High Yield Monthly Dividend Paying Stocks

Symbol	Mkt Cap	Yield
Chicken Soup for the Soul Entertainment 9.75% Series A Cumul Perp Red Prfd Stk CSSEP	4.25M	211.93%
cbdMD Inc. 8.0% Series A Cumulative Convertible Preferred Stock YCBD.PRA	334000	119.82%
Soluna Holdings Inc 9.0% Series A Cumulative Perpetual Preferred Stock SLNHP	1.44M	112.50%
CareCloud Inc. 11.00% Series A Cumul Red Perp Preferred Stk CCLDP	23.87M	52.08%
Applied UV Inc. 10.5% Series A Cumulative Perpetual Preferred Stock AUVIP	2.97M	42.41%
CareCloud Inc 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock CCLDO	6.77M	32.30%
Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Shares FBIOP	47.36M	16.96%
LuxUrban Hotels Inc 13.00% Series A Cumulative Redeemable Preferred Stock LUXHP	5.53M	16.46%
Aberdeen Global Income Fund FCO	69.85M	15.08%
Guggenheim Strategic Opportunities Fund GOF	1.97B	15.02%
CBRE Clarion Global Real Estate Income Fund IGR	685.85M	14.69%
PIMCO Dynamic Income Fund PDI	4.88B	13.96%
Presidio Property Trust 9.375% Series D Cumulative Redeemable Preferred Stock SQFTP	11.81M	13.89%
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock FATBP	10.49M	13.81%
Neuberger High Yield Strategies Fund NHS	154.14M	13.69%
Prospect Capital Corporation PSEC	2.19B	13.66%
Ault Alliance Inc 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock AULT.PRD	NA	13.62%
Western Asset High Income Fund II HIX	282.71M	13.52%
Aberdeen Asia-Pacific Income Fund FAX	636.58M	12.84%
Western Asset Global High Income Fund EHI	154.91M	12.31%
Advent Claymore Convertible Securities and Income Fund AVK	400.25M	12.16%
PIMCO Dynamic Income Opportunities Fundha PDO	1.47B	11.82%
PCM Fund Incorporated PCM	101.98M	11.31%
Abrdn Healthcare Opportunities Fund THQ	797.34M	11.20%
Invesco Van Kampen High Income Trust II VLT	67.71M	11.10%
Abrdn World Healthcare Fund THW	484.56M	11.05%
Prudential Global Short Duration High Yield Fund GHY	469.65M	10.98%
Calamos Long/Short Equity & Dynamic Income Trust CPZ	304.89M	10.82%
Gabelli Utility Trust GUT	411.97M	10.81%
Pennantpark Floating Rate Capital PFLT	708.10M	10.71%
PIMCO Corporate Income Fund PCN	688.24M	10.67%
Calamos Dynamic Convertible & Income Fund - Closed CCD	540.10M	10.61%
Calamos Convertible and High Income Fund CHY	830.66M	10.58%
Calamos Convertible Opportunities and Income Fund CHI	782.29M	10.34%
Western Asset Global Corporate Defined Opportunity Fund GDO	178.49M	10.25%
Graniteshares Hips US High Income Etf HIPS	71.82M	10.24%
Prudential Short Duration High Yield Fund ISD	414.87M	10.10%
BlackRock Credit Allocation Income Trust BTZ	943.49M	9.98%
Blackrock Capital Allocation Term Trustha BCAT	1.67B	9.90%
Western Asset High Yield Defined Opportunity Fund HYI	261.73M	9.87%
Guggenheim Build America Bonds Managed Duration Trust GBAB	375.38M	9.68%
BlackRock Corporate High Yield Fund VI HYT	1.38B	9.66%
Virtus Diversified Income & Convertible Fund Commo ACV	231.87M	9.66%
BlackRock Multi-Sector Income Trust BIT	581.35M	9.63%
BlackRock Limited Duration Income Trust BLW	482.82M	9.58%
Credit Suisse Asset Management Income Fund CIK	153.17M	9.36%
Virtus Artificial Intelligence & Technology Opport AIO	667.25M	9.26%
Cohen & Steers Closed-End Opportunity Fund FOF	313.20M	9.18%
Eaton Vance Enhanced Equity Income Fund EOI	712.95M	9.08%
DNP Select Income Fun DNP	3.14B	8.82%
Cohen & Steers Quality Income Realty Fund RQI	1.48B	8.74%
Reaves Utility Income Fund UTG	2.07B	8.70%
Cohen & Steers Tax-advantaged Preferred Securities PTA	1.02B	8.70%
Eagle Point Credit Company Inc 6.75% Series D Preferred Stock ECC.PRD	21.32M	8.65%
Cohen & Steers Total Return Realty Fund RFI	295.79M	8.62%
Pgim Short Duration High Yield Opportunities Fund SDHY	372.32M	8.59%
Alpine Total Dynamic Dividend Fund AOD	847.67M	8.58%
Carlyle Credit Income Fund 8.75% Series A Term Preferred Shares Due 2028 CCIA	NA	8.58%
Gabelli Global Utility & Income Trust GLU	16.95M	8.53%
ARMOUR Residential REIT 7.00% Series C Cumulative Redeemable Preferred Stock ARR.PRC	118.79M	8.52%
Alpine Global Dynamic Dividend Fund AGD	234.23M	8.28%
Cohen & Steers REIT and Preferred Income Fund RNP	944.47M	8.25%
Eagle Point Credit Company Inc 8.00% Series F Term Preferred Stock Due 2029 ECCF	51.11M	8.09%
Cohen & Steers Infrastructure Fund UTF	2.23B	8.04%
Gladstone Commercial Corp. 6.00% Series G Cumulative Redeemable Preferred Stock GOODO	75.20M	7.98%
Pyxis Tankers Inc 7.75% Series A Cumulative Convertible Preferred Shares PXSAP	10.33M	7.88%
Western Asset Premier Bond Fund WEA	126.96M	7.85%
Eagle Point Income Company Inc 7.75% Series B Term Preferred Stock Due 2028 EICB	NA	7.85%
Calamos Strategic Total Return Fund CSQ	2.45B	7.79%
Gladstone Land Corp. 6.00% Series B Cumulative Redeemable Preferred Stock LANDO	114.89M	7.78%
Gladstone Land Corp 6.00% Series C Cumulative Redeemable Preferred Stock LANDP	196.53M	7.75%
Gladstone Commercial Corp. 6.625% Series E Cumulative Redeemable Preferred Stock GOODN	59.20M	7.72%
BlackRock International Growth and Income Trust BGY	538.69M	7.67%
AllianceBernstein Global High Income Fund AWF	891.61M	7.60%
Oxford Lane Capital Corp 7.125% Term Preferred Stock OXLCN	56.82M	7.52%
BlackRock Global Opportunities Equity Trust BOE	630.87M	7.49%
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock Due 2031 ECCC	48.60M	7.26%
LTC Properties Inc. LTC	1.41B	7.00%
Synthetic Fixed-Income Sec STRATS 2006-02 Float Rate Goldman Sachs Group GJS	30.00M	6.90%
Synthetic Fixed-Income Sec STRATS 2006-03 Float Rate Allstate Corp. GJT	31.43M	6.88%
BlackRock Utility and Infrastructure Trust BUI	477.57M	6.82%
Gladstone Investment Corporation - Business Develo GAIN	520.61M	6.77%
Oxford Lane Capital Corp. 6.00% Cumulative Series 2029 Term Preferred Shares OXLCO	53.25M	6.76%
Oxford Lane Capital Corp. 6.75% Cumulative Series 2024 Term Preferred Shares OXLCM	68.22M	6.75%
Synthetic Fixed-Income Sec STRATS 2005-06 Float Rate Dominion Resources Inc. GJP	9.45M	6.71%
Oxford Lane Capital Corp. 6.25% Cumulative Series 2027 Term Preferred Shares OXLCP	81.72M	6.69%
BlackRock Health Sciences Trust BME	544.65M	6.54%
OFS Credit Company Inc. 6.125% Series C Term Preferred Stock Due 4/30/2026 OCCIO	19.27M	6.36%
AGREE REALTY CORPORATION Depositary Shares RPRSG 4.250% Series A Cumulative Redeemable Preferred Stock ADC.PRA	117.25M	6.34%
Synthetic Fixed-Income Sec STRATS 2006-01 Float Rate Procter & Gamble GJR	33.26M	6.13%
Popular Capital Trust II 6.125% Cumul Monthly Income Trust Preferred Securities BPOPM	131.04M	6.08%
Gabelli Dividend & Income Trust GDV	1.98B	6.00%
Synthetic Fixed-Income Sec STRATS 2005-04 Float Rate Wal-Mart Stores GJO	14.22M	5.99%
Main Street Capital Corporation MAIN	4.18B	5.86%
Realty Income Corp O	46.25B	5.74%
OFS Credit Company Inc 5.25% Series E Term Preferred Stock Due 2026 OCCIN	32.05M	5.73%
Eagle Point Income Company Inc 5.00% Series A Term Preferred Stock Due 2026 EICA	35.19M	5.41%
BlackRock Enhanced Government Fund EGF	36.01M	5.38%
Gladstone Land Corp 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026 LANDM	58.08M	5.20%
Gladstone Land Corp LAND	454.43M	4.41%
SP Funds Standard and Poors Global Reit Sharia Etf SPRE	99.14M	4.38%
STAG Industrial Inc STAG	6.27B	4.29%
Nuveen Select Tax-Free Income Portfolio NXP	654.48M	4.16%
US Global Investors Inc GROW	32.44M	3.35%
Global Water Resources Inc GWRS	294.70M	2.47%

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.