Many low-risk investors prefer monthly dividend stocks for their reliability and steady stream of income. Our list is composed of stocks that deliver the best of both these worlds — high payouts and a monthly distribution schedule that offers a reliable, steady income. Consider this list a jumping-off point as you do your due diligence before investing in monthly dividend stocks.
Our top picks for where to buy the best monthly dividend stocks
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
The 4 best monthly dividend stocks of 2024
We selected these stocks based on their monthly dividend payout schedule and current and historical yields.
Logo | Stock and ticker | Stock description | YTD return | |
---|---|---|---|---|
![]() | STAG Industrial (STAG) | STAG is a real estate investment trust (REIT) specializing in the ownership and management of single-tenant industrial properties. | 2.82% | |
![]() | Agree Reality Corp. (ADC) | ADC is a REIT focused on the ownership, development, and management of retail and commercial properties. | -21.13% | |
![]() | Reality Income Corp. (O) | Realty Income Corp. (O) is a real estate investment trust (REIT) that focuses on owning and leasing retail and commercial properties, often referred to as “The Monthly Dividend Company” for its consistent monthly dividend payments. | -25.30% | |
![]() | Gladstone Land Corp (LAND) | PECO is a real estate company specializing in owning and operating grocery-anchored shopping centers throughout the United States. | -25.56% |
How to buy the best monthly dividend stocks in 5 easy steps
- Choose an online stock trading platform. Choose from our Top Picks above or jump straight to the best stock trading apps of 2024.
- Sign up for an account. Provide your personal information and sign up.
- Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
- Choose the stocks you want to buy. Search for the stock by name or ticker symbol.
- Place your order. Buy the stock. It’s that simple.
Frequently asked questions about monthly dividend stocks
Bottom line
Though many don’t offer the explosive growth that aggressive investors look for when trading stocks, dividend stocks that pay monthly provide income investors with the peace of mind of a steady income stream. As you look to build out your portfolio of income-producing stocks, these seven best monthly dividend stocks are a great place to start. But always practice your own due diligence before making any investment decision.
More guides on Finder
-
Best brokerage accounts for index funds [July 2024]
Our picks of the best brokerage accounts for index funds for beginners, teens, proprietary funds and more.
-
Options trading strategies for beginners
Learn these options trading strategies to lock in profits and get acquainted with a new asset class.
-
Opto review 2024: $0 commission, fractional theme investing
Trade commission-free stocks and ETFs with Opto, and stay ahead by spotting emerging trends through thematic investing.
-
How to buy the new spot Ethereum ETFs
Spot Ethereum ETFs might soon be approved. Here’s how to invest if and when they become available to trade.
-
Best broker cash sweep rates for July 2024
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
-
Today’s best brokerage account bonuses [Signup and transfer promos]
Explore the best bonuses for opening a new brokerage account.
-
10 top semiconductor stocks to buy in 2024
We’ve rounded up stats on some of the most popular semiconductor stocks, along with information on how they compare and how to invest.
-
11 best brokerage accounts of July 2024: Top picks for investors
Check out our picks of the best brokerage accounts for beginners, micro-investing, crypto trading and more.
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
7 best ways to invest $10K
Check out our 7 ideas for how to invest $10K to maximize your money.
Ask a question