Most dividend stocks pay dividends on a quarterly, semi-annual, or annual basis. But there is a group of stocks that make dividend payments once per month. Monthly dividend stocks provide shareholders with 12 dividend payments per year, which could be attractive for investors looking for more frequent payouts.

Even better, the following 3 monthly dividend stocks all have high dividend yields, making them 3 of the best monthly dividend stocks right now.

Realty Income (O)

Realty Income is a retail-focused REIT that has become famous for its successful dividend growth history and monthly dividend payments. Today, the trust owns thousands of properties.

Realty Income owns retail properties that are not part of a wider retail development (such as a mall), but instead are standalone properties. This means that the properties are viable for many different tenants, including government services, healthcare services, and entertainment.

On November 3, 2025, Realty Income Corporation reported third-quarter 2025 results including revenue of $1.47 billion, exceeding consensus estimates and year-ago levels. The company posted net income of approximately $315.8 million for the quarter. Same-store rental revenue rose 1.3% year-over-year to $1,162.3 million, and the rent recapture rate on re-leased units was 103.5% for both the quarter and the nine-month period ended September 30, 2025.

Future growth for the company will be based heavily on acquiring new properties. For example, last quarter Realty Income’s investment activity was strong, with $200 million in U.S. wholly-owned acquisitions during Q3 (47 properties, 12.2-year weighted average term) and $623.2 million across 105 properties year-to-date (15.3-year term) in total.

The company noted initial weighted average cash yields of approximately 7.3% on recent U.S. real-estate investments and around 9% on European credit investments, reflecting favorable risk-adjusted pricing.

The company raised the lower bound of its 2025 AFFO per share guidance to $4.25–$4.27 (mid-point unchanged) and increased investment-volume guidance to approximately $5.5 billion.

Realty Income demonstrated steady earnings, resilient cash flow and disciplined capital deployment in the net-lease REIT market, while maintaining high portfolio occupancy, cash-flow margin and financial flexibility.

Realty Income has increased its dividend for 28 consecutive years, and is today a Dividend Aristocrat.

Main Street Capital (MAIN)

Main Street Capital Corporation is a Business Development Company (BDC) that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.

Main Street defines lower middle market companies as generally having annual revenues between $10 million and $150 million.

The company’s investments typically support management buyouts, recapitalizations, growth financings, refinancing, and acquisitions. The company has a market capitalization of $5.3 billion and generated $355 million in net investment income in 2024.

At the end of Q3 2025, Main Street had an interest in 88 lower middle market companies (valued at $2.8 billion), 11 middle market companies ($90 million) and 86 private loan investments ($1.9 billion).

The corporation had aggregate liquidity of $1.561 billion, consisting of $30.6 million in cash and cash equivalents, and $1.53 billion of unused capacity under the revolving credit facility.

On November 4th, 2025, Main Street Capital announced a 2.0% dividend increase to $0.26 per share paid monthly.

On November 6th, 2025, Main Street Capital reported third quarter 2025 results. Net investment income of $86.5 million rose 3% compared to $84.4 million in Q3 2024. The corporation generated net investment income per share of $0.97, up 1% year-over-year from $0.96 per share. Distributable net investment income per share totaled $1.03, flat against Q3 2024.

Main Street’s net asset value per share increased 3.6% since December 31st, 2024, from $31.65 to $32.78.

The corporation declared monthly dividends of $0.26 to be paid in the first quarter of 2026, which are 4% higher than those declared a year ago, as well as a supplemental $0.30 dividend to be paid in December.

EPR Properties (EPR)

EPR Properties is a specialty real estate investment trust, or REIT, that invests in properties in specific market segments that require industry knowledge to operate effectively. It selects properties it believes have strong return potential in Entertainment, Recreation, and Education. The REIT structures its investments as triple net, a structure that places the operating costs of the property on the tenants, not the REIT. The portfolio includes almost $7 billion in investments across 300+ locations in 44 states, including over 250 tenants.

EPR posted third quarter earnings on October 29th, 2025, and results were largely in line with expectations. Adjusted FFO-per-share came to $1.37, which was three cents ahead of estimates. FFO was up from $1.26 in Q2, and $1.29 in the year-ago period.

Revenue was up 1% year-over-year to $182 million, in line with expectations. Property operating expenses were $14.5 million, down from $14.7 million in Q2 and $14.6 million a year ago. Adjusted EBITDAre was $147 million, up from $138 million in Q2 and $143 million a year ago.

Investment spending was $54.5 million, while realized disposition proceeds were $19.3 million. The trust also committed $100 million in experiential development and redevelopment projects over the next 15 months.

EPR’s competitive advantage is its portfolio of specialized properties. EPR has methodically identified the most profitable properties through years of experience and focuses its investments in these areas. It certainly isn’t immune to recessions, but the REIT has a healthy dividend payout ratio near 70% for 2025.

Disclosure: No positions in any stocks mentioned

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Bob Ciura has worked at Sure Dividend since October 2016. He oversees all content for Sure Dividend and its partner sites. Bob received a Bachelor’s degree in Finance from DePaul.