5 Best Stocks That Pay Monthly Dividends

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

Number of Hedge Fund Holders: 21
Dividend Yield: 5.13%

SL Green Realty Corp. (NYSE: SLG) is an S&P 500 company and is also the largest office REIT in Manhattan. The company is a fully integrated REIT, that acquires, manages, and maximizes the value of Manhattan commercial properties. It ranks 3rd on our list of the best stocks that pay monthly dividends.

Deutsche Bank holds a raised price target of $77, compared to the previous target of $66, on shares of SL Green Realty Corp. (NYSE: SLG) as of this June. The firm also has a Hold rating on the shares.

According to our data, 21 hedge funds out of the 873 tracked by Insider Monkey held stakes in SL Green Realty Corp. (NYSE: SLG) worth roughly $144 million in the second quarter of 2021.