5 Stocks That Pay Dividends Monthly

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

Number of Hedge Fund Holders: 21
Dividend Yield as of June 19: 12.23%

SL Green Realty Corp. (NYSE:SLG) invests in office buildings, shopping centers, and other commercial properties in New York City. The real estate investment trust company currently offers a monthly dividend of $0.2708 per share and has a dividend yield of 12.23%, as of June 19. The company has been regular dividends to shareholders for the past 25 years, which makes it one of the best dividend stocks on our list.

In April, BMO Capital gave a positive outlook of SL Green Realty Corp. (NYSE:SLG) and appreciated its performance. The firm lifted its price target on the stock to $32 with a Neutral rating on the shares.

At the end of March 31, 21 hedge funds owned stakes in SL Green Realty Corp. (NYSE:SLG), up from 20 in the previous quarter, according to Insider Monkey’s database. These stakes have a collective value of nearly $112 million.

Follow Sl Green Realty Corp (NYSE:SLG)