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Monthly Dividend Stocks 2026 — 25 Widely Tracked Picks

Monthly dividend stocks pay income every month instead of quarterly, giving retirees and cash-flow investors a smoother rhythm. This list covers 25 widely followed monthly payers across five categories: REITs like O and STAG, BDCs like MAIN, covered-call ETFs like JEPI and JEPQ, and Treasury ETFs like SGOV.

By MerryDiv Team|Last updated: August 2026
12 Payments a Year
Every stock and ETF on this page distributes monthly, not quarterly.
5 Categories
9 REITs, 4 BDCs, 6 covered-call ETFs, 4 bond ETFs, 2 high-yield ETFs.
Live Yields
Yields on the table below refresh with MerryDiv's daily quote data.
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TickerNameCategoryYield ▼
O
Realty Income
Self-styled 'The Monthly Dividend Company' — 30+ year monthly track record.
REIT— no live data
STAG
Stag Industrial
Industrial REIT focused on single-tenant warehouses across the US.
REIT— no live data
LAND
Gladstone Land
Farmland REIT owning US crop and permanent-plant properties.
REIT— no live data
LTC
LTC Properties
Healthcare REIT specializing in skilled nursing and assisted living.
REIT— no live data
ADC
Agree Realty
Net-lease retail REIT; switched from quarterly to monthly in 2021.
REIT— no live data
EPR
EPR Properties
Experiential net-lease REIT (theaters, attractions, eat-and-play).
REIT— no live data
AGNC
AGNC Investment
Mortgage REIT investing in agency MBS.
REIT— no live data
ARR
ARMOUR Residential REIT
Residential mortgage REIT with high current yield.
REIT— no live data
ORC
Orchid Island Capital
Mortgage REIT focused on agency RMBS.
REIT— no live data
MAIN
Main Street Capital
Middle-market BDC with a long monthly-plus-supplemental history.
BDC— no live data
PFLT
PennantPark Floating Rate
Floating-rate BDC that benefits from higher short-term rates.
BDC— no live data
GAIN
Gladstone Investment
Buyout-focused BDC investing in lower-middle-market companies.
BDC— no live data
PSEC
Prospect Capital
One of the largest publicly traded BDCs by assets.
BDC— no live data
JEPI
JPMorgan Equity Premium Income
S&P 500 ELN + covered-call strategy; targets 7-9% distribution yield.
Covered Call ETF— no live data
JEPQ
JPMorgan Nasdaq Equity Premium Income
Nasdaq-100 covered-call sibling of JEPI.
Covered Call ETF— no live data
SPYI
NEOS S&P 500 High Income ETF
S&P 500 with data-driven call overlay + tax-efficient distributions.
Covered Call ETF— no live data
QQQI
NEOS Nasdaq-100 High Income ETF
Nasdaq-100 with the same NEOS options overlay used by SPYI.
Covered Call ETF— no live data
DIVO
Amplify CWP Enhanced Dividend Income
Blue-chip dividend stocks plus tactical covered-call overlay.
Covered Call ETF— no live data
QYLD
Global X NASDAQ 100 Covered Call ETF
Sells at-the-money calls on the Nasdaq-100; very high stated yield.
Covered Call ETF— no live data
SGOV
iShares 0-3 Month Treasury Bond ETF
Ultra-short T-bills; distributions are monthly interest, not equity dividends.
Bond/Treasury ETF— no live data
BIL
SPDR Bloomberg 1-3 Month T-Bill
Direct SGOV alternative from State Street.
Bond/Treasury ETF— no live data
USFR
WisdomTree Floating Rate Treasury
Floating-rate T-notes that reset to short-term rates.
Bond/Treasury ETF— no live data
TFLO
iShares Treasury Floating Rate Bond
iShares equivalent to USFR; floating-rate Treasury exposure.
Bond/Treasury ETF— no live data
SDIV
Global X SuperDividend
100 highest-yielding stocks globally, equal-weighted.
High-Yield ETF— no live data
DIV
Global X SuperDividend U.S.
US-only cousin of SDIV; 50 highest-yielding US names.
High-Yield ETF— no live data
Methodology & caveats
  • Monthly-payer status verified as of August 2026. Payment frequencies can change — a stock may switch from monthly to quarterly with a corporate action or restructuring. Always confirm on the issuer's IR page before investing.
  • Live yields sourced from Yahoo Finance / FMP and refreshed daily by MerryDiv. Yields fluctuate with share price; verify on the individual stock page.
  • Rows marked "no live data" show — for yield and aren't linked to a MerryDiv stock page. These tickers stay in the curated list for reference, but you'll need to look them up on your brokerage or Yahoo Finance for live quotes and distribution history. (Most are below the $2B market-cap threshold MerryDiv's /stocks directory uses to keep pages dense; a few are pending a refresh-pipeline fix.)
  • Bond and Treasury ETFs (SGOV, BIL, USFR, TFLO) technically distribute monthly interest passed through from short-term US Treasuries — not equity dividends. Tax treatment is different (ordinary income at the federal level, often state/local exempt on the Treasury portion).
  • Covered-call ETFs (JEPI, JEPQ, SPYI, QQQI, DIVO, QYLD) generate income primarily from option premiums; distributions vary month-to-month with option activity and can include return of capital. Model the annualized yield, not a single month.

Monthly Dividend Stocks FAQ

Monthly dividend stocks are companies and ETFs that pay dividends every month rather than the more common quarterly schedule. They're popular with income investors who want a steadier cash-flow rhythm — for example, retirees who match distributions to monthly expenses. The most common categories are Real Estate Investment Trusts (REITs) like Realty Income (O) and STAG Industrial, Business Development Companies (BDCs) like Main Street Capital (MAIN), covered-call ETFs like JEPI and JEPQ, and ultra-short bond ETFs like SGOV that distribute monthly interest.
Monthly dividends smooth out cash flow and marginally accelerate compounding when reinvested (12 compounding periods vs 4). The total return is otherwise no different from an equivalent quarterly payer, assuming the same annual payout. The tradeoff: many monthly payers are concentrated in REITs, BDCs, and covered-call ETFs, which have different risk profiles than the average dividend growth stock. For most portfolios, monthly payers are best held alongside quarterly Aristocrats or Kings rather than as a total replacement.
Realty Income Corporation (ticker: O) is trademarked as 'The Monthly Dividend Company®'. It's an S&P 500 REIT with more than 650 consecutive monthly dividend payments and 30+ years of annual dividend increases — one of the very few monthly-paying Dividend Aristocrats.
Yes. JEPI (JPMorgan Equity Premium Income ETF) and JEPQ (its Nasdaq-100 sibling) both declare and pay distributions monthly. The distributions vary month-to-month because they're driven by the ETF's option-writing income, so investors should model an average yield over the full year rather than annualizing a single month's payout.
SGOV (iShares 0-3 Month Treasury Bond ETF) pays monthly, but its 'dividend' is really monthly interest passed through from short-term U.S. Treasury bills. That distinction matters at tax time: SGOV distributions are taxable as ordinary income at the federal level and are exempt from state and local taxes on the portion attributable to Treasury interest. Traditional REIT and covered-call ETF distributions have different tax treatments.
You can track monthly dividend income by connecting your brokerage account to a dividend tracker. MerryDiv automatically syncs dividend payments from Plaid-supported US and Canadian brokerages and shows a month-by-month income view combining every monthly payer in your portfolio. You can also use MerryDiv's dividend calendar to project the next 12 months of expected payments based on your current holdings and each stock's historical distribution schedule.
The highest advertised yields on this page tend to come from mortgage REITs (AGNC, ARR, ORC) and high-distribution covered-call ETFs (QYLD, SDIV). Yields above 10% almost always come with meaningful risks — mortgage REITs are sensitive to interest-rate spreads and can cut when spreads compress, and QYLD-style covered-call ETFs cap upside during rallies and can experience NAV erosion in flat or declining markets. Sort the table by yield to compare, then click through to the stock page for each name to see its full payment and payout-ratio history before investing.

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