Looking to earn a bit of steady, extra cash without much effort? Three dividend-paying stocks—EPR Properties, Realty Income, and Main Street Capital—are not just throwing off solid yields, they’re doing it every single month. That’s right. You could be cashing a dividend check 12 times a year with these picks.
Let’s break down what makes them tick, and why now—July—might be the ideal time to jump in.
EPR Properties: Building Income on Entertainment
EPR Properties is no ordinary real estate firm. It focuses exclusively on experiential properties—think theaters, casinos, waterparks, and even TopGolf venues. Basically, places people go to enjoy themselves. And despite what the doomsayers have said about movie theaters and entertainment post-COVID, EPR is still cashing in.
The stock currently trades around $58.45 and yields a fat 6% dividend, paid monthly at $0.295 per share. That’s $3.54 a year.
It pays that next dividend on July 15, but you’ll need to already own it by the end of June. So, if you buy in July, your first payday comes in August.
EPR’s dividend payout ratio hovers around 70% of its cash flow. That’s considered healthy in the REIT world. Why? Because it leaves room for reinvestment.
• The company’s aiming to pour $200M–$300M into new properties this year
• Its goal is to grow per-share cash flow by 3%–4% annually
• In February, it bumped up its dividend by 3.5%
That kind of internal growth supports a sustainable, growing payout—something investors love.
Realty Income: Consistency Is the Brand
Realty Income doesn’t just pay dividends monthly—it’s literally their slogan. “The Monthly Dividend Company” isn’t marketing fluff. It’s baked into how they operate.
This REIT has increased its dividend 131 times since going public in 1994. That’s almost once per quarter for 30 years. Few companies can touch that record.
They’re paying $0.269 per share in July. That’s up slightly—just 0.2%—but it brings their annual yield to roughly 5.5%.
Another quick paragraph for rhythm.
Realty’s secret sauce is diversification. It holds properties across retail, industrial, and gaming. We’re talking everything from Walgreens to data centers.
The company pays out 75% of its earnings, keeping 25% in-house for new deals. With $14 trillion worth of commercial real estate across the U.S. and Europe in their sights, they’re not short on options.
Here’s how Realty Income stacks up financially:
Metric | Value |
---|---|
Share Price | $57.80 |
Market Cap | $52 Billion |
Dividend Yield | 5.52% |
Dividend Rate (Annual) | $3.228/share |
Volume | 276,342 |
52-Week Range | $50.71 – $64.88 |
The stock isn’t a rocketship—but if you’re looking for slow, steady checks in the mail, this one delivers.
Main Street Capital: Business Lending That Pays
Main Street Capital isn’t a REIT, but it behaves like one. It’s actually a Business Development Company (BDC), which means it provides capital—both equity and debt—to small and midsized businesses.
These aren’t just any businesses either. We’re talking companies with $10M to $150M in annual revenue. That sweet spot where banks might hesitate but private investors see gold.
The dividend here is $0.255 per share, paid monthly. But there’s more—Main Street routinely adds extra cash through quarterly supplemental dividends. The last one? A juicy $0.30 per share in June.
That boosts the overall yield to over 8%, depending on how you count the supplemental payouts. Not too shabby.
Main Street’s core strategy is to generate recurring income from the companies it backs. Their returns are driven by real businesses generating real cash—not market speculation. It’s like owning a slice of 80+ private companies.
Here’s what investors like:
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The regular dividend is growing: up 4.1% from last year
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Monthly base dividend + quarterly extras = more flexibility
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They’ve consistently paid those $0.30 bonuses for six straight quarters
With a market cap around $5B and a share price near $59, it’s one of the more stable players in the BDC space.
July Timing Makes a Difference
July is more than just fireworks and vacations—it’s a great moment to get into these income stocks. All three companies pay their monthly dividends mid-month, and most of their ex-dividend dates fall in the first week or two.
Even if you miss July’s payment, buying now gets you on the list for August.
Quick reminder:
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EPR Properties pays on July 15 (must own by late June)
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Realty Income pays on July 15 (own by July 1)
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Main Street Capital pays on July 15 (own by July 8)
If the stock prices hold steady, you’re looking at annual yields between 5% and 8% depending on the pick. That’s a meaningful amount of passive income in any market, especially with interest rates stuck in neutral and inflation still hovering.
These aren’t stocks you swing trade. They’re the kind you tuck into your portfolio and forget—until the cash shows up like clockwork.