Top 5 Dividend Stocks That Pay Monthly

4. Stag Industrial Inc (NYSE:STAG)

REIT Stag Industrial Inc (NYSE:STAG), which owns a stable of industrial and single-tenant properties in the U.S, ranks fourth on our list, being owned by 19 hedge funds on September 30. Stag will make its next dividend payment on January 15, with the ex-dividend date being December 30.

STAG has fallen short of EPS estimates for seven straight quarters, widely missing the mark in many cases, though the company has been able to maintain its monthly dividend payments throughout that period. Don’t expect much in the way of dividend growth however, as STAG’s dividend has been raised by just 6.7% over the past six years.