5 Monthly Dividend Stocks with Over 5% Yield

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In this article, we discuss 5 monthly dividend stocks with over 5% yield. If you want to read our detailed analysis of dividend stocks and their performance in the past, go directly to read 12 Monthly Dividend Stocks with Over 5% Yield

5. PennantPark Floating Rate Capital Ltd. (NYSE:PFLT)

Dividend Yield as of November 15: 10.95%

An American business development company, PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) is next on our list of the best dividend stocks with high dividend yields. The company has been paying uninterrupted dividends to shareholders since 2016 and it currently pays a monthly dividend of $0.1025 per share. The stock’s dividend yield on November 15 came in at 10.95%.

At the end of Q2 2023, 9 hedge funds tracked by Insider Monkey owned investments in PennantPark Floating Rate Capital Ltd. (NYSE:PFLT), growing from 4 in the previous quarter. These stakes have a collective value of roughly $40 million. Among these hedge funds, Two Sigma Advisors was the company’s leading stakeholder in Q2.

Follow Pennantpark Floating Rate Capital Ltd. (NASDAQ:PFLT)

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