In this article, we will take a look at the 10 Monthly Dividend Stocks To Buy and Hold Forever.

Geopolitical tensions have been driving sharp moves in the market, and Jefferies is advising investors to stay focused on companies with strong fundamentals and dependable dividends.

The past few weeks have not been stable. The Iran war triggered a broad selloff, and then news of a ceasefire pushed stocks higher. From March 2, the first trading day after the initial Middle East strikes, through March 30, when the S&P 500 reached its low for the year, the index fell nearly 8%. Since then, sentiment has improved, as peace talks and the ceasefire helped lift the market, and by last week, the index had recovered those losses.

In this kind of environment, Jefferies is pointing investors toward what it calls “income darlings.” These are companies that return capital on a consistent basis through dividends and share buybacks. The investment firm made the following remark:

“Global markets remain volatile amid geopolitical changes and fluctuations in expected government, monetary policy and economic outcomes. We maintain the view that prudent portfolios include an element of ballast.”

Given this, we will take a look at some of the best dividend stocks that offer monthly dividends.

Our Methodology:

For this list, we screened for companies that offer monthly dividends to shareholders. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These companies are also popular among elite funds and analysts.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

10. PennantPark Floating Rate Capital Ltd. (NYSE:PFLT)

Number of Hedge Fund Holders: 7

PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) is a business development company (BDC) that focuses on investing in middle-market companies. There are risks tied to this part of the market. Even so, the company’s management team has done a strong job of managing those risks and keeping things balanced.

What stands out is in the name itself: “floating rate.” Around 99% of its $2.33 billion loan portfolio carries variable interest rates. The Federal Reserve’s move toward lowering rates has put some pressure on PennantPark’s weighted-average yield on debt securities. At the same time, the oil price shock following the Iran war could push the central bank to shift its monetary policy. If that happens, PennantPark’s loan portfolio is positioned to benefit.

Management has also focused on protecting invested capital. As of December 31, 2025, only 0.5% of the portfolio at cost was on non-accrual, meaning those investments were not making payments. The company has also spread its $2.61 billion investment portfolio across 160 companies, including common and preferred stock positions. This limits reliance on any single investment and reduces the risk of one position having an outsized impact.

In addition, nearly all of PennantPark Floating Rate Capital Ltd. (NYSE:PFLT)’s $2.33 billion in loans, except for $20.1 million, is in first-lien secured debt. First-lien secured debtholders are first in line for repayment if a borrower files for bankruptcy protection.

9. Gladstone Commercial Corporation (NASDAQ:GOOD)

Number of Hedge Fund Holders: 12

Gladstone Commercial Corporation (NASDAQ:GOOD) is a diversified real estate investment trust (REIT) that owns net-leased office and industrial properties across the US. It focuses on secondary markets, where it can earn higher investment yields. That approach helped the company generate stable income for years. Still, its streak of more than 200 consecutive months of either raising or maintaining its payout came to an end in 2023, when it made a 20% cut.

The main issue was underperforming office properties. The company is still working through its portfolio and trying to offload assets that are not delivering. There is still a chance of another dividend cut. At the same time, management appears to have steadied the business and shifted back into growth mode. The focus has moved toward industrial properties, which remain in higher demand. The company is keeping well-tenanted office properties for the long term and selling those it does not expect to perform.

As a result, industrial properties now make up 69% of base rents. The share of office properties continues to decline. There has also been a leadership change. Founder David Gladstone stepped down as CEO, though he remains chairman. Buzz Cooper, the longtime President and a member of the company since its founding, has taken over as CEO. The transition may have seemed sudden, but Gladstone Commercial Corporation (NASDAQ:GOOD) is no longer a new company, and Cooper’s long history with the company offers some continuity for investors.