The Federal Reserve recently raised interest rates for the first time since 2018. While rising rates are good news for income investors, the Fed's planned incremental 0.25% hikes mean interest rates will likely remain historically low for at least several more quarters. In the meantime, income investors waiting for higher rates on bonds and savings can invest in high-yielding dividend stocks as a source of regular income. Most high-yield stocks pay quarterly dividends or distributions, but these monthly dividend stocks have at least 5% yields and make payments about once every four weeks.
Pembina Pipeline Corp. (PBA)
AGNC Investment Corp. (AGNC)
Prospect Capital Corp. (PSEC)
Main Street Capital Corp. (MAIN)
LTC Properties Inc. (LTC)
Broadmark Realty Capital Inc. (BRMK)
Ellington Financial Inc. (EFC)
EPR Properties (EPR)
Pembina Pipeline Corp. (PBA)
AGNC Investment Corp. (AGNC)
Prospect Capital Corp. (PSEC)
Main Street Capital Corp. (MAIN)
LTC Properties Inc. (LTC)
Broadmark Realty Capital Inc. (BRMK)
Ellington Financial Inc. (EFC)
EPR Properties (EPR)