Monthly Dividend Stocks 2026
Monthly dividend stocks distribute income every month rather than the more common quarterly schedule. This makes them especially attractive for income investors, retirees, and anyone who wants their dividend income to align with monthly expenses.
Most monthly dividend payers are REITs (Real Estate Investment Trusts), BDCs (Business Development Companies), or closed-end funds. Companies like Realty Income (O), STAG Industrial (STAG), and Main Street Capital (MAIN) are among the most well-known monthly dividend payers.
While monthly payments offer cash flow convenience, the same due diligence applies — check payout ratios, earnings coverage, and the company's track record of maintaining or growing its dividend.
| # | Symbol | Company | Yield | Annual Div | Years | Growth 5Y | Payout | Market Cap | Sector | History |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | OCCI | OFS Credit Company, Inc. | 41.29% | $0.93 | 2 | 14.86% | N/A | $79M | Financial Services | History → |
| 2 | OXLC | Oxford Lane Capital Corp. | 40.40% | $3.60 | 4 | -2.88% | 87.80% | $870M | Financial Services | History → |
| 3 | OXSQ | Oxford Square Capital Corp. | 32.68% | $0.42 | 0 | -7.25% | 237.20% | $133M | Financial Services | History → |
| 4 | SPMC | Sound Point Meridian Capital Inc | 31.84% | $2.70 | 1 | N/A | N/A | $210M | Financial Services | History → |
| 5 | PDCC | Pearl Diver Credit Company Inc. | 26.76% | $2.28 | 1 | N/A | N/A | $82M | Financial Services | History → |
| 6 | ORC | Orchid Island Capital, Inc. | 25.83% | $1.32 | 0 | -18.28% | 176.00% | $887M | Real Estate | History → |
| 7 | PSEC | Prospect Capital Corporation | 24.75% | $0.50 | 0 | -5.59% | 132.50% | $1.00B | Financial Services | History → |
| 8 | EARN | Ellington Credit Company | 23.82% | $0.96 | 0 | -2.16% | N/A | $178M | Financial Services | History → |
| 9 | HRZN | Horizon Technology Finance Corporation | 23.62% | $1.09 | 0 | 1.10% | 260.30% | $232M | Financial Services | History → |
| 10 | GECC | Great Elm Capital Corp. | 23.21% | $1.17 | 1 | -6.21% | N/A | $64M | Financial Services | History → |
| 11 | ARR | ARMOUR Residential REIT, Inc. | 21.14% | $2.88 | 0 | -13.65% | 150.00% | $1.61B | Real Estate | History → |
| 12 | SCM | Stellus Capital Investment Corporation | 17.94% | $1.33 | 0 | 13.75% | N/A | $273M | Financial Services | History → |
| 13 | PFLT | PennantPark Floating Rate Capital Ltd. | 16.86% | $1.15 | 0 | 1.53% | 171.10% | $679M | Financial Services | History → |
| 14 | BRSP | BrightSpire Capital, Inc. | 16.84% | $0.64 | 0 | 16.36% | N/A | $517M | Real Estate | History → |
| 15 | AGNC | AGNC Investment Corp. | 16.35% | $1.44 | 0 | -1.59% | 113.40% | $10.86B | Real Estate | History → |
| 16 | DX | Dynex Capital, Inc. | 15.44% | $1.70 | 1 | 3.59% | 100.60% | $2.82B | Real Estate | History → |
| 17 | FSCO | FS Credit Opportunities Corp. | 13.50% | $0.69 | 3 | N/A | N/A | $1.03B | Financial Services | History → |
| 18 | EFC | Ellington Financial Inc. | 13.46% | $1.56 | 0 | 4.36% | 94.00% | $1.45B | Real Estate | History → |
| 19 | CPZ | Calamos Long/Short Equity & Dynamic Income Term Trust | 13.43% | $1.68 | 0 | 4.63% | N/A | $285M | Financial Services | History → |
| 20 | OCSL | Oaktree Specialty Lending Corporation | 12.35% | $1.47 | 0 | 6.82% | 256.20% | $1.05B | Financial Services | History → |
| 21 | CCD | Calamos Dynamic Convertible and Income Fund | 10.29% | $2.34 | 0 | 3.15% | 25.30% | $648M | Financial Services | History → |
| 22 | CHY | Calamos Convertible and High Income Fund | 10.24% | $1.20 | 0 | 3.30% | 25.70% | $941M | Financial Services | History → |
| 23 | PVL | Permianville Royalty Trust | 10.00% | $0.18 | 1 | -0.71% | N/A | $62M | Energy | History → |
| 24 | CHI | Calamos Convertible Opportunities and Income Fund | 9.85% | $1.14 | 0 | 3.50% | 26.10% | $934M | Financial Services | History → |
| 25 | GLAD | Gladstone Capital Corporation | 9.38% | $1.80 | 4 | 5.06% | 120.00% | $437M | Financial Services | History → |
Data as of October 4, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.