5 Best Stocks That Pay Monthly Dividends

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1. PermRock Royalty Trust (NYSE:PRT)

Dividend Yield as of August 30: 9.59%

PermRock Royalty Trust (NYSE:PRT) is an American statutory trust that owns oil and natural gas-producing properties.

In FY21, PermRock Royalty Trust (NYSE:PRT) reported revenue of $8.1 million, up from $3.1 million in the previous year. The company’s operating income stood at $7.3 million, compared with nearly $2 million in 2020. PermRock Royalty Trust (NYSE:PRT) pays a monthly dividend of $0.092 per share, with a dividend yield of 9.59%, as of August 30.

You can also take a look at 10 High Free Cash Flow Dividend Stocks and 15 Dividend Stocks for Passive Income

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