6 REITs That Pay Dividends Monthly

Real Estate Investment Trusts (REITs) have become popular among investors seeking steady income streams. These companies own, operate, or finance income-generating real estate and distribute a significant portion of their earnings as dividends to shareholders. While many REITs pay dividends quarterly, some offer monthly payouts, making them attractive options for income-focused investors. Here are six REITs known for their monthly dividend distributions:

1. Realty Income Corporation (O)
   Realty Income Corporation, often referred to as “The Monthly Dividend Company,” is one of the most renowned monthly dividend REITs. With a diversified portfolio of retail properties, Realty Income has consistently increased its dividend for several decades. Their portfolio includes well-known tenants, making it a stable choice for income investors.
2. EPR Properties (EPR)
   EPR Properties focuses on entertainment, recreation, and education-related real estate. They own properties like movie theaters, golf courses, and schools. Due to their stable revenue streams, EPR has maintained a monthly dividend distribution history.
3. Main Street Capital Corporation (MAIN)
   While not a traditional REIT, Main Street Capital Corporation operates similarly by providing customized debt and equity financing solutions to small and middle-market companies. Their monthly dividends are an attractive feature for investors, coupled with the potential for capital appreciation.
4. Shaw Communications Inc. (SJR)
   Shaw Communications is a Canadian company that operates in the communication sector, offering internet, television, and phone services. They converted into a REIT structure in 2021, and since then, they have been distributing monthly dividends.
5. Stag Industrial, Inc. (STAG)
   Stag Industrial focuses on single-tenant industrial properties in the United States. Their portfolio includes warehouses and distribution centers, providing essential services to various industries. The company distributes its dividends on a monthly basis.
6. Global Net Lease, Inc. (GNL)
   Global Net Lease owns a diversified portfolio of commercial properties leased to high-quality tenants worldwide. Their focus on long-term triple-net leases ensures a steady stream of rental income, supporting their monthly dividend payouts.

Remember to Conduct Due Diligence
While monthly dividend payments are appealing, investors should conduct thorough due diligence before investing in any REIT. Factors such as the company’s financial health, property portfolio, and dividend history should be carefully assessed to make informed investment decisions.

In Conclusion
Monthly dividend-paying REITs can be valuable additions to an income-focused investment portfolio. These companies offer investors a steady stream of passive income, making them particularly attractive in times of low-interest rates. Nevertheless, investors should weigh the risks and rewards of each investment and consider their own financial goals before making any investment decisions.