5 Best Monthly Dividend Stocks in 2021

In this article we discuss the 5 best monthly dividend stocks for 2021. If you want to read the complete list of these stocks, go directly to 10 Best Monthly Dividend Stocks in 2021.

5. Gladstone Investment Corporation (NASDAQ: GAIN)

Gladstone Investment Corporation (NASDAQ: GAIN) is a Virginia-based closed-end management investment firm. It operates by investing in debt security of established firms so that it can provide stable earnings and cash flow for expenses, interest payments on outstanding debt and distributions to stockholders. It has a market cap of more than $445 million and posted more than $61 million in revenue in March 2020. The firm has a dividend yield of 6.25% It has a four-year average dividend yield of 8.47%. 

At the end of the fourth quarter of 2020, 5 hedge funds out of 887 in the Insider Monkey database held stakes in General Electric, up from 3 out of 817 in Q3 2020. The total value of the shares held by these hedge funds in Q4 2020 was over $2.5 million, up from $1.9 million in the preceding quarter. Out of the hedge funds being tracked by Insider Monkey, Two Sigma Advisors held the most shares – 134,442 – worth more than $1.3 million. DE Shaw was 2nd with 48,733 shares worth almost 0.5 million.