All US Monthly Dividend Stocks 2020

Dividend and retirement-focused investors are often looking for monthly cash flow and seeking for a list of stocks that pay a dividend every month. This article provides a list of Monthly dividend stocks and the related excel spreadsheet for download (free).

All the identified US-based monthly dividend stocks are members of the Russell 2000 Index, are mid- or small-sized businesses and not part of the S&P 500.  The companies of this list are dominant in three sectors: Real Estate, Financial Services, and Energy. Please note that the dividend yield and payout ratios are above average, which could be a risk identifier for a dividend stock.

The Monthly Dividend Stocks Excel spreadsheet contains the following fundamental and stock price performance metrics for each stock with an every month dividend.

Fundamental metrics:

• Dividend & earnings per share
• Dividend Yield
• Price-to-earnings ratio
• Pay-out ratio
• Beta

This Monthly Dividend Stocks spreadsheet allows you to easily sort by the price-to-earnings ratio (or dividend yield) so you can quickly find undervalued or overvalued dividend-paying stocks. Pay-out ratio’s above 80% should also be a warning signal for dividend investors.

The top-10 monthly dividend stocks do provide an above-average Dividend Yield. See below the top-10 list December 2019:

If you are an investor focused on a monthly cash flow, the dividend aristocrats could be a good alternative. Companies that increase year by year regular dividends, tend to be in better financial health and produce sustained earnings and revenue growth.

By combining 3 different dividend aristocrats active in different sectors and having their quarterly dividend not in-sync, the result will also result in 12 dividend payments per year. But probably in more stable performing companies in the long-run and you will benefit even more from the “compounding effect”, given the yearly dividend increases.

Other Dividend Lists

• The Nasdaq Dividend Achievers list is of US stocks with 10+ consecutive years of dividend increases that meet certain minimum size and liquidity requirements.
• The Dividend Aristocrats Index is based on 53 companies part of the S&P 500 and with 25+ years of consecutive dividend increases.  It is more exclusive than the Dividend Achievers Index.
• The Dividend Kings List is even more exclusive.  It is comprised of a small set of companies with 50+ years of consecutive dividend increases.
• The Dividend Champions list is based on US companies with 25+ years of consecutive dividend increases, not necessarily part of the S&P 500 as the Aristocrats do.

With respect to performance, the Dividend Aristocrats list has substantially outperformed both the S&P 500 and the Dividend Achievers over the last decade(s).

The list of monthly dividend stocks is presented below and grouped by sector for your convenience:

Sector Real Estate:

• AGNC Investment Corp. (AGNC)
• Apple Hospitality REIT Inc. (APLE)
• Chatham Lodging Trust (REIT) of Beneficial Interest (CLDT)
• EPR Properties (EPR)
• Global Net Lease Inc. (GNL)
• Gladstone Commercial Corporation (GOOD)
• Gladstone Land Corporation (LAND)
• LTC Properties Inc. (LTC)
• Realty Income Corporation (O)
• Orchid Island Capital Inc. (ORC)
• Stag Industrial Inc. (STAG)
• Whitestone REIT (WSR)

Sector Financial Services:

• Capitala Finance Corp. (CPTA)
• Gladstone Investment Corporation (GAIN)
• Gladstone Capital Corporation (GLAD)
• Harvest Capital Credit Corporation (HCAP)
• Horizon Technology Finance Corporation (HRZN)
• Main Street Capital Corporation (MAIN)
• PennantPark Floating Rate Capital Ltd. (PFLT)
• Prospect Capital Corporation (PSEC)
• Stellus Capital Investment Corporation (SCM)
• Solar Senior Capital Ltd. (SUNS)

Sector Energy:

• Cross Timbers Royalty Trust
• Enerplus Corporation
• Hugoton Royalty Trust
• Pembina Pipeline Corp. (Canada)
• Sabine Royalty Trust
• San Juan Basin Royalty Trust
• Vermilion Energy Inc. Common (Canada)

Sector Communication services:

• Shaw Communications Inc.

All US monthly dividend stocks are members of the Russell 2000 Index and mid- or small-sized businesses and not part of the S&P 500.