5 Of My Favorite Monthly Paying REITs

Oct. 05, 2024 7:00 AM ET, , , , 76 Comments
(22min)

Summary

  • Monthly dividends can be enticing, but quality and sustainability of the dividend are crucial. Avoid "sucker yields" by analyzing fundamentals.
  • Agree Realty is a high-quality REIT with consistent dividend growth, but its current valuation makes it a Hold.
  • STAG Industrial offers a higher yield and trades at a discount, making it a Buy despite modest dividend growth.
  • Realty Income is a reliable monthly dividend payer with strong fundamentals and a defensive profile, rated a Buy.

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According to Sure Dividend, there are 77 U.S. stocks that pay monthly dividends with yields as high as 18%.

I don’t know about you, but I prefer the quality of the dividend over the quantity of distributions (monthly vs. quarterly).

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This article was written by

119.52K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of IRET, ADC, STAG, O, VICI, MAA, IRM, LADR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Related Stocks

SymbolLast Price% Chg
ADC--
Agree Realty Corporation
STAG--
STAG Industrial, Inc.
O--
Realty Income Corporation
LTC--
LTC Properties, Inc.
WSR--
Whitestone REIT

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