100 CEFs and Stocks That Pay Monthly Dividends

Many stock market investors are looking for high dividend stocks that provide them with a monthly retirement income. Other investors are looking for monthly dividend stocks for their retirement plans so that their money compounds faster. This list contains closed end funds [CEFs], Canadian royalty trusts, timber income trusts, real estate investment trusts, oil income trusts, and other income trusts. What is most unusual about this list is that after doing all the research to find all the monthly dividend stocks, the list came out to exactly 100 stocks. The list shows the name of the stock, the stock market symbol, and the yield:

1. Aberdeen Asia-Pacific Income Fund Inc. (FAX) 6.6%

2. Advantage Energy Income Fund (AAV) 15%

3. AEW Real Estate Income Fund (RIF) 6.1%

4. AIM Select Real Estate Income Fund (RRE) 6.5%

5. AmREIT (AMY) 6.1%

6. Baytex Energy (BTE) 11.2%

7. BlackRock California Insured Municipal Income Trust (BCK) 4.7%

8. BlackRock California Municipal Income Trust II (BCL) 5.1%

9. BlackRock California Municipal Income Trust (BFZ) 5.4%

10. BlackRock Florida Insured Municipal Income Trust (BAF)

11. BlackRock Florida Municipal Income Trust (BBF) 5.4%

12. BlackRock Global Floating Rate Income Trust (BGT) 7.9%

13. BlackRock Income Opportunity Trust, Inc. (BNA) 6.2%

14. BlackRock Income Trust, Inc. (BKT) 6.1%

15. BlackRock Insured Municipal Income Trust (BYM) 4.9%

16. BlackRock Municipal Income Trust (BFK) 5.8%

17. BlackRock Municipal Income Trust II (BLE) 5.7%
18. BlackRock New Jersey Municipal Income Trust (BNJ) 5.2%

19. BlackRock New York Insured Municipal Income Trust (BSE) 4.7%

20. BlackRock New York Municipal Income Trust (BNY) 5.3%

21. BlackRock New York Municipal Income Trust II (BFY) 4.8%

22. BlackRock Limited Duration Income Trust (BLW) 7.8%
23. Canetic Resources (CNE) 19%
24. Colonial High Income Municipal Trust (CXE) 5.4%
25. Colonial Intermarket Income Trust 1 (CMK) 6.4%
26. Colonial Municipal Income Trust (CMU) 5.5%
27. Cross Timbers Royalty Trust (CRT) 13.4%
28. Eaton Vance California Municipal Income Trust (CEV) 4.5%
29. Eaton Vance Floating-Rate Income Trust (EFT) 9.0%
30. Eaton Vance Florida Municipal Income Trust (FEV) 4.7%
31. Eaton Vance Massachusetts Municipal Income Trust (MMV) 4.3%
32. Eaton Vance Michigan Municipal Income Trust (EMI) 4.7%
33. Eaton Vance Municipal Income Trust (EVN) 5.0%
34. Eaton Vance New Jersey Municipal Income Trust (EVJ) 4.5%
35. Eaton Vance New York Municipal Income Trust (EVY) 4.7%
36. Eaton Vance Ohio Municipal Income Trust (EVO) 4.7%
37. Eaton Vance Pennsylvania Municipal Income Trust (EVP) 4.8%
38. Eaton Vance Senior Income Trust (EVF) 8.0%
39. Enterra Energy Trust (ENT) 16.6%
40. Enerplus Resources Fund (ERF) 10.0%
41. Franklin Templeton Ltd. Duration Income Trust (FTF) 7.5%
42. Gabelli Dividend & Income Trust (GDV) 6.0%
43. Gabelli Gold,Natural Resources & Income Trust (GGN) 7.0%
44. Gabelli Global Utility & Income Trust (GLU) 5.8%
45. Harvest Energy Trust (HTE) 17.1%
46. Hugoton Royalty Trust (HGT) 5.8%
47. ING Clarion Global Real Estate Income Fund (IGR) 6.0%
48. ING Clarion Real Estate Income Fund (IIA) 7.0%
49. Inland Real Estate Corp. (IRC) 5.0%
50. Lehman Brothers First Trust Income Opportunity Fund (LBC) 8.8%
51. Mesa Royalty Trust (MTR) 2.3%
52. MFS Charter Income Trust (MCR) 5.5%
53. MFS Government Markets Income Trust (MGF) 5.3%
54. MFS Intermediate Income Trust (MIN) 5.2%
55. MFS Multimarket Income Trust (MMT) 5.9%
56. MFS Municipal Income Trust (MFM) 5.5%
57. Morgan Stanley California Insured Municipal Income Trust (IIC) 5.1%
58. Morgan Stanley Government Income Trust (GVT) 4.4%
59. Morgan Stanley Insured Municipal Income Trust (IIM) 5.8%
60. Morgan Stanley Municipal Income Opportunities Trust II (OIB) 5.5%
61. Morgan Stanley Municipal Income Opportunities Trust III (OIC) 5.4%
62. Morgan Stanley Municipal Income Opportunities Trust (OIA) 5.7%
63. Morgan Stanley Municipal Premium Income Trust (PIA) 6.9%
64. Morgan Stanley Quality Municipal Income Trust (IQI) 6.7%
65. Neuberger Berman Real Estate Income Fund Inc. (NRL) 4.7%
66. Neuberger Berman Real Estate Securities Income Fund (NRO) 6.4%
67. Nuveen Real Estate Income Fund (JRS) 7.4%
68. Pengrowth Energy Trust (PGH) 13.3%
69. Penn West Energy Trust (PWE) 10.2%
70. Permian Basin Royalty Trust (PBT) 6.8%
71. Pioneer High Income Trust (PHT) 8.8%
72. Pioneer Municipal High Income Advantage Trust (MAV) 5.4%
73. Pioneer Muncipal High Income Trust (MHI) 5.2%
74. Precision Drilling (PDS) 14.8%
75. PrimeWest Energy Trust (PWI) 12.0%
76. Provident Energy Trust (PVX) 11.5%
77. Putnam Managed Municipal Income Trust (PMM) 5.3%
78. Putnam Master Intermediate Income Trust (PIM) 5.6%
79. Putnam Premier Income Trust (PPT) 5.6%
80. RMR Hospitality and Real Estate Fund (RHR) 6.3%
81. RMR Real Estate Fund (RMR) 6.8%
82. Real Estate Income Fund Inc. (RIT) 5.7%
83. Realty Income Corp. (O) 5.5%
84. Sabine Royalty Trust (SBR) 10.2%
85. San Juan Basin Royalty Trust (SJT) 6.5%
86. Scudder High Income Trust (KHI) 8.6%
87. Scudder Multi-Market Income Trust (KMM) 7.1%
88. Scudder Municipal Income Trust (KTF) 4.4%
89. Scudder Strategic Income Trust (KST) 7.0%
90. Scudder Strategic Municipal Income Trust (KSM) 5.4%
91. Scudder RREEF Real Estate Fund II, Inc. (SRO) 6.2%
92. Scudder RREEF Real Estate Fund Inc. (SRQ) 6.0%
93. Strategic Global Income Fund Inc. (SGL) 7.9%
94. United Dominion 8.5 (UDM) 8.0%
95. Van Kampen Advantage Municipal Income Trust II (VKI) 5.0%
96. Van Kampen California Value Municipal Income Trust (VCV) 5.0%
97. Van Kampen High Income Trust II (VLT) 8.3%
98. Van Kampen Income Trust (VIN) 6.4%
99. Van Kampen Massachusetts Value Municipal Income Trust (VMV) 4.7%
100. Van Kampen Senior Income Trust (VVR) 8.8%

Full disclosure: I own four of the above stocks/funds.

Comments

[Eugene Falk]

Please include HIX and PHK to the list. I own them both. Gene

[Earl Heinz]

please add jpz jsn ebi bif igd egf csp eoi eos leo ehi hio aof nai jpg avk jqc pfo fcm bdj jla awf bwc efr eoe agd

[stocker blog]

Thanks for you list of additional monthly payers. I will add them to the updated list I am working on.

[Dennis Baran]

Please add PGP. Thanks.

Denny

[wingibbons]

It would have been nice to rank these by yield. In general, an alphabetical listing is not nearly as useful.

[stocker blog]

Good idea. I'm working on a new list, and the next one I'll list from highest to lowest yield. As long as everyone remembers, highest yield does not indicate highest quality; many times it's the reverse.

[kelishadi]

your site is exelant

[Lissa Tucker]

Good info, thanks -

[TerryCampbell]

I would like to see a separation on American synbols as Canada takes 15 percent off the top.

[stocker blog]

Good suggestion. I just updated the list on my blog ( stockerblog.blogspot.c... ) with additional stocks and added a Canada tag for the Canada stocks.

[JohnSchieffer]

Your list has left out a bunch of high dividend shipping stocks such as:FRO, VLCCF, SFL, EGLE, DSX, GMR, KSP, NAT to name a few.

[stocker blog]

None of the stocks you listed pay their dividends monthly. This list only has monthly dividend payers.

[stocker blog]

After reading your comment, I decided that I should write about shipping stocks since you are right, that is a high yield sector. You can find my article here:
stockerblog.blogspot.c...
and it will probably appear in SeekingAlpha shortly.

[Eugene Falk]

Please add RHY, RMA, RMH, and RSF to the list. Gene

[stocker blog]

Good suggestions. Thanks for providing them. I have also found a few more and I'm in the process of updating my list and should have it ready by the end of the month

[AmesTiedeman]

PGH and PVX look very good. So does HTE and PWE. One would suggest that PBT has simply run too far too fast...