5 Best Monthly Dividend Stocks in 2021

2. Realty Income Corporation (NYSE: O)

Realty Income Corporation (NYSE: O) is a California-based real estate investment trust engaged in house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting. It has a market cap of over $24 billion and posted more than $1.6 billion in revenue in December 2020. It is a top rated monthly dividend stock with a yield of 4.29%. The three year dividend growth for the trust stands at an impressive 10.41%. It has a payout ratio of 83.56%. Realty Income is ranked second on our list of 10 best monthly dividend stocks for 2021. 

At the end of the fourth quarter of 2020, 24 hedge funds out of 887 in the Insider Monkey database held stakes in General Electric, the same as in Q3 2020. The total value of the shares held by these hedge funds in Q4 2020 was over $238 million, down from $290 million in the preceding quarter. Out of the hedge funds being tracked by Insider Monkey, Two Sigma Advisors held the most shares – 987,364 – worth more than $61 million. Millennium Management was 2nd with 840,957 shares worth almost $52 million.