5 Best Monthly Dividend Stocks to Buy According to Analysts

2. Generation Income Properties, Inc. (NASDAQ:GIPR)

Number of Hedge Fund Holders: 1
Upside Potential as of August 6: 44.9%

Generation Income Properties, Inc. (NASDAQ:GIPR) is an American real estate investment trust company, based in Florida. The company focuses on obtaining and overseeing a varied collection of premium single-tenant properties, considering their long-term value and potential across generations.

On July 12, Generation Income Properties, Inc. (NASDAQ:GIPR) declared a monthly dividend of $0.039 per share, which was in line with its previous dividend. The company has been paying regular monthly dividends to shareholders since 2019, which makes it one of the best dividend stocks on our list. The stock’s dividend yield on August 6 came in at 11.30%.

Only one hedge fund in Insider Monkey’s database owned a stake in Generation Income Properties, Inc. (NASDAQ:GIPR) at the end of Q1 2023, worth $53,000.

Follow Generation Income Properties Inc.