Monthly Dividends
The list below contains stocks that yield 5% or higher and pay monthly dividends. Stocks that pay their dividends out monthly can be a good source of income for investors and retirees. Many investors choose to live off the dividend income they receive each month while others will reinvest their income using a DRIP program.
Many of these stocks have very high yields. Every stock on this list has maintained a fairly consistent dividend yield this year. I like seeing a pay check every month verses every quarter and I’m sure you do too.
Monthly Dividend Stocks
Last updated – 2/06/2012
| Company | Symbol | Dividend Yield | 1 Year Return % | Beta | Institutional Ownership |
|---|---|---|---|---|---|
| Cross Timbers Royalty Trust | CRT | 6.85 | Members Only | Members Only | Members Only |
| Dreyfus Strategic Municipals | LEO | 6.41 | Members Only | Members Only | Members Only |
| Invesco Quality Municipal Inc | IQI | 6.31 | Members Only | Members Only | Members Only |
| BlackRock New Jersey Muni | BNJ | 5.59 | Members Only | Members Only | Members Only |
| BlackRock Municipal Income | BLE | 6.43 | Members Only | Members Only | Members Only |
| Invesco Municipal Premium Inc | PIA | 5.86 | Members Only | Members Only | Members Only |
| Flaherty & Crumrine Preferred | PFO | 7.76 | Members Only | Members Only | Members Only |
| BlackRock Municipal Income | BFK | 6.37 | Members Only | Members Only | Members Only |
| Pioneer Municipal High Income | MAV | 7.58 | Members Only | Members Only | Members Only |
| Putnam Managed Municipal Inc | PMM | 6.05 | Members Only | Members Only | Members Only |
| Sabine Royalty Trust Common | SBR | 6.51 | Members Only | Members Only | Members Only |
| Pioneer High Income Trust | PHT | 9.45 | Members Only | Members Only | Members Only |
| Invesco Municipal Income Opp III | OIC | 6.14 | Members Only | Members Only | Members Only |
| Invesco Municipal Income Opp | OIA | 6 | Members Only | Members Only | Members Only |
| Eaton Vance Pennsylvania Muni | EVP | 6.16 | Members Only | Members Only | Members Only |
| Invesco Van Kampen Advantage | VKI | 6.57 | Members Only | Members Only | Members Only |
| MFS High Income Municipal | CXE | 6.94 | Members Only | Members Only | Members Only |
| BlackRock New York Municipal | BNY | 6.12 | Members Only | Members Only | Members Only |
| Pioneer Municipal High Income | MHI | 7.53 | Members Only | Members Only | Members Only |
| BlackRock Income Trust Inc. | BKT | 6.61 | Members Only | Members Only | Members Only |
| BlackRock Income Opportunity | BNA | 6.03 | Members Only | Members Only | Members Only |
| MFS Municipal Income Trust | CMU | 6.95 | Members Only | Members Only | Members Only |
| Eaton Vance Municipal Income | EVN | 7.13 | Members Only | Members Only | Members Only |
| DWS High Income Trust | KHI | 8.51 | Members Only | Members Only | Members Only |
| Western Asset High Income Fund | HIX | 9.71 | Members Only | Members Only | Members Only |
| Alliancebernstein Global | AWF | 7.96 | Members Only | Members Only | Members Only |
| DSW Multi-Market Income Trust | KMM | 8.65 | Members Only | Members Only | Members Only |
| Western Asset Global High Inc | EHI | 8.73 | Members Only | Members Only | Members Only |
| Hugoton Royalty Trust Common | HGT | 9.17 | Members Only | Members Only | Members Only |
| DSW Strategic Municiple Income | KSM | 6.59 | Members Only | Members Only | Members Only |
| DSW Strategic Income Trust | KST | 8.28 | Members Only | Members Only | Members Only |
| BlackRock Limited Duration Inc | BLW | 7.4 | Members Only | Members Only | Members Only |
| Realty Income Corporation | O | 4.68 | Members Only | Members Only | Members Only |
| PIMCO High Income | PHK | 11.38 | Members Only | Members Only | Members Only |
| MFS Intermarket Income Trust | CMK | 5.36 | Members Only | Members Only | Members Only |
| MFS Multimarket Income Trust | MMT | 7.22 | Members Only | Members Only | Members Only |
| San Juan Basin Royalty Trust | SJT | 7.83 | Members Only | Members Only | Members Only |
| LMP Real Estate Income Fund | RIT | 6.98 | Members Only | Members Only | Members Only |
| Eaton Vance Senior Income Trust | EVF | 6.35 | Members Only | Members Only | Members Only |
| Eaton Vance Floating Rate | EFT | 6.53 | Members Only | Members Only | Members Only |
| Putnam Master Intermediate Inc | PIM | 6.86 | Members Only | Members Only | Members Only |
| Eaton Vance Senior Floating-Rat | EFR | 6.7 | Members Only | Members Only | Members Only |
| Inland Real Estate Corporation | IRC | 6.3 | Members Only | Members Only | Members Only |
| Putnam Premier Income Trust | PPT | 6.69 | Members Only | Members Only | Members Only |
| Advent Claymore Convertible | AVK | 6.82 | Members Only | Members Only | Members Only |
| Alpine Global Dynamic Dividend | AGD | 11.76 | Members Only | Members Only | Members Only |
*Please note: This list does not include every stock that pays dividends monthly. Stock prices and yields do change daily. This is not a buy, recommendation or stock pick list. This is information only. Invest at your own risk.
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