Monthly dividend stocks offer investors the opportunity to generate recurring passive income while aligning that income's timing with real-world expenses. This can be particularly useful for people who are counting on dividends for income today.
With monthly dividend payments in mind, here's a closer look at the top monthly high-yield dividend stocks for 2025. The combination makes these stocks great for earning passive income.
Top stocks
Top monthly dividend stocks for 2025
Dozens of dividend stocks pay monthly dividends in 2025. However, not all of them are worth an investor's consideration. Some don't make the cut due to a below-average dividend yield or slow dividend growth. Others are at a higher risk of reducing their dividends if market conditions deteriorate. That narrows the options considerably.
Here's a list of the best monthly dividend stocks to consider in 2025.
| Company name | Company ticker | Market cap | Dividend yield | Industry |
|---|---|---|---|---|
| EPR Properties | NYSE:EPR | $4 billion | 6.41% | Specialized REITs |
| Agree Realty | NYSE:ADC | $8 billion | 4.07% | Retail REITs |
| Gladstone Commercial | NASDAQ:GOOD | $611 million | 10.43% | Equity Real Estate Investment Trusts (REITs) |
| LTC Properties | NYSE:LTC | $2 billion | 6.47% | Health Care REITs |
| Realty Income | NYSE:O | $55 billion | 5.35% | Retail REITs |
| SL Green Realty | NYSE:SLG | $4 billion | 5.85% | Office REITs |
| Stag Industrial | NYSE:STAG | $7 billion | 3.90% | Industrial REITs |
Let's take a closer look at each of these top monthly dividend stocks. Each offers a much higher dividend yield than the average stock in the S&P 500 (1.25% as of Sept. 11, 2025).
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1. EPR Properties
EPR Properties (EPR 0.02%) is a real estate investment trust (REIT) that specializes in owning experiential real estate such as movie theaters, eat-and-play venues, casinos, ski resorts, gaming facilities, themed lodging, amusement and water parks, fitness centers, and more. It secures these properties by signing triple net leases with the venue operators, meaning the tenants bear the responsibility for building insurance, maintenance, and real estate taxes.
After a brutal period during the COVID-19 pandemic, EPR is back to growth as consumers have returned to in-person experiences in droves. EPR works with some of the largest and most popular operators in each of these segments, which combined make up $100 billion in market opportunity.
If there's a weak spot, it's movie theaters. While business has recovered from the lows, movie ticket sales are still well below pre-pandemic levels. The good news for EPR is that its theater properties are some of the busiest and most valuable for its tenants, helping insulate it from some risk.
EPR owns 3% of all North American theaters, but those locations generate 8% of the box office. Despite that relative strength, EPR is reducing its exposure to this segment, divesting theaters as it prioritizes markets where there is growth.
2. Agree Realty
Agree Realty (ADC 0.68%) is another net-lease REIT, but it owns free-standing retail properties. It focuses on owning properties leased to essential retailers, such as grocery stores, home improvement stores, dollar stores, and drug stores, which are less susceptible to disruption from e-commerce or a recession. This strategy enables Agree Realty to generate steady rental income to support its dividend.
Agree Realty switched from a quarterly to a monthly dividend payment schedule in January 2021. It has an excellent dividend track record overall. This REIT has increased its dividend at a 5.6% compound annual rate over the past decade, though payout growth has slowed to 2.4% over the past year.
Nonetheless, that upward trend should continue as the company keeps expanding its portfolio. The retail REIT expects to invest around $1.5 billion in real estate in 2025. Between that steady portfolio growth and strong tenant relationships (it has more than eight years in average lease terms under contract), Agree Realty should remain a modest, reliable monthly dividend grower for years to come.
3. Gladstone Commercial Corporation
Gladstone Commercial (GOOD 0.44%) is a diversified REIT that owns net-leased office and industrial properties in the U.S., focusing on secondary markets because they offer higher investment yields. This strategy enabled Gladstone to generate a very stable income for years, but its streak of more than 200 consecutive monthly dividends, either at or above the prior month's level, came to an end in 2023.
The culprit -- poorly performing office properties -- led to a 20% dividend cut as the company worked through its portfolio to offload unprofitable properties. While we can't count out another dividend cut, management seems to have stabilized the business and is back on the offensive.
The company is acquiring high-demand industrial properties, ensuring its office properties are well tenanted for the long term, and offloading the ones it doesn't expect to perform to its expectations. As a result, the property mix has changed. Industrial properties now generate 63% of rents, while it continues to reduce office space in the mix.
It's still unclear when the dividend will start growing again. With a yield above 8% at recent prices, the market isn't confident in payout growth. But if management can keep up the momentum and make this industrial pivot a success, the risk-reward profile makes Gladstone an interesting monthly dividend stock to consider.
4. LTC Properties
LTC Properties (LTC 1.7%) is a healthcare REIT. It primarily invests in senior housing and skilled nursing properties secured by triple net leases, mortgage loans, and other cash-generating investment structures. This strategy gives the REIT a relatively steady income to support its monthly dividend.
The COVID-19 pandemic hit the senior housing sector hard, affecting LTC Properties' tenants. Several struggled to pay rent, leading some to file for bankruptcy. However, this REIT's financial strength helped it weather the storm and offset some of the lost income with new investments, allowing it to maintain its monthly dividend.
Still, LTC has been unable to increase its payout since 2016. It's notable, though, that most of its peers have had to cut their dividends in recent years.
LTC faces some good long-term trends but operates in a tough industry. In 2030, the number of Americans 65 and older will be double the 65-and-over population of 2010, a positive tailwind for the company. However, it must continue to stabilize its tenants and align itself with the best operators for the big-picture tailwind to reward patient shareholders. Meanwhile, investors can earn more than 6% in yield by being patient.
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5. Realty Income
When it comes to monthly dividend stocks, Realty Income (O 1.13%) is the clear leader. It bills itself as The Monthly Dividend Company, having paid 664 consecutive monthly dividends as of Oct. 2024. Since its initial public offering (IPO) in 1994, Realty Income has increased its dividend 132 times while raising the payout at a 4.3% compound annual rate, giving this REIT more than 30 years of dividend increases.
Realty Income has lots of room to grow despite most of its tenants being relatively slower-growth businesses. The company estimates the global market opportunity for the single-tenant net lease real estate it targets to be $13.9 trillion. That's a big opportunity to continue consolidating its tenants' properties under its ownership, growing the payout, and generally rewarding patient investors monthly, year in and year out.
6. SL Green
SL Green (SLG -2.56%) is another REIT and the largest office landlord in New York City. For years, owning Manhattan office buildings -- some of the most highly demanded, irreplaceable real estate assets on Earth -- was a huge strength.
But the COVID-19 pandemic and the acceleration in changes to how and where people work continue to weigh on the office REIT. SL Green's management is adapting to the new reality by selling its least desirable and non-core assets and focusing on tenanting its vacant properties at competitive, profitable rates.
This includes a number of transactions in 2025 that enhance the cash flows and debt profile of its retail real estate in the heart of Times Square. While office and some physical retail continue to feel pressure, destination properties like those in Times Square are irreplaceable and should remain valuable for decades to come.
The bad news on the dividend also turned positive over the past year, with the company shifting from having to cut the dividend to raising it by 3% in December 2024. That's a modest increase, but a step in the right direction. While the office environment remains a bit fluid, the worst is likely over for SL Green.
7. STAG Industrial
STAG Industrial (NYSE:STAG), another REIT, focuses on owning industrial real estate, such as warehouses and light industrial facilities, which are in high demand. The pandemic accelerated e-commerce adoption and increased manufacturing in the U.S. to combat supply chain issues. That has kept occupancy levels high while pushing up rental rates, enabling STAG to generate steadily rising rental income.
STAG has boosted its dividend over the years, with growth driven largely by the REIT's ability to consistently expand its portfolio. Since its IPO over a decade ago, STAG has added more than 400 properties to its portfolio and now owns more than 590 buildings.
This industrial REIT expects the steady expansion to continue. It has acquired $682 million of new buildings in 2025, adding 5.9 million square feet of space under lease for an average of six years.
Add that to the growing rental income from its existing properties, and STAG should be able to continue increasing its monthly dividend, so long as you're not expecting big raises. Its most recent increase was less than 1%, and since the beginning of 2020, the payout has only risen 3.5%.
Pros and cons
Pros and cons of investing in monthly dividend stocks
Some reasons why investors might choose monthly dividend stocks:
- Monthly dividend checks may be preferable if you're using dividends for income now.
- Monthly payers are often extremely dependable dividend stocks.
- Monthly dividend stocks are often REITs, which often also pay higher yields.
Monthly dividend stocks aren't perfect. Here are some potential cons:
- Monthly dividend payers are usually REITs, which usually means higher taxes paid on your dividends versus qualified dividends from regular corporations.
- Monthly dividend stocks, like all companies, don't always grow or even maintain their dividends; there are some examples described in this article of monthly dividend stocks that have had to lower their dividends in the past.
How to invest
How to invest in monthly dividend stocks
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Related investing topics
Invest in monthly dividend stocks for recurring income
Monthly dividend stocks make it easy for investors to earn passive income. They can use that money to cover their monthly expenses or reinvest their dividends and set themselves up to generate even more recurring cash flow in the future when they need it.
While dozens of companies pay monthly dividends, these monthly dividend stocks stand out as either safer, more stable dividend stocks or, in a few cases, riskier -- but potentially more rewarding -- investments in their potential to turn things around.
FAQ
Dividend stocks FAQ
What stock pays the highest dividend yield?
This is a tricky question, as the answer can change from one day to the next. The highest-yield stocks are often the riskiest because investors have sent share prices lower on expectations of a dividend cut. Annaly Capital Management (NYSE:NLY) is one recent example, with a dividend yield above 13% at recent prices, following a 26% dividend cut in 2023 that could be matched by more cuts in 2024.
Investors are often better off finding high-quality yields from companies that can maintain or even raise the payout than chasing high yields that could be a dividend trap.
Of the stocks in this article, Gladstone Commercial pays the highest yield as of this writing. But as we note, the company may be forced to lower its payout.
Which stocks pay more than a 6% dividend?
Of the stocks featured in this article, Gladstone Commercial (8%), EPR Properties (6.6%), and LTC Properties (6.5%) all pay yields above 6% at recent prices, while Realty Income (5.6%) is very close to a 6% yield and has a long history of growing its payout.
How do I make $1,000 a month in dividends?
Let's use the seven stocks in this article as an example. On average, they yield 6.3% in dividends yearly. So, if you invested $30,075 in each of these stocks (a $210,526 total investment), you would generate about $1,000 per month in dividends.
Are monthly dividends worth it?
They can be nice, especially for investors who are living off dividend income now. But secure dividends matter the most; getting reliable payouts -- even if it's every three months -- should be a bigger priority than a monthly check from a lower-quality business.
What is the most stable monthly dividend stock?
Realty Income has an exceptional track record, having increased its dividend at least once every year since 1994, and often increasing it every quarter, if not more often. The rate of payout growth has slowed, but it continues to prove an exceptionally safe, reliable monthly dividend stock.
