The 11 Best Monthly Dividend Stocks for June 2026: Top Picks for Regular Income

Monthly dividend stocks offer consistent payouts that can complement other investment strategies.

Since they pay you every month, not quarterly, you’re looking at more of a regular income stream.

In this article, we’ll look at 11 of the best monthly dividend stocks across safe names, high-yield plays, and REITs that deliver steady returns.

If you’re building a portfolio focused on dependable income, this list is a strong place to begin.

TL;DR: Top Monthly Dividend Stocks to Add

• STAG Industrial, Inc. (NYSE: STAG): Industrial‑REIT, monthly income from warehouses.
• Phillips Edison & Company (NASDAQ: PECO): Retail‑focused REIT with grocery‑anchored centers.
• EPR Properties (NYSE: EPR): Experiential REIT owning theaters, amusement, and entertainment venues.
• Realty Income Corporation (NYSE: O): Diversified commercial‑property REIT, monthly rent income.
• Apple Hospitality REIT (NYSE: APLE): Hotel‑property REIT with monthly dividends.
• Whitestone REIT (NYSE: WSR): Retail‑shopping‑center REIT with monthly payout.
• Agree Realty Corporation (NYSE: ADC): Net‑lease REIT with long‑term leases to national tenants.
• LTC Properties, Inc. (NYSE: LTC): Healthcare/senior‑housing REIT, monthly rent from operators.
• Dynex Capital, Inc. (NYSE: DX): Mortgage REIT investing in residential mortgage‑backed securities.
• Gladstone Commercial Corporation (NASDAQ: GOOD): Diversified REIT owning office, industrial, and other properties.
• Main Street Capital Corporation (NYSE: MAIN): BDC providing debt/equity capital that pays monthly dividends.

What Are Monthly Dividend Stocks and How Do They Work?

Monthly dividend stocks are companies that distribute earnings to shareholders in monthly installments. 

Instead of receiving one dividend payout every quarter (or semi‑annually), you get 12 smaller payments each year. 

This can smooth out income flow and make budgeting easier if you plan to rely on dividends to cover regular expenses, such as living costs or retirement spending.

Many monthly payers own real estate, lend to businesses, or invest in mortgage-backed securities.

These are businesses that generate steady cash flow, which enables regular monthly distributions. 

Because REITs are required to distribute a significant portion of earnings to maintain their tax‑advantaged status, they are natural candidates for monthly dividends.

The advantage of monthly dividends is predictability. 

Rather than waiting three months for a payout, investors receive frequent, smaller payments that can help with cash flow planning. 

How to Evaluate Monthly Dividend Stocks

When selecting a monthly dividend stock, yield alone should not be the deciding factor. 

Some of the most important considerations are dividend sustainability, cash flow stability, business model resilience, and financial health. 

Key evaluation criteria include payout ratio (how much of earnings or cash flow is paid out as dividends), balance sheet strength, diversity of income sources or tenants (for REITs), and sensitivity to economic or interest‑rate cycles.

Paying attention to the sector is also crucial. Real estate investment trusts (REITs) that rely on retail tenants might be vulnerable to economic downturns or changes in consumer behavior. 

Mortgage REITs and business development companies (BDCs) can be sensitive to interest‑rate shifts or credit risks. 

Diversifying across sectors and picking companies with conservative leverage, stable tenants or borrowers, and transparent payout practices helps reduce overall risk.

Finally, a track record of consistent monthly payments and, ideally, dividend increases over time is a positive sign. 

Companies that have maintained monthly distributions through downturns are often more resilient.

With these ideas in mind, let’s explore the 11 monthly dividend stocks worth a close look in 2026, grouped by their risk and yield profiles.

Best Monthly Dividend Stocks

STAG Industrial, Inc. (NYSE: STAG)

Overview

STAG Industrial is a U.S. real estate investment trust that owns and operates single-tenant industrial properties. 

Its portfolio covers more than 600 buildings across over 40 states, giving it strong geographic diversification. 

The company focuses on warehouses and distribution centers that support e-commerce and manufacturing, two areas that continue to expand steadily.

As a monthly dividend payer, it has built a reputation for reliability. 

The trust’s long-term leases with creditworthy tenants create stable cash flow, which helps support consistent distributions even in uncertain markets.

Growth Catalysts

Demand for industrial real estate remains strong as businesses continue to shorten delivery times and increase storage capacity closer to consumers. 

The ongoing shift toward online shopping keeps warehouse space in high demand. 

The company’s disciplined acquisition strategy also adds long-term value by targeting properties with room for rent growth and strategic locations near major transportation hubs.

Conclusion

STAG offers dependable monthly income supported by a stable and diversified portfolio. It benefits from structural trends that continue to drive industrial property growth in the U.S. 

For investors seeking a mix of consistency and moderate expansion potential, it remains a solid choice for 2025 and beyond.

Phillips Edison & Company (NASDAQ: PECO)

Overview

Phillips Edison & Company operates a large portfolio of grocery-anchored shopping centers across the U.S.

Its properties tend to host tenants like supermarket chains and essential-services retailers rather than high-end luxury shops.

With many centers spread over a range of markets and backed by steady foot traffic, the company aims for stable rental income that supports its monthly dividend structure.

Growth Catalysts

Because people always need groceries and essentials, grocery-anchored shopping centers generally weather economic swings better than discretionary retail real estate.

This gives Phillips Edison a defensive tilt. As demographics shift and suburban living continues, demand for convenient suburban shopping centers may remain strong. 

The REIT’s focus on stable essential-use tenants gives it a good shot at maintaining consistent cash flow even if the broader retail sector struggles.

Conclusion

Phillips Edison offers a reliable, income-oriented option. Its focus on essential retail tenants and grocery-anchored centers makes it less risky than many retail-heavy REITs.

For monthly income with moderate risk, PECO fits neatly as a dependable real-estate play.

EPR Properties (NYSE: EPR)

Overview

EPR Properties is a real estate investment trust that specializes in experiential properties, including theaters, ski resorts, water parks, and family entertainment centers. 

It provides folks with exposure to leisure and recreation assets, which generate steady cash flow through long-term leases. 

Despite coming from an unconventional sector of the real estate market, the company has faithfully paid out monthly dividends for years.

EPR has steadily diversified its property base beyond theaters, focusing on high-quality tenants and unique locations that draw consistent traffic.

Growth Catalysts

Consumer preferences continue to shift toward experiences over goods, which benefits EPR’s portfolio. Its properties serve operators in sectors that cater to this lifestyle trend. 

The company’s focus on long leases and inflation-adjusted rent increases adds predictability to its income stream.

Conclusion

EPR offers monthly income combined with exposure to entertainment and recreation. 

For investors who want diversification beyond traditional real estate, it represents a unique balance of yield, resilience, and growth potential.

Safe Monthly Dividend Stocks

Realty Income Corporation (NYSE: O)

Overview

Realty Income Corporation is widely known as “The Monthly Dividend Company.” As a large U.S. REIT, it owns and manages thousands of properties under long-term net leases across varied industries. 

Because tenants cover maintenance, taxes, and insurance under these lease terms, the company’s cash-flow profile is more predictable. 

It has declared hundreds of consecutive monthly common stock dividends and has a strong reputation for consistency in income delivery.

Growth Catalysts

The strength of Realty Income lies in its diversified tenant base and geographic footprint. 

By leasing to national brands and investing prudently, it supports ongoing dividend stability. Its disciplined capital-allocation model and history of incremental dividend increases make it attractive for investors looking beyond yield alone. 

The long-term lease structure gives it resilience in changing economic conditions.

Conclusion

For many income investors, Realty Income stands out as a dependable monthly payer with a track record and business model built for longevity. 

While returns might not soar as high as speculative plays, its steady income and diversification make it a core asset in a monthly-income strategy.

Apple Hospitality REIT (NYSE: APLE)

Overview

Apple Hospitality REIT owns a large, diversified portfolio of hotels across the United States, primarily under well-known brands such as Hilton and Marriott. 

Its properties cater to both business and leisure travelers, providing geographic and customer diversification. 

The company pays monthly dividends, appealing to income investors seeking steady, hospitality-driven returns.

Growth Catalysts

The long-term outlook for travel and lodging remains constructive as business trips resume and leisure travel continues to grow. 

With properties in prime and secondary markets nationwide, Apple Hospitality is well-positioned to capture this steady demand. 

Its focus on room-oriented hotels rather than full-service resorts also helps keep operating costs manageable and margins more predictable.

The company maintains a conservative approach to debt and capital allocation, giving it flexibility during economic fluctuations. 

This discipline, combined with a strong hotel brand mix, helps support consistent dividend payouts even in slower travel periods.

Conclusion

Apple Hospitality REIT offers a simple way to benefit from ongoing travel trends while generating reliable monthly income. 

It carries more cyclical risk than retail or industrial REITs but rewards patient investors with strong recovery potential and consistent payouts. 

For those comfortable with market cycles, APLE can be a worthwhile addition to a balanced income portfolio.

Monthly REIT Dividend Stocks

Whitestone REIT (NYSE: WSR)

Overview

Whitestone REIT owns and operates community-focused retail centers in high-growth Sun Belt markets such as Texas and Arizona. 

Its portfolio is built around necessity-based tenants like grocers, fitness studios, pharmacies, and restaurants that attract consistent local traffic. 

Rather than chasing luxury retail, Whitestone’s model focuses on “everyday needs,” giving it steady rental demand and resilience in different economic climates.

Growth Catalysts

Population growth across Sun Belt states continues to fuel demand for retail spaces that serve suburban communities. 

As more people move into these areas, the need for convenient, service-oriented shopping centers grows with them. 

This long-term demographic tailwind supports Whitestone’s occupancy and rental stability.

Another strength lies in its tenant mix. Essential businesses such as grocery stores and health services tend to perform well even during downturns, offering a defensive layer of stability to Whitestone’s cash flow. 

Management’s focus on targeted acquisitions and maintaining a localized community presence helps it adapt quickly to changing retail trends while keeping costs in check.

Conclusion

Whitestone REIT blends steady community demand with exposure to fast-growing regions. 

If you prefer dependable, necessity-based retail income over speculative real estate bets, WSR offers a sensible balance of stability, regional growth, and monthly dividend potential.

Agree Realty Corporation (NYSE: ADC)

Overview

Agree Realty owns and develops retail properties leased to major national tenants under long-term net leases. 

The company’s portfolio includes essential retailers such as Walmart, Dollar General, and Tractor Supply, which provide steady rent income even in slower economic cycles. 

Its transition to monthly dividends in 2021 reinforced its image as a dependable income REIT.

With a well-diversified portfolio across multiple states and industries it provides investors with both stability and reliable cash flow. 

Its conservative balance sheet and high occupancy rates reflect strong management discipline.

Growth Catalysts

The continued strength of essential retail, especially discount and grocery chains, keeps demand for its properties high. A consistent pipeline of new development projects and acquisitions provides room for expansion, while long-term leases protect revenue. 

The company’s methodical growth strategy supports its monthly dividend reliability.

Conclusion

Agree Realty offers steady income from a resilient sector. Its conservative management, dependable tenants, and focus on necessity-based retail make it a strong choice for investors who value monthly cash flow with low risk.

Best Monthly Dividend Stocks With High Yield

LTC Properties, Inc. (NYSE: LTC)

Overview

LTC Properties focuses on senior housing and healthcare facilities throughout the U.S. 

The company invests in long-term care and assisted living facilities, benefiting from steady demand driven by an aging population. 

Unlike other stocks on this list, its monthly dividend schedule provides investors with consistent income exposure to the healthcare real estate sector.

LTC partners with experienced operators across different regions, helping reduce tenant concentration risk. 

Its management takes a measured approach to acquisitions and lease agreements, supporting portfolio stability.

Growth Catalysts

The growing need for senior living and medical care continues to support long-term demand for its properties. 

Population trends remain favorable, with older adults representing an expanding share of the U.S. demographic profile. 

LTC’s focus on high-quality tenants and properties ensures it remains well-positioned to benefit from these shifts.

Conclusion

LTC Properties is a dependable monthly payer supported by one of the most durable long-term trends in real estate. 

It’s a strong fit for investors seeking steady income and exposure to demographic-driven growth without taking on excessive risk.

Dynex Capital, Inc. (NYSE: DX)

Overview

Dynex Capital is a mortgage REIT that invests in both agency and non-agency mortgage-backed securities. 

The company has been in operation for more than 30 years and is known for its disciplined approach to portfolio management while maintaining a monthly dividend since 2019.

Dynex combines careful risk management with a flexible investment strategy, allowing it to adjust to changing interest rate conditions. 

This adaptability has helped the company maintain a steady payout record across different rate environments.

Growth Catalysts

As interest rate pressures ease, mortgage spreads could improve, giving the firm an opportunity to increase earnings. 

Its mix of agency and non-agency investments provides balance between safety and yield potential. 

The REIT’s conservative leverage and experienced management add further stability to its operations.

Conclusion

Dynex Capital remains a solid choice for investors seeking high income with reasonable risk control. 

Its monthly dividend schedule, strong management team, and flexible investment approach make it a respected name among mortgage REITs.

Best Growth Monthly Dividend Stocks

Gladstone Commercial Corporation (NASDAQ: GOOD)

Overview

Gladstone Commercial is a diversified net-lease REIT that owns industrial, office, and retail properties across the U.S. 

The company focuses on long-term leases with reliable tenants, generating consistent rental income that supports its monthly dividend payments. 

It has maintained its dividend for more than a decade, highlighting its commitment to steady returns.

The firm’s portfolio strategy emphasizes diversification by tenant type, location, and industry, reducing exposure to any single sector or region. This balance helps preserve stability even during uneven economic cycles.

Growth Catalysts

The ongoing shift toward industrial and logistics properties supports future expansion. 

Gladstone’s management has been strategically repositioning its portfolio toward sectors with higher long-term demand, including warehouse and distribution spaces. 

The combination of diversification and conservative financing underpins dividend security.

Conclusion

Gladstone Commercial provides consistent monthly income with moderate growth potential. 

For investors seeking steady cash flow from real estate without heavy concentration risk, it offers a well-rounded addition to an income-focused portfolio.

Main Street Capital Corporation (NYSE: MAIN)

Overview

Main Street Capital is a business development company that provides equity and debt financing to U.S. small and mid-sized businesses. 

The firm generates returns from interest income and equity gains, distributing consistent monthly dividends to shareholders. 

It is known for its conservative underwriting, experienced management, and disciplined investment process.

Main Street’s structure allows investors to participate indirectly in the growth of private companies, an asset class often inaccessible to individual investors. 

Its hybrid debt-and-equity model creates both steady income and potential for long-term appreciation.

Growth Catalysts

Strong deal flow and a well-diversified investment portfolio support consistent earnings. 

The company regularly pays supplemental dividends when profits exceed expectations, rewarding long-term shareholders. 

As private credit and direct lending continue to expand, it remains positioned to benefit from growing demand.

Conclusion

Main Street Capital delivers dependable monthly income and measured growth potential. 

Its combination of quality management, consistent distributions, and access to private markets makes it one of the most respected names in the BDC space.

Should You Buy a Monthly Dividend Stock?

Monthly dividend stocks can be beneficial to any investment portfolio, providing a consistent income stream that can help investors meet their financial goals.

Most publicly traded companies offer quarterly dividends, making a monthly dividend stock relatively rare. However, they offer unique advantages, especially for those seeking regular income.

Benefits of Monthly Dividend Stocks

• Consistent Cash Flow – Monthly dividend stocks provide a steady income stream, which can be particularly beneficial for retirees or individuals relying on their investments for monthly expenses. This regular income can help cover living costs without the need to sell assets.
• Compounding Returns – Reinvesting dividends can accelerate the compounding process, leading to greater long-term wealth accumulation. By participating in a dividend reinvestment plan (DRIP), you can purchase additional shares automatically, increasing their future dividend payouts.
• Smoother Income Stream – Compared to quarterly dividends, a monthly dividend can help smooth out the income stream, reducing the impact of market volatility. This can make it easier to manage budgets and plan for future expenses.
• Increased Flexibility – A monthly dividend stock provides more frequent opportunities to reinvest dividends or use the income as needed. This flexibility can be especially useful in managing liquid money flow and taking advantage of investment opportunities.

Explore more benefits of investing in dividend stocks.

Considerations When Buying Monthly Dividend Stocks

• Payout Ratios – It’s essential to consider the payout ratios of dividend stocks. A high payout ratio might indicate that a company is distributing most of its earnings as dividends, which could be unsustainable in the long term. Look for companies with reasonable payout ratios to ensure the dividend is sustainable.
• Dividend Cuts – Be cautious of companies that have a history of dividend cuts, as this can signal financial instability. Research the company’s financial health, earnings consistency, and cash flow to ensure the dividend is likely to continue.
• Sector Exposure – Monthly dividend stocks are often concentrated in specific sectors, such as REITs and business development companies (BDCs). Diversify your portfolio across various sectors to mitigate risk and enhance potential returns.

How to Build a Monthly Dividend Portfolio

Building a monthly dividend portfolio takes planning, patience, and balance. The goal is to create a steady cash flow without taking on unnecessary risk. 

Here are five essential steps to get started.

Start With Reliable Core Holdings

Begin with companies that have strong balance sheets and long records of consistent payouts. Reliable REITs such as Realty Income or Agree Realty make great anchors. 

Their predictable rent income and conservative management create a solid foundation for dependable monthly cash flow.

Add Moderate-Yield Stocks for Growth

After securing stability, include moderate-yield names like STAG Industrial or EPR Properties. These provide exposure to sectors such as logistics and entertainment that can offer both steady income and gradual expansion.

Use High-Yield Picks Carefully

Mortgage REITs like AGNC Investment or Dynex Capital can boost income but come with more rate sensitivity. Keep these holdings small to enhance yield without putting your entire portfolio at risk.

Reinvest Dividends Automatically

Reinvesting monthly dividends is one of the easiest ways to grow income over time. Automatic reinvestment allows compounding to work in your favor and steadily increases your share count without additional capital.

Review and Rebalance Periodically

Check your holdings at least twice a year. Adjust positions that have grown too large or become riskier. Rebalancing helps keep your portfolio aligned with your income goals and ensures that monthly payouts remain consistent and sustainable.

Where to Buy Monthly Dividend Stocks

Finding the right platform to buy a monthly dividend stock is crucial for successful investing. Most high-quality monthly dividend stocks are listed on major exchanges like the NYSE and NASDAQ. Here are some popular trading platforms:

Robinhood

Robinhood is a user-friendly trading platform that offers access to a wide range of stocks listed on major exchanges. It provides commission-free trading, making it an attractive option for both new and experienced investors. The platform’s intuitive interface makes it easy to find and invest in monthly dividend stocks.

Webull

Webull is another excellent platform for trading monthly dividend stocks. It offers more advanced tools and features compared to Robinhood, making it suitable for investors who want to perform in-depth research and analysis. Webull also provides commission-free trading and access to real-time market data, helping traders make informed decisions.

Traditional Brokerages

Traditional brokerage firms like Fidelity, Charles Schwab, and TD Ameritrade offer robust platforms with comprehensive research tools, educational resources, and customer support. These brokerages provide access to a wide range of stocks, including monthly dividend stocks, and often offer dividend reinvestment plans (DRIPs).

Final Thoughts

Monthly dividend stocks can offer a reliable and convenient income stream that you can use for regular cash flow, for living expenses, reinvestment, or retirement income.

They offer a level of predictability that quarterly dividends don’t, but monthly dividend investing isn’t a guarantee of safety or high returns. 

As with any dividend strategy, the key is to balance yield with stability, diversity, and sustainability. 

By combining safer picks like Realty Income and Agree Realty with higher-yield options like LTC Properties or Dynex Capital, and including diversified plays like Main Street Capital, you can build a well-rounded income portfolio tailored to your risk tolerance and financial goals.

If you use this list as a starting point, do further research on payout history, business fundamentals, and how each company fits with your overall strategy. Monthly dividends can be a useful tool when chosen with care.

Best Monthly Dividend Stocks FAQ

Here are answers to some of the most popular questions on monthly dividend stocks.

Are Monthly Dividend Stocks Worth It?

There is no definitive answer to this question as it depends on the individual investor’s circumstances and goals. Monthly dividend stocks tend to be a great way to generate regular income, especially for retirees who rely on their portfolios for monthly income.

They offer consistent flow of revenue and the potential for dividend reinvestment, but it’s essential to evaluate each stock’s financial health and dividend sustainability.

What Stocks Pay a Monthly Dividend?

REITs like AGNC Investment Corp. and ARMOR Residential REIT are great options for monthly dividend payouts. These companies often pay out more in dividends annually than they earn in profits, relying on the continual flow of rent payments from their tenants to sustain dividend payments.

Other sectors with monthly dividend payers include business development companies (BDCs) and certain closed-end funds (CEFs).

How Do Monthly Dividend Stocks Work?

Monthly dividend stocks distribute dividends on a monthly basis instead of the more common quarterly schedule.

For example, if you purchase shares of a stock that pays out $0.50 per share each month, you would receive $6.00 (per share) in dividends over a year. This provides a more frequent income stream compared to quarterly dividends, which would pay out $2.00 per share quarterly for the same annual total.

Can You Live Off Dividends?

While it is challenging to live solely off dividends, it is possible to generate steady income with careful planning. Investing in high-yield dividend stocks can provide a significant portion of your income.

However, it typically requires a substantial investment portfolio and a mix of dividend-paying stocks to ensure sufficient and reliable income to cover living expenses.

Do monthly dividends compound faster?

Yes. Reinvested monthly dividends compound slightly faster than quarterly payments over time.

Are monthly dividends taxed differently?

No. They are taxed the same way as other dividends in the U.S.

Does Tesla Pay Dividends?

No, Tesla does not currently pay dividends. The company prefers to reinvest its profits back into the business to fuel growth and innovation. Many growth-oriented companies, like Tesla, choose to reinvest earnings to expand operations, develop new products, and enter new markets rather than distribute dividends to shareholders.