Are you looking for a steady stream of income from your investments? Monthly dividend stocks can be an excellent choice for those seeking regular cash flow. But with so many options available, which stocks offer the highest returns and are worth holding forever?
In this article, we will explore the top 10 highest paying monthly dividend stocks that you might consider adding to your portfolio. These stocks not only offer substantial monthly payouts but also have a track record of stability and growth potential. Let’s delve into the list and see which companies make the cut.
Table of Contents
1. Realty Income Corporation (O)
Realty Income Corporation has long been a favorite among dividend investors. Known as “The Monthly Dividend Company,” Realty Income has a solid reputation for providing consistent monthly dividends. The company primarily invests in retail and commercial properties, providing a stable income stream supported by long-term lease agreements.
2. Main Street Capital Corporation (MAIN)
Main Street Capital Corporation is a business development company (BDC) that provides capital to small and medium-sized businesses. With a focus on lower middle-market companies, Main Street Capital offers attractive monthly dividends, thanks to its diversified portfolio.
3. STAG Industrial, Inc. (STAG)
STAG Industrial specializes in acquiring and operating single-tenant industrial properties throughout the United States. The company’s focus on industrial real estate, which is experiencing high demand, makes it a reliable choice for monthly dividend income.
4. Prospect Capital Corporation (PSEC)
Prospect Capital Corporation is another BDC that invests in private middle-market companies across various industries. Known for its attractive dividend yield, Prospect Capital offers investors a way to benefit from monthly payouts while diversifying their investment portfolios.
5. AGNC Investment Corp. (AGNC)
AGNC Investment Corp. is a real estate investment trust (REIT) that invests in agency mortgage-backed securities. With its focus on residential mortgage-backed securities, AGNC provides investors with a high-yield monthly dividend, backed by a strong portfolio.
6. EPR Properties (EPR)
EPR Properties is a unique REIT that specializes in experiential properties, such as entertainment, recreation, and education. With its diverse property portfolio, EPR Properties offers a stable and attractive monthly dividend payout.
7. Pembina Pipeline Corporation (PBA)
Pembina Pipeline Corporation is a Canadian energy company that operates oil and gas pipelines, storage facilities, and processing plants. Its reliable cash flow from energy transportation and infrastructure makes it a strong contender for monthly dividends.
8. Shaw Communications Inc. (SJR)
Shaw Communications is a leading telecommunications provider in Canada. Known for its cable and satellite television, internet, and home phone services, Shaw offers a stable monthly dividend to investors, supported by consistent revenue streams.
9. Gladstone Investment Corporation (GAIN)
Gladstone Investment Corporation is a BDC that focuses on acquiring mature, privately held businesses. By offering debt and equity financing, Gladstone Investment provides attractive monthly dividends to its shareholders.
10. Gladstone Commercial Corporation (GOOD)
Gladstone Commercial Corporation invests in office and industrial properties across the United States. With long-term lease agreements, Gladstone Commercial offers a reliable monthly dividend, appealing to investors seeking consistent income.
Investing in monthly dividend stocks can be a rewarding strategy for those looking to supplement their income. However, it’s crucial to conduct thorough research and consider factors such as company stability, growth potential, and industry trends before making any investment decisions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.
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