5 Best Monthly Dividend Stocks to Buy According to Analysts

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1. SL Green Realty Corp. (NYSE:SLG)

Upside Potential as of March 20: 59.69%
Average Price Target Based on Analyst Ratings: $37.64

A New York-based real estate investment trust company, SL Green Realty Corp. (NYSE:SLG) tops our list of the best monthly dividend stocks on our list. The company currently pays a monthly dividend of $0.2708 per share for a dividend yield of 13.79%, as of March 20.

Baird raised its price target on SL Green Realty Corp. (NYSE:SLG) to $43 in January with a Neutral rating on the shares. The firm gave a positive stance on the company’s performance.

At the end of December 2022, 20 hedge funds tracked by Insider Monkey held investments in SL Green Realty Corp. (NYSE:SLG), worth over $137.4 million collectively. With over 1.5 million shares, Marshall Wace LLP was the company’s largest stakeholder in Q4.

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You can also take a look at 10 Best Stocks to Buy According to Chris Hohn and 11 Most Undervalued EV Stocks to Buy

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