5 Highest Paying Monthly Dividend Stocks

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1. San Juan Basin Royalty Trust (NYSE:SJT)

Dividend Yield as of October 5: 26.60%

San Juan Basin Royalty Trust (NYSE:SJT) tops our list of the best dividend stocks with the highest dividend yields. The royalty trust currently offers a monthly dividend of $0.0538 per share and has a dividend yield of 26.60%, as of October 5.

San Juan Basin Royalty Trust (NYSE:SJT) was a part of 4 hedge fund portfolios at the end of Q2 2023, up from 3 in the previous quarter, according to Insider Monkey’s database. The total value of these stakes is roughly $2.2 million.

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