investments.

Source: Investor presentation

On October 23, 2024, ARMOUR Residential REIT announced its unaudited third-quarter 2024 financial results, reporting a GAAP net income available to common stockholders of $62.9 million, or $1.21 per common share. The company generated a net interest income of $1.8 million and distributable earnings of $52.0 million, equivalent to $1.00 per common share.

ARMOUR achieved an average interest income of 4.89% on interest-earning assets and an interest cost of 5.51% on average interest-bearing liabilities. The economic net interest spread stood at 2.00%, calculated from an economic interest income of 4.44% minus an economic interest expense of 2.44%.

During the quarter, ARMOUR raised $129.4 million by issuing 6,413,735 shares of common stock through an at-the-market offering program and paid common stock dividends of $0.72 per share for Q3.

Click here to download our most recent Sure Analysis report on ARMOUR Residential REIT Inc (ARR) (preview of page 1 of 3 shown below):

High-Yield Monthly Dividend Stock #1: Orchid Island Capital (ORC)

Orchid Island Capital is a mortgage REIT that is externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), including pass-through and structured agency RMBSs.

These financial instruments generate cash flow based on residential loans such as mortgages, subprime, and home-equity loans.

Source: Investor Presentation

The company reported a net income of $17.3 million, or $0.24 per common share, significantly improving from a net loss of $80.1 million in the same quarter last year. This net income comprised $0.3 million in net interest income and $4.3 million in total expenses.

Additionally, Orchid recorded net realized and unrealized gains of $21.2 million, or $0.29 per common share, from Residential Mortgage-Backed Securities (RMBS) and derivative instruments, including interest rate swaps.

Click here to download our most recent Sure Analysis report on Orchid Island Capital, Inc. (ORC) (preview of page 1 of 3 shown below):

Final Thoughts

Monthly dividend stocks could be more appealing to income investors than quarterly or semi-annual dividend stocks. This is because monthly dividend stocks make 12 dividend payments per year, instead of the usual 4 or 2.

Furthermore, monthly dividend stocks with high yields above 5% are even more attractive for income investors.

The 20 stocks on this list have not been vetted for dividend safety, meaning each investor should understand the unique risk factors of each company.

That said, these 20 dividend stocks make monthly payments to shareholders, and all have high dividend yields.

Further Reading

If you are interested in finding high-quality dividend growth stocks and/or other high-yield securities and income securities, the following Sure Dividend resources will be useful:

Monthly Dividend Stock Individual Security Research

Other Sure Dividend Resources

Right now, the U.S. economy is slowing rapidly. 

According to the Atlanta Federal Reserve’s GDPNow model, “the estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -1.5% on February 28, down from 2.3% on February 19. The nowcast of the contribution of net exports to first-quarter real GDP growth fell from -0.41 percentage points to -3.70 percentage points, while the nowcast of first-quarter real personal consumption expenditures growth fell from 2.3% to 1.3%.”

And as recent data from ADP’s employment report shows, employers added just 77,000 jobs in February, far below January’s upwardly revised 186,000 and below the 148,000 estimate.

All this weak data and ongoing economic uncertainty has kept the stock market in volatile territory. 

As the following chart shows, the S&P 500 has endured near-constant up-and-down action for the past several months. In fact, just in the past five days, the index has fallen about 3%. It has tested and broken its 100-day moving average (MA) and is now approaching a test of its 200-day MA.

With President Trump’s trade war with Mexico, Canada, and China looming large, things could get even worse in the coming months, potentially tipping the global economy into a recession and plunging stocks into a full-blown bear market. 

That’s the bad news. 

But here’s the good news. 

We actually see huge opportunities emerging amid all this economic uncertainty and stock market volatility. 

Follow me here…

Weak Economic Data Abounds

In our view, there’s no arguing that the U.S. economy is buckling under the pressure of policy uncertainty. No matter where you look, the data is weakening. 

Consumer sentiment has crashed, as shown by the Conference Board’s Consumer Confidence Index, which declined by 7.0 points in February. 

Consumer spending has slowed, with personal consumption expenditures (PCE) decreasing $30.7 billion (0.2%) in January, according to the Bureau of Economic Analysis. 

Inflation expectations have surged higher, from 5.2% to 6% in February. 

Business investment has slowed, down from $938 billion in Q3 of 2024 to $809 billion in Q4.

At the end of 2024, the U.S. economy was growing at a 2.3% clip. But based on real-time estimates from the Atlanta Fed, the economy is now contracting at a 2.8% clip. In other words, over the past two months, we’ve gone from steady growth in the U.S. economy (+2.3%) to meaningful contraction (-2.8%). 

That’s not good. 

And this slowdown to -2.8% GDP growth happened before the onset of a global trade war. 

Trump has enforced 25% tariffs on Mexico and Canada and has also levied additional tariffs on China. All three countries have responded with reciprocal tariffs of their own… meaning the global trade war has officially begun. 

According to calculations from Bloomberg Economics, all these tariffs will raise the average U.S. tariff rate from 2.3% to 11.5% – the highest it has been since World War II. 

Such a drastic rise in the average U.S. tariff rate will only further hinder economic growth.

Understanding the Risks to the Economy

According to estimates from the Fed, hiking the U.S. tariff rate from 2.3% to 11.5% would negatively impact the U.S. GDP growth by about 1.3%. 

We’re running at -2.8% GDP growth right now… before the trade war. And current tariffs already in place should knock that down another 1.3%… which means we’re looking at potentially -4.1% GDP growth. 

And that doesn’t even include any of the other tariffs Trump plans to enact over the next month. He’s said that he wants to implement 25% tariffs on all steel and aluminum imports, as well as 25% tariffs on cars, chips, and pharma goods. He is also planning to launch global reciprocal tariffs next month. 

If even just a portion of these threatened tariffs go into effect, that would negatively impact U.S. GDP growth by at least another 1%. If so, then with all these tariffs, we’re looking at a potential pathway to -5% GDP growth by the summer. 

By any and all metrics, that negative growth would be consistent with a recession. In fact, a -5% GDP would actually be consistent with a very bad recession – not a mild one. 

In other words, the global trade war – if it persists – could tip the U.S. economy into a recession by summer. 

Of course, if that happens, the stock market is likely to crash. 

Written by the Market Insights Team

A dumb thing to do

Kevin Ford –FX & Macro Strategist

The Loonie remains on standby as U.S. Commerce Secretary Howard Lutnick signals the possibility of tariff relief for Mexican and Canadian goods under North America’s free trade agreement, potentially as soon as today. This could be the shortest trade war ever or extend the uncertainty while the US administration make up their mind in relation to their trade policies with their closest trade allies. Currently, the Loonie has been fluctuating between 1.439 to 1.454. While dollar softness has provided some relief to the USD/CAD, it remains on uncertain footing. FX Markets are closely watching for a possible policy pivot from President Trump, maintaining a cautious outlook.

While we wait on some news, it’s worth bringing back these two questions: what will be the economic impact, if they stay for long, and are these tariffs truly tied to fentanyl and immigration?

First, the Canadian Chamber of Commerce published a report modeling the potential economic fallout. Broadly speaking, tariffs not only reduce real incomes but also distort prices and intensify inflationary pressures. Most critically, the longer they persist, the greater the harm for both nations. From a macro standpoint, tariffs make minimal practical sense. As the Wall Street Journal fittingly described, this may well be the “dumbest trade war in history.” Consider the auto industry, for example—it’s so deeply integrated across the region that some vehicles cross borders up to eight times during assembly. The CUSMA/USMCA agreement, negotiated about five years ago, was designed to strengthen economic ties and was once praised as a “historic win” by Trump. Now it’s being deemed insufficient.

Second, are these tariffs really about fentanyl and immigration? The short answer is no. Data from U.S. Customs and Border Protection clearly shows that Canada contributes a negligible share to America’s fentanyl imports. Furthermore, immigration challenges are predominantly centered on the southwest border, as the statistics reveal.

So, what’s next? Canada and Mexico plan to challenge the tariffs under USMCA rules but resolving the dispute could take time. During Trump’s first term, he imposed tariffs on steel and aluminum and threatened the auto sector to force a NAFTA renegotiation. In response, Canada retaliated with higher tariffs on U.S. steel, aluminum, and various other goods. It took nearly two years from Trump’s election to finalize the USMCA. Similarly, in 2018, tariffs on Canadian solar products weren’t lifted until two years later, when they were found to violate USMCA terms.

Prime Minister Trudeau has vowed to get the tariffs lifted as quickly as possible. He also emphasized that picking fights with friends and allies is, in his words, a very dumb thing to do. If the tariffs persist beyond a few weeks, Canada and Mexico may push for an early renegotiation of CUSMA/USMCA. The first scheduled USMCA review between the U.S., Mexico, and Canada is set for summer 2026. Let’s see what happens in the next few hours.

EUR: soars to 16-week high

George Vessey – Lead FX & Macro Strategist

The euro is up a whopping 2.5% versus the US dollar this week, erasing last week’s losses and more and hitting its highest level ($1.0640) since November. The playbook until now has been that rising tariff tensions were bad for the common currency as the EU would be targeted next by Trump. However, with investors more focussed on the negative implications for the US economy in an already softer US economic backdrop, the dollar has been the biggest loser of these tariff measures so far.

There is a realisation that the US dollar must adjust to a new reality of higher domestic prices and weaker growth, owing to Trump’s tariff measures. It’s losing its safe haven appeal it seems. Moreover, the dovish recalibrations of Fed policy has pushed the Eurozone-US real rate differential to its highest since September, having hit a 1-year low back in December just two weeks before EUR/USD fell to its lowest level in two years. The euro might have the legs to rise even higher over next couple of weeks to bring it close to fair-value territory implied by real rate differentials. Plus, the news coming out of Brussels that the EU is looking to boost defence spending could raise economic growth prospects and reduce expectations of rate cuts by the ECB (European Central Bank).

The ECB meets on Thursday, with a 25-basis point cut baked into market pricing. But the governing council may introduce new language to suggest that further reductions to the policy rate beyond March are no longer a given. This might spur a re-pricing of the rate cuts that the markets have factored in and provide an even stronger tailwind for the euro.

The trade war has begun

Boris Kovacevic – Global Macro Strategist

The tit-for-tat trade war is officially underway. The US administration enacted new tariffs yesterday, raising duties on most Canadian and Mexican imports to 25% while doubling the existing 10% levy on Chinese goods to 20%. Retaliation was swift—Canada announced a phased tariff plan targeting approximately $100 billion worth of US goods, Mexico is expected to follow suit by the end of the week, and China imposed tariffs of up to 15% on select US products.

Until now, investors had grown complacent about tariff risks, reassured by Trump’s repeated delays and adjustments to the rollout. However, the latest round of levies signals a clear deterioration in trade relations, significantly increasing US recession risks. Investors on Polymarket have adjusted their outlook, accordingly, pushing the probability of the US economy contracting for two consecutive quarters this year from 23% last week to 37% today. This shift in sentiment is also evident in fixed-income markets, where expectations for Federal Reserve rate cuts have surged—markets now fully price in three rate cuts for the year.

Fears of a prolonged trade conflict and economic downturn have sent bond yields, the US dollar, and global equities tumbling. European markets, wary that the continent could be the next target for US tariffs, saw the STOXX 600 suffer its steepest daily loss (-2.1%) since August. While US equities pared some of their declines, they remain vulnerable. Treasury Secretary Bessent has reiterated the administration’s commitment to prioritizing Main Street over Wall Street, reinforcing concerns that the so-called “Trump put” may be far lower than initially expected. However, the confusion over the length and goal of Trump’s tariffs remains. Less than twelve hours after imposing these tariffs, did US Commerce Secretary Lutnik state that some of the levies might be taken back. Following the news flow and macro data remains critical.

GBP: Breaking through resistance barriers

George Vessey – Lead FX & Macro Strategist

The British pound is also surging higher against the US dollar amidst a slowdown in US economic data, eliminating the US ‘exceptionalism’ narrative and driving a convergence in US performance with elsewhere. GBP/USD has broken above its 200-day and 200-week moving averages and is flirting with $1.28 this morning, bang on its 5-year average and almost 6% higher than its January low of $1.21.

With key resistance barriers to the upside broken, sentiment in GBP/USD has shifted from short-term bearish to bullish. We half expected GBP/USD to trend lower over the next month before staging such a rebound, but it seems Trump trades are starting to unravel quicker, and the dollar’s tariff risk premium is fading fast as the focus shifts from the inflation implications of policy and onto the growth risks for the US economy. There are also indications that interest rates in the UK will stay higher for longer. While Bank of England Governor Andrew Bailey said recently that four rates in 2025 may be the most likely path for the evolution of the policy rate, still-sticky consumer prices and private sector wage growth may pose a hurdle.

As a result, sterling looks like an appealing currency in the G10 space, surging higher against low yielding safe havens as well as high-beta trade-sensitive currencies. GBP/JPY, for example, is up 1.2% this week, eying ¥192.0. GBP/CAD is up 1.4%, has risen every single day since February 11 and clocked a near 9-year high yesterday. However, with the surge in demand for the euro, GBP/EUR has slipped back from €1.21 to trade closer to the €1.20 handle this morning.

Euro shines across the FX space

Table: 7-day currency trends and trading ranges

Key global risk events

Calendar: March 03-07

All times are in ET

Have a question? [email protected]

*The FX rates published are provided by Convera’s Market Insights team for research purposes only. The rates have a unique source and may not align to any live exchange rates quoted on other sites. They are not an indication of actual buy/sell rates, or a financial offer.

Latin America has them; the world wants them. But regional governments, and their citizens, are of two minds about the costs and benefits of further development. 

The increasing competition between world powers to secure the future of their manufacturing and technology supply chains is turning Latin America’s unique pool of critical minerals and rare-earth elements into a critical new battleground.

“The region has immense mineral wealth,” says Henry Ziemer, associate fellow at the Center for Strategic and International Studies (CSIS), “particularly in the form of copper and lithium, which are projected to skyrocket in demand, as well as more bespoke minerals such as niobium, used in aerospace and steel manufacturing; nickel; and rare-earth elements.”

Global demand for lithium could increase by a factor of 40 over the next 15 years, the International Energy Agency (IEA) projects, and according to S&P Global Market Intelligence, it could outpace current global production output by 2028. The IEA also projects copper demand to soar by 40% over the next five years, outpacing current output by 2030. 

Lithium demand appears more vulnerable to changing dynamics in the green energy market, particularly as the Trump administration pulls the US out of the Paris Agreement and slashes carbon emission goals. But the same can’t be said of copper, which is “almost certain to remain high in demand as it will be critical for applications ranging from green energy and electric vehicles to the wiring needed to power AI data centers,” Ziemer argues.

Latin America holds some 60% of the world’s lithium reserves and another 40% of copper reserves, as per IEA data, and is home to seven of the world’s 10 most productive copper mines. Moreover, most of the world’s top-producing countries for the two metals are in the region, with Bolivia, Argentina, and Chile spearheading the list for lithium and Chile and Peru for copper.

Diversifying Supply Chains

As competition intensifies between China and the US, particularly in technology, and as global supplies of metals become further strained by increasing demand, diversifying mineral supply chains is becoming both a geopolitical and a corporate top priority.

According to UN research, China  holds over 40% of the global smelting and refining capacity for copper, lithium, rare earths, and cobalt. In Latin America, China accounted for a massive 65% of Chilean mineral exports in 2021, amounting to about 6% of Chile’s GDP, according to the World Bank.

“China’s market dominance allows it to exert significant influence over global pricing,” says Melissa Sanderson, board member of American Rare Earths, “whether through increasing or restricting exports of key commodities or by implementing other restrictions on key materials.”

One of the main reasons US President Donald Trump has expressed a desire to annex Canada is the country’s supply of metals and minerals, Canadian Prime Minister Justin Trudeau said recently. “This is a strategic vulnerability for the US vis-à-vis China, as it is for much of the Western world, just given China’s control of the critical minerals around the world,” he observed.

In one of the first deeds of his second term, Trump declared a national energy emergency and promised to further decouple from China’s midstream supply chain. He followed this by announcing a 10% global tariff on Chinese goods, to which Beijing responded with—among other things—a curb on exports of minerals that it uses in its supply chain.

The intensifying risk of trade war is likewise prompting companies to decouple from their current mineral supply chains.

“Trump’s early signals have supply chains on edge, especially in industries that rely on manufacturing and critical materials,” says Tim Heneveld, country director for Pergolux in North America. “Companies are rethinking where they source materials, with many looking to secure alternative suppliers or shift production to regions with fewer geopolitical risks.”

Forging more resilient mineral supply chains will come at a cost, however, says Laura Dow, business director at CPG Sourcing, which specializes in sourcing materials and products with a focus on China. “Companies that prioritize a well-balanced, future-proof supply chain will be the ones best positioned for long-term success.” 

As Iggy Domagalski, CEO of Canadian industrial products and services provider Wajax, explains, “This dynamic has prompted the US and Canada to seek stronger partnerships in Latin America to diversify and secure their critical mineral supplies.”

Achieving Full Potential

While Latin America holds some of the world’s largest reserves of critical minerals and rare-earth elements, much of this is still untapped. Further development could prove a key solution for increasingly strained global supply chains. 

“The region, with a few exceptions, has so far not been able to realize its full potential in the value chains for critical minerals,” notes a co-authored research piece by Economist Impact and J.P. Morgan Private Bank, “and therefore, in those for clean energy and digital components.”

An ongoing challenge will be opening new mines, says Ziemer, “as global demand is projected to outpace production for key inputs like lithium and copper by 2030. Given that it can take years or even decades from staking a mining claim to first production, new projects need to be under development sooner rather than later or risk a worldwide supply crunch for several critical minerals.”

Local Governments: Correcting Historical Imbalances

Given these tensions, local populations distrust the sector’s push for development in the region, and particularly for the opening of new mines: a key requirement for output expansion.

“The increase in demand [for critical minerals] has come with a price, as many communities in Latin America find themselves bearing the environmental and physical costs of increased mining,” Ziemer notes.

This has pushed local governments to step in with increased state funding and more public-private partnerships, diversifying production and output supply chains.

The region’s largest economy, Brazil, which holds the world’s third-largest global reserves of nickel and rare-earth elements, has devoted $815 million to bolstering projects in the field “in the context of sustainable and technological development,” Aloizio Mercadante, president of  Brazil’s National Development Bank, said last month.

Chile’s government-operated copper mining company, Codelco, closed a 35-year agreement with lithium manufacturer Sociedad Química y Minera de Chile to codevelop the extensive lithium resources in the Salar de Atacama salt flat between 2025 and 2060, aiming to further domesticate the midstream lithium business.

In lithium-rich Argentina, the latest development has come from government, with the signing of a cooperation deal with the US to further diversify the latter’s long-term sourcing away from China.

The moves follow significant backlash against foreign mining projects in countries including Panama, Chile, and Bolivia, leading notably to the recent shutdown of the Cobre Panama mine due to environmental concerns and popular unrest.

“The incident further underscores that demand alone for critical minerals does not mean countries, or their citizens, are prepared to accept an unrestricted expansion of mining,” Ziemer cautions.

​Bitcoin (BTC) was priced at $100 not too long ago. If you had made investments back then, you would be sitting on life-changing returns today. As of February 14, 2025, Bitcoin is trading at about $97,991. That would make a $1,000 investment when BTC was $100, almost $1 million today. Although Bitcoin has already moved astronomically, fresh prospects are opening themselves that might redefine wealth in 2025. Chainlink (LINK) and Rexas Finance (RXS) are noteworthy cryptos. Rexas Finance (RXS) is a better alternative for big gains in 2025. If you missed Bitcoin (BTC) at $100, Rexas Finance (RXS) is priced cheaply at $0.20 after rising 580% from $0.030. In the presale, Rexas Finance offered 7x gains to early investors and is set to be the next 100x altcoin in 2025 as it gains adoption from top cryptocurrency investors. 

Rexas Finance (RXS) – The Future of Real-World Asset Tokenization

By integrating actual assets onto the blockchain, Rexas Finance drives a financial revolution. Real estate, artwork, or goods— RXS lets you digitally tokenize and own these items. Making asset ownership more liquid, transparent, and available to everyone is upsetting established finance. The RXS presale has been outstanding. It began at merely $0.030 and surged to $0.20 in stage 12, a 580% increase. Early investors have already seen a 7x return on investment. So far, the presale has sold 450,397,194 RXS tokens, raising over $46,079,897. Time is running out for investors to purchase RXS before its June 19, 2025 IPO at $0.25, with just 9.92% of the final presale stage left. Those who buy now could still profit from 20% gains before its official release. Rexas Finance is 100% community-driven unlike many cryptocurrency initiatives depending on venture financing. Eliminating venture money guarantees more equitable distribution and greater community involvement. Achieving visibility on major websites confirmed the initiative’s reliability and boosted its prominence, making it self-possessed. Rexas Finance also passed a Certik audit, confirming its dependability and security. With over 1,453,121 submissions thus far, the $1 million RXS giveaway has also attracted great interest. Twenty fortunate winners will each receive $50,000 worth of RXS, generating further buzz around the idea. Completing giveaway activities on the Rexas Finance website will raise your odds of winning. According to analysts, Rexas Finance is looking bright; some estimate it to be a 100x altcoin by 2025. Given its actual application case, Certik audit, and explosive presale, one can easily understand. Early cryptocurrency investors experienced explosive expansion; RXS is looking to be among cryptocurrencies’ next big success stories.

Chainlink (LINK) – The Power Behind Smart Contracts

Another crypto with great upside possibility is Chainlink (LINK). Leading a distributed Oracle network allows smart contracts to engage with actual data. This is essential for blockchain technology’s wider acceptance in supply chains, insurance, and banking. LINK is currently valued at $19.59; analysts project it will be $50 by the end of 2025. Chainlink is a wise investment because more projects depend on its Oracle services, and demand is expected to rise. For investors who missed Bitcoin at $100, LINK could change your life in 2025. 

Why Rexas Finance and Chainlink Are Must-Buy Cryptos in 2025

Both Rexas Finance and Chainlink offer game-changing innovations that set them apart.

• Rexas Finance is revolutionizing real-world asset ownership, making it accessible through blockchain.
• Chainlink is essential for smart contract functionality, ensuring seamless blockchain integration with external data.

Early investors have a great chance for large returns with RXS, which is in its last presale stage at $0.20 and scheduled to launch at $0.25. Meanwhile, LINK is positioned to ride the wave of distributed finance (DeFi) expansion. When Rexas Finance (RXS) is purchased at $0.20, it yields a 20% gain when it hits the top exchanges at $0.25. RXS is poised for more gains, as it could offer 100x gains in 2025, changing the lives of investors who missed BTC at $100. Should you regret missing Bitcoin at $100, this could be your second opportunity. Don’t wait until RXS and LINK hit fresh highs; guarantee your place today!

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance ​

Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

Updated on March 3rd, 2025 by Felix Martinez

At Sure Dividend, we believe that the best stocks to buy and hold to generate long-term wealth have several qualities in common. First, they are strong businesses that lead their respective industries, with the ability to generate consistent profits year after year—even during recessions.

Not only that, they also have shareholder-friendly management teams that are dedicated to raising their dividends each year. We advocate investing in the Dividend Aristocrats, a group of 69 companies in the S&P 500 Index, with at least 25 consecutive years of dividend increases.

You can download the full list of all 69 Dividend Aristocrats, along with several important financial metrics such as price-to-earnings ratios and dividend yields, by clicking on the link below:

Disclaimer: Sure Dividend is not affiliated with S&P Global in any way. S&P Global owns and maintains The Dividend Aristocrats Index. The information in this article and downloadable spreadsheet is based on Sure Dividend’s own review, summary, and analysis of the S&P 500 Dividend Aristocrats ETF (NOBL) and other sources, and is meant to help individual investors better understand this ETF and the index upon which it is based. None of the information in this article or spreadsheet is official data from S&P Global. Consult S&P Global for official information.

Each year, we review all the Dividend Aristocrats. Next up is Archer Daniels Midland (ADM).

Archer Daniels Midland has increased its dividend each year for 52 years in a row and has paid uninterrupted quarterly dividends to shareholders for 90 years. The company’s dividend is also relatively safe thanks to sound business fundamentals.

Business Overview

Archer Daniels Midland was founded in 1902 when George A. Archer and John W. Daniels began a linseed-crushing business. In 1923, Archer-Daniels Linseed Company acquired Midland Linseed Products Company, which created Archer Daniels Midland.

Today, it is an agricultural industry giant with annual revenue above $86 billion. The company produces a wide range of products and services designed to meet the growing demand for food due to rising populations.

Archer-Daniels-Midland’s businesses include processing cereal grains, oilseeds, and agricultural storage and transportation. The Ag Services and Oilseeds segment is Archer Daniels Midland’s largest.

Source: Investor Presentation

Archer-Daniels-Midland reported its fourth-quarter Fiscal Year (FY) 2024 results on February 4th, 2025. The company reported full-year earnings per share (EPS) of $3.65 and adjusted EPS of $4.74, both lower than the previous year. Net earnings totaled $1.8 billion, while adjusted net earnings reached $2.3 billion. The company generated $2.8 billion in cash flow from operations. In response to market challenges, ADM announced cost-saving initiatives targeting $500–$750 million and increased its quarterly dividend by 2%.

Fourth-quarter earnings before income taxes were $667 million, down 9% year-over-year. GAAP EPS increased 10% to $1.17, while adjusted EPS declined 16% to $1.14. Full-year earnings before taxes fell 47% to $2.3 billion, and total segment operating profit dropped 28% to $4.2 billion. The Ag Services & Oilseeds segment saw a 40% decline in operating profit due to lower crush margins and biofuel policy uncertainties, while Carbohydrate Solutions remained stable. The Nutrition segment fell 10%, with Human Nutrition down 22%.

ADM expects 2025 adjusted EPS between $4.00 and $4.75, reflecting continued market pressures. The company prioritizes operational improvements, portfolio simplification, and strategic capital allocation to drive long-term growth.

Growth Prospects

ADM faced growth challenges in 2024 due to tough comparisons following a strong prior period. Performance varied across its segments.

The Ag Services & Oilseeds segment saw a 40% drop in operating profit for the full year, driven by lower crush margins and biofuel policy uncertainties.

Carbohydrate Solutions remained stable, showing resilience despite market pressures.

The Nutrition segment declined 10% for the full year, with Human Nutrition down 22%, reflecting weaker demand.

Over time, ADM has reshaped its portfolio with acquisitions, joint ventures, and strategic divestitures.

Source: Investor Presentation

For example, the acquisition of Ziegler Group and the establishment of a nutrition flavor research and customer center are expected to improve growth prospects.

This positive outlook leads us to anticipate a feasible growth rate of approximately 3.0% for the next five years.

Competitive Advantages & Recession Performance

Archer Daniels Midland has built significant competitive advantages over the years. It is the largest processor of corn in the world, which leads to economies of scale and efficiencies in production and distribution.

It is an industry giant with ~440 crop procurement locations, ~300 food and feed processing facilities, and 64 innovation centers.

At its innovation centers, the company conducts research and development to respond more effectively to changes in customer demand and improve processing efficiency. Archer Daniels Midland’s unparalleled global transportation network serves as a huge competitive advantage.

The company’s global distribution system provides high margins and barriers to entry, allowing Archer Daniels Midland to remain highly profitable even during industry downturns.

Profits held up, even during the Great Recession. Earnings-per-share during the Great Recession are below:

• 2007 earnings-per-share of $2.38
• 2008 earnings-per-share of $2.84 (19% increase)
• 2009 earnings-per-share of $3.06 (7.7% increase)
• 2010 earnings-per-share of $3.06

Archer Daniels Midland’s earnings-per-share increased in 2008 and 2009, during the Great Recession. Very few companies can boast such a performance in one of the worst economic downturns in U.S. history.

Archer Daniels Midland’s remarkable durability in recessions could be due to the fact that grains still need to be processed and transported, regardless of the economic climate.

There will always be a certain level of demand for Archer Daniels Midland’s products. From a dividend perspective, the payout looks quite safe.

Valuation & Expected Returns

Based on the expected 2025 EPS of $4.21, ADM shares trade for a price-to-earnings ratio of 11.2. Archer–Daniels–Midland has been valued at a price-to-earnings multiple of ~15 over the last decade.

Our fair value P/E is 14, meaning the stock is undervalued.

An increasing valuation multiple could generate 6% annual returns for shareholders over the next five years. Future returns will also be derived from earnings growth and dividends.

We expect Archer Daniels Midland to grow its future earnings by ~3% per year through 2030, and the stock has a current dividend yield of 4.3%.

In this case, total expected returns are 13.3% per year over the next five years, a solid risk-adjusted rate of return for Archer Daniels Midland stock.

Final Thoughts

Archer Daniels Midland is coming off a few years of strong earnings growth. While earnings are expected to decline in 2024, we see the potential for a return to long-term growth.

The company has a long history of navigating challenging periods. It has continued to generate profits and reward shareholders with rising dividends.

The stock appears to be undervalued, and has a 4.3% dividend yield, plus annual dividend increases. As a result, Archer Daniels Midland seems to be a buy for dividend growth investors.

If you are interested in finding more high-quality dividend growth stocks suitable for long-term investment, the following Sure Dividend databases will be useful:

The major domestic stock market indices are another solid resource for finding investment ideas. Sure Dividend compiles the following stock market databases and updates them monthly:

Trade wars continue to roil the stock market … good news on the semiconductor front … an AI Applier recommendation from Eric Fry … more jobs losses due to AI

Earlier today, all three major stock indexes found themselves deep in the red as President Trump’s trade war escalates.

This morning, 25% tariffs on imports from Canada and Mexico went into effect, as did 20% levies on Chinese goods.

In response, China will impose new 10%-15% tariffs on certain U.S. imports next week… Canada is applying 25% tariffs on more than $20B of U.S. imports immediately … and Mexican President Claudia Sheinbaum said she will announce her tariff plans this weekend.

Stepping back, brief levies used as a negotiating tool are one thing… extended tariffs as a “new normal” for U.S. trade policy is another.

Today’s market upheaval reflects fears that we’re slipping into a “new normal” that would weigh on corporate earnings and the U.S. consumer.

The related economic uncertainty is creating a “batten down the hatches” mindset for corporate managers that’s slowing business activity.

For more on this, let’s jump to our hypergrowth expert Luke Lango. From yesterday’s Innovation Investor Daily Notes:

The U.S. economy is clearly buckling under the pressure of heightened policy uncertainty.

GDP grew by 2.3% in the fourth quarter of 2024. Real-time estimates for GDP growth in Q1 have fallen to -1.5%.

In other words, U.S. economic growth has fallen off a cliff over the past two months from steady growth (2.3%) to fairly meaningful contraction (-1.5%) …

According to the February ISM Manufacturing Report released [yesterday] morning, the U.S. economy is moving in all the wrong directions right now.

Business activity is collapsing, with the New Orders index falling from 55.1 to 48.6 – its lowest level since October 2024.

Labor conditions are deteriorating, with the Employment index falling from 50.3 to 47.6 – its lowest level since October 2023.

And inflation pressures are spiking, with the Prices Paid index surging from 54.9 to 62.4 – its highest level since June 2022.

Everything is going in the wrong direction.

Before we get too bearish, Luke remains optimistic that these tariffs won’t become permanent

He sees stocks roaring back when today’s uncertainty dissipates. And that point is approaching.

Back to Luke:

Policy uncertainty will abate in the coming weeks. It may even be replaced by policy optimism as the new administration shifts its focus from tariffs and federal spending cuts to deregulation and tax cuts.

As that happens, stocks should rebound…

Aside from policy risks, the fundamentals underlying the stock market remain positive and strong. That’s why we believe that as policy risks ease, this market will blast higher.

I’ll note that stocks are trading off their morning lows as I write early afternoon. The Nasdaq has jumped from “2% down” to less than half a percent lower.

Who knows where we’ll close, but this is encouraging, and has shades of Luke’s forecasted rebound.

Circling back to tariffs, Trump will likely defend/promote his policies tonight when he delivers the first joint congressional address of his second term. In the meantime, mind your stop-losses…and look for great stocks that are now selling at panic prices.

I’ll share one stock to consider below.

Following the trail of innovation…

Let’s follow the steppingstones.

AI is the future…

The nation that leads the AI race will gain a significant edge – both economically and militarily – over its rivals…

At the heart of this competition lies cutting-edge semiconductor technology…

And that places Taiwan Semiconductor Manufacturing Co. (TSMC) squarely in the global spotlight.

According to The Economist, Taiwan produces more than 60% of the world’s semiconductors and over 90% of the most advanced ones. And most of them come from TMSC.

To make sure you’re not confused, Nvidia designs the most advanced AI chips, but it does not manufacture them. Instead, it relies on TSMC to produce its cutting-edge chips, including the latest GPUs used for AI.

With this context, yesterday brought important news.

From The Wall Street Journal:

Taiwan Semiconductor Manufacturing Co. intends to invest $100 billion in chip-manufacturing plants in the U.S. over the next four years under a plan expected to be announced later Monday by President Trump, according to people familiar with the matter.

The investment would be used to build out cutting-edge chip-making facilities.

Such an expansion would advance a long-pursued U.S. goal to regrow the domestic semiconductor industry after manufacturing fled largely to Asian countries in recent decades.

This is a big next step in our AI war with China

Taiwan – particularly TMSC – is a potential flash point between the U.S. and China.

China has increasingly asserted its intention to reunify with Taiwan, using both military posturing and political pressure. Recent activities include intensified military drills and frequent incursions into Taiwan’s air space. Experts suggest this signals a readiness to use force if Beijing deems it necessary.

Here’s The Guardian:

China’s military launched a record number of warplane incursions around Taiwan in 2024 as it builds its ability to launch full-scale invasion, something a former chief of Taiwan’s armed forces said Beijing could be capable of within a decade.

TMSC – being the world’s largest contract chipmaker and a key supplier of cutting-edge semiconductors – is critically important to both China and the U.S., making the news of the $100 billion investment even more significant.

Domestic chip production would be critical if a worst-case scenario plays out between the U.S. and China over the coming years.

We’ll keep you updated as this story unfolds.

Meanwhile, a reminder to invest in “AI Appliers” – even more so today while the markets are panic selling

If you’re new to the Digest, “AI Appliers” are the companies using AI to grow revenues, cut costs, and beef up bottom lines. Here’s a bit more color from our global macro expert Eric Fry, editor of Investment Report:

AI Appliers take foundational tech breakthroughs – like Nvidia AI chips – and profit off utilizing them.

Some companies use AI to enhance businesses, while others provide the energy AI needs to run.

These are the companies now set to produce strong investment gains in the coming years.

In recent weeks, we’ve highlighted various AI Appliers recommended by our experts. Let’s highlight with another one, courtesy of Eric:

Coupang may not be a household name here in the United States, but the company is well known in every South Korean household. Coupang is South Korea’s go-to provider of Amazon-like services.

In his analysis, Eric highlights the company’s Q1 2024 earnings call in which founder Bom Suk Kim spoke to Coupang’s AI initiatives.

I’ll include a snippet of it below, as this is the exact type of commentary that we should be looking for from the CEOs of the companies in which we’re investing today.

From Kim:

Machine-learning and AI continues to be – have been a core part of our strategy. We’ve deployed them in many facets of our business from supply chain management to same-day logistics.

We’re also seeing tremendous potential with large language models in a number of areas from search and ads to catalogue and operations among others.

There is exciting potential for AI that we see and we see opportunities for it to contribute even more significantly to our business.

But like any investment we make, we’ll test and iterate and then invest further only in the cases where we see the greatest potential for return.

This focus isn’t new. Eric notes that Coupang’s e-commerce platform already utilizes AI and advanced robotics.

Meanwhile, the company’s other patent-protected AI-related tech can predict future order volumes, alert product managers when prices fluctuate significantly, optimize Coupang Eats delivery, and enhance search accuracy.

And if this isn’t enough, there’s one final reason to consider Coupang…

Stanley Druckenmiller – arguably one of the greatest traders of all time – is heavily invested.

For newer Digest readers, “the Druck” is a market legend. He’s credited alongside George Soros as “breaking the Bank of England” when the two made $1 billion from shorting the pound. He has perhaps the best long-term investment track record of any investor alive.

As of mid-November 2024, Coupang was one of his top five holdings.

Bottom line: If you’re looking for a top AI Applier that’s not already in the average U.S. investor’s portfolio, give Coupang a hard look.

By the way, the stock is down about 10% over the last two weeks as this selloff continues.

For additional AI Appliers that Eric is recommending in Investment Report, click here to learn about joining him.

Finally, maintain a big-picture perspective on why you’re investing in AI

Unfortunately, it’s not just about investment gains…

It’s about being on the right side of history and securing your future.

Right now, in closed-door business meetings around the country, executives are having the same conversation…and it’s leading to the same action step…

The most effective way for companies to increase profits today is by letting go of expensive, error-prone human workers and replacing them with inexpensive, near-perfect AI workers.

Here’s a tiny sampling of what’s been happening in the corporate world recently:

• Salesforce: Management announced layoffs due to artificial intelligence, indicating a strategic move towards automation to enhance efficiency.
• Autodesk: The software company will cut approximately 9% of its to increase efficiency and focus on growth areas such as artificial intelligence.
• Workday: They’ll be laying off about 8% of its workforce as part of a shift towards more AI-driven solutions and investments.
• Duolingo: In January last year, it offboarded 10% of its contractor workforce as the company pivoted to AI for content translation.
• Siemens: It’s considering cutting up to 5,000 jobs globally in its factory automation sector due to ongoing challenges, with a focus on integrating AI to enhance efficiency.

I could list dozens of these stories, but they all point to the same takeaway…

AI is replacing a growing number of the corporate workforce

Executives will do all they can to avoid directly stating this reality. After all, it looks terrible in the headlines. So, they’ll mask it with business jargon, using words like “efficiency” and “streamlining.” But the takeaway is the same…

More jobs lost to AI/automation.

To be clear, this isn’t about struggling companies using AI as a lifeline to right the ship and return to profitability. Most of the companies incorporating AI today are profitable. But AI can help them become even more profitable.

Here’s Forbes making this point yesterday in an article highlighting corporate job cuts coming in March:

Michael Ryan, a financial advisor, says that AI is a big driver in the announcements…

“It’s not like these companies are struggling to stay afloat. They’re making these cuts while their bottom lines look good.

“I think what we’re seeing isn’t just a normal economic hiccup. It feels more like companies are using this moment to fundamentally reshape how they operate.

“They’re thinking, ‘Well, if we can replace these positions with automation, why wouldn’t we?’”

This is the direction corporate America is headed. Here’s how I put it in our Oct. 7, 2024, Digest:

Imagine a billiards table with its pool balls spread about the table randomly…

Now, imagine hoisting up a corner of the table so that all the balls roll into a single pocket.

This is the financial impact of Artificial Intelligence (AI) on global wealth.

AI is lifting the billiards table… the pool balls are global wealth/investment capital… and the one pocket receiving all the balls are the owners of the businesses that wisely and effectively implement AI technologies.

What about the five other empty pockets?

Well, they’re the businesses that fail or are unable to adapt to next-gen AI technology or business models. They’re also the “regular Joes” who get shafted financially as AI steps in to do their jobs faster, better, and cheaper…

In the era we’re entering, there will be just two types of people: the owners of AI, benefiting from the lopsided flow of capital, and everyone else, who are watching AI swallow their former economic productivity like light into a black hole.

So, what do we do?

From an active income perspective, become proficient at whatever AI tools are most relevant to your industry (if applicable), and use them to make yourself more effective.

From a passive income perspective, your best defense is a good offense of well-placed AI investments.

That’s what we’re trying to help you achieve here in the Digest with recommendations like CPNG.

Bottom line: Make sure you’re ready for what’s coming…because it’s already begun.

Have a good evening,

Jeff Remsburg