5 Monthly Dividend Stocks with Over 5% Yield

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

5. Dynex Capital, Inc. (NYSE:DX)

Dividend Yield as of May 12: 12.59%

Dynex Capital, Inc. (NYSE:DX) is a Virginia-based real estate investment trust company that invests in mortgage-backed securities and other real estate assets. On May 10, the company declared a monthly dividend of $0.13 per share, which remained consistent with its previous dividend. The stock has a dividend yield of 12.59%, as of May 12.

At the end of December 2023, 6 hedge funds tracked by Insider Monkey held stakes in Dynex Capital, Inc. (NYSE:DX), compared with 10 in the previous quarter. These stakes are worth over $19.3 million in total.