5 Monthly Dividend Stocks To Buy and Hold Forever

In this article, we discuss 5 monthly dividend stocks to buy and hold forever. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 10 Monthly Dividend Stocks To Buy and Hold Forever.

5. AGNC Investment Corp. (NASDAQ:AGNC)

Number of Hedge Fund Holders: 18

An American real estate investment trust company, AGNC Investment Corp. (NASDAQ:AGNC) is next on our list of the best dividend stocks to buy and hold. On November 8, the company declared a monthly dividend of $0.12 per share, which was in line with its previous dividend. It has been paying regular dividends to shareholders since the inception of its dividend policy in 2008. The stock has a dividend yield of 16.17%, as of November 30.

At the end of Q3 2023, 18 hedge funds tracked by Insider Monkey reported having stakes in AGNC Investment Corp. (NASDAQ:AGNC), which remained the same from the previous quarter. The collective value of these stakes is over $92.4 million. With over 3.03 million shares, Schonfeld Strategic Advisors was the company’s leading stakeholder in Q3.

4. STAG Industrial, Inc. (NYSE:STAG)

Number of Hedge Fund Holders: 20

STAG Industrial, Inc. (NYSE:STAG) is an American real estate investment trust company that specializes in the acquisition, ownership, and management of single-tenant industrial properties across the country. The company maintains an 11-year streak of consistent dividend growth, which makes STAG one of the best dividend stocks on our list. It currently offers a monthly dividend of $0.1225 per share and has a dividend yield of 4.10%, as of November 30.

STAG Industrial, Inc. (NYSE:STAG) was a part of 20 hedge fund portfolios at the end of Q3 2023, down from 23 in the preceding quarter. The total value of stakes owned by these hedge funds is over $168.7 million.

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

Number of Hedge Fund Holders: 22

SL Green Realty Corp. (NYSE:SLG) is a real estate investment trust company. Its portfolio consists primarily of high-quality office buildings, retail spaces, and mixed-use properties located in prominent business districts within the key neighborhoods. The company has been making regular dividend payments to shareholders for the past 25 years and offers a monthly dividend of $0.2708 per share. As of November 30, the stock has a dividend yield of 8.70%.

At the end of September 2023, 22 hedge funds in Insider Monkey’s database owned investments in SL Green Realty Corp. (NYSE:SLG), worth collectively over $177 million. With roughly 1.2 million shares, Alyeska Investment Group was the company’s leading stakeholder in Q3.

2. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 23

Realty Income Corporation (NYSE:O) is next on our list of the best dividend stocks to buy and hold. The real estate investment trust company offers a monthly dividend of $0.256 per share. The company has been raising its dividends for 29 consecutive years, which makes it a dividend aristocrat. The stock has a dividend yield of 5.73%.

As of the end of Q3 2023, 23 hedge funds owned stakes in Realty Income Corporation (NYSE:O), compared with 24 in the previous quarter, as per Insider Monkey’s database. The total value of these stakes is roughly $150 million.

1. Agree Realty Corporation (NYSE:ADC)

Number of Hedge Fund Holders: 28

An American real estate investment trust company, Agree Realty Corporation (NYSE:ADC) has been raising its dividends for 13 consecutive years. The company currently offers a monthly dividend of $0.247 per share and the stock has a dividend yield of 5.02%, as of November 30.

Of the 910 hedge funds in Insider Monkey’s database at the end of Q3 2023, 28 funds owned stakes in Agree Realty Corporation (NYSE:ADC), compared with 29 in the preceding quarter. The collective value of these stakes is over $223.4 million.

You can also take a look at 11 Best Long Term Growth Stocks To Invest In and 13 Best Stocks Under $50 To Buy Now