Cheap Monthly Dividend Paying Stocks

Symbol Mkt Cap Yield
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock
FATBP
CDx3 Ranked Monthly Dividend Paying Stock 1.58M91.67%
Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Shares
FBIOP
CDx3 Ranked Monthly Dividend Paying Stock 22.96M34.98%
Aberdeen Global Income Fund
FCO
40.50M27.91%
Soluna Holdings Inc 9.0% Series A Cumulative Perpetual Preferred Stock
SLNHP
CDx3 Ranked Monthly Dividend Paying Stock 8.10M20.00%
Guggenheim Strategic Opportunities Fund
GOF
2.16B16.44%
Presidio Property Trust 9.375% Series D Cumulative Redeemable Preferred Stock
SQFTP
CDx3 Ranked Monthly Dividend Paying Stock 10.89M15.07%
Dynex Capital Inc
DX
2.02B14.86%
CBRE Clarion Global Real Estate Income Fund
IGR
740.36M14.69%
Neuberger High Yield Strategies Fund
NHS
232.51M14.52%
PIMCO Dynamic Income Fund
PDI
6.99B14.33%
Hyperscale Data 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
GPUS.PRD
CDx3 Ranked Monthly Dividend Paying Stock 7.42M14.19%
AGNC Investment Corp
AGNC
10.74B13.97%
Western Asset High Income Fund II
HIX
385.50M13.74%
Pennantpark Floating Rate Capital
PFLT
923.72M13.21%
Western Asset Global High Income Fund
EHI
144.76M13.19%
Nxg Nextgen Infrastructure Income Fundhar
NXG
185.07M12.88%
Nuveen Floating Rate Income Fund
JFR
1.07B12.80%
Western Asset Global Corporate Defined Opportunity Fund
GDO
86.77M12.69%
Nxg Cushing Midstream Energy Fund
SRV
184.20M12.67%
Western Asset Diversified Income Fundhare
WDI
745.23M12.38%
Principal Real Estate Income Fund
PGZ
69.35M12.16%
Alpine Global Premier Properties Fund
AWP
341.40M12.15%
KKR Income Opportunities Fund
KIO
494.94M12.04%
Abrdn Healthcare Opportunities Fund
THQ
744.41M12.01%
PIMCO High Income Fund
PHK
833.45M11.85%
Abrdn World Healthcare Fund
THW
498.52M11.19%
BlackRock Multi-Sector Income Trust
BIT
502.88M11.14%
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
297.23M11.10%
PIMCO Dynamic Income Opportunities Fundha
PDO
1.77B11.00%
Advent Claymore Convertible Securities and Income Fund
AVK
565.99M10.97%
Graniteshares Hips US High Income Etf
HIPS
113.74M10.94%
Hoya Capital High Dividend Yield Etf
RIET
95.35M10.86%
Calamos Dynamic Convertible & Income Fund - Closed
CCD
591.69M10.70%
Nyli Cbre Global Infrastructure Megatrends Term FU
MEGI
738.55M10.57%
MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock
STRC
CDx3 Ranked Monthly Dividend Paying Stock 2.80B10.50%
PIMCO Corporate Income Fund
PCN
824.68M10.47%
Calamos Convertible and High Income Fund
CHY
927.04M10.27%
Calamos Convertible Opportunities and Income Fund
CHI
871.38M10.19%
Western Asset High Yield Defined Opportunity Fund
HYI
145.57M10.04%
BlackRock Corporate High Yield Fund VI
HYT
1.36B9.84%
Nuveen Mortgage Opportunity Term Fund
JLS
103.51M9.75%
Gabelli Utility Trust
GUT
543.50M9.74%
BlackRock Limited Duration Income Trust
BLW
542.16M9.72%
Guggenheim Build America Bonds Managed Duration Trust
GBAB
414.80M9.72%
Neuberger Berman Next Generation Connectivity Fund
NBXG
1.19B9.54%
Credit Suisse Asset Management Income Fund
CIK
155.67M9.51%
PIMCO Global Stocksplus & Income Fundhare
PGP
100.95M9.47%
Virtus Infracap U.S. Preferred Stock Etf
PFFA
1.89B9.44%
BlackRock Core Bond Trust
BHK
524.89M9.24%
Guggenheim Active Allocation Fund
GUG
515.15M9.12%
BlackRock Credit Allocation Income Trust
BTZ
1.03B9.10%
CareCloud Inc 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock
CCLDO
CDx3 Ranked Monthly Dividend Paying Stock 36.94M8.95%
John Hancock Preferred Income Fund II
HPF
362.26M8.83%
Infracap MLP Etf
AMZA
381.19M8.82%
BlackRock International Growth and Income Trust
BGY
568.99M8.78%
Eagle Point Credit Company Inc 6.75% Series D Preferred Stock
ECC.PRD
CDx3 Ranked Monthly Dividend Paying Stock 21.37M8.63%
Cohen & Steers Real Estate Opportunities and Incom
RLTY
256.86M8.59%
BlackRock Global Opportunities Equity Trust
BOE
659.79M8.58%
John Hancock Preferred Income Fund III
HPS
494.78M8.54%
GAMCO Natural Resources Gold & Income Trust
GNT
115.65M8.40%
Cohen & Steers Total Return Realty Fund
RFI
310.16M8.26%
Neuberger Berman Energy Infrastructure and Income
NML
485.00M8.19%
BlackRock Resources & Commodities Strategy Trust
BCX
806.17M8.11%
Eagle Point Institutional Income Fund 8.125% Series A Term Preferred Shares Due 2029
EIIA
CDx3 Ranked Monthly Dividend Paying Stock 35.14M8.09%
Cohen & Steers Tax-advantaged Preferred Securities
PTA
1.10B8.07%
ARMOUR Residential REIT 7.00% Series C Cumulative Redeemable Preferred Stock
ARR.PRC
CDx3 Ranked Monthly Dividend Paying Stock 125.73M8.05%
Cohen & Steers Closed-End Opportunity Fund
FOF
360.50M8.01%
Modiv Industrial Inc
MDV
148.92M7.98%
Eagle Point Credit Company Inc 8.00% Series F Term Preferred Stock Due 2029
ECCF
CDx3 Ranked Monthly Dividend Paying Stock 62.31M7.93%
Eagle Point Income Company Inc 8.00% Series C Term Preferred Stock Due 2029
EICC
CDx3 Ranked Monthly Dividend Paying Stock 42.54M7.93%
Pearl Diver Credit Company Inc 8.00% Series A Term Preferred Stock Due 2029
PDPA
CDx3 Ranked Monthly Dividend Paying Stock 34.83M7.93%
Sound Point Meridian Capital Inc 8.00% Series A Preferred Shares Due 2029
SPMA
CDx3 Ranked Monthly Dividend Paying Stock 58.05M7.92%
Cohen & Steers Quality Income Realty Fund
RQI
1.64B7.88%
BlackRock Health Sciences Trust
BME
528.76M7.88%
OFS Credit Company Inc 7.875% Series F Term Preferred Stock Due 2029
OCCIM
CDx3 Ranked Monthly Dividend Paying Stock 26.01M7.87%
Eaton Vance Enhanced Equity Income Fund
EOI
833.05M7.86%
Pgim Short Duration High Yield Opportunities Fund
SDHY
406.86M7.86%
Infracap Reit Preferred Etf
PFFR
105.92M7.82%
Sound Point Meridian Capital Inc 7.875% Series B Preferred Shares Due 2030
SPME
CDx3 Ranked Monthly Dividend Paying Stock NA7.80%
Eagle Point Income Company Inc 7.75% Series B Term Preferred Stock Due 2028
EICB
CDx3 Ranked Monthly Dividend Paying Stock 39.28M7.73%
Cohen & Steers Infrastructure Fund
UTF
2.34B7.68%
Cohen & Steers REIT and Preferred Income Fund
RNP
1.02B7.67%
DNP Select Income Fun
DNP
3.78B7.64%
Gladstone Land Corp 6.00% Series C Cumulative Redeemable Preferred Stock
LANDP
CDx3 Ranked Monthly Dividend Paying Stock 200.08M7.61%
Carlyle Credit Income Fund 7.375% Series D Preferred Shares Due 2028
CCID
CDx3 Ranked Monthly Dividend Paying Stock NA7.56%
Western Asset Premier Bond Fund
WEA
132.18M7.54%
Gladstone Land Corp. 6.00% Series B Cumulative Redeemable Preferred Stock
LANDO
CDx3 Ranked Monthly Dividend Paying Stock 118.88M7.52%
Gladstone Commercial Corp. 6.00% Series G Cumulative Redeemable Preferred Stock
GOODO
CDx3 Ranked Monthly Dividend Paying Stock 80.20M7.48%
Gladstone Commercial Corp. 6.625% Series E Cumulative Redeemable Preferred Stock
GOODN
CDx3 Ranked Monthly Dividend Paying Stock 61.78M7.40%
Oxford Lane Capital Corp 7.125% Term Preferred Stock
OXLCN
CDx3 Ranked Monthly Dividend Paying Stock 58.56M7.30%
AllianceBernstein Global High Income Fund
AWF
935.59M7.24%
GAMCO Global Gold Natural Resources & Income Trust
GGN
773.40M7.24%
First Trust Income Opportunities Etf
FCEF
63.13M7.07%
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock Due 2031
ECCC
CDx3 Ranked Monthly Dividend Paying Stock 50.92M6.93%
Gladstone Investment Corporation - Business Develo
GAIN
550.29M6.92%
EPR Properties
EPR
3.90B6.90%
Healthpeak Properties Inc
DOC
12.44B6.82%
Gabelli Global Utility & Income Trust
GLU
109.66M6.54%
Oxford Lane Capital Corp. 6.00% Cumulative Series 2029 Term Preferred Shares
OXLCO
CDx3 Ranked Monthly Dividend Paying Stock 55.51M6.49%
Calamos Strategic Total Return Fund
CSQ
3.08B6.40%
Western Asset Intermediate Muni Fund
SBI
110.83M6.40%
Oxford Lane Capital Corp. 6.25% Cumulative Series 2027 Term Preferred Shares
OXLCP
CDx3 Ranked Monthly Dividend Paying Stock 86.03M6.36%
Reaves Utility Income Fund
UTG
3.33B6.35%
LTC Properties Inc.
LTC
1.72B6.30%
BlackRock Utility and Infrastructure Trust
BUI
599.24M6.18%
Gabelli Dividend & Income Trust
GDV
2.42B6.17%
OFS Credit Company Inc. 6.125% Series C Term Preferred Stock Due 4/30/2026
OCCIO
CDx3 Ranked Monthly Dividend Paying Stock 20.07M6.10%
Thornburg Income Builder Opportunities Trust - Clo
TBLD
658.96M6.09%
Popular Capital Trust II 6.125% Cumul Monthly Income Trust Preferred Securities
BPOPM
CDx3 Ranked Monthly Dividend Paying Stock 130.78M6.09%
AGREE REALTY CORPORATION Depositary Shares RPRSG 4.250% Series A Cumulative Redeemable Preferred Stock
ADC.PRA
CDx3 Ranked Monthly Dividend Paying Stock 122.92M6.05%
Realty Income Corp
O
Monthly Dividend Paying Aristocrat 52.58B5.66%
Gladstone Land Corp
LAND
372.30M5.61%
OFS Credit Company Inc 5.25% Series E Term Preferred Stock Due 2026
OCCIN
CDx3 Ranked Monthly Dividend Paying Stock 34.13M5.38%
Synthetic Fixed-Income Sec STRATS 2006-02 Float Rate Goldman Sachs Group
GJS
CDx3 Ranked Monthly Dividend Paying Stock 30.54M5.28%
Synthetic Fixed-Income Sec STRATS 2006-03 Float Rate Allstate Corp.
GJT
CDx3 Ranked Monthly Dividend Paying Stock 31.88M5.22%
Western Asset Investment Grade Defined Opportunity Trust
IGI
98.48M5.19%
Main Street Capital Corporation
MAIN
5.30B5.17%
Synthetic Fixed-Income Sec STRATS 2005-06 Float Rate Dominion Resources Inc.
GJP
CDx3 Ranked Monthly Dividend Paying Stock 9.49M5.12%
Pacer American Energy Independence Etf
USAI
77.63M5.07%
Eagle Point Income Company Inc 5.00% Series A Term Preferred Stock Due 2026
EICA
CDx3 Ranked Monthly Dividend Paying Stock 37.53M5.07%
Western Asset Income Fund
PAI
118.79M5.04%
Gladstone Land Corp 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026
LANDM
CDx3 Ranked Monthly Dividend Paying Stock 60.11M5.02%
Synthetic Fixed-Income Sec STRATS 2005-04 Float Rate Wal-Mart Stores
GJO
CDx3 Ranked Monthly Dividend Paying Stock 13.89M4.83%
Synthetic Fixed-Income Sec STRATS 2006-01 Float Rate Procter & Gamble
GJR
CDx3 Ranked Monthly Dividend Paying Stock 32.83M4.65%
Nuveen Select Tax-Free Income Portfolio
NXP
678.36M4.43%
STAG Industrial Inc
STAG
7.36B3.78%
Phillips Edison & Co Inc
PECO
4.37B3.73%
US Global Investors Inc
GROW
33.70M3.70%
First Trust New York Municipal High Income Etf
FMNY
26.79M3.63%
Global Water Resources Inc
GWRS
276.66M3.02%
The word "cheap" may mean different things to different investors: to some, it might mean the stock price itself is below a certain threshold per-share price mark, e.g. monthly dividend paying stocks under 10 dollars (or under 5 dollars etc.). To others, "cheap" might mean the valuation is attractive — while a stock with a price of, say, $1,000 per share might look "expensive" relative to a stock at $10 per share, what if the $1000/share stock is paying a monthly dividend that annualizes to $100/year? All of a sudden, that $1000 stock looks cheap on a yield basis, with a whopping 10% yield! On the other hand, if that same stock carried a $200 dividend the year before — i.e. the dividend rate has been shrinking — then all of a sudden that 10% yield might not seem so cheap anymore if dividend cuts are expected to continue into the future.

On this page, we have screened through our full coverage universe of monthly dividend paying stocks, and then discarded any where the dividend rate had been lowered any time over the past five years. This screen then leaves us with "steady" (or growing) monthly dividend paying stocks. We then ranked the resulting list by dividend yield, showing you lots of candidates for cheap monthly dividend paying stocks to research further (click through on any symbol, as each stock has its own individual page with further details, including a neat chart comparing the growth of the dividend rate over time versus the growth of the stock price).

Monthly Dividend Paying Stocks List
Safest Monthly Dividend Paying Stocks
Cheap Monthly Dividend Paying Stocks
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Monthly Dividend Paying Stocks 2019
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