5 Best Monthly Dividend Stocks to Buy in October

3. EPR Properties (NYSE:EPR)

Dividend Yield as of October 5: 8.68%

EPR Properties (NYSE:EPR) is a Missouri-based real estate investment trust company that mainly invests in entertainment properties. The company has over 353 properties as of 2022. The company froze its dividends in 2020 due to the pandemic and reinstated monthly payouts a year later. It currently pays a monthly dividend of $0.275 per share and has a dividend yield of 8.68%, as of October 5.

In Q2 2022, EPR Properties (NYSE:EPR) reported revenue of $160.4 million, up from $125.3 million during the same period last year. The company’s cash on hand stood at $168.3 million and had $1 billion in the credit facility. In the first six months of the year, it paid $27.1 million in dividends, compared with $24.9 million at the end of December 2021.

At the end of Q2 2022, 22 hedge funds tracked by Insider Monkey reported owning stakes in EPR Properties (NYSE:EPR), compared with 25 in the previous quarter. The consolidated value of these stakes is over $144.1 million. Renaissance Technologies was the company’s largest stakeholder in Q2.