12 Best Stocks That Pay Monthly Dividends in 2025

9. Orchid Island Capital, Inc. (NYSE:ORC)

Number of Hedge Fund Holders: 11

Orchid Island Capital, Inc. (NYSE:ORC) is a Florida-based specialty finance company. Since the start of 2025, the stock has surged by nearly 9%. The company remains optimistic about future investment prospects, anticipating that attractive opportunities will continue to arise. It expects total returns to improve if the Federal Reserve eases monetary policy, particularly if banks expand their involvement in the Agency RMBS market. However, even without these developments, the current investment landscape remains favorable, with hedged net interest spreads offering strong support for maintaining dividend levels.

In the fourth quarter of 2024, Orchid Island Capital, Inc. (NYSE:ORC) reported a net interest income of $8.14 million and its net income came in at $5.6 million. Despite high interest rates and the weak performance of the Agency RMBS asset class during the quarter, the company achieved a 0.6% total return in the fourth quarter of 2024. This result was driven by dividends of $0.36 per share, which offset a $0.31 decline in book value. In comparison, the company recorded a 2.1% return in the third quarter, benefiting from a market rally following the start of the Federal Reserve’s easing cycle. For the full year ending December 31, 2024, Orchid delivered a total return of 4.73%, a notable improvement from the negative 8.63% return recorded in 2023.

On February 12, Orchid Island Capital, Inc. (NYSE:ORC) declared a monthly dividend of $0.12 per share, which was consistent with its previous dividend. As of February 13, the stock offers a dividend yield of 16.8%. Since its initial public offering in 2013, the company has consistently distributed monthly dividends. In its first year, it paid out a total of over $4.6 million in dividends, with this figure rising to more than $81 million by the close of 2023. Over the years, Orchid Island Capital has returned approximately $658 million to shareholders through dividend payments, which makes it one of the best dividend stocks on our list.