High Yield Monthly Dividend Paying Stocks

Symbol	Mkt Cap	Yield
ComSovereign Holding Corp. 9.25% Series A Cumulative Preferred Stock COMSP	NA	161.72%
Soluna Holdings Inc 9.0% Series A Cumulative Perpetual Preferred Stock SLNHP	4.65M	34.83%
Esports Entertainment Group Inc. 10% Series A Cumul Convertible Preferred StockEsports Entertainment Group Inc. 10% Series A Cumul Convertible Preferred Stock GMBLP	2.56M	30.00%
BitNile Holdings Inc 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock NILE.PRD	NA	23.21%
cbdMD Inc. 8.0% Series A Cumulative Convertible Preferred Stock YCBD.PRA	1.77M	22.55%
Harbor Custom Development Inc 8.0% Series A Cumulative Convertible Prfd Stock HCDIP	12.88M	18.05%
Aberdeen Global Income Fund FCO	44.26M	17.50%
Guggenheim Strategic Opportunities Fund GOF	767.22M	13.66%
Calamos Global Dynamic Income Fund CHW	366.17M	13.64%
Brookfield Real Assets Income Fund Inc RA	930.74M	13.27%
PIMCO Dynamic Income Fund PDI	4.67B	12.76%
Advent Claymore Convertible Securities and Income Fund AVK	390.56M	12.46%
Calamos Global Total Return Fund CGO	87.06M	12.37%
Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Shares FBIOP	66.32M	12.09%
CBRE Clarion Global Real Estate Income Fund IGR	704.21M	11.92%
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock FATBP	12.65M	11.46%
Virtus Diversified Income & Convertible Fund Commo ACV	196.69M	11.38%
PCM Fund Incorporated PCM	98.74M	11.33%
Invesco Van Kampen High Income Trust II VLT	66.54M	11.30%
Presidio Property Trust 9.375% Series D Cumulative Redeemable Preferred Stock SQFTP	14.60M	11.24%
Calamos Dynamic Convertible & Income Fund CCD	524.18M	10.93%
Applied UV Inc. 10.5% Series A Cumulative Perpetual Preferred Stock AUVIP	11.69M	10.78%
BlackRock Corporate High Yield Fund VI HYT	1.07B	10.72%
Graniteshares Hips US High Income Etf HIPS	63.37M	10.69%
PIMCO Corporate Income Fund PCN	515.38M	10.66%
Chicken Soup for the Soul Entertainment 9.75% Series A Cumul Perp Red Prfd Stk CSSEP	85.06M	10.60%
Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ	555.50M	10.52%
Prospect Capital Corporation PSEC	2.70B	10.51%
Tekla World Healthcare Fund THW	504.66M	10.40%
CareCloud Inc. 11.00% Series A Cumul Red Perp Preferred Stk MTBCP	120.73M	10.30%
Eaton Vance Tax-Advantaged Global Dividend Income Fund ETG	1.17B	10.16%
Cohen & Steers Closed-End Opportunity Fund FOF	281.62M	10.15%
Credit Suisse Asset Management Income Fund CIK	140.27M	10.07%
Eaton Vance Enhanced Equity Income Fund II EOS	841.63M	10.06%
Pyxis Tankers Inc 7.75% Series A Cumulative Convertible Preferred Shares PXSAP	2.73M	10.03%
BlackRock Credit Allocation Income Trust BTZ	945.07M	9.96%
BlackRock Multi-Sector Income Trust BIT	569.58M	9.81%
Eaton Vance Tax-Managed Diversified Equity Income Fund ETY	1.75B	9.66%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund ETV	1.52B	9.48%
Guggenheim Build America Bonds Managed Duration Trust GBAB	320.21M	9.45%
ARMOUR Residential REIT 7.00% Series C Cumulative Redeemable Preferred Stock ARR.PRC	108.45M	9.33%
Calamos Strategic Total Return Fund CSQ	2.06B	9.23%
BlackRock Limited Duration Income Trust BLW	456.03M	9.22%
Gladstone Commercial Corp GOOD	645.96M	9.21%
Alpine Total Dynamic Dividend Fund AOD	792.16M	9.19%
Highland Income Fund HFRO	687.27M	9.15%
Eaton Vance Tax-Managed Buy-Write Income Fund ETB	420.16M	8.98%
Alpine Global Dynamic Dividend Fund AGD	111.19M	8.80%
CareCloud Inc 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock MTBCO	25.03M	8.74%
Eaton Vance Enhanced Equity Income Fund EOI	592.22M	8.73%
Gabelli Utility Trust GUT	388.40M	8.42%
Eaton Vance Tax-Advantaged Dividend Income Fund EVT	1.71B	8.41%
John Hancock Premium Dividend Fund PDT	700.29M	8.16%
Gabelli Global Utility & Income Trust GLU	79.07M	8.16%
Reaves Utility Income Fund UTG	1.57B	8.09%
Cohen & Steers Quality Income Realty Fund RQI	1.62B	7.97%
Oxford Lane Capital Corp 7.125% Term Preferred Stock OXLCN	53.86M	7.94%
Cohen & Steers REIT and Preferred Income Fund RNP	1.00B	7.76%
Eagle Point Credit Company Inc 6.75% Series D Preferred Stock ECC.PRD	23.75M	7.74%
Cohen & Steers Infrastructure Fund UTF	2.32B	7.64%
DNP Select Income Fun DNP	3.59B	7.40%
Main Street Capital Corporation MAIN	2.60B	7.40%
John Hancock Tax-Advantaged Dividend Income Fund HTD	795.10M	7.37%
Cohen & Steers Total Return Realty Fund RFI	343.23M	7.36%
Rivernorth Managed Duration Municipal Income Fund RMM	301.42M	7.30%
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock Due 2031 ECCC	48.20M	7.17%
Tekla Healthcare Opportunies Fund THQ	790.31M	7.06%
Gladstone Commercial Corp. 6.625% Series E Cumulative Redeemable Preferred Stock GOODN	65.55M	6.97%
Gladstone Investment Corporation - Business Develo GAIN	429.34M	6.96%
Gladstone Commercial Corp. 6.00% Series G Cumulative Redeemable Preferred Stock GOODO	86.48M	6.94%
BlackRock Utility and Infrastructure Trust BUI	409.22M	6.93%
BlackRock Enhanced Capital and Income Fund Inc. CII	771.24M	6.83%
Oxford Lane Capital Corp. 6.75% Cumulative Series 2024 Term Preferred Shares OXLCM	67.47M	6.83%
Oxford Lane Capital Corp. 6.25% Cumulative Series 2027 Term Preferred Shares OXLCP	80.57M	6.79%
Oxford Lane Capital Corp. 6.00% Cumulative Series 2029 Term Preferred Shares OXLCO	54.00M	6.67%
Gabelli Dividend & Income Trust GDV	1.80B	6.63%
OFS Credit Company Inc. 6.125% Series C Term Preferred Stock Due 4/30/2026 OCCIO	18.86M	6.50%
Virtus Convertible & Income 2024 Target Term Fund CBH	157.25M	6.41%
BlackRock Health Sciences Trust BME	534.43M	6.30%
AGREE REALTY CORPORATION Depositary Shares RPRSG 4.250% Series A Cumulative Redeemable Preferred Stock ADC.PRA	120.33M	6.18%
LTC Properties Inc. LTC	1.54B	6.00%
Popular Capital Trust II 6.125% Cumul Monthly Income Trust Preferred Securities BPOPM	132.60M	6.00%
Gladstone Land Corp. 6.00% Series B Cumulative Redeemable Preferred Stock LANDO	151.58M	5.89%
OFS Credit Company Inc 5.25% Series E Term Preferred Stock Due 2026 OCCIN	NA	5.69%
Eagle Point Income Company Inc 5.00% Series A Term Preferred Stock Due 2026 EICA	34.53M	5.51%
Bny Mellon Municipal Bond Infrastructure Fund Inc DMB	213.06M	5.49%
Gladstone Land Corp 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026 LANDM	58.56M	5.15%
BlackRock Enhanced Government Fund EGF	45.69M	5.10%
STAG Industrial Inc STAG	5.27B	4.97%
Realty Income Corp O	36.26B	4.94%
Synthetic Fixed-Income Sec STRATS 2006-03 Float Rate Allstate Corp. GJT	29.36M	4.46%
Synthetic Fixed-Income Sec STRATS 2006-02 Float Rate Goldman Sachs Group GJS	27.85M	4.21%
Synthetic Fixed-Income Sec STRATS 2006-01 Float Rate Procter & Gamble GJR	31.15M	3.70%
Synthetic Fixed-Income Sec STRATS 2005-06 Float Rate Dominion Resources Inc. GJP	9.38M	3.61%
Synthetic Fixed-Income Sec STRATS 2005-04 Float Rate Wal-Mart Stores GJO	13.23M	3.18%
US Global Investors Inc GROW	39.68M	2.92%
Gladstone Land Corp LAND	644.52M	2.90%
Global Water Resources Inc GWRS	289.02M	2.44%

Prior to answering the question as to which high yield monthly dividend paying stocks offer the most dividend yield, first we have to address the matter of whether each stock's dividend is actually steady (or shrinking, or growing). If a given high yield monthly dividend paying stock offers, on paper, a current yield of, say, 10%, but meanwhile the monthly dividend amount has actually been falling over time (or if the monthly amount is variable and "bounces around") then should we really "count" that super-high yield as with the same weight as compared to a hypothetical peer that has a lower current yield but maintains a history of dividend growth?

We had this question in our minds when we put together this page, and what we decided is that you'll most want to see just the subset of our coverage universe of monthly dividend paying stocks which have paid a steady or growing dividend over the past five year look-back period (if you wish to see only those stocks that have shown growth in their monthly dividends, then click here).

So, what you'll find in the list below is the group of high yield monthly dividend paying stocks where we found that the dividend rate had not been cut in the past five years. While this doesn't tell us what the next five years will look like, it still represents a great starting point, for further research — be sure to click through on any symbol to research it further (each stock has its own page with additional details, which includes a nifty chart comparing the growth of the dividend rate over time compared to the growth of the stock price).

Also: we've divided this page into two sections. The list you will see below has securities traded on the US stock exchanges; click here for a separate list of the highest monthly dividend paying stocks traded on Canadian exchanges, ranked by yield.