Up to date on March thirty first, 2025 by Bob Ciura
Month-to-month dividend shares have immediate attraction for a lot of revenue buyers. Shares that pay their dividends every month supply extra frequent payouts than conventional quarterly or semi-annual dividend payers.
Because of this, we created a full record of ~80 month-to-month dividend shares.
You possibly can obtain our full Excel spreadsheet of all month-to-month dividend shares (together with metrics that matter like dividend yield and payout ratio) by clicking on the hyperlink under:
As well as, shares which have excessive dividend yields are additionally enticing for revenue buyers.
With the typical S&P 500 yield hovering round 1.3%, buyers can generate way more revenue with high-yield shares. Screening for month-to-month dividend shares that even have excessive dividend yields makes for an interesting mixture.
This text will record the 20 highest-yielding month-to-month dividend shares.
Desk Of Contents
The next 20 month-to-month dividend shares have excessive dividend yields above 5%. Shares are listed by their dividend yields, from lowest to highest.
The record excludes oil and fuel royalty belief, which have excessive fluctuations of their dividend payouts from one quarter to the following as a result of underlying volatility of commodity costs.
You possibly can immediately bounce to a person part of the article by using the hyperlinks under:
Excessive-Yield Month-to-month Dividend Inventory #20: Gladstone Capital (GLAD)
Gladstone Capital is a enterprise improvement firm, or BDC, that primarily invests in small and medium companies. These investments are made through quite a lot of fairness (10% of portfolio) and debt devices (90% of portfolio), usually with very excessive yields.
Mortgage measurement is often within the $7 million to $30 million vary and has phrases as much as seven years.
Gladstone posted first quarter earnings on February twelfth, 2025, and outcomes have been weaker than anticipated. Earnings-per-share got here to 50 cents, effectively in need of the estimate for 65 cents.
Whole funding revenue, which is akin to income, was down $1.8 million, or 7.4%, year-over-year. In comparison with the September quarter, whole funding revenue fell by $2.1 million.
The online improve in web property ensuing from operations was $27 million, or $1.21 per share. This was decrease than the $31.8 million, or $1.46 per share, achieve within the September quarter.
Gladstone famous $152 million in new fundings for the quarter, together with six new portfolio corporations. Exits and prepayments have been $165 million, so web new funding was -$13 million. Whole debt investments rose by $45 million in the course of the quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on GLAD (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #19: SmartCentres Actual Property Funding Belief (CWYUF)
SmartCentres Actual Property Funding Belief is a Canadian actual property funding belief largely centered on retail properties. CWYUF stays Walmart’s solely actual property improvement accomplice on the planet.
As of December thirty first, 2024, the corporate owned 195 properties spanning 35.3 million sq. ft all through inhabitants facilities in Canada. CWYUF has roughly 85 million sq. ft of projected mixed-used improvement initiatives in its pipeline, which make up about 14% of whole property. That is a number of instances bigger than the peer common of 4.2%.
CWYUF’s typical tenants are giant (95%+ of tenants are nationwide or regional) and supply customers with important companies. These embody the likes of Walmart (23.2% of annualized hire) and Canadian grocery store chains Loblaws and Sobeys (2.8% and a pair of.1% of annualized hire, respectively).
Different financially wholesome tenants embody the likes of off-price division retailer retailer TJX Corporations (4.4% of annualized hire) and shopper electronics retailer Greatest Purchase (1.4% of annualized hire).
CWYUF’s concentrate on well-established tenants interprets right into a 98.7% dedicated occupancy charge, which is above the peer common of 97.3%.
On February twelfth, the REIT shared its monetary outcomes for the fourth quarter ended December thirty first, 2024. CWYUF’s income grew by 7.3% year-over-year to $167.7 million (adjusted for common CAD to USD conversion charges in This fall 2023 and This fall 2024).
Robust occupancy, increased lease charges, and modest progress in whole properties contributed to those outcomes. The corporate’s AFFO per unit edged 0.6% increased over the year-ago interval to $0.35.
Click on right here to obtain our most up-to-date Positive Evaluation report on CWYUF (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #18: Modiv Industrial (MDV)
Modiv Industrial acquires, owns, and actively manages single-tenant net-lease industrial, retail, and workplace properties in the USA, specializing in strategically important and mission-critical properties with predominantly investment-grade tenants.
As of its most up-to-date filings, the corporate’s portfolio comprised 43 properties that occupied 4.5 million sq. ft of mixture leasable space.
On March 4th, 2025, Modiv reported its This fall and full-year outcomes for the interval ending December thirty first, 2024. For the quarter, rental revenue got here in at $11.7 million, down 4.8% year-over-year.
This was primarily as a result of elimination of some non-NNN tenant reimbursements associated to the August 2023 portfolio disposition of 13 properties.
Administration payment revenue additionally fell from $99 thousand to $66 thousand. Thus, whole revenue was $11.7 million, down 5.3% from $12.4 million final 12 months.
AFFO was $4.1 million, or $0.37 per diluted share, down from AFFO of $4.5 million, or $0.40 per diluted share final 12 months.
For the 12 months, AFFO per share was $1.34. For FY2025, we anticipate AFFO per share of $1.38 primarily based on the corporate’s present leasing profile.
Click on right here to obtain our most up-to-date Positive Evaluation report on MDV (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #17: Apple Hospitality REIT (APLE)
Apple Hospitality REIT is a lodge REIT that owns a portfolio of inns with tens of 1000’s of rooms situated throughout dozens of states.
It franchises its properties out to main manufacturers, together with Marriott-branded inns, Hilton-branded inns, and Hyatt-branded inns.
Supply: Investor Presentation
Because it first started reporting FFO/share in its annual studies (2011), Apple initially generated very spectacular annualized FFO/share progress due to its rising scale (due largely to a merger in 2015), efficient and environment friendly enterprise mannequin, and robust financial tailwinds in the USA throughout that interval.
Sometimes, throughout a recessionary interval, lodge REITs expertise important losses of revenue. Subsequently, Apple is probably going not very recession resistant.
Nonetheless, its focus in sturdy model names, wonderful areas, sturdy stability sheet, franchising mannequin, and emphasis on worth ought to allow it to outperform its friends in a recession.
Click on right here to obtain our most up-to-date Positive Evaluation report on APLE (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #16: Financial institution Bradesco (BBD)
Banco Bradesco affords numerous banking merchandise and monetary companies to people, firms, and companies in Brazil and internationally.
The corporate’s two principal segments are banking and insurance coverage, together with checking and financial savings accounts, demand deposits, and time deposits, in addition to accident and property insurance coverage merchandise, and funding merchandise. The corporate generates round $34 billion in whole curiosity revenue and is headquartered in Osasco, Brazil.
On February sixth, 2025, Banco Bradesco launched its FY2024 outcomes for the interval ending December thirty first, 2024. For the 12 months, the banking section’s web curiosity revenue reached roughly $13.1 billion, a 2.3% decline year-over-year in USD phrases.
The decline was primarily pushed by decrease shopper NII, which continues to mirror a shift within the credit score combine towards traces with decrease spreads, regardless of the advantage of elevated collateralization and secured mortgage progress.
Administration highlighted that though market NII dropped sharply, improved credit score high quality and margin on deposits contributed to stability. Revenue from insurance coverage operations improved, with working revenue rising to $3.9 billion, up 7.5% year-over-year.
The insurance coverage section posted a recurring web revenue of $1.8 billion, practically flat in comparison with 2023, supported by improved claims ratios and stronger monetary revenue.
Click on right here to obtain our most up-to-date Positive Evaluation report on BBD (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #16: Gladstone Business (GOOD)
Gladstone Business Company is an actual property funding belief, or REIT, that makes a speciality of single-tenant and anchored multi-tenant web leased industrial and workplace properties throughout the U.S.
The belief targets major and secondary markets that possess favorable financial progress tendencies, rising populations, sturdy employment, and sturdy progress tendencies.
The belief’s acknowledged objective is to pay shareholders month-to-month distributions, which it has completed for greater than 17 consecutive years. Gladstone owns over 100 properties in 24 states which might be leased to about 100 distinctive tenants.
Gladstone posted fourth quarter and full-year earnings on February 18th, 2025, and outcomes have been considerably weak. Funds-from-operations per share got here to 35 cents, which met expectations. Income was $37.4 million, which missed estimates by $0.66 million. The slight transfer up in income was pushed by increased straight-line rents.
Identical-store rents have been up 5% year-over-year, which was supported by elevated straight-line hire charges and restoration income. Working bills have been all the way down to $25 million from $28.1 million a 12 months in the past, partially because of lowered impairment fees.
Click on right here to obtain our most up-to-date Positive Evaluation report on GOOD (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #14: KEG Royalties Revenue Fund (KRIUF)
The Keg Royalties Revenue Fund is a publicly traded revenue belief that earns income through a 4% royalty on the product sales of Keg Steakhouse & Bar eating places included in its Royalty Pool, fairly than working eating places itself.
As of the tip of final 12 months, the Fund’s Royalty Pool comprised 105 Keg areas throughout Canada and the U.S., producing $719.5 million in gross sales.
The Fund’s sole goal is to supply secure, tax-efficient month-to-month money distributions to its unit holders, supported by the enduring power of The Keg model.
Concerning the restaurant, operated by Keg Eating places Ltd., The Keg holds a robust market place within the full-service eating class, dedicated to upholding excessive requirements of meals high quality and visitor expertise.
On March sixth, 2025, The Keg Royalties Revenue Fund reported its 2024 outcomes for the 12 months ended December thirty first, 2024.
For the interval, the 105 Keg eating places within the Royalty Pool generated roughly $496.5 million in gross sales, reflecting a 3.0% decline from the prior 12 months.
This drop was primarily as a result of absence of a 53rd working week that had boosted 2023 figures, alongside a modest 0.7% lower in same-store gross sales.
Click on right here to obtain our most up-to-date Positive Evaluation report on KRIUF (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #13: Agency Capital Property Belief (FRMUF)
Agency Capital Property Belief is a Canadian REIT that owns and co-owns a diversified portfolio of income-producing actual property throughout three core segments: industrial, multi-residential/manufactured residence communities (MHCs), and grocery anchored and service-based retail.
The Belief emphasizes capital preservation and disciplined investing, usually partnering with institutional-grade operators by joint ventures.
As of its newest report, its portfolio has over 4.3 million sq. ft of economic area, alongside practically 600 condo models and over 500 MHC websites, with properties situated in key markets throughout Ontario, Quebec, Alberta, and the Maritimes.
The portfolio is extensively diversified by geography and tenant base, with a robust concentrate on necessity-driven makes use of and excessive occupancy throughout asset courses.
On November seventh, 2024, Agency Capital Property Belief launched its monetary outcomes for the quarter ended September thirtieth, 2024. Rental income for the quarter totaled $11.02 million, pushed by sturdy occupancy throughout its diversified portfolio of commercial, residential, and retail properties.
General portfolio occupancy was nonetheless excessive, with residential and manufactured residence communities working close to or at full capability, and retail and industrial property sustaining strong leasing ranges.
Internet working revenue (NOI) got here in at $7.17 million, reflecting the Belief’s disciplined working price administration and regular rental efficiency. Funds from Operations (FFO) for Q3 have been $3.53 million, or $0.095 per unit.
Click on right here to obtain our most up-to-date Positive Evaluation report on FRMUF (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #12: Itau Unibanco (ITUB)
Itaú Unibanco Holding S.A. is headquartered in Sao Paulo, Brazil. The financial institution has operations throughout South America and different locations like the USA, Portugal, Switzerland, China, Japan, and many others.
On February sixth, 2025, Itaú Unibanco reported fourth-quarter and full 12 months outcomes for 2024. The corporate reported recurring managerial consequence reached R$10.9 billion, up 2.0% from the earlier quarter, with a 22.1% return on fairness.
The mortgage portfolio grew 6.3% total and 5.8% in Brazil, pushed by mortgage (+5.6%), car financing (+1.8%), and bank card loans (+6.8%).
Small and medium-sized enterprise loans rose 8.1% because of overseas change results and authorities backed financing. Company lending elevated 6.8%.
Larger lending and an improved liabilities margin led to a 3.7% rise within the monetary margin with shoppers, whereas credit score prices rose 4.8%. Nonperforming loans over 90 days (NPL 90) improved to 2.4%, with related features in short-term delinquency charges.
Click on right here to obtain our most up-to-date Positive Evaluation report on ITUB (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #11: Fortitude Gold (FTCO)
Fortitude Gold is a junior gold producer with operations in Nevada, U.S.A, one of many world’s premier mining pleasant jurisdictions. The corporate targets high-grade gold open pit heap leach operations averaging one gram per tonne of gold or larger.
Its property portfolio at the moment consists of 100% possession in six high-grade gold properties. All six properties are inside an approximate 30-mile radius of each other inside the prolific Walker Lane Mineral Belt.
Supply: Investor Presentation
On February twenty fifth, 2025, Fortitude Gold launched its full-year 2024 outcomes for the interval ending December thirty first, 2024. For the 12 months, revenues got here in at $37.3 million, representing a 49% decline in comparison with 2023.
The lower in income was largely because of a 58% drop in gold gross sales quantity and a 22% lower in silver gross sales quantity. These declines have been partially offset by a 22% improve in gold costs and an 18% improve in silver costs.
Transferring to the underside line, the corporate reported a mine gross revenue of $18.3 million in comparison with $41.2 million the earlier 12 months, reflecting the decrease web gross sales.
Fortitude recorded a web lack of $2.0 million versus a web revenue of $17.0 million in 2023. On a per-share foundation, the corporate posted a web lack of $0.08 in comparison with web revenue of $0.71 per share within the prior 12 months.
Click on right here to obtain our most up-to-date Positive Evaluation report on FTCO (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #10: PennantPark Floating Fee Capital (PFLT)
PennantPark Floating Fee Capital Ltd. is a enterprise improvement firm that seeks to make secondary direct, debt, fairness, and mortgage investments.
The fund additionally goals to speculate by floating charge loans in personal or thinly traded or small market-cap, public center market corporations, fairness securities, most well-liked inventory, widespread inventory, warrants or choices acquired in reference to debt investments or by direct investments.
PennantPark Floating Fee Capital (PFLT) reported its Q1 2025 outcomes on February 11, 2025, highlighting secure monetary efficiency and continued funding exercise.
For the quarter ended December 31, the corporate posted GAAP web funding revenue of $0.37 per share and core web funding revenue of $0.33 per share.
PFLT’s portfolio grew 11% from the earlier quarter to $2.2 billion, pushed by $607 million in investments throughout 11 new and 58 current portfolio corporations at a weighted common yield of 10.3%.
Click on right here to obtain our most up-to-date Positive Evaluation report on PFLT (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #9: Stellus Capital (SCM)
Stellus Capital Administration offers capital options to corporations with $5 million to $50 million of EBITDA and does so with quite a lot of devices, nearly all of that are debt.
Stellus offers first lien, second lien, mezzanine, convertible debt, and fairness investments to a various group of consumers, usually at excessive yields, within the US and Canada.
Stellus posted fourth quarter and full-year earnings on March 4th, 2025, and outcomes have been about as anticipated. The corporate noticed funding revenue whole $25.6 million, which was off from $28 million a 12 months in the past. That is largely curiosity revenue from the corporate’s portfolio, and is akin to income.
Gross working bills have been $16 million, higher than the $16.4 million a 12 months in the past. Internet funding revenue was $9.6 million, or 35 cents per share, in This fall. A 12 months in the past, these have been $11.9 million, and 49 cents per share, respectively. Shares excellent damage NII per-share as they rose from 24.1 million to greater than 27 million.
For the fourth quarter, the corporate’s funding portfolio had a web change in unrealized depreciation of -$6.9 million, down sharply from web appreciation of $27 million a 12 months in the past. Internet realized features have been $6 million this quarter, a lot better than the $30.5 million loss a 12 months in the past.
Click on right here to obtain our most up-to-date Positive Evaluation report on Stellus (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #8: Ellington Monetary (EFC)
Ellington Monetary Inc. acquires and manages mortgage, shopper, company, and different associated monetary property within the United States.
The corporate acquires and manages residential mortgage–backed securities (RMBS) backed by prime jumbo, Alt–A, manufactured housing, and subprime residential mortgage loans.
Moreover, it manages RMBS, for which the U.S. authorities ensures the principal and curiosity funds. It additionally offers collateralized mortgage obligations, mortgage–associated and non–mortgage–associated derivatives, fairness investments in mortgage originators and different strategic investments.
You possibly can see a snapshot of Ellington’s funding portfolio within the picture under:
Supply: Investor Presentation
On February twenty seventh, 2025, Ellington Monetary reported its This fall outcomes for the interval ending December thirty first, 2024. As with earlier quarters, the corporate reported solely revenue, not revenues. Gross curiosity revenue totaled $108.0 million, a notable improve from Q3, pushed by increased contribution from Longbridge and enlargement in a number of credit score verticals.
Adjusted EPS (or “Adjusted Distributable Earnings per share”) got here in at $0.45, up 5 cents sequentially. The rise was led by sturdy originations and securitization-related features at Longbridge, which continues to be a significant earnings engine.
The Company technique remained a drag on efficiency, reporting a web lack of $0.04 per share, as hedging features couldn’t totally offset RMBS losses within the rising charge setting.
Click on right here to obtain our most up-to-date Positive Evaluation report on Ellington Monetary (EFC) (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #7: Prospect Capital (PSEC)
Prospect Capital Company is a Enterprise Growth Firm, or BDC, that gives personal debt and personal fairness to center–market corporations within the U.S.
The corporate focuses on direct lending to proprietor–operated corporations, in addition to sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional fairness investments.
Supply: Investor Presentation
Prospect posted second quarter earnings on February tenth, 2025, and outcomes have been considerably weak. Internet funding revenue per-share acme to twenty cents, whereas whole funding revenue fell from $211 million to $185 million year-over-year.
NII per-share fell from 21 cents in Q1, and 24 cents from the year-ago interval. Whole curiosity revenue was $169 million for the quarter, down from $185 million within the prior quarter, and $195 million a 12 months in the past. It additionally missed estimates by about $2 million.
Whole originations have been $135 million, down sharply from $291 million within the earlier quarter. Whole funds and gross sales have been $383 million, up from $282 million in Q1.
Click on right here to obtain our most up-to-date Positive Evaluation report on PSEC (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #6: Horizon Know-how (HRZN)
Horizon Know-how Finance Corp. is a BDC that gives enterprise capital to small and medium–sized corporations within the expertise, life sciences, and healthcare–IT sectors.
The corporate has generated enticing danger–adjusted returns by instantly originated senior secured loans and extra capital appreciation by warrants.
Supply: Investor Presentation
On March 4th, 2025, Horizon launched its This fall and full-year outcomes for the interval ending December thirty first, 2024. For the quarter, whole funding revenue fell 16.7% year-over-year to $23.5 million, primarily because of decrease curiosity revenue on investments from the debt funding portfolio.
Extra particularly, the corporate’s dollar-weighted annualized yield on common debt investments in This fall of 2024 and This fall of 2023 was 14.9% and 16.8%, respectively.
Internet funding revenue per share (IIS) fell to $0.27, down from $0.45 in comparison with This fall-2023. Internet asset worth (NAV) per share landed at $8.43, down from $9.06 sequentially.
Click on right here to obtain our most up-to-date Positive Evaluation report on HRZN (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #5: AGNC Funding Company (AGNC)
American Capital Company Corp is a mortgage actual property funding belief that invests primarily in company mortgage–backed securities (or MBS) on a leveraged foundation.
The agency’s asset portfolio is comprised of residential mortgage go–by securities, collateralized mortgage obligations (or CMO), and non–company MBS. Many of those are assured by authorities–sponsored enterprises.
Within the fourth quarter of 2024, AGNC Funding Corp. reported a complete loss per widespread share of $0.99, a reversal from the great revenue of $0.93 per share recorded within the earlier quarter.
Regardless of this, the corporate achieved a optimistic financial return of 13.2% for the total 12 months, pushed by its constant month-to-month dividend totaling $1.44 per widespread share.
The corporate’s web unfold and greenback roll revenue, excluding catch-up premium amortization, was $0.65 per widespread share for the quarter, down from $0.67 per share within the prior quarter.
AGNC’s tangible web e book worth per widespread share stood at $9.08 as of December 31, 2024, reflecting a lower from $9.84 on the finish of the third quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on AGNC Funding Corp (AGNC) (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #4: Dynex Capital (DX)
Dynex Capital invests in mortgage–backed securities (MBS) on a leveraged foundation in the USA. It invests in company and non–company MBS consisting of residential MBS, industrial MBS (CMBS), and CMBS curiosity–solely securities.
Supply: Investor Presentation
Dynex Capital launched its fourth-quarter 2024 monetary outcomes, with e book worth ending the quarter at $12.70 per share and an financial return of seven.4% for the 12 months.
Leverage elevated barely to 7.9x as the corporate deployed capital into higher-yielding company RMBS, notably 30-year 4.5%, 5%, and 5.5% coupons.
The shift from treasury futures to rate of interest swaps was a key technique, enhancing portfolio returns by 200 to 300 foundation factors and enhancing web curiosity unfold.
Click on right here to obtain our most up-to-date Positive Evaluation report on DX (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #3: Ellington Credit score Co. (EARN)
Ellington Credit score Co. acquires, invests in, and manages residential mortgage and actual property associated property. Ellington focuses totally on residential mortgage-backed securities, particularly these backed by a U.S. Authorities company or U.S. authorities–sponsored enterprise.
Company MBS are created and backed by authorities companies or enterprises, whereas non-agency MBS are not assured by the federal government.
On March twelfth, 2025, Ellington Residential reported its fourth quarter outcomes for the interval ending December 31, 2024. The corporate generated a web lack of $(2.0) million, or $(0.07) per share.
Ellington achieved adjusted distributable earnings of $7.8 million within the quarter, resulting in adjusted earnings of $0.27 per share, which coated the dividend paid within the interval.
Ellington’s web curiosity margin was 5.07% total. At quarter finish, Ellington had $31.8 million of money and money equivalents, and $79 million of different unencumbered property.
Click on right here to obtain our most up-to-date Positive Evaluation report on EARN (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #2: ARMOUR Residential REIT (ARR)
ARMOUR Residential invests in residential mortgage-backed securities that embody U.S. Authorities-sponsored entities (GSE) reminiscent of Fannie Mae and Freddie Mac.
It additionally contains Ginnie Mae, the Authorities Nationwide Mortgage Administration’s issued or assured securities backed by fixed-rate, hybrid adjustable-rate, and adjustable-rate residence loans.
Unsecured notes and bonds issued by the GSE and the US Treasury, cash market devices, and non-GSE or authorities agency-backed securities are examples of different varieties of investments.
Within the fourth quarter of 2024, ARMOUR Residential REIT, Inc. reported a GAAP web lack of $49.4 million, or $0.83 per widespread share. Regardless of this, the corporate achieved distributable earnings of $46.5 million, equating to $0.78 per widespread share, which fell in need of the anticipated $0.97. Internet curiosity revenue for the quarter was $12.7 million.
Throughout this era, ARMOUR raised roughly $136.2 million by the issuance of about 7.2 million shares through an on the market providing program. The corporate maintained its month-to-month widespread inventory dividend at $0.24 per share, totaling $0.72 for the quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on ARMOUR Residential REIT Inc (ARR) (preview of web page 1 of three proven under):
Excessive-Yield Month-to-month Dividend Inventory #1: Orchid Island Capital (ORC)
Orchid Island Capital is a mortgage REIT that’s externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), together with pass-through and structured company RMBSs.
These monetary devices generate money stream primarily based on residential loans reminiscent of mortgages, subprime, and home-equity loans.
Within the fourth quarter of 2024, Orchid Island Capital, Inc. reported a web revenue of $0.07 per share, a lower from $0.24 per share within the earlier quarter. The corporate’s e book worth declined from $8.40 on the finish of the third quarter to $8.09 at year-end.
As of December 31, 2024, Orchid Island Capital’s portfolio consisted of roughly $4.2 billion in residential mortgage-backed securities (RMBS), with a web weighted common coupon of three.5%. The corporate’s leverage ratio stood at 8.1 instances, reflecting its technique of using leverage to boost returns.
Click on right here to obtain our most up-to-date Positive Evaluation report on Orchid Island Capital, Inc. (ORC) (preview of web page 1 of three proven under):
Last Ideas
Month-to-month dividend shares could possibly be extra interesting to revenue buyers than quarterly or semi-annual dividend shares. It’s because month-to-month dividend shares make 12 dividend funds per 12 months, as an alternative of the standard 4 or 2.
Moreover, month-to-month dividend shares with excessive yields above 5% are much more enticing for revenue buyers.
The 20 shares on this record haven’t been vetted for dividend security, that means every investor ought to perceive the distinctive danger elements of every firm.
That mentioned, these 20 dividend shares make month-to-month funds to shareholders, and all have excessive dividend yields.
Additional Studying
If you’re all for discovering high-quality dividend progress shares and/or different high-yield securities and revenue securities, the next Positive Dividend assets might be helpful:
Month-to-month Dividend Inventory Particular person Safety Analysis
Different Positive Dividend Assets
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