12 Best Stocks That Pay Monthly Dividends in 2025

7. Phillips Edison & Company, Inc. (NASDAQ:PECO)

Number of Hedge Fund Holders: 18

Phillips Edison & Company, Inc. (NASDAQ:PECO) ranks seventh on our list of the best dividend stocks that pay monthly dividends. The real estate investment trust company owns and develops shopping centers throughout the country. The company reported strong earnings in the fourth quarter of 2024, generating revenues of over $173 million, which showed a 12% growth from the same period last year. It reported a strong leased portfolio occupancy rate of 97.7%, with same-center leased portfolio occupancy slightly higher at 97.8%. Leased inline occupancy saw year-over-year growth, reaching 95.0%, while same-center leased inline occupancy remained steady at 94.9%. Over the course of the year, the company expanded its portfolio by acquiring fourteen shopping centers and four land parcels for a total investment of $305.7 million. Looking ahead, its full-year 2025 gross acquisitions are expected to range between $350 million and $450 million.

Phillips Edison & Company, Inc. (NASDAQ:PECO) demonstrated a solid cash position. By the end of 2024, the company had total liquidity of approximately $747.6 million. This included $8.6 million in cash, cash equivalents, and restricted cash, along with $738.9 million in available borrowing capacity on its $800 million revolving credit facility.

Phillips Edison & Company, Inc. (NASDAQ:PECO) initiated its dividend policy in 2021 and has paid regular dividends to shareholders since then. It currently offers a monthly dividend of $0.1025 per share and has a dividend yield of 3.3%, as of February 13. According to Insider Monkey’s database of Q3 2024, 18 hedge funds held stakes in PECO, up from 14 in the previous quarter.