Top 10 Dividend Stocks That Pay Monthly (2026 Guide)
What if your investments paid you every single month?
Most stocks pay dividends quarterly — every 3 months. That's fine if you're patient. But some stocks pay monthly, which means cash hitting your account 12 times a year. That's income you can actually budget around, like a mini paycheck from Wall Street.
We dug through the full list of 117 monthly dividend payers (sourced from Sure Dividend's database, updated March 2026) and picked the 10 best for everyday investors. We focused on:
- Reliable payment history (no one-hit wonders)
- Reasonable yield (high enough to matter, not so high it screams "trap")
- U.S.-listed stocks (easy to buy from any brokerage)
- Real business behind the dividend (actual revenue, not financial engineering)
Let's build your monthly income machine.
Quick Math: What $10,000 Gets You
Before we dive in, here's the deal. If you put $10,000 into a stock yielding 8%, you'd earn:
- $800 per year
- $66.67 per month
That's not life-changing money — but it's real money. And it compounds. Reinvest those dividends for 10 years, and $10,000 turns into roughly $21,600 without adding another dime.
Now imagine that across 5-10 different monthly payers. That's how you build a real income stream.
👉 Run the numbers yourself with our Dividend Calculator →
The Top 10 Monthly Dividend Stocks
1. Realty Income (O) — The "Monthly Dividend Company"
| Metric | Value |
|---|---|
| Price | ~$55.80 |
| Dividend Yield | 5.7% |
| Monthly Dividend | ~$0.264/share |
| Annual Dividend | ~$3.17/share |
| Sector | Retail REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $570 |
The story: Realty Income literally trademarked the phrase "The Monthly Dividend Company." They own over 15,400 commercial properties across the U.S. and Europe — think Dollar General, Walgreens, 7-Eleven, FedEx, Walmart. Tenants sign long-term leases and pay rent like clockwork.
They've paid 654+ consecutive monthly dividends and increased the dividend over 125 times since going public in 1994. This is as close to a "set it and forget it" dividend stock as you'll find.
Why we like it: The gold standard of monthly dividends. Not the highest yield, but the most reliable. If you only buy one monthly payer, make it this one.
2. AGNC Investment Corp (AGNC) — Mortgage REIT
| Metric | Value |
|---|---|
| Price | ~$9.50 |
| Dividend Yield | 15.2% |
| Monthly Dividend | ~$0.12/share |
| Annual Dividend | ~$1.44/share |
| Sector | Mortgage REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $1,520 |
The story: AGNC invests in agency mortgage-backed securities — basically, they buy bundles of government-guaranteed mortgages and collect the interest. At 15%+ yield, they're one of the highest-paying monthly stocks out there.
Why we like it: Fat yield that puts serious cash in your pocket every month. $10K invested = $126/month in dividends. That's a utility bill or a grocery run, paid for by your portfolio.
The risk: Mortgage REITs are volatile. The stock price bounces around with interest rates. Don't put all your eggs in this basket — but a 5-10% allocation can juice your income big time.
3. Main Street Capital (MAIN) — BDC King
| Metric | Value |
|---|---|
| Price | ~$56.20 |
| Dividend Yield | 7.8% |
| Monthly Dividend | ~$0.365/share |
| Annual Dividend | ~$4.38/share |
| Sector | Business Development Company |
| Payout Frequency | Monthly |
| $10K Annual Income | $780 |
The story: Main Street Capital lends money to small and mid-sized U.S. businesses — the type that can't easily get bank loans. Think of them as a private lender that passes the interest payments to shareholders. They also pay supplemental special dividends on top of the monthly payments.
Why we like it: MAIN is the best-managed BDC in the business. They've maintained or grown the regular dividend for over a decade. The stock has actually appreciated over time — rare for a BDC. You get income AND growth.
4. STAG Industrial (STAG) — Industrial REIT
| Metric | Value |
|---|---|
| Price | ~$35.40 |
| Dividend Yield | 4.2% |
| Monthly Dividend | ~$0.1233/share |
| Annual Dividend | ~$1.48/share |
| Sector | Industrial REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $420 |
The story: STAG owns single-tenant industrial properties — warehouses, distribution centers, manufacturing facilities. Think Amazon warehouses and logistics hubs. E-commerce needs warehouses, and STAG provides them.
Why we like it: Lower yield than others on this list, but the industrial REIT sector is booming. Occupancy rates are high, rents are rising, and e-commerce isn't slowing down. This is a "slow and steady wins the race" pick.
5. Agree Realty (ADC) — Net Lease REIT
| Metric | Value |
|---|---|
| Price | ~$76.50 |
| Dividend Yield | 4.0% |
| Monthly Dividend | ~$0.253/share |
| Annual Dividend | ~$3.04/share |
| Sector | Retail Net Lease REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $400 |
The story: Like Realty Income's younger, faster-growing cousin. Agree Realty owns over 2,200 net lease retail properties. Their tenants include Walmart, Tractor Supply, Dollar Tree, TJ Maxx, and Sherwin-Williams. The tenant pays rent, taxes, insurance, AND maintenance — Agree just collects checks.
Why we like it: Growing the dividend aggressively (7%+ annual growth rate). If you want monthly income that gets bigger every year, ADC is your play.
6. EPR Properties (EPR) — Experiential REIT
| Metric | Value |
|---|---|
| Price | ~$44.50 |
| Dividend Yield | 7.6% |
| Monthly Dividend | ~$0.285/share |
| Annual Dividend | ~$3.42/share |
| Sector | Specialty REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $760 |
The story: EPR owns "experiential" properties — movie theaters (AMC, Regal), water parks, ski resorts, eat-and-play venues (TopGolf, Dave & Buster's), and private schools. Their thesis: people will always spend money on experiences.
Why we like it: 7.6% yield with a unique niche. While retail is dying, experiences are thriving. People don't stream a water park or download a ski trip.
The risk: Movie theater exposure is a real concern. But EPR has been diversifying away from theaters and into education and recreation properties.
7. Gladstone Commercial (GOOD) — Diversified REIT
| Metric | Value |
|---|---|
| Price | ~$16.80 |
| Dividend Yield | 7.1% |
| Monthly Dividend | ~$0.100/share |
| Annual Dividend | ~$1.20/share |
| Sector | Industrial/Office REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $710 |
The story: Gladstone Commercial owns industrial and office properties across 24 states, leased to about 100 different tenants. They've paid monthly dividends for 17+ consecutive years. Q4 2025 results were strong — 99.1% occupancy, 100% rent collection, and they acquired $206 million in new industrial assets.
Why we like it: Consistent performer trading under $20. FFO of $0.37/share in Q4 beat estimates. The company is actively rotating out of office and into industrial — smart move.
8. LTC Properties (LTC) — Healthcare REIT
| Metric | Value |
|---|---|
| Price | ~$34.80 |
| Dividend Yield | 6.6% |
| Monthly Dividend | ~$0.19/share |
| Annual Dividend | ~$2.28/share |
| Sector | Healthcare REIT |
| Payout Frequency | Monthly |
| $10K Annual Income | $660 |
The story: LTC Properties invests in senior housing and skilled nursing facilities. America is aging — 10,000 baby boomers turn 65 every single day. That's not a trend; that's a demographic tidal wave. LTC has been paying monthly dividends since 2003.
Why we like it: Pure play on the aging population. The demand for senior care facilities will only increase over the next 20 years. Pays monthly, yields 6.6%, and has a long track record.
9. PennantPark Floating Rate Capital (PFLT) — BDC
| Metric | Value |
|---|---|
| Price | ~$10.80 |
| Dividend Yield | 11.3% |
| Monthly Dividend | ~$0.1025/share |
| Annual Dividend | ~$1.23/share |
| Sector | Business Development Company |
| Payout Frequency | Monthly |
| $10K Annual Income | $1,130 |
The story: PFLT lends to middle-market companies using floating-rate loans. "Floating rate" means the interest they earn goes UP when rates go up. In a higher-rate environment, their income actually increases. They pass most of that along as monthly dividends.
Why we like it: Double-digit yield at a reasonable price point. The floating-rate structure provides natural protection against rising interest rates. At ~$10.80, it's accessible for small investors.
10. Horizon Technology Finance (HRZN) — Tech BDC
| Metric | Value |
|---|---|
| Price | ~$9.20 |
| Dividend Yield | 13.0% |
| Monthly Dividend | ~$0.10/share |
| Annual Dividend | ~$1.20/share |
| Sector | Business Development Company |
| Payout Frequency | Monthly |
| $10K Annual Income | $1,300 |
The story: HRZN provides venture lending to technology, life science, healthcare IT, and sustainability companies. Think: lending to the next wave of tech startups that need capital to grow. They get higher interest rates because these are riskier borrowers.
Why we like it: 13% yield means $10K invested throws off $108/month. That's a real bill payment covered by dividends. The tech lending niche is unique among monthly payers.
The risk: Higher risk than traditional BDCs. Tech startups can fail. But diversification across 50+ portfolio companies limits the damage from any single loss.
Summary Table: Your Monthly Income Cheat Sheet
| # | Ticker | Price | Yield | Sector | $10K/Year Income | $10K/Month Income |
|---|---|---|---|---|---|---|
| 1 | O | $55.80 | 5.7% | Retail REIT | $570 | $47.50 |
| 2 | AGNC | $9.50 | 15.2% | Mortgage REIT | $1,520 | $126.67 |
| 3 | MAIN | $56.20 | 7.8% | BDC | $780 | $65.00 |
| 4 | STAG | $35.40 | 4.2% | Industrial REIT | $420 | $35.00 |
| 5 | ADC | $76.50 | 4.0% | Net Lease REIT | $400 | $33.33 |
| 6 | EPR | $44.50 | 7.6% | Specialty REIT | $760 | $63.33 |
| 7 | GOOD | $16.80 | 7.1% | Industrial REIT | $710 | $59.17 |
| 8 | LTC | $34.80 | 6.6% | Healthcare REIT | $660 | $55.00 |
| 9 | PFLT | $10.80 | 11.3% | BDC | $1,130 | $94.17 |
| 10 | HRZN | $9.20 | 13.0% | BDC | $1,300 | $108.33 |
If you spread $10,000 equally across all 10 stocks ($1,000 each)?
That's roughly $825/year or $69/month in blended dividend income. Not bad for doing literally nothing.
How to Build Your Monthly Dividend Portfolio
Step 1: Open a brokerage account (if you don't have one).
👉 Start with Moomoo — get up to 15 free stocks when you deposit — commission-free, great for dividend investors.
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Affiliate links. We may earn a commission at no cost to you.
Step 2: Start small. You don't need $10,000. Even $100/month into these stocks builds over time.
Step 3: Turn on DRIP (Dividend Reinvestment Plan). This automatically reinvests your dividends to buy more shares. Compound interest does the heavy lifting.
Step 4: Be patient. Monthly dividends are about building wealth slowly, not getting rich quick.
The Dangers of Monthly Dividend Stocks (Be Honest)
Let's keep it real:
- High yields can be traps. A 20%+ yield often means the market expects a dividend cut. Always check if the company can actually afford the payout.
- BDCs and mREITs are volatile. The stock price can drop 20% while paying you 12% in dividends. Net loss.
- Don't chase yield alone. A 4% yield from a growing company beats a 15% yield from a shrinking one over time.
- Diversify. Don't put everything in one stock. Spread across REITs, BDCs, and different sectors.
Related Tools
- Dividend Calculator — Calculate your expected dividend income from any stock
- Graham Number Calculator — Find the intrinsic value of dividend stocks
- P/E Ratio Calculator — Make sure you're not overpaying
- Free Stock Screener — Screen for high-yield monthly payers
Important Disclaimers
This is not financial advice. We present publicly available data for educational purposes. Dividend yields and stock prices change daily. Past dividends don't guarantee future payments.
Always do your own research. Consider your financial situation and risk tolerance before investing.
Data sources: Sure Dividend (117 monthly dividend stocks list, updated March 2026), company investor relations pages, SEC filings. Prices approximate as of March 4, 2026.
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