Dividend investing is an investment strategy that has been around for a long time. The prospect of creating a steady, passive income stream is enough to entice someone to become an income investor. Dividend stocks, such as The Coca-Cola Company, are among the most popular stock options today among investors. According to research, high-yielding equities outperform their lower-yielding competitors, as well as the market as a whole. Between 1930 and 2020, dividend stocks with the highest yields outperformed the S&P 500 index 77.8% of the time.
Insider Monkey takes a look at the 12 best stocks that pay monthly dividends. Dynex Capital, Inc. is ranked 12th. At the end of the first quarter of 2019, 9 hedge funds out of the 873 tracked by Insider Monkey had a $27 million investment in Dynex Capital. LTC Properties, Inc. is a healthcare real estate investment trust (REIT) that invests in senior housing and healthcare facilities. On our list of the best stocks that pay monthly dividends, the company is ranked 11th. By the end of the second quarter of 2021, ten hedge funds had invested $9 million in LTC Properties. Prospect Capital Corporation is a company that focuses in the development of businesses. On the list of the best stocks that pay monthly dividends, the company is ranked 10th. It is based in New York and pays a $0.15 per share monthly dividend. Broadmark Realty Capital Inc. underwrites, funds, handles, and manages a portfolio of short-term and first deed of trust loans for residential and commercial property development. On the list of the best stocks that pay monthly dividends, the company is ranked 9th. Gladstone Land Corporation’s Revenue was $16.89 million, up 33.67 percent year over year and $0.28 million higher than expected. The company buys and owns farmland in the United States for the purpose of leasing it to other farmers. For more details, click 12 Best Stocks That Pay Monthly Dividends.