5 Stocks That Pay Dividends Monthly

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1. AGNC Investment Corp. (NASDAQ:AGNC)

Number of Hedge Fund Holders: 24
Dividend Yield as of June 19: 14.10%

AGNC Investment Corp. (NASDAQ:AGNC) tops our list of the best dividend stocks that pay monthly dividends. According to the company’s Q1 2023 press release, it has declared a total of $12.2 billion in dividends since its IPO in May 2023 through the first quarter of 2023. It currently pays a monthly dividend of $0.12 per share and has a dividend yield of 14.10%, as of June 19.

As of the close of Q1 2023, 24 hedge funds tracked by Insider Monkey held stakes in AGNC Investment Corp. (NASDAQ:AGNC), up from 22 a quarter earlier. The total value of these stakes is over $184 million. Ken Griffin and Steven Tananbaum were the company’s leading stakeholders in Q1.

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