Monthly dividend stocks are gaining traction for retirement income, offering payouts alongside regular expenses. While some monthly payers yield little, this report identifies five high-yield options averaging 10.6% annually, capable of generating substantial income. Featured are Healthpeak Properties (DOC), a healthcare REIT with improving prospects and a recent joint venture, though its yield is now moderate. Itau Unibanco (ITUB), a Brazilian bank, pays monthly but its primary dividend is annual, limiting consistent income. Gladstone Investment (GAIN), a BDC, offers a solid monthly dividend with potential for supplemental payouts and strong operational performance. PennantPark Floating Rate Capital (PFLT), another BDC, provides floating-rate loans and trades at a significant NAV discount despite a recent dividend adjustment. Lastly, Invesco Mortgage Capital (IVR), an mREIT, boasts an 18% yield, though its dividends have historically been unstable, recently shifting to monthly payments.
Brett Owens is the Founder at his own venture, where he focuses on finance and personal finance topics, including investment strategies, real estate investment, and wealth management. With a keen interest in the intersection of technology and finance, he also covers areas such as trading and legal affairs. Brett's insights have been featured in notable publications including JD Supra, Forbes, and MarketBeat.















