Monthly dividend stocks can be a great way to generate consistent income for investors. If you’re looking for the highest paying monthly dividend stocks, you’re in luck. Here are 10 of the top monthly dividend stocks that offer attractive yields to investors.
1. Realty Income Corporation (O) – Realty Income Corporation is a real estate investment trust (REIT) that focuses on retail properties. It offers a monthly dividend yield of around 4.2%.
2. Main Street Capital Corporation (MAIN) – Main Street Capital Corporation is a business development company that provides debt and equity financing to small and middle-market companies. It offers a monthly dividend yield of around 6.4%.
3. Shaw Communications Inc. (SJR) – Shaw Communications Inc. is a Canadian telecommunications company that offers cable television, internet, and phone services. It offers a monthly dividend yield of around 4.6%.
4. Stag Industrial Inc. (STAG) – Stag Industrial Inc. is a real estate investment trust (REIT) that focuses on industrial properties. It offers a monthly dividend yield of around 4.5%.
5. LTC Properties Inc. (LTC) – LTC Properties Inc. is a real estate investment trust (REIT) that focuses on senior housing and healthcare properties. It offers a monthly dividend yield of around 5.2%.
6. EPR Properties (EPR) – EPR Properties is a real estate investment trust (REIT) that focuses on entertainment, recreation, and education properties. It offers a monthly dividend yield of around 5.6%.
7. Global Net Lease Inc. (GNL) – Global Net Lease Inc. is a real estate investment trust (REIT) that focuses on commercial properties. It offers a monthly dividend yield of around 9.2%.
8. Gladstone Investment Corporation (GAIN) – Gladstone Investment Corporation is a business development company that provides debt and equity financing to small and medium-sized businesses. It offers a monthly dividend yield of around 7.3%.
9. Pembina Pipeline Corporation (PBA) – Pembina Pipeline Corporation is a Canadian energy transportation and midstream service provider. It offers a monthly dividend yield of around 6.1%.
10. Prospect Capital Corporation (PSEC) – Prospect Capital Corporation is a business development company that provides debt and equity financing to middle-market companies. It offers a monthly dividend yield of around 8.3%.
These monthly dividend stocks offer attractive yields to investors looking for consistent income. Consider adding some of these high-paying stocks to your portfolio for a steady stream of monthly dividends.