Do you want to boost your investment portfolio with regular cash flow through dividend stocks that pay monthly dividends?
Then, you’ve come to the right place because we share the top 10 stocks offering monthly dividend income. From stable returns to consistent payouts, these dividend-paying stocks can add a steady stream of income to your financial strategy.
Let’s explore diverse options across various sectors and help you find the perfect fit for your investment goals. Investors, analysts, and hedge fund managers always consider these assets paying regular dividends to shareholders.
Table of Contents:
Reasons Why Some Companies Pay Dividends Every Month?
Company strategy
A company might adopt a monthly dividend policy to signal financial strength and stability to investors. Consistent, predictable payouts can demonstrate the company’s confidence in its future earnings and ability to generate consistent passive income.
To encourage investors
It can attract more investors, especially those seeking regular income, like retirees, income-focused investors, and individuals relying on consistent cash flow. Monthly dividend rewards can also boost the company’s stock demand.
Law and tax compliance
Some companies like Real Estate Investment Trusts (REITs) generate monthly rent income and are required by law to distribute their net earnings to shareholders in the same frequency they receive it. Some companies choose a quarterly payment schedule instead of a monthly one.
Top 10 Stocks That Pay Monthly Dividends:
1. Realty Income Corp. (O)
Realty Income Corporation is a Real Estate Investment Trust (REIT) company that focuses on retail properties. With its solid track record of providing steady income to investors through monthly dividends, O stands out as an attractive option. It’s also one of the best dividend stocks on the market.
Its diverse portfolio boasts prominent tenants like Walmart, Walgreens, 7-Eleven, Tesco, and Dollar General, ensuring a reliable source of rental income. The company’s strategic focus on quality tenants helps minimize risks associated with fluctuations in the real estate market, making it a dependable choice for regular investment income.
| Dividend Yield | Annual Dividend |
|---|---|
| 5.91% | $3.078 |
O’s commitment to maintaining a healthy payout ratio further underscores its dedication to rewarding shareholders with sustainable dividends over time. By prioritizing long-term growth and stability in their dividend payments, Realty Income Corporation remains an appealing choice for individuals looking to generate passive income from real estate investments.
2. STAG Industrial, Inc. (STAG)
STAG Industrial, Inc. is another REIT that specializes in investing in single-tenant industrial properties throughout the United States. It maintains a robust track record of consistently providing monthly dividends by focusing on warehouses, distribution centers, and manufacturing facilities.
Currently, STAG Industrial owns 569 buildings in 41 US states valued at $9.9 billion.
The company’s commitment to offering steady monthly dividends sets it apart as an attractive option for those seeking reliable income from their investments. As an investor, I really appreciate constantly receiving regular payments from a dividend stock like STAG.
| Dividend Yield | Annual Dividend |
|---|---|
| 3.98% | $1.479996 |
3. Main Street Capital Corp. (MAIN)
Main Street Capital Corporation (MAIN) is a business development company specializing in providing debt and equity capital to small and middle-market companies. It currently has over $7.2 billion in capital under management.
MAIN has built trust among shareholders who rely on stable returns with its consistent track record of dividend payments. Diversification is key within its portfolio, which spans various industries such as healthcare, manufacturing, and technology.
| Dividend Yield | Annual Dividend |
|---|---|
| 6.30% | $2.88 |
4. AGNC Investment Corp. (AGNC)
AGNC Investment Corporation, commonly known as AGNC, is a mortgage real estate investment trust (mREIT) specializing in agency mortgage-backed securities. It strategically invests in selective assets well positioned to deliver superior risk-adjusted returns.
The company’s core focus is managing interest rate risks effectively by implementing various hedging strategies. This approach aims to safeguard investors’ interests and maintain stable dividend yields over time.
| Dividend Yield | Annual Dividend |
|---|---|
| 15.34% | $1.44 |
5. Apple Hospitality REIT, Inc. (APLE)
Apple Hospitality REIT owns one of the largest and most diverse portfolios of upscale hotels in the US. Its portfolio consists of 100 Marriott, 118 Hilton, and 5 Hyatt branded hotels. This brand partnership helps lessen risks associated with relying on a single hotel chain for revenue generation.
With the rise of digital nomads and increased travel post-pandemic, investing in hospitality REITs like APLE can offer stability and potential growth opportunities as the industry rebounds.
Hedge fund holders often find REITs attractive due to their consistent dividend payments and potential for capital appreciation over time. APLE also invests in popular and established hotel chains.
| Dividend Yield | Annual Dividend |
|---|---|
| 5.97% | $0.96 |
6. Agree Realty Corp. (ADC)
Agree Realty is a publicly traded Real Estate Investment Trust (REIT) and known as a $8B+ leader in acquisition and property development in the US. Its top tenants include Walmart, Home Depot, Best Buy, CVS Pharmacy, Lowe’s, Costco, Hobby Lobby and many more.
ADC has the leading retail portfolio in the US, with 2,135 retail properties of over 44 million square feet. Its goal is to provide consistent, high-quality earnings and dividend growth.
| Dividend Yield | Annual Dividend |
|---|---|
| 5.39% | $2.964 |
7. Gladstone Capital Corp. (GLAD)
Gladstone Capital was established in 2001 as a pioneer among business development companies (BDC), focused on extending loans to small and medium-sized businesses in the US.
Its strategy is to target current yield investments in companies focused on growth, with visible revenue streams and established cash flows. The company has over $750 million valued portfolio diversified across 51 companies and 12 different industries.
| Dividend Yield | Annual Dividend |
|---|---|
| 9.75% | $0.99 |
8. LTC Properties, Inc. (LTC)
LTC Properties is a real estate investment trust (REIT) specializing in senior living and long-term care properties. Its portfolio consists of 50% senior housing and 50% skilled nursing properties and is diversified by geography, operator, and property type.
These properties cater to the growing demand for elderly care services in an aging population demographic.
Investing in LTC allows investors to participate in the healthcare real estate sector while benefiting from the company’s recurring monthly dividends. This strategy can provide both financial rewards and exposure to the resilient nature of healthcare-related assets during economic fluctuations.
| Dividend Yield | Annual Dividend |
|---|---|
| 7.25% | $2.28 |
9. SL Green Realty Corp. (SLG)
SL Green is the largest office landlord in New York City. It is a fully integrated REIT that is focused on acquiring, managing, and maximizing the value of its commercial properties.
SLG’s portfolio has 58 buildings with 32.5 million square feet. That includes ownership interests in 28.8 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments.
| Dividend Yield | Annual Dividend |
|---|---|
| 6.19% | $3.00 |
If you want to have investment exposure in New York’s office spaces, owning some SLG shares can be a good option. It pays regular dividends monthly, too.
10. EPR Properties (EPR)
EPR Properties prides itself as “The Diversified Experiential REIT.” It has over $6.7 billion in investments and over 200 tenants in the USA and Canada.
EPR invests in properties that facilitate home leisure, recreation, and social experiences. It targets properties like golf complexes, bowling centers, casino resorts, national parks, recreation-based lodging, amusement parks, ski destinations, concert and performance venues, theaters, fitness and wellness centers.
| Dividend Yield | Annual Dividend |
|---|---|
| 8.03% | $3.30 |
Final thoughts:
Each company offers a unique opportunity for you to invest in, potentially creating a steady income stream for your portfolio. Remember, diversification is key in investing, so consider spreading your investments across different sectors to minimize risks and maximize returns.
Don’t just rely on stocks that pay monthly dividends. Invest more in companies that have excellent fundamentals and consistent earnings.
As you navigate the world of stock investments, keep in mind the importance of conducting thorough research and staying informed about market trends. When you ger to know the companies you invest in, you can make well-informed decisions that align with your financial objective.
Don’t miss reading:
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Disclaimer: This article is for information purposes only and should not be taken as professional investment advice nor recommendation. All investments have risks. Always practice due diligence and do research before investing your money.
