"Top 20 Highest Yielding Monthly Dividend Stocks Now | Yields Up To 32.5%", 8 AUGUST

 Monthly dividend stocks have instant appeal for many income investors. Stocks that pay their dividends each month offer more frequent payouts than traditional quarterly or semi-annual dividend payers.

For this reason, we created a full list of 84 monthly dividend stocks.

You can download our full Excel spreadsheet of all monthly dividend stocks(along with metrics that matter like dividend yield and payout ratio) by clicking on the link below:

The following 20 monthly dividend stocks have  high dividend yields above 5%. Stocks are listed by their dividend yields, from lowest to highest.

The list excludes oil and gas royalty trust, which have extreme fluctuations in their dividend payouts from one quarter to the next due to the underlying volatility of commodity prices.

You can instantly jump to an individual section of the article by utilizing the links below:

• High-Yield Monthly Dividend Stock #20: Modiv Inc. (MDV)
• High-Yield Monthly Dividend Stock #19: SL Green Realty (SLG)
• High-Yield Monthly Dividend Stock #18: Gladstone Commercial (GOOD)
• High-Yield Monthly Dividend Stock #17: Horizon Technology Finance (HRZN)
• High-Yield Monthly Dividend Stock #16: Stellus Capital (SCM)
• High-Yield Monthly Dividend Stock #15: SLR Investment Corp. (SLRC)
• High-Yield Monthly Dividend Stock #14: PennantPark Floating Rate (PFLT)
• High-Yield Monthly Dividend Stock #13: PermRock Royalty Trust (PRT)
• High-Yield Monthly Dividend Stock #12: Generation Income Properties (GIPR)
• High-Yield Monthly Dividend Stock #11: Prospect Capital (PSEC)
• High-Yield Monthly Dividend Stock #10: Dynex Capital (DX)
• High-Yield Monthly Dividend Stock #9: Cross Timbers Royalty Trust (CRT)
• High-Yield Monthly Dividend Stock #8: Ellington Financial (EFC)
• High-Yield Monthly Dividend Stock #7: Ellington Residential Mortgage REIT (EARN)
• High-Yield Monthly Dividend Stock #6: Oxford Square Capital (OXSQ)
• High-Yield Monthly Dividend Stock #5: AGNC Investment Corporation (AGNC)
• High-Yield Monthly Dividend Stock #4: ARMOUR Residential REIT (ARR)
• High-Yield Monthly Dividend Stock #3: Orchid Island Capital (ORC)
• High-Yield Monthly Dividend Stock #2: San Juan Basin Royalty Trust (SJT)
• High-Yield Monthly Dividend Stock #1: Hugoton Royalty Trust (HGTXU)
• https://www.suredividend.com/highest-yielding-monthly-dividend-stocks/#hgtxu