27 monthly dividend stocks and ETFs to watch

Are stock dividends paid monthly?

Stock dividends are most commonly paid on a quarterly basis (every 3 months) to shareholders, four times per year. However, some companies choose to pay these on a monthly or even annual basis. A company's board of directors usually approves the dividend, and then announces when the dividend will be paid, the amount of the dividend, and the ex-dividend date.

Investors can either reinvest dividend payments back into their portfolio or collect the payments as income. In particular, investors who use the latter option may be more partial to companies that pay a monthly dividend, as this will supply them with a consistent form of income (provided that the company remains profitable).

Many real estate investment trusts (REITs) are known for paying dividends on a monthly basis. This may be because they are required to distribute at least 90% of their taxable income to shareholders annually.

List of monthly dividend stocks