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13 Cheap Monthly Dividend Stocks to Buy

In this article, we discuss 13 cheap monthly dividend stocks to buy. You can skip our detailed analysis of dividend stocks and their previous performance, and go directly to read 5 Cheap Monthly Dividend Stocks to Buy

According to a Wisdom Tree report, dividends have increased by an average of 5.7% annually since 1957—over 2% higher than inflation. Professor Jeremy Siegel calls these stocks “Super TIPS” because they offer protection against inflation in the long run, along with real growth. This held true during high-inflation periods like the ’70s and ’80s, where inflation averaged over 6%, and also during low-inflation periods, like the last three decades. The report also mentioned that dividends tend to be steadier compared to stock prices. Over the past 64 years, dividends decreased in merely six years, and and saw a drop of more than 5% during a single year. However, during the same time frame, stock prices experienced declines in 18 years. The most significant decrease in a calendar year was over 40%, and the average decline amounted to more than 11%.

US companies have aimed to keep their dividends stable, considering what investors prefer. In the third quarter of 2023, most big U.S. companies that pay dividends either increased their payouts or kept them the same, which led to a 4.5% rise in the cash they distributed. This outpaced the global trend, as per a recent Janus Henderson report. However, the report also mentioned that the growth rate of U.S. dividends has been slowing down for eight quarters in a row due to concerns about the economy after the Federal Reserve aimed to control inflation by raising interest rates. Despite this, the U.S. is on track to set a record for total dividend payouts in 2023, having already paid out $146.6 billion just in the third quarter.

AbbVie Inc. (NYSE:ABBV), Target Corporation (NYSE:TGT), and Kimberly-Clark Corporation (NYSE:KMB) are notable for being strong dividend stocks that pay dividends to shareholders every quarter. They’re among the many companies that follow this quarterly dividend payout schedule. However, it’s worth noting that while these companies pay dividends on a quarterly basis, there are plenty of other stocks in the market that offer a different schedule, paying dividends monthly instead of every three months. This diverse range of dividend payment frequencies provides investors with options to choose based on their preferences and investment strategies. In this article, we will have a look at some of the best dividend stocks that pay monthly dividends to shareholders.

Pixabay/Public Domain

Our Methodology:

We made this list by focusing on stocks that pay monthly dividends and have a trailing twelve-month (TTM) price-to-earnings (P/E) ratio below 25. Since a lot of companies that offer monthly dividends are in the real estate investment trust (REIT) sector, most of the stocks on our list are from this particular industry. The stocks are ranked in ascending order of P/E ratios.

13. Stellus Capital Investment Corporation (NYSE:SCM)

P/E Ratio (TTM): 24.33

Stellus Capital Investment Corporation (NYSE:SCM) is an American business development company that primarily focuses on providing financing solutions to middle-market companies. The company offers a monthly dividend of $0.1333 per share and has a dividend yield of 12.16%, as of November 17. It has been paying regular dividends to shareholders since 2012, which makes it one of the best dividend stocks on our list.

In addition to AbbVie Inc. (NYSE:ABBV), Target Corporation (NYSE:TGT), and Kimberly-Clark Corporation (NYSE:KMB), investors can also add SCM to their dividend portfolios because of the company’s monthly payouts.

As of the close of Q2 2023, 4 hedge funds tracked by Insider Monkey reported having stakes in Stellus Capital Investment Corporation (NYSE:SCM), up from 3 in the previous quarter. The consolidated value of these stakes is more than $11.2 million.

12. EPR Properties (NYSE:EPR)

P/E Ratio (TTM): 23.51

EPR Properties (NYSE:EPR) is a Missouri-based real estate investment trust company that specializes in owning, acquiring, and managing properties in sectors such as entertainment, recreation, and education. The company was a part of 19 hedge fund portfolios at the end of Q2 2023, which remained the same from the previous quarter. The stakes owned by these funds have a collective value of over $208 million.

EPR Properties (NYSE:EPR) is one of the best dividend stocks on our list as the company has been making uninterrupted dividend payments to shareholders since 1997. The company pays a monthly dividend of $0.275 per share and has a dividend yield of 7.27%, as of November 17.

11. Apple Hospitality REIT, Inc. (NYSE:APLE)

P/E Ratio (TTM): 23.84

Apple Hospitality REIT, Inc. (NYSE:APLE) is a real estate investment trust company that focuses on acquiring and owning a portfolio of upscale select-service hotels across the US. On October 19, the company declared a monthly dividend of $0.08 per share, which was in line with its previous dividend. The stock has a dividend yield of 5.84%, as of November 17.

As of the close of Q2 2023, 17 hedge funds in Insider Monkey’s database owned stakes in Apple Hospitality REIT, Inc. (NYSE:APLE), down from 18 in the previous quarter. The consolidated value of these stakes is over $62.6 million. With roughly 1.6 million shares, Millennium Management was the company’s leading stakeholder in Q2.

10. AGNC Investment Corp. (NASDAQ:AGNC)

P/E Ratio (TTM): 18.08

AGNC Investment Corp. (NASDAQ:AGNC) operates as a real estate investment trust company that invests in residential mortgage-backed securities. The company finances these investments by borrowing money at short-term interest rates and investing in higher-yielding mortgage securities, thereby aiming to earn a profit on the interest rate spread.

AGNC Investment Corp. (NASDAQ:AGNC) initiated its dividend policy in 2008 and has paid regular dividends to shareholders since then, which makes AGNC one of the best dividend stocks on our list. Its monthly dividend currently comes in at $0.12 per share and has a dividend yield of 16.59%, as of November 17.

At the end of June 2023, 18 hedge funds in Insider Monkey’s database owned stakes in AGNC Investment Corp. (NASDAQ:AGNC), compared with 24 in the previous quarter. These stakes are collectively valued at over $102.4 million.

9. LTC Properties, Inc. (NYSE:LTC)

P/E Ratio (TTM): 17.09

LTC Properties, Inc. (NYSE:LTC) invests in senior housing and healthcare properties in the US. These properties are leased or mortgaged to healthcare operators, including both regional and national healthcare companies. On October 2, the company declared a monthly dividend of $0.19 per share, which was consistent with its previous dividend. It is one of the best dividend stocks on our list as the company has been making regular dividend payments to shareholders for the past 31 years. As of November 17, the stock has a dividend yield of 6.99%.

According to Insider Monkey’s database of Q2 2023, 8 hedge funds owned stakes in LTC Properties, Inc. (NYSE:LTC), down from 10 in the previous quarter. These stakes have a total value of over $7.4 million. Among these hedge funds, Marshall Wace LLP was the company’s leading stakeholder in Q2.

8. Ellington Residential Mortgage REIT (NYSE:EARN)

P/E Ratio (TTM): 17.06

An American real estate investment trust company, Ellington Residential Mortgage REIT (NYSE:EARN) is next on our list of the best dividend stocks. On November 7, the company announced a monthly dividend of $0.08 per share, which fell in line with its previous dividend. The stock has a dividend yield of 16.08%, as of November 17.

As of the end of Q2 2023, 6 hedge funds in Insider Monkey’s database owned stakes in Ellington Residential Mortgage REIT (NYSE:EARN), the same as in the previous quarter. These stakes have a consolidated value of over $3 million.

7. Whitestone REIT (NYSE:WSR)

P/E Ratio (TTM): 14.60

Whitestone REIT (NYSE:WSR) is a Texas-based real estate investment trust company that focuses on owning, operating, and leasing commercial properties in culturally rich neighborhoods, primarily in markets within the US. The company has an 11-year run of paying regular dividends to shareholders and currently pays a monthly dividend of $0.04 per share. The stock’s dividend yield on November 17 came in at 4.38%.

As of the end of Q2 2023, 10 hedge funds in Insider Monkey’s database reported having stakes in Whitestone REIT (NYSE:WSR), down from 12 in the previous quarter. The overall value of these stakes is more than $20 million.

6. U.S. Global Investors, Inc. (NASDAQ:GROW)

P/E Ratio (TTM): 13.14

U.S. Global Investors, Inc. (NASDAQ:GROW) is an investment management firm that focuses on providing investment advisory services, primarily to institutional and individual investors. The firm also offers advisory services to clients seeking guidance on investment strategies, portfolio management, and asset allocation based on their financial goals and risk tolerance.

U.S. Global Investors, Inc. (NASDAQ:GROW), one of the best dividend stocks, pays a monthly dividend of $0.0075 per share. The stock has a dividend yield of 3.26%, as of November 17.

The number of hedge funds tracked by Insider Monkey owning stakes in U.S. Global Investors, Inc. (NASDAQ:GROW) stood at 5 in Q2 2023, which remained unchanged from its previous dividend. The collective value of these stakes is roughly $2 million. Royce & Associates was the largest stakeholder of the company in the second quarter.

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Disclosure. None. 13 Cheap Monthly Dividend Stocks to Buy is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

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Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

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