Top 5 Dividend Stocks That Pay Monthly

2. Realty Income Corporation (NYSE:O)

Hedge fund ownership of Realty Income Corporation (NYSE:O) has steadily increased since the first quarter of 2019, rising by 60% during that time. The REIT, whose shares were owned by 24 hedge funds on September 30, is about as steady of a monthly dividend payer as an investor could hope to find, having made monthly payments to shareholders for over 600 consecutive months, or just over 50 years.

Realty Income’s next monthly payment will be made on January 15 (ex-dividend date December 31) and will amount to $0.2345, equating to an annual yield of about 4.7%. Its dividend payments have been hiked by about 11.9% over the past four years.