Up to date on July twenty second, 2025 by Bob Ciura
Month-to-month dividend shares might be a pretty funding choice for these in search of steady earnings. That’s as a result of month-to-month dividend shares present a predictable and constant stream of money move.
Month-to-month dividends enable buyers to obtain extra frequent funds than shares which pay quarterly or semi-annual dividend payouts.
Because of this, month-to-month dividend shares may help to cowl dwelling bills, or complement different sources of earnings.
There are over 80 month-to-month dividend shares that at the moment supply a month-to-month dividend cost.
You may obtain our full Excel spreadsheet of all month-to-month dividend shares (together with metrics that matter, like dividend yield and payout ratio) by clicking on the hyperlink beneath:
Nonetheless, not all month-to-month dividend shares are equally protected. There are various examples of month-to-month dividend shares lowering or eliminating their dividends.
General, regardless of the optimistic attributes hooked up to month-to-month dividend shares, their danger profile might be elevated as they try to keep up their extra frequent payouts.
On this article, we now have analyzed the ten month-to-month dividend shares from our Positive Evaluation Analysis Database with the most secure dividends primarily based on our Dividend Threat Rating score system.
The ten most secure month-to-month dividend shares beneath have been organized so as, primarily based on their Dividend Threat Scores. If there’s a tie, their rating is set by their payout ratio, with the bottom payout ratio incomes the next place.
Desk of Contents
Most secure Month-to-month Dividend Inventory #10: Realty Earnings (O)
Realty Earnings is a retail actual property centered REIT that owns retail properties that aren’t a part of a wider retail growth (similar to a mall), however as a substitute are standalone properties.
Which means the properties are viable for a lot of completely different tenants, together with authorities companies, healthcare companies, and leisure.
Realty Earnings’s diversified portfolio contains 15,627 industrial properties throughout eight nations, with 79.9% in retail, 14.4% in industrial, 3.2% in gaming, and a pair of.5% in different sectors.
Geographically, 84.6% of annualized base hire originates from the USA, 12.6% from the UK, and a pair of.8% from continental Europe.
On Could 5, 2025, Realty Earnings Company reported its monetary outcomes for the primary quarter ended March 31, 2025. The corporate achieved whole income of $1.38 billion, surpassing analyst expectations of $1.27 billion.
Internet earnings out there to frequent stockholders was $249.8 million, or $0.28 per diluted share, in comparison with $129.7 million, or $0.16 per share, in the identical interval of the earlier 12 months.
Funds from Operations (FFO) per share elevated to $1.05 from $0.94, whereas Adjusted Funds from Operations (AFFO) per share rose to $1.06 from $1.03, reflecting a 2.9% year-over-year development.
Click on right here to obtain our most up-to-date Positive Evaluation report on Realty Earnings (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #9: Agree Realty (ADC)
Agree Realty is an built-in actual property funding belief (REIT) centered on possession, acquisition, growth, and retail property administration.
Agree has developed over 40 neighborhood buying facilities all through the Midwestern and Southeastern United States.
On April twenty second, 2025, Agree Realty Corp. reported first quarter outcomes for Fiscal Yr (FY)2025. The corporate reported sturdy outcomes for the quarter ending March 31, 2025, with internet earnings attributable to frequent stockholders rising 5.0% to $45.1 million, although per-share internet earnings fell 2.0% to $0.42.
Core Funds from Operations (Core FFO) per share grew 3.1% to $1.04, and Adjusted Funds from Operations (AFFO) per share elevated 3.0% to $1.06.
The corporate invested $377 million in 69 retail internet lease properties, commenced 4 growth tasks with $24 million dedicated, and raised its month-to-month dividend by 2.4% to $0.256 per share for April, reflecting payout ratios of 73% (Core FFO) and 72% (AFFO).
The corporate bolstered its steadiness sheet, ending the quarter with $1.9 billion in liquidity, a internet debt to recurring EBITDA ratio of three.4, and a $625 million industrial paper program.
The portfolio included 2,422 properties, 99.2% leased, with 68.3% of rents from investment-grade tenants. Acquisitions totaled $358.9 million at a 7.3% cap price, whereas floor leases and growth tasks added $13.5 million and $23.9 million, respectively.
For 2025, Agree Realty tasks AFFO per share of $4.27-$4.30, with funding quantity elevated to $1.3-$1.5 billion and inclinations of $10-$50 million.
Click on right here to obtain our most up-to-date Positive Evaluation report on ADC (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #8: Paramount Sources (PRMRF)
Paramount Sources is a Canadian vitality firm. Paramount Sources has a protracted historical past. The corporate was based in 1976 and has been publicly-traded since 1978.
Paramount Sources now owns a much smaller oil and fuel manufacturing base centered on the Kaybob area of Alberta together with the Willesden Inexperienced Duvernay space additionally positioned in Alberta.
The corporate introduced its Q1 2025 outcomes on Could thirteenth, 2025. EPS of C$8.74 skyrocketed from C$0.46 within the prior 12 months however outcomes aren’t comparable. The overwhelming majority of that revenue was from positive factors on current asset gross sales together with receiving insurance coverage claims tied to wildfire harm.
For the reason that firm not too long ago bought off nearly all of its manufacturing base, ahead earnings will likely be far decrease. Certainly, money move from operations slipped from C$1.52 to C$1.01 per share year-over-year.
Analysts are forecasting simply 12 cents of earnings for Q2, which provides a a lot more true reflection of the corporate’s earnings energy post-asset sale.
Click on right here to obtain our most up-to-date Positive Evaluation report on PRMRF (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #7: Granite Actual Property Funding Belief (GRP.U)
Granite REIT is a Canadian-based actual property funding belief that spun off from automotive element producer MI Developments in 2003.
The Belief focuses on the acquisition, growth, possession, leasing, and administration of business properties in North America and Europe.
As of March thirty first, 2025, Granite’s portfolio comprised 144 properties totaling roughly 63.3 million sq. ft of gross leasable space throughout 5 nations.
Magna Worldwide stays Granite’s largest tenant, accounting for about 19% of whole gross leasable space and 27% of annualized rental income. The REIT reviews in CAD however our figures have been transformed to USD.
On Could seventh, 2025, Granite REIT reported its first-quarter outcomes for the interval ending March thirty first, 2025. Whole income for the quarter was roughly $111 million, up from about $100 million in the identical interval final 12 months.
This development was supported by contractual hire escalations, leasing and renewal exercise, and contributions from newly delivered growth tasks.
Though general occupancy dipped barely to 94.8%, this was offset by increased rents achieved throughout lease renewals and re-leases, and steady efficiency throughout key logistics markets.
FFO/unit got here in at about $1.05, up from $0.94 final 12 months. This development was pushed by increased same-property internet working earnings, continued growth of the gross leasable space, and modest working leverage positive factors, regardless of minor headwinds from vacancies and elevated property prices.
Click on right here to obtain our most up-to-date Positive Evaluation report on GRP.UN (preview of web page 1 of three proven beneath):
Month-to-month Dividend Inventory #6: Savaria Company (SISXF)
Savaria Company, based in 1979, is a number one supplier of mobility options, specializing in accessibility merchandise similar to stairlifts, house and industrial elevators, platform lifts, and medical beds.
Headquartered in Canada, Savaria serves a rising market of aged and bodily challenged people. The corporate has expanded considerably through the years, each organically and thru acquisitions, positioning itself as a key participant within the accessibility market.
It reviews its financials in CAD. All figures on this report have been transformed to USD until in any other case famous. The inventory trades at a market cap of $1.00 billion.
On Could seventh, 2025, Savaria reported its Q1 outcomes for the interval ending March thirty first, 2025. Revenues elevated by 5.2% to $158.57 million. This development was pushed by natural income development of 0.8% and a 3.3% optimistic affect from international alternate fluctuations, with the acquisition of Matot contributing positively.
Gross revenue was $59.94 million, a ten.4% improve year-over-year, leading to a gross margin of 37.8%. Working earnings rose by 19.8% to $15.29 million, whereas Adjusted EBITDA grew 17.2% to $29.27 million USD, with a margin of 18.5%.
Internet earnings was $8.99 million, or $0.12 per share, in comparison with $8.37 million, or $0.12 per share, in Q1 2024. For the 12 months, IFRS EPS was $0.69.
Click on right here to obtain our most up-to-date Positive Evaluation report on SISXF (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #5: Whitestone REIT (WSR)
Whitestone is a retail REIT that owns about 55 properties with about 4.9 million sq. ft of gross leasable space primarily in fast-growing U.S. markets similar to Texas and Arizona.
Its tenant base may be very diversified consisting of greater than 1,400 tenants with no single tenant exceeding 2.2% of annualized base rental income.
Its technique is to prioritize renting to sturdy tenants and service-oriented companies, together with grocery, restaurant, well being and health, monetary companies, logistics companies, training, and leisure, and so forth. in neighborhoods with excessive disposable earnings.
Whitestone reported its first-quarter 2025 outcomes on 4/30/25. Through the quarter, it witnessed an occupancy price of 92.9% versus 93.6% in Q1 2024. For the quarter, revenues grew 2.2% to $38.0 million versus Q1 2024. Funds from operations (“FFO”) rose 11% 12 months over 12 months to $13.1 million, whereas FFO per share rose 8.7% to $0.25.
Identical-store internet working earnings (“SSNOI”) rose 4.8% to $24.7 million. Additionally, rental price development was 20.3%, up from 17.0% a 12 months in the past, supported by rental price development in renewal leases at 19.9% versus 15.0% a 12 months in the past and new leases at 22.6% vs. 25.9% a 12 months in the past. There have been 22 new leases and 62 renewal leases within the quarter.
Whitestone maintained its 2025 FFO per share steerage at $1.03-1.07.
Click on right here to obtain our most up-to-date Positive Evaluation report on WSR (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #4: Flagship Communities Actual Property (MHCUF)
Flagship Communities is a U.S.-focused actual property funding belief specializing in proudly owning and working manufactured housing communities (MHCs) and leisure car (RV) resorts.
On the finish of final 12 months, the REIT owned a portfolio of 82 MHCs and a pair of RV resort communities, totaling 15,137 tons. Its properties are positioned in eight U.S. states, with a notable presence in key markets like Louisville, Cincinnati, and Evansville.
It reviews its financials in USD, regardless of its Canadian origin. On Could thirteenth, 2025, Flagship Communities reported its Q1 outcomes for the interval ending March thirty first, 2025.
Income for the quarter rose by 24.4% to $24.8 million, pushed by will increase in lot rents, increased occupancy, and the contribution from current acquisitions. Identical-community income grew by 12.9%, reflecting continued power throughout the portfolio. Hire collections had been sturdy at 99.7%, and general portfolio occupancy was 84.4%.
NOI grew by 23.0% to $16.4 million, with an NOI margin of 66.2%. Funds from Operations elevated by 24.8% to $8.58 million. On a per unit foundation, FFO was $0.342.
Click on right here to obtain our most up-to-date Positive Evaluation report on MHCUF (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #3: Grupo Aval Acciones y Valores S.A. (AVAL)
Grupo Aval Acciones y Valores S.A. is a Colombian monetary holding firm. It’s the dad or mum establishment of 4 completely different Colombian banks which, in combination, are the biggest banking entity within the nation as measured by deposits and gross loans.
Grupo Aval’s subsidiaries additionally management companies throughout verticals together with pensions and asset administration, funds, authorities finance, funding banking, and insurance coverage.
As well as, Aval has partial possession of a subsidiary which owns laborious property in Colombia together with toll roads, vitality and fuel, agribusiness, and motels.
The corporate reported its Q1 outcomes on Could seventh, 2025. Q1 was sturdy, with the corporate’s internet earnings tripling year-over-year, and EPS rising from 2 cents to 7 cents per share.
Loans grew 5% and deposits surged 10% whereas on the identical time Aval noticed its danger metrics enhance, resulting in dramatic margin growth. Analysts expect Aval to earn 39 cents in 2025 pushed by much better financial exercise.
Click on right here to obtain our most up-to-date Positive Evaluation report on AVAL (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #2: Dynacor Group (DNGDF)
Dynacor is a Canadian industrial gold processor with core operations in Peru, the place it purchases ore from artisanal and small-scale miners and processes it at its wholly owned Veta Dorada plant in Chala.
The power has a nameplate capability of 430 tonnes per day and is optimized for steady, high-efficiency throughput.
Dynacor’s mannequin is exclusive in that it doesn’t have interaction in exploration or mining, as a substitute working an in depth ore buying community throughout Peru to supply high-grade feedstock.
The corporate operates a powerful logistics community for accumulating ore, runs its personal labs for evaluation, and handles gold exports with safe, dependable methods.
Dynacor additionally reinvests in increasing its provide community and enhancing plant capability, whereas sustaining a lean value construction and constant manufacturing move. Regardless of its Toronto itemizing, the corporate presents its monetary statements in U.S. {dollars}.
On Could 14th, 2025, Dynacor reported its Q1 outcomes for the interval ending March thirty first, 2025. The corporate posted document quarterly income of $80.0 million, up from $67.7 million final 12 months, an 18.2% improve pushed primarily by increased common gold costs, regardless of a 14.9% decline in gold gross sales volumes attributable to decrease ore grades.
Whole gold gross sales amounted to 27,788 gold-equivalent ounces, down from 32,637 ounces in Q1 2024. The typical promoting value rose considerably to $2,878 per ounce, from $2,075 within the prior 12 months quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on DNGDF (preview of web page 1 of three proven beneath):
Most secure Month-to-month Dividend Inventory #1: Richards Packaging Earnings Fund (RPKIF)
Richards Packaging Earnings Fund is a Canada-based distributor of specialty packaging options. The corporate has greater than 18,000 clients throughout the healthcare, meals & beverage, and cosmetics sectors.
It sources over 8,000 packaging SKUs from over 900 suppliers globally and operates three manufacturing amenities, which account for a small portion of whole income.
Richards Packaging is the biggest packaging distributor in Canada and the third largest in North America, with operations concentrated in main logistics hubs throughout Canada and the U.S.
Its healthcare vertical makes up over half of its income, supported by rising demand for medical, imaginative and prescient, and surgical packaging provides. Meals & beverage and cosmetics make up the steadiness.
Its mannequin emphasizes distribution scale, diversified end-markets, and steady money era, underpinned by a conservative steadiness sheet and powerful insider possession now standing at 15%.
The Fund reviews its financials in CAD, however all figured on this report have been transformed to USD until in any other case famous.
On Could 2nd, 2025, Richards Packaging launched its first quarter outcomes for the interval ending March thirty first, 2025. Income rose 2.9% to $72.5 million, breaking the current development of declines.
Development was pushed by stronger demand in meals & beverage (+5.1%) and cosmetics (+3.0%), whereas healthcare contracted 2.7% attributable to ongoing softness in hospital capital and the lingering affect of the Parata enterprise loss.
Click on right here to obtain our most up-to-date Positive Evaluation report on RPKIF (preview of web page 1 of three proven beneath):
Closing Ideas
Month-to-month dividend shares might be a pretty choice for buyers in search of a gentle supply of earnings all year long.
Whereas no funding comes with out danger, some month-to-month dividend shares have demonstrated a historical past of monetary stability, constant earnings, and dependable dividend funds.
Our record of the ten most secure month-to-month dividend shares consists of corporations from a wide range of industries that rank extremely primarily based on their payout ratios and excessive yields.
However, there are quite a few different month-to-month dividend shares out there, every with its distinctive danger elements. Month-to-month dividend shares carry elevated dangers, so buyers ought to make sure to conduct thorough analysis earlier than shopping for.
Further Studying
Don’t miss the assets beneath for extra month-to-month dividend inventory investing analysis.
And see the assets beneath for extra compelling funding concepts for dividend development shares and/or high-yield funding securities.
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