5 Best Stocks That Pay Monthly Dividends

4. SL Green Realty Corp. (NYSE:SLG)

Number of Hedge Fund Holders: 22

SL Green Realty Corp. (NYSE:SLG) primarily focuses on the acquisition, ownership, management, and development of commercial real estate properties, particularly in the New York City metropolitan area. The REIT offers a monthly dividend of $0.2708 per share for a dividend yield of 10.18%, as recorded on October 19. It is one of the best dividend stocks on our list as the company has been paying regular dividends to shareholders for the past 25 years.

With a total stake value of roughly $154 million, 22 hedge funds in Insider Monkey’s database owned positions in SL Green Realty Corp. (NYSE:SLG) at the end of Q2 2023. In the previous quarter, 21 hedge funds held stakes in the company.

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