Our latest recommended stock is Chatham Lodging Trust (CLDT). At around $19 per share, CLDT yields almost 7%. This is also a monthly dividend stock. 

The hotel/lodging business is the one REIT sector that will most benefit from stronger economic growth. Hotels can change their rates from day to day, allowing them to react to higher demand.

In this market, its tough to make a decision to buy more shares as prices continue to fall. However, it is impossible to pick tops and bottoms. A dividend-focused approach allows us to buy to grow our dividend stream.

It's OK if we buy a stock and then it falls farther. The share price will eventually recover and the plan is to collect nice dividend checks along the way. CLDT will be a longer-term superior performer. 

In the intermediate-term, it gives us monthly dividend checks and a lot of financial flexibility. Buy or add shares of CLDT under $20. 

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