12 Best Stocks That Pay Monthly Dividends in 2025

8. LTC Properties, Inc. (NYSE:LTC)

Number of Hedge Fund Holders: 13

LTC Properties, Inc. (NYSE:LTC) is a California-based real estate investment trust company that invests in senior housing and healthcare facilities through sale-leasebacks. In the third quarter of 2024, the company reported revenue of $55.7 million, reflecting a 13% increase from the same period in the previous year. This growth was fueled by earnings from previously transitioned portfolios, higher income from loan originations, funding for construction loans in 2024, and increased rental income. However, a decline in revenue from property sales partially offset these gains.

In addition, as previously announced, LTC Properties, Inc. (NYSE:LTC) allocated $26.1 million toward a mortgage loan to finance the construction of a 116-unit senior living community in Illinois, which will offer independent living, assisted living, and memory care services. The borrower has already contributed $12.3 million in equity to commence construction, with the full loan amount expected to be drawn by early 2025.

LTC Properties, Inc. (NYSE:LTC), one of the best dividend stocks, reported solid cash flow performance during the quarter. As of the end of September, its cash and cash equivalents had risen to over $35 million, up from $20.2 million at the end of 2023. This strong financial position has enabled the company to sustain its monthly dividend payments since 2005, continuing its long-standing practice of quarterly distributions that began in 1992. The company’s monthly dividend comes in at $0.19 per share for a dividend yield of 6.6%, as recorded on February 13.