5 Best Stocks That Pay Monthly Dividends in 2024

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In this article, we discuss 5 best stocks that pay monthly dividends in 2024. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 11 Best Stocks That Pay Monthly Dividends in 2024

5. Apple Hospitality REIT, Inc. (NYSE:APLE)

Number of Hedge Fund Holders: 15

An American real estate investment trust company, Apple Hospitality REIT, Inc. (NYSE:APLE) focuses on acquiring, owning, and managing upscale select-service hotels across the country. The company pays a monthly dividend of $0.08 per share and has a dividend yield of 5.91%, as of February 23. It has a 9-year run of paying regular dividends to shareholders, which makes APLE one of the best dividend stocks on our list.

Apple Hospitality REIT, Inc. (NYSE:APLE) ended the fourth quarter with 15 hedge fund positions, up from 10 in the previous quarter, as per Insider Monkey’s database. The stakes held by these hedge funds have a consolidated value of roughly $182 million.

Follow Apple Hospitality Reit Inc. (NYSE:APLE)

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