Stocks with monthly dividends

Screening Filters

1. Market Capitalization ≥ $2,000,000,000

   • Purpose: Focus on larger, more established companies or funds.
   • Rationale:
     • Monthly dividend payers are often REITs, BDCs, and income-focused funds. Among these, larger names tend to have more stable cash flows and better resources to sustain a monthly payout schedule.
     • A $2B+ market cap helps avoid very small, thinly traded, or speculative names that might have less reliable dividends, even if they pay monthly.

2. Beta: LowRisk or ModerateRisk

   • Purpose: Tilt toward stocks with lower or moderate volatility.
   • Rationale:
     • Investors asking for monthly dividends are typically income-focused and often care about capital stability as well as cash flow.
     • Restricting to Low/Moderate beta avoids highly volatile names where the stock price might swing so much that it undermines the benefit of frequent income.

3. 5‑Year Dividend CAGR ≥ 0%

   • Purpose: Ensure the dividend has at least been maintained or grown over the past 5 years.
   • Rationale:
     • A non‑negative dividend growth rate screens out names with consistent dividend cuts, which is important when the goal is reliable monthly income.
     • For monthly payers, sustaining the cadence is one thing, but sustaining the level of the dividend over time is just as important; this filter favors issuers that have not been in a long-term pattern of reductions.

4. Dividend Yield (TTM) between 3% and 10%

   • Purpose: Target a reasonable, income-focused yield range.
   • Rationale:
     • Investors looking for monthly payers generally want a noticeable income stream; a minimum 3% yield ensures the dividend is meaningful.
     • Capping yield at 10% helps filter out extremely high‑yield names, which can often be distressed or at higher risk of dividend cuts, especially relevant for someone relying on that monthly income.

5. Dividend Payout Ratio between 40% and 100%

   • Purpose: Focus on stocks where dividends are a meaningful use of cash, but not obviously unsustainable.
   • Rationale:
     • A minimum 40% payout selects companies/funds that clearly prioritize returning cash to shareholders—consistent with an income strategy.
     • Capping at 100% avoids names that are (on standard earnings measures) paying out well above what they earn, which can be a red flag for future dividend reductions.
     • This is especially important for monthly payers: the more frequent the payouts, the more the business model must reliably support them.

Why Results Match

• The core of your request—monthly dividends—is handled by the screener’s internal filter for dividend payment frequency (monthly); the filters shown here add quality, stability, and income-relevance on top of that.
• Together, the filters:
  • Limit the list to relatively large, more stable issuers (market cap, beta).
  • Emphasize sustainable and at-least-steady dividends (5‑year CAGR ≥ 0%, reasonable payout ratio).
  • Ensure the dividends are meaningful but not extreme (3–10% yield), aligning with typical income-investor expectations for monthly payers.

So while the monthly schedule itself is determined by a separate frequency condition, these filters refine that universe to monthly dividend stocks that are more likely to offer sustainable, reasonably stable income.