3 High Dividend Stocks Paying Out Every Month

Monthly dividend stocks are highly appealing for income investors. That is because these particular dividend stocks pay their dividends every month, instead of once per quarter like most dividend-paying stocks.

Even better, many monthly dividend stocks have high yields well above the market average. The following 3 monthly dividend stocks have solid yields above 5%, and make dividend payments each month.

Cardinal Energy Ltd. (CRLFF)

Cardinal Energy is a Canadian oil and gas producer operating primarily in Alberta and Saskatchewan, with a strong focus on conventional light and medium oil. Its operations are centered on mature, low-decline fields where enhanced oil recovery methods, like waterflooding and CO₂ injection, are actively used to maintain stable production. 

The company manages a large inventory of vertical and horizontal wells tied into company-owned infrastructure, which supports efficient field operations and cost control. With over 90% of production weighted to oil and NGLs, Cardinal’s day-to-day operations are heavily oil-driven, with ongoing maintenance, recompletions, and targeted infill drilling forming the backbone of its development activity. 

CRLFF reports its financials in $CAD. All figures in this report have been converted to USD unless otherwise noted. 

On March 12th, 2026, Cardinal Energy posted its Q4 and year-end results for the period ending December 31st, 2025. Net revenue for the quarter was $79.6 million, down 12% from the same period in 2024, as record production volumes were offset by notable lower realized commodity prices. 

Production averaged 23,514 boe/d, a 7% year-over-year increase, with crude oil and NGLs making up roughly 91% of the total mix. Adjusted funds flow was about $34.0 million, reflecting weaker global pricing partially offset by the early arrival of first oil from the Reford thermal project. 

2025 saw EPS retreat to $0.09, as the benefits of record-high production and the early launch of the Reford thermal project were ultimately outweighed by a notable downturn in realized commodity prices. We believe the company can sustain EPS growth of 5% per annum from here assuming stable (or rising) oil prices.

CRLFF currently yields 6.0%.

Itau Unibanco (ITUB)

Itaú Unibanco Holding S.A. is headquartered in Sao Paulo, Brazil. The company trades on the New York Stock Exchange with the ticker symbol ITUB. Itaú has been the most prominent financial conglomerate in the Southern Hemisphere, the world's tenth-largest bank by market value, and the largest Latin American bank by assets and market capitalization. 

The bank has operations across South America and other places like the United States, Portugal, Switzerland, China, Japan, and more. On February 4th, 2026, Itaú Unibanco reported fourth-quarter results for 2025. The company reported solid results for Q4 2025, with recurring managerial profit of R$12.3 billion (US$2.4 billion), up 3.7% quarter-over-quarter. The bank generated a recurring ROE of 24.4% on a consolidated basis and 26.0% in Brazil, highlighting strong profitability.

 The total credit portfolio reached R$1.49 trillion (≈ $291 billion), increasing 6.3% during the quarter, while the financial margin with clients rose 1.5% to R$30.9 billion (≈ $6.0 billion) due to higher credit volumes and improved liability margins. 

Loan growth was broad across consumer and corporate segments. Individual lending in Brazil increased 3.9%, supported by 8.0% growth in credit cards and 3.4% growth in mortgages, while payroll loans rose 4.0%, including 27.5% growth in private-sector payroll lending. Lending to very small, small, and middle-market companies expanded 8.8%, driven by stronger demand and 12% growth in middle-market loans. 

Asset quality remained stable, with the 90-day nonperforming loan ratio at 1.9%, while the 15–90 day delinquency ratio improved to 1.6%. 

Itaú Unibanco has grown its earnings-per-share at a compound annual growth rate of 3.8% for the past ten years. Future growth will be driven by increases in demand for deposits and loans. Another driver in earnings growth is that Itaú Unibanco positions itself as a regional money center in Latin America.

ITUB stock currently yields 6.6%.

EPR Properties (EPR)

EPR Properties is a specialty real estate investment trust, or REIT, that invests in properties in specific market segments that require industry knowledge to operate effectively. It selects properties it believes have strong return potential in Entertainment, Recreation, and Education. 

The REIT structures its investments as triple net, a structure that places the operating costs of the property on the tenants, not the REIT. The portfolio includes about $7 billion in investments across 300+ locations in 44 states, including over 250 tenants. 

EPR posted fourth quarter and full-year earnings on February 26th, 2026, and results were good. FFO-per-share came to $1.30, which was as expected. Revenue was up 3.2% year-over-year to $183 million, beating estimates by $1 million. Rental revenue was up $8 million year-over-year. For the year, FFO came to $5.12 per share, up from $4.87 a year ago. 

Growth will be fueled in part by a major acquisition. The company also announced separate from the earnings report that it is acquiring seven regional amusement parks from Six Flags Entertainment (FUN) for a gross amount of $342 million. This would be the largest acquisition since 2017. 

EPR boosted its dividend by 5% to a new payout of $3.72 annually, its 5th consecutive year of increases. EPR currently yields 6.6%.

Disclosure: No positions in any stocks mentioned