5 Monthly Dividend Stocks With Over 5% Yield

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In this article, we discuss the 5 monthly dividend stocks with over 5% yield. If you want our detailed analysis of these stocks, go directly to the 10 Monthly Dividend Stocks With Over 5% Yield

5. Prospect Capital Corporation (NASDAQ:PSEC)

Number of Hedge Fund Holders: 11

Dividend Yield: 8.60%

Prospect Capital Corporation (NASDAQ: PSEC) is a financial services company, specializing in middle-market privately held companies, senior and secured loans, syndicated loans, and high yield bonds. Prospect Capital Corporation (NASDAQ: PSEC) primarily lends to private companies who need capital for acquisitions, divestitures, growth, development, and recapitalizations. Prospect Capital Corporation (NASDAQ: PSEC) is one of the top monthly dividend stocks to invest in.  

At the end of June, 11 hedge funds in Insider Monkey’s database were long Prospect Capital Corporation (NASDAQ: PSEC), up from 7 in Q1. Prospect Capital Corporation (NASDAQ: PSEC) reported net interest income for Q2 on August 24, beating estimates by $0.02 at $0.19. 

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