Cheap Monthly Dividend Paying Stocks

Symbol Mkt Cap Yield
Chicken Soup for the Soul Entertainment 9.75% Series A Cumul Perp Red Prfd Stk
CSSEP
CDx3 Ranked Monthly Dividend Paying Stock 4.25M211.93%
cbdMD Inc. 8.0% Series A Cumulative Convertible Preferred Stock
YCBD.PRA
CDx3 Ranked Monthly Dividend Paying Stock 334000119.82%
Soluna Holdings Inc 9.0% Series A Cumulative Perpetual Preferred Stock
SLNHP
CDx3 Ranked Monthly Dividend Paying Stock 1.44M112.50%
CareCloud Inc. 11.00% Series A Cumul Red Perp Preferred Stk
CCLDP
CDx3 Ranked Monthly Dividend Paying Stock 23.87M52.08%
Applied UV Inc. 10.5% Series A Cumulative Perpetual Preferred Stock
AUVIP
CDx3 Ranked Monthly Dividend Paying Stock 2.97M42.41%
CareCloud Inc 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock
CCLDO
CDx3 Ranked Monthly Dividend Paying Stock 6.77M32.30%
Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Shares
FBIOP
CDx3 Ranked Monthly Dividend Paying Stock 47.36M16.96%
LuxUrban Hotels Inc 13.00% Series A Cumulative Redeemable Preferred Stock
LUXHP
CDx3 Ranked Monthly Dividend Paying Stock 5.53M16.46%
Aberdeen Global Income Fund
FCO
69.85M15.08%
Guggenheim Strategic Opportunities Fund
GOF
1.97B15.02%
CBRE Clarion Global Real Estate Income Fund
IGR
685.85M14.69%
PIMCO Dynamic Income Fund
PDI
4.88B13.96%
Presidio Property Trust 9.375% Series D Cumulative Redeemable Preferred Stock
SQFTP
CDx3 Ranked Monthly Dividend Paying Stock 11.81M13.89%
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock
FATBP
CDx3 Ranked Monthly Dividend Paying Stock 10.49M13.81%
Neuberger High Yield Strategies Fund
NHS
154.14M13.69%
Prospect Capital Corporation
PSEC
2.19B13.66%
Ault Alliance Inc 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock
AULT.PRD
CDx3 Ranked Monthly Dividend Paying Stock NA13.62%
Western Asset High Income Fund II
HIX
282.71M13.52%
Aberdeen Asia-Pacific Income Fund
FAX
636.58M12.84%
Western Asset Global High Income Fund
EHI
154.91M12.31%
Advent Claymore Convertible Securities and Income Fund
AVK
400.25M12.16%
PIMCO Dynamic Income Opportunities Fundha
PDO
1.47B11.82%
PCM Fund Incorporated
PCM
101.98M11.31%
Abrdn Healthcare Opportunities Fund
THQ
797.34M11.20%
Invesco Van Kampen High Income Trust II
VLT
67.71M11.10%
Abrdn World Healthcare Fund
THW
484.56M11.05%
Prudential Global Short Duration High Yield Fund
GHY
469.65M10.98%
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
304.89M10.82%
Gabelli Utility Trust
GUT
411.97M10.81%
Pennantpark Floating Rate Capital
PFLT
708.10M10.71%
PIMCO Corporate Income Fund
PCN
688.24M10.67%
Calamos Dynamic Convertible & Income Fund - Closed
CCD
540.10M10.61%
Calamos Convertible and High Income Fund
CHY
830.66M10.58%
Calamos Convertible Opportunities and Income Fund
CHI
782.29M10.34%
Western Asset Global Corporate Defined Opportunity Fund
GDO
178.49M10.25%
Graniteshares Hips US High Income Etf
HIPS
71.82M10.24%
Prudential Short Duration High Yield Fund
ISD
414.87M10.10%
BlackRock Credit Allocation Income Trust
BTZ
943.49M9.98%
Blackrock Capital Allocation Term Trustha
BCAT
1.67B9.90%
Western Asset High Yield Defined Opportunity Fund
HYI
261.73M9.87%
Guggenheim Build America Bonds Managed Duration Trust
GBAB
375.38M9.68%
BlackRock Corporate High Yield Fund VI
HYT
1.38B9.66%
Virtus Diversified Income & Convertible Fund Commo
ACV
231.87M9.66%
BlackRock Multi-Sector Income Trust
BIT
581.35M9.63%
BlackRock Limited Duration Income Trust
BLW
482.82M9.58%
Credit Suisse Asset Management Income Fund
CIK
153.17M9.36%
Virtus Artificial Intelligence & Technology Opport
AIO
667.25M9.26%
Cohen & Steers Closed-End Opportunity Fund
FOF
313.20M9.18%
Eaton Vance Enhanced Equity Income Fund
EOI
712.95M9.08%
DNP Select Income Fun
DNP
3.14B8.82%
Cohen & Steers Quality Income Realty Fund
RQI
1.48B8.74%
Reaves Utility Income Fund
UTG
2.07B8.70%
Cohen & Steers Tax-advantaged Preferred Securities
PTA
1.02B8.70%
Eagle Point Credit Company Inc 6.75% Series D Preferred Stock
ECC.PRD
CDx3 Ranked Monthly Dividend Paying Stock 21.32M8.65%
Cohen & Steers Total Return Realty Fund
RFI
295.79M8.62%
Pgim Short Duration High Yield Opportunities Fund
SDHY
372.32M8.59%
Alpine Total Dynamic Dividend Fund
AOD
847.67M8.58%
Carlyle Credit Income Fund 8.75% Series A Term Preferred Shares Due 2028
CCIA
CDx3 Ranked Monthly Dividend Paying Stock NA8.58%
Gabelli Global Utility & Income Trust
GLU
16.95M8.53%
ARMOUR Residential REIT 7.00% Series C Cumulative Redeemable Preferred Stock
ARR.PRC
CDx3 Ranked Monthly Dividend Paying Stock 118.79M8.52%
Alpine Global Dynamic Dividend Fund
AGD
234.23M8.28%
Cohen & Steers REIT and Preferred Income Fund
RNP
944.47M8.25%
Eagle Point Credit Company Inc 8.00% Series F Term Preferred Stock Due 2029
ECCF
CDx3 Ranked Monthly Dividend Paying Stock 51.11M8.09%
Cohen & Steers Infrastructure Fund
UTF
2.23B8.04%
Gladstone Commercial Corp. 6.00% Series G Cumulative Redeemable Preferred Stock
GOODO
CDx3 Ranked Monthly Dividend Paying Stock 75.20M7.98%
Pyxis Tankers Inc 7.75% Series A Cumulative Convertible Preferred Shares
PXSAP
CDx3 Ranked Monthly Dividend Paying Stock 10.33M7.88%
Western Asset Premier Bond Fund
WEA
126.96M7.85%
Eagle Point Income Company Inc 7.75% Series B Term Preferred Stock Due 2028
EICB
CDx3 Ranked Monthly Dividend Paying Stock NA7.85%
Calamos Strategic Total Return Fund
CSQ
2.45B7.79%
Gladstone Land Corp. 6.00% Series B Cumulative Redeemable Preferred Stock
LANDO
CDx3 Ranked Monthly Dividend Paying Stock 114.89M7.78%
Gladstone Land Corp 6.00% Series C Cumulative Redeemable Preferred Stock
LANDP
CDx3 Ranked Monthly Dividend Paying Stock 196.53M7.75%
Gladstone Commercial Corp. 6.625% Series E Cumulative Redeemable Preferred Stock
GOODN
CDx3 Ranked Monthly Dividend Paying Stock 59.20M7.72%
BlackRock International Growth and Income Trust
BGY
538.69M7.67%
AllianceBernstein Global High Income Fund
AWF
891.61M7.60%
Oxford Lane Capital Corp 7.125% Term Preferred Stock
OXLCN
CDx3 Ranked Monthly Dividend Paying Stock 56.82M7.52%
BlackRock Global Opportunities Equity Trust
BOE
630.87M7.49%
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock Due 2031
ECCC
CDx3 Ranked Monthly Dividend Paying Stock 48.60M7.26%
LTC Properties Inc.
LTC
1.41B7.00%
Synthetic Fixed-Income Sec STRATS 2006-02 Float Rate Goldman Sachs Group
GJS
CDx3 Ranked Monthly Dividend Paying Stock 30.00M6.90%
Synthetic Fixed-Income Sec STRATS 2006-03 Float Rate Allstate Corp.
GJT
CDx3 Ranked Monthly Dividend Paying Stock 31.43M6.88%
BlackRock Utility and Infrastructure Trust
BUI
477.57M6.82%
Gladstone Investment Corporation - Business Develo
GAIN
520.61M6.77%
Oxford Lane Capital Corp. 6.00% Cumulative Series 2029 Term Preferred Shares
OXLCO
CDx3 Ranked Monthly Dividend Paying Stock 53.25M6.76%
Oxford Lane Capital Corp. 6.75% Cumulative Series 2024 Term Preferred Shares
OXLCM
CDx3 Ranked Monthly Dividend Paying Stock 68.22M6.75%
Synthetic Fixed-Income Sec STRATS 2005-06 Float Rate Dominion Resources Inc.
GJP
CDx3 Ranked Monthly Dividend Paying Stock 9.45M6.71%
Oxford Lane Capital Corp. 6.25% Cumulative Series 2027 Term Preferred Shares
OXLCP
CDx3 Ranked Monthly Dividend Paying Stock 81.72M6.69%
BlackRock Health Sciences Trust
BME
544.65M6.54%
OFS Credit Company Inc. 6.125% Series C Term Preferred Stock Due 4/30/2026
OCCIO
CDx3 Ranked Monthly Dividend Paying Stock 19.27M6.36%
AGREE REALTY CORPORATION Depositary Shares RPRSG 4.250% Series A Cumulative Redeemable Preferred Stock
ADC.PRA
CDx3 Ranked Monthly Dividend Paying Stock 117.25M6.34%
Synthetic Fixed-Income Sec STRATS 2006-01 Float Rate Procter & Gamble
GJR
CDx3 Ranked Monthly Dividend Paying Stock 33.26M6.13%
Popular Capital Trust II 6.125% Cumul Monthly Income Trust Preferred Securities
BPOPM
CDx3 Ranked Monthly Dividend Paying Stock 131.04M6.08%
Gabelli Dividend & Income Trust
GDV
1.98B6.00%
Synthetic Fixed-Income Sec STRATS 2005-04 Float Rate Wal-Mart Stores
GJO
CDx3 Ranked Monthly Dividend Paying Stock 14.22M5.99%
Main Street Capital Corporation
MAIN
4.18B5.86%
Realty Income Corp
O
Monthly Dividend Paying Aristocrat 46.25B5.74%
OFS Credit Company Inc 5.25% Series E Term Preferred Stock Due 2026
OCCIN
CDx3 Ranked Monthly Dividend Paying Stock 32.05M5.73%
Eagle Point Income Company Inc 5.00% Series A Term Preferred Stock Due 2026
EICA
CDx3 Ranked Monthly Dividend Paying Stock 35.19M5.41%
BlackRock Enhanced Government Fund
EGF
36.01M5.38%
Gladstone Land Corp 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026
LANDM
CDx3 Ranked Monthly Dividend Paying Stock 58.08M5.20%
Gladstone Land Corp
LAND
454.43M4.41%
SP Funds Standard and Poors Global Reit Sharia Etf
SPRE
99.14M4.38%
STAG Industrial Inc
STAG
6.27B4.29%
Nuveen Select Tax-Free Income Portfolio
NXP
654.48M4.16%
US Global Investors Inc
GROW
32.44M3.35%
Global Water Resources Inc
GWRS
294.70M2.47%
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
Growing Monthly Dividend Paying Stocks
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High Yield Monthly Dividend Paying Stocks
Realty Income: Monthly Dividend Paying REIT
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Monthly Dividend Paying Stocks 2019
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Monthly Dividend Paying Stocks 2024
 

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