**Unlock a Stream of Predictable Income with These 3 Monthly Dividend Payers**
Investing in dividend stocks can be a lucrative strategy for generating passive income. While many companies distribute dividends on a quarterly basis, a select few offer monthly payouts, providing investors with a more consistent income stream. Realty Income, EPR Properties, and Gladstone Land are three attractive options for those seeking reliable, recurring income.
Realty Income, aptly nicknamed “The Monthly Dividend Company,” boasts an impressive track record of 651 consecutive monthly dividend payments. With a 30-year history of dividend growth, this real estate investment trust (REIT) currently yields around 5%, significantly outpacing the S&P 500’s yield. Realty Income’s diversified portfolio, spanning retail, industrial, gaming, and other properties, positions it for continued growth, with a substantial $5.4 trillion addressable market in the U.S. and $8.5 trillion in Europe.
EPR Properties, a REIT focused on experiential real estate, such as movie theaters and entertainment venues, offers a compelling 7% dividend yield. The company’s long-term net leases provide a stable source of income, enabling it to maintain its monthly dividend payments. EPR Properties is poised for growth, with plans to invest $200 million to $300 million in its portfolio this year and commitments to fund future projects totaling $180 million.
Gladstone Land, a farmland REIT, yields over 4% and has increased its dividend in 35 of the last 38 quarters. To ensure the sustainability of its monthly dividend, the company is undergoing a strategic review of its permanent crop portfolio, aiming to optimize its farm holdings and rental income. This proactive approach positions Gladstone Land for continued dividend growth.
These three REITs offer investors a reliable source of passive income, with a strong potential for future dividend growth. By incorporating them into your portfolio, you can create a steady income stream that rises over time, providing a predictable foundation for your investments.
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