High Yield Monthly Dividend Paying Stocks

Symbol	Mkt Cap	Yield
ComSovereign Holding Corp. 9.25% Series A Cumulative Preferred Stock COMSP	NA	107.55%
Soluna Holdings Inc 9.0% Series A Cumulative Perpetual Preferred Stock SLNHP	2.70M	60.00%
Harbor Custom Development Inc 8.0% Series A Cumulative Convertible Prfd Stock HCDIP	7.01M	33.18%
Esports Entertainment Group Inc. 10% Series A Cumul Convertible Preferred StockEsports Entertainment Group Inc. 10% Series A Cumul Convertible Preferred Stock GMBLP	3.81M	20.17%
cbdMD Inc. 8.0% Series A Cumulative Convertible Preferred Stock YCBD.PRA	2.08M	19.19%
Applied UV Inc. 10.5% Series A Cumulative Perpetual Preferred Stock AUVIP	7.97M	15.80%
Aberdeen Global Income Fund FCO	65.00M	15.08%
Brookfield Real Assets Income Fund Inc RA	904.37M	13.65%
FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock FATBP	10.76M	13.47%
Guggenheim Strategic Opportunities Fund GOF	794.07M	13.20%
PIMCO Dynamic Income Fund PDI	4.63B	12.89%
Fortress Biotech 9.375% Series A Cumulative Perpetual Preferred Shares FBIOP	66.32M	12.09%
Chicken Soup for the Soul Entertainment 9.75% Series A Cumul Perp Red Prfd Stk CSSEP	77.22M	11.67%
Presidio Property Trust 9.375% Series D Cumulative Redeemable Preferred Stock SQFTP	14.33M	11.45%
Advent Claymore Convertible Securities and Income Fund AVK	433.81M	11.22%
PCM Fund Incorporated PCM	102.87M	10.87%
CBRE Clarion Global Real Estate Income Fund IGR	785.82M	10.68%
Western Asset High Income Fund II HIX	360.05M	10.61%
Invesco Van Kampen High Income Trust II VLT	70.89M	10.60%
Virtus Artificial Intelligence & Technology Opport AIO	595.47M	10.38%
Calamos Dynamic Convertible & Income Fund CCD	561.17M	10.21%
BlackRock Corporate High Yield Fund VI HYT	1.13B	10.11%
PIMCO Corporate Income Fund PCN	545.07M	10.07%
Credit Suisse Asset Management Income Fund CIK	141.32M	10.00%
Graniteshares Hips US High Income Etf HIPS	66.25M	9.93%
BlackRock Multi-Sector Income Trust BIT	563.18M	9.92%
CareCloud Inc CCLDP	125.43M	9.91%
Virtus Diversified Income & Convertible Fund Commo ACV	229.33M	9.76%
Tekla World Healthcare Fund THW	546.28M	9.61%
Prospect Capital Corporation PSEC	3.00B	9.54%
Cohen & Steers Closed-End Opportunity Fund FOF	310.90M	9.19%
BlackRock Credit Allocation Income Trust BTZ	1.05B	9.00%
John Hancock Premium Dividend Fund PDT	650.33M	8.84%
Guggenheim Build America Bonds Managed Duration Trust GBAB	345.69M	8.76%
Highland Income Fund HFRO	719.93M	8.73%
BlackRock Limited Duration Income Trust BLW	487.10M	8.63%
Calamos Strategic Total Return Fund CSQ	2.21B	8.61%
Eaton Vance Enhanced Equity Income Fund EOI	618.17M	8.36%
Alpine Total Dynamic Dividend Fund AOD	880.77M	8.26%
Pyxis Tankers Inc 7.75% Series A Cumulative Convertible Preferred Shares PXSAP	3.35M	8.16%
Eagle Point Credit Company Inc 6.75% Series D Preferred Stock ECC.PRD	22.71M	8.10%
Gabelli Global Utility & Income Trust GLU	79.80M	8.09%
ARMOUR Residential REIT 7.00% Series C Cumulative Redeemable Preferred Stock ARR.PRC	125.90M	8.03%
Gabelli Utility Trust GUT	416.72M	7.84%
Oxford Lane Capital Corp 7.125% Term Preferred Stock OXLCN	55.06M	7.76%
Alpine Global Dynamic Dividend Fund AGD	126.88M	7.72%
Reaves Utility Income Fund UTG	1.66B	7.64%
Eagle Point Credit Company Inc. 6.50% Series C Term Preferred Stock Due 2031 ECCC	46.52M	7.43%
Cohen & Steers Quality Income Realty Fund RQI	1.77B	7.30%
Cohen & Steers Infrastructure Fund UTF	2.44B	7.27%
Cohen & Steers REIT and Preferred Income Fund RNP	1.07B	7.23%
Cohen & Steers Total Return Realty Fund RFI	355.07M	7.12%
Gladstone Commercial Corp. 6.625% Series E Cumulative Redeemable Preferred Stock GOODN	64.83M	7.05%
Gladstone Investment Corporation - Business Develo GAIN	453.99M	7.03%
Gladstone Commercial Corp. 6.00% Series G Cumulative Redeemable Preferred Stock GOODO	85.92M	6.98%
Oxford Lane Capital Corp. 6.00% Cumulative Series 2029 Term Preferred Shares OXLCO	51.86M	6.94%
Tekla Healthcare Opportunies Fund THQ	806.03M	6.93%
Main Street Capital Corporation MAIN	3.06B	6.82%
Oxford Lane Capital Corp. 6.25% Cumulative Series 2027 Term Preferred Shares OXLCP	80.59M	6.79%
Oxford Lane Capital Corp. 6.75% Cumulative Series 2024 Term Preferred Shares OXLCM	68.07M	6.77%
DNP Select Income Fun DNP	4.15B	6.67%
BlackRock Utility and Infrastructure Trust BUI	434.88M	6.52%
OFS Credit Company Inc. 6.125% Series C Term Preferred Stock Due 4/30/2026 OCCIO	19.00M	6.45%
Gladstone Land Corp. 6.00% Series B Cumulative Redeemable Preferred Stock LANDO	141.22M	6.33%
Synthetic Fixed-Income Sec STRATS 2006-02 Float Rate Goldman Sachs Group GJS	27.86M	6.23%
Virtus Convertible & Income 2024 Target Term Fund CBH	164.01M	6.15%
Popular Capital Trust II 6.125% Cumul Monthly Income Trust Preferred Securities BPOPM	129.74M	6.14%
Synthetic Fixed-Income Sec STRATS 2006-03 Float Rate Allstate Corp. GJT	29.93M	6.07%
Gabelli Dividend & Income Trust GDV	1.97B	6.06%
Synthetic Fixed-Income Sec STRATS 2005-06 Float Rate Dominion Resources Inc. GJP	8.98M	6.03%
LTC Properties Inc. LTC	1.54B	5.99%
BlackRock Health Sciences Trust BME	568.82M	5.92%
AGREE REALTY CORPORATION Depositary Shares RPRSG 4.250% Series A Cumulative Redeemable Preferred Stock ADC.PRA	128.45M	5.79%
OFS Credit Company Inc 5.25% Series E Term Preferred Stock Due 2026 OCCIN	NA	5.71%
Synthetic Fixed-Income Sec STRATS 2005-04 Float Rate Wal-Mart Stores GJO	13.35M	5.52%
Synthetic Fixed-Income Sec STRATS 2006-01 Float Rate Procter & Gamble GJR	31.68M	5.44%
Eagle Point Income Company Inc 5.00% Series A Term Preferred Stock Due 2026 EICA	35.44M	5.37%
Gladstone Land Corp 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026 LANDM	58.20M	5.19%
BlackRock Enhanced Government Fund EGF	47.49M	4.91%
Realty Income Corp O	42.83B	4.37%
STAG Industrial Inc STAG	6.42B	4.11%
Nuveen Select Tax-Free Income Portfolio NXP	241.04M	4.00%
US Global Investors Inc GROW	43.40M	2.88%
Gladstone Land Corp LAND	673.95M	2.84%
Global Water Resources Inc GWRS	340.33M	2.09%

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.