10 Month-to-month Dividend Shares With Secure Payouts

Printed on March fifth, 2026 by Bob Ciura

Month-to-month dividend shares will be a beautiful funding possibility for these looking for secure revenue.

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 traders to obtain extra frequent funds than shares which pay quarterly or semi-annual dividend payouts.

Because of this, month-to-month dividend shares might help to cowl residing bills, or complement different sources of revenue.

You’ll be able to 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 under:

Nonetheless, not all month-to-month dividend shares are equally protected. There are a lot of examples of month-to-month dividend shares decreasing or eliminating their dividends.

On this article, we now have analyzed the ten month-to-month dividend shares from our Positive Evaluation Analysis Database with the bottom dividend payout ratios.

We’ve got additionally excluded month-to-month dividend shares with Dividend Danger Rating of ‘F’, our lowest score.

The ten month-to-month dividend shares under have been organized so as, based mostly on their payout ratios.

Desk of Contents

Most secure Month-to-month Dividend Inventory #10: Realty Revenue (O)

Realty Revenue is a retail actual property centered REIT that has turn out to be well-known for its profitable dividend progress historical past and month-to-month dividend funds.

Realty Revenue owns retail properties that aren’t a part of a wider retail improvement (corresponding to a mall), however as a substitute are standalone properties. Because of this the properties are viable for a lot of completely different tenants, together with authorities companies, healthcare companies, and leisure.

On November 3, 2025, Realty Revenue Company reported third-quarter 2025 outcomes together with income of $1.47 billion, exceeding consensus estimates and year-ago ranges.

The corporate posted web revenue of roughly $315.8 million for the quarter. Similar-store rental income rose 1.3% year-over-year to $1,162.3 million, and the hire recapture charge on re-leased models was 103.5% for each the quarter and the nine-month interval ended September 30, 2025.

Funding exercise was sturdy, with $200 million in U.S. wholly-owned acquisitions throughout Q3 (47 properties, 12.2-year weighted common time period) and $623.2 million throughout 105 properties year-to-date (15.3-year time period) in whole.

Realty Revenue’s most vital aggressive benefit is its world-class administration staff that has efficiently guided the belief prior to now.

It has elevated its dividend for 28 consecutive years, and is on the checklist of Dividend Aristocrats.

Click on right here to obtain our most up-to-date Positive Evaluation report on Realty Revenue (preview of web page 1 of three proven under):

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, improvement, and retail property administration.

Agree has developed over 40 neighborhood procuring facilities all through the Midwestern and Southeastern United States. On the finish of December 2024, the corporate owned and operated 2,370 properties situated in 50 states, containing roughly 48.8 million sq. toes of gross leasable house.

The corporate’s enterprise goal is to spend money on and actively handle a diversified portfolio of retail properties web leased to trade tenants.

On October twenty first, 2025, Agree Realty Corp. reported third quarter outcomes for Fiscal Yr (FY)2025. The corporate reported sturdy third-quarter outcomes for 2025, with EPS of $0.47, beating estimates by $0.01, and income of $183.22 million, up 18.7% year-over-year.

Internet revenue per share rose 7.9% to $0.45, whereas Core FFO and AFFO per share elevated 8.4% and seven.2% to $1.09 and $1.10, respectively.

The corporate declared a month-to-month dividend of $0.256 per share, representing a 2.4% enhance from the prior yr, and raised full-year 2025 AFFO steerage to $4.31–$4.33 per share.

ADC has elevated its dividend for 13 consecutive years.

Click on right here to obtain our most up-to-date Positive Evaluation report on ADC (preview of web page 1 of three proven under):

Month-to-month Dividend Inventory #8: Savaria Company (SISXF)

Savaria Company is a number one supplier of mobility options, specializing in accessibility merchandise corresponding to stairlifts, house and business 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 over time, each organically and thru acquisitions, positioning itself as a key participant within the accessibility market.

On September fifteenth, 2025, Savaria raised its dividend by 3.8% to a month-to-month charge of C$0.0467. On November fifth, 2025, Savaria reported its Q3 outcomes for the interval ending September thirtieth, 2025.

Revenues elevated by 5.2% to $159.6 million, pushed by natural progress of 1.8%, a 2.5% optimistic overseas alternate influence, and a 0.9% contribution from the acquisition of Western Elevator.

Gross revenue was $62.6 million, an 11.4% enhance year-over-year, leading to a gross margin of 39.2%. Working revenue rose 25.7% to $19.7 million, whereas Adjusted EBITDA grew 13.9% to $33.8 million, with a margin of 21.2%. Internet earnings had been $13.8 million, or $0.19 per share, in comparison with $7.9 million, or $0.11 per share, in Q3 2024.

Click on right here to obtain our most up-to-date Positive Evaluation report on SISXF (preview of web page 1 of three proven under):

Most secure Month-to-month Dividend Inventory #7: Morguard North American Residential REIT (MNARF)

Morguard North American Residential Actual Property Funding Belief (MNARF) is a Canadian-listed multi-family residential REIT that owns and operates a diversified portfolio of rental house communities throughout Canada and the U.S.

As of December thirty first, 2025, the REIT owned pursuits in 43 residential properties comprising 13,089 suites, with about 41% of suites situated in Canada and 59% within the U.S., offering geographic and financial diversification.

The Canadian portfolio is closely weighted towards Ontario, notably Toronto and Mississauga, whereas the U.S. portfolio spans high-population-growth states corresponding to Illinois, Florida, Texas, Georgia, and Colorado. MNARF focuses on mid-market, necessity-based rental housing. The REIT generated $259 million in revenues final yr.

On February tenth, 2026, MNARF reported its full yr outcomes for the yr ended December thirty first, 2025, with income from actual property properties of $259 million, up 3.0% yr over yr, pushed by rental charge will increase and favorable overseas alternate actions.

Internet working revenue elevated 4.6% yr over yr to $138.5 million, supported by stronger U.S. working efficiency and better AMR, partially offset by increased emptiness and working bills in Canada.

Portfolio fundamentals confirmed continued rental progress, with common month-to-month hire up 4.5% in Canada to $1,351 and 1.2% within the U.S. to $1,930, whereas occupancy averaged 93.3% in Canada and 91.3% within the U.S. at yr finish. FFO per Unit (diluted) elevated to $1.31.

Click on right here to obtain our most up-to-date Positive Evaluation report on MNARF (preview of web page 1 of three proven under):

Most secure Month-to-month Dividend Inventory #6: Hen Building (BIRDF)

Hen Building is a number one Canadian building and upkeep firm with operations throughout the nation, offering companies in industrial, infrastructure, buildings, and institutional markets.

The corporate presents a full vary of supply fashions together with normal contracting, building administration, and design-build, with sturdy self-perform capabilities in areas like electrical, mechanical, and specialty trades.

Its actions span sectors corresponding to power, utilities, transportation, healthcare, schooling, and mining, with a give attention to quite advanced, large-scale initiatives and long-term upkeep and repair work. Hen Building generates over $2.3 billion in annual revenues and relies in Mississauga, Canada.

On November twelfth, 2025, Hen Building reported its Q3 outcomes for the interval ending September thirtieth, 2025. The corporate generated building income of $683.8 million, representing a 5.8% year-over-year enhance, pushed primarily by natural progress in Infrastructure and Buildings in addition to a full quarter contribution from the Jacob Bros acquisition, partially offset by delays within the begin of sure industrial initiatives.

Internet revenue was $22.8 million, or $0.41 per share, representing a 12.4% year-over-year decline, whereas adjusted earnings had been $25.4 million, or $0.46 per share, down 10.0% yr over yr because of decrease working margins and better overhead, regardless of increased income.

Throughout the quarter, Hen secured over $1.0 billion of recent contracted work, bringing whole backlog to $3.6 billion, up 34.6% from year-end 2024, whereas pending backlog additionally reached $3.6 billion.

Click on right here to obtain our most up-to-date Positive Evaluation report on BIRDF (preview of web page 1 of three proven under):

Most secure Month-to-month Dividend Inventory #5: Boardwalk Actual Property Funding Belief (BOWFF)

Boardwalk Actual Property Funding Belief is a Canadian multi-family residential REIT centered on proudly owning, working, and reinvesting in reasonably priced and value-oriented rental house communities throughout Western and Central Canada.

As of September thirtieth, 2025, Boardwalk owned and operated over 200 properties comprising roughly 34,600 residential suites and greater than 30 million web rentable sq. toes, with its portfolio being concentrated in Alberta, Saskatchewan, Quebec, Ontario, and British Columbia.

The REIT emphasizes high-occupancy, mid-market rental housing, supported by a vertically built-in working platform, energetic asset repositioning, and a multi-brand technique (corresponding to Boardwalk Dwelling, Communities, and Way of life) designed to serve a broad demographic. Boardwalk registered $429 million in revenues final yr.

On November 4th, 2025, Boardwalk REIT posted its Q3 outcomes for the interval ended September thirtieth, 2025. Income for the quarter was $112.9 million, up 4.8% year-over-year, whereas same-property rental income elevated 5.1% year-over-year.

Similar-property NOI grew 8.6%, reflecting continued working margin growth as income progress materially outpaced bills.

Money move efficiency strengthened meaningfully, with FFO per Unit rising 10.8% yr over yr and AFFO per Unit rising 12.6% to $0.77, pushed by increased in-place occupied rents throughout all areas and the continued discount of prior leasing incentives, notably in Alberta and Saskatchewan. Occupancy remained excessive at 97.7%.

Click on right here to obtain our most up-to-date Positive Evaluation report on BOWFF (preview of web page 1 of three proven under):

Most secure Month-to-month Dividend Inventory #4: Richards Packaging Revenue Fund (RPKIF)

Richards Packaging Revenue Fund is a Canada-based distributor of specialty packaging options. The corporate has greater than 18,000 prospects throughout the healthcare, meals & beverage, and cosmetics sectors.

It sources over 8,000 packaging SKUs from over 900 suppliers globally and operates three manufacturing services, 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 secure money era, underpinned by a conservative steadiness sheet and powerful insider possession now standing at 15%.

On October thirtieth, 2025, Richards Packaging launched its third quarter outcomes. Income rose 11.1% to $78.11 million, pushed by acquisitions (+10.3%) and healthcare progress (+3.0%), offset by a contraction in meals & beverage (-5.9% )and flat cosmetics efficiency.

Distributable money move was $4.70 million, down from $6.34 million a yr earlier. Internet revenue fell to $3.69 million, or $0.34 per unit.

Click on right here to obtain our most up-to-date Positive Evaluation report on RPKIF (preview of web page 1 of three proven under):

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 guardian establishment of 4 completely different Colombian banks which, in mixture, 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, power and gasoline, agribusiness, and inns.

The corporate reported its Q3 outcomes on Nov. thirteenth, 2025. Q3 was sturdy, with the corporate’s EPS of 12 cents beating expectations by two cents and rising from the eight cents reported in the identical interval of 2024.

The financial institution’s web curiosity margin surged 46 foundation factors year-over-year, as Aval has loved wider lending spreads inside the Colombian market.

In the meantime, value of danger remained comparatively low, resulting in dramatic margin growth. Colombia’s financial system had been in a droop pushed by weak commodity costs and a deeply unpopular president whose financial agenda didn’t resonate with native enterprise house owners. That stated, exercise has recovered from 2023’s most depressed degree.

The Colombian Peso has appreciated towards the U.S. Greenback in 2025, which will increase Aval’s EPS determine as quoted in {dollars}.

Click on right here to obtain our most up-to-date Positive Evaluation report on AVAL (preview of web page 1 of three proven under):

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 interact 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 robust logistics community for amassing ore, runs its personal labs for evaluation, and handles gold exports with safe, dependable programs.

Dynacor additionally reinvests in increasing its provide community and enhancing plant capability, whereas sustaining a lean value construction and constant manufacturing move.

On November eleventh, 2025, Dynacor reported its Q3 outcomes. The corporate posted income of $100.5 million, up from $76.2 million final yr, a 31.9% enhance pushed primarily by considerably increased realized gold costs, regardless of decrease gold gross sales volumes tied to non permanent ore provide disruptions earlier within the quarter.

Gold gross sales totaled 28,764 gold-equivalent ounces, down from 30,651 ounces in Q3 2024. The typical promoting worth rose sharply to $3,494 per ounce, in comparison with $2,485 final yr.

Internet revenue was $5.5 million, barely under the $5.9 million recorded in Q3 2024. EPS declined to $0.13 from $0.16. Working margin was 11.7%, down from 13.6% final yr, reflecting non-recurring reorganization bills, increased normal and administrative prices related to worldwide growth, and decrease manufacturing volumes.

Click on right here to obtain our most up-to-date Positive Evaluation report on DNGDF (preview of web page 1 of three proven under):

Most secure Month-to-month Dividend Inventory #1: Banco Bradesco S.A. (BBD)

Banco Bradesco presents varied banking merchandise and monetary companies to people, firms, and companies in Brazil and internationally.

The corporate’s two important segments are banking and insurance coverage, together with checking and financial savings accounts, demand deposits, and time deposits, in addition to accident and property insurance coverage merchandise, and funding merchandise. The corporate generates round $34 billion in whole curiosity revenue and is headquartered in Osasco, Brazil.

On October thirtieth, 2025, Banco Bradesco launched its Q3 outcomes for the interval ending September thirtieth, 2025. For the quarter, the banking phase’s web curiosity revenue reached roughly $3.55 billion, a 16.9% enhance year-over-year.

The expansion was primarily supported by increased curiosity revenue from monetary property and the growth of the mortgage portfolio, with administration highlighting continued power in consumer NII and a decline in market NII in comparison with the prior yr.

Insurance coverage operations additionally carried out effectively, with gross revenue from insurance coverage and pension plans rising to $1.08 billion, up 13.0% year-over-year. The insurance coverage phase posted a web revenue attributable to shareholders of $475 million, representing a 6.5% enhance over final yr, pushed by improved underwriting outcomes and stronger monetary revenue.

Recurring web revenue got here in at $1.18 billion, marking an 18.8% year-over-year enhance. This consequence benefited from increased charge and fee revenue, which rose 6.9% in BRL phrases, and continued enchancment in credit score prices, which remained effectively behaved regardless of progress within the mortgage ebook. EPS for the quarter was about $0.11 per share.

Click on right here to obtain our most up-to-date Positive Evaluation report on BBD (preview of web page 1 of three proven under):

Last Ideas

Month-to-month dividend shares will be a beautiful possibility for traders looking for a gradual supply of revenue 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 checklist of the ten most secure month-to-month dividend shares consists of corporations from a wide range of industries that rank extremely based mostly on their payout ratios and excessive yields.

Nonetheless, there are quite a few different month-to-month dividend shares accessible, every with its distinctive danger elements. Month-to-month dividend shares carry elevated dangers, so traders ought to make sure to conduct thorough analysis earlier than shopping for.

Further Studying

Don’t miss the sources under for extra month-to-month dividend inventory investing analysis.

And see the sources under for extra compelling funding concepts for dividend progress shares and/or high-yield funding securities.