5 Best Monthly Dividend Stocks To Buy Right Now

4. STAG Industrial, Inc. (NYSE:STAG)

Number of Hedge Fund Holders: 18

STAG Industrial, Inc. (NYSE:STAG), a Boston-based real estate investment trust company, has been making regular dividend payments to shareholders since 2011. It currently offers a monthly dividend of $0.1233 per share, having raised it by 0.7% in January this year. With a dividend yield of 3.99% as of April 14, STAG is one of the best dividend stocks that pay monthly dividends.

STAG Industrial, Inc. (NYSE:STAG) was included in 18 hedge fund portfolios at the end of Q4 2023, down from 20 in the preceding quarter, according to Insider Monkey’s database. The consolidated value of these stakes is nearly $160 million.

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