10 Monthly Dividend Stocks With Over 5% Yield

Published November 1, 2021 at 6:31 am EDT Updated September 7, 2026 at 1:05 pm EDT

In this article, we discuss the 10 monthly dividend stocks with over 5% yield.

Dividend investing is an attractive strategy for those investors who wish to retire comfortably or have a passive income stream on the side. Everyone finds the idea of making more money out of the money you already have too intriguing to pass up. Dividend investing is a lifesaver, especially in recent times, when the COVID-19 pandemic resulted in an unemployment rate of 14.8% in April 2020, the highest it has ever been seen since 1948. People who temporarily lose their source of income due to uncertain and volatile job markets find dividend income to be one of the best resources to sustain them through trying times.

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Our Methodology

With this context in mind, let’s discuss the 10 monthly dividend stocks with over 5% yield. We selected stocks that pay monthly dividends and ranked them from the lowest to the highest dividend yield. We also selected stocks with mostly positive analyst ratings, earnings, and hedge fund sentiment.

Monthly Dividend Stocks With Over 5% Yield

10. EPR Properties (NYSE:EPR)

Number of Hedge Fund Holders: 20

Dividend Yield: 5.86%

EPR Properties (NYSE:EPR) is an American REIT based in Kansas City, Missouri. It is engaged in investments across movie theaters, amusement parks, ski resorts, and other entertainment establishments. EPR Properties has an impressive portfolio of properties in 357 locations across the US, worth over $6.4 billion. EPR Properties is one of the top 10 monthly dividend stocks with over 5% yield.

At the end of June, 20 hedge funds tracked by Insider Monkey reported owning stakes in EPR Properties, up from 15 in the previous quarter.

9. LTC Properties, Inc. (NYSE:LTC)

Number of Hedge Fund Holders: 10

Dividend Yield: 6.81%

LTC Properties, Inc. (NYSE: LTC) is a healthcare REIT, investing in housing for senior citizens and healthcare properties by sale and leaseback agreements, mortgage financing, joint ventures, and structured finance solutions such as preferred equity and mezzanine lending. It is one of the best monthly dividend stocks on our list, with a dividend yield of 6.81%.

By the end of Q2, 10 hedge funds tracked by Insider Monkey held stakes in LTC Properties, Inc., valued at approximately $9 million.

8. Cross Timbers Royalty Trust (NYSE:CRT)

Number of Hedge Fund Holders: N/A

Dividend Yield: 7.35%

Cross Timbers Royalty Trust (NYSE: CRT) is a US company that holds about 90% of the net profits interests in several royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico, and it ranks eighth on our list of the best monthly dividend stocks with over 5% yield.

The underlying non-producing royalties and working interest properties are owned by XTO Energy. Cross Timbers Royalty Trust’s underlying properties include over 2,900 producing properties in Texas, Oklahoma and New Mexico.

7. Broadmark Realty Capital Inc. (NYSE:BRMK)

Number of Hedge Fund Holders: 12

Dividend Yield: 8.05%

Broadmark Realty Capital Inc. (NYSE: BRMK) provides short-term, first deed of trust loans secured by real estate to finance the acquisition, renovation, rehabilitation, and development of residential or commercial properties in the United States. Broadmark Realty Capital Inc. successfully manages its loan portfolio across a variety of economic conditions and market dynamics. Broadmark Realty Capital Inc. is one of the top monthly stocks for dividend investing, with a yield of 8.05%.

At the end of June, 12 hedge funds reported owning stakes in Broadmark Realty Capital Inc.. The company’s actual FFO for Q2 was announced on August 9 as $0.18, missing target estimates by -$0.02.

6. PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT)

Number of Hedge Fund Holders: 5

Dividend Yield: 8.54%

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) is a non-diversified, close-ended, and externally managed investment company. PennantPark Floating Rate Capital Ltd. invests mainly in variable interest rate loans, floating rate loans, and other lending vehicles to middle-market US companies with below investment grade debt. It is one of the top monthly dividend stocks, with an 8.54% dividend yield.

At the end of June, 5 hedge funds in Insider Monkey’s database reported owning stakes in PennantPark Floating Rate Capital Ltd., down from 7 in the previous quarter. The actual net interest income for Q2 was announced on August 4 as $0.27, as per analysts’ estimates.

5. Prospect Capital Corporation (NASDAQ:PSEC)

Number of Hedge Fund Holders: 11

Dividend Yield: 8.60%

Prospect Capital Corporation (NASDAQ: PSEC) is a financial services company, specializing in middle-market privately held companies, senior and secured loans, syndicated loans, and high yield bonds. Prospect Capital Corporation primarily lends to private companies who need capital for acquisitions, divestitures, growth, development, and recapitalizations. Prospect Capital Corporation is one of the top monthly dividend stocks to invest in.

At the end of June, 11 hedge funds in Insider Monkey’s database were long Prospect Capital Corporation, up from 7 in Q1. Prospect Capital Corporation reported net interest income for Q2 on August 24, beating estimates by $0.02 at $0.19.

4. AGNC Investment Corp. (NASDAQ:AGNC)

Number of Hedge Fund Holders: 19

Dividend Yield: 8.71%

AGNC Investment Corp. (NASDAQ: AGNC) is an American REIT that invests in residential mortgage pass-through securities and collateralized mortgage obligations, where the principal and interest payments for these securities are issued or guaranteed by the US government-sponsored entities.

By the end of the second quarter of 2021, 19 hedge funds out of the 873 tracked by Insider Monkey were long AGNC Investment Corp., with stakes worth roughly $151 million. This is compared to 18 hedge funds in the previous quarter, with a total stake value of almost $167 million.

3. Dynex Capital, Inc. (NYSE:DX)

Number of Hedge Fund Holders: 9

Dividend Yield: 8.78%

Dynex Capital, Inc. (NYSE: DX) is a real estate investment trust (REIT) from Virginia, United States. The company manages a diversified, high-quality, leveraged fixed-income portfolio. Dynex Capital, Inc.’s subsidiaries include Issued Holdings Capital Corporation, and it is one of the top monthly dividend stocks, with a yield of 8.78%.

By the end of the second quarter of 2021, 9 hedge funds out of the 873 tracked by Insider Monkey held stakes in Dynex Capital, Inc., worth $27 million, up from 8 in the previous quarter, with stakes valued at $24 million.

2. Ellington Financial Inc. (NYSE:EFC)

Number of Hedge Fund Holders: 7

Dividend Yield: 9.68%

Ellington Financial Inc. (NYSE:EFC) is one of the highest-yielding monthly dividend stocks to buy, with a dividend yield of 9.68%. Ellington Financial Inc. is a financial investment company with a diversified portfolio consisting of residential and commercial mortgage-backed securities, mortgage loans, consumer loans, collateralized loan obligations, non-mortgage, and mortgage-related derivatives, and equity investments in loan origination companies, among other investment vehicles.

1. ARMOUR Residential REIT, Inc. (NYSE:ARR)

Number of Hedge Fund Holders: 13

Dividend Yield: 11.17%

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland-based mortgage REIT that invests in mortgage-backed securities (MBS) in the United States. These securities are guaranteed or issued by a US government-sponsored agency, such as Fannie Mae, Freddie Mac, and Ginnie Mae. ARMOUR Residential REIT, Inc. ranks first on our list of the best stocks that pay monthly dividends with over 5% yield, with a dividend yield of 11.17%.

At the end of June, 13 hedge funds in Insider Monkey’s exclusive database were bullish on ARMOUR Residential REIT, Inc., up from 9 in the previous quarter.

You can also take a look at 10 Best Oil Stocks To Buy According To Hedge Funds and 11 Best Growth Stocks To Buy According To Hedge Funds.

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