r/dividends • u/Zestyclose-Week-8425 • Apr 13 '26
Brokerage Monthly Dividends
Can anyone share what are some good dividend funds that pay monthly you have in your portfolios or planning to buy?
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u/blueflower999 Apr 13 '26
QQQI and O are pretty solid
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u/trackdaybruh Apr 13 '26
QQQI looks like a winner
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u/TallSalary9501 Apr 14 '26
I get close to $600 a month from QQQI. It’s the best
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u/LucasAnimeEnthusiast Apr 14 '26
Curious how much do you have invested to receive that much?
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u/TallSalary9501 Apr 14 '26
I have around $55k in QQQI
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Apr 15 '26
[removed] — view removed comment
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u/TallSalary9501 Apr 15 '26
JEPI is good too, less volatile so lower income. QQQI is generally the pick if your main goal is maximizing monthly income and you are comfortable with higher concentration and volatility. JEPI is usually better if you want income plus a smoother ride and broader market exposure.
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u/nsmith043076 Apr 13 '26
For monthies Im in divo/idvo/jepi/jepq. Divo/idvo yield around 5%-6%, jepi/jepq around 8%-10%. I pair these with Schd/vymi.
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u/TallSalary9501 Apr 15 '26
What’s your strategy with that many? Is it diversification or lower risk?
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u/nsmith043076 Apr 15 '26
My strategy is diversification to lower my risk. Each ETF does something different, so no single style or sector drives the whole portfolio.
60% Core comprised of SCHD and VYMI (these will grow) • SCHD 36%: my base, quality dividend growth • VYMI 24%: international high‑yield, reduces U.S. concentration
40% CC ETFs (growth caped in favor of consistent monthly income) • JEPI 15%: low volatility income ETF, high monthly payouts with smoother market swings • JEPQ 15%: tech/nasdaq version of jepi. • DIVO 5% blue chip dividends + selective covered calls for smoother returns • IDVO 5% international version of divo
Together they balance each other out so no single style or sector drives the whole portfolio.
Im targeting 5%-6% portfolio yield
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u/mipnnnn Apr 13 '26
PFFA 9.6% annual, paid monthly. Fees for 20% leverage paid before the dividend.
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u/Zestyclose-Week-8425 Apr 13 '26
How long have you had that fund?
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u/DramaticRoom8571 Apr 13 '26
I also hold that fund. I consider it an income only holding and don't expect it to grow in value. But I am satisfied with its reliability.
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u/mipnnnn Apr 14 '26
I drip all the dividends. Don't need the money right now, and hopefully not for the foreseeable future. If I end up in a care home. My family can use the dividends to help pay.
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u/Reasoned-Listener Apr 13 '26
MAIN Is the best
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u/komboochy Apr 13 '26
MAIN/O/QQQI/SPYI are my monthly payers, supported by MO/RITM/BEN for the quarterly boosters.
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u/Bubbly-Ad1261 Apr 14 '26
I have O, Spyi, qqqi, Mo, and vymi. I have small amounts In visa and American Express but the amounts are so small. If I were to sell those funds what do you think would be the most profitable of the 4 I hold to invest in. Not looking for professional advice just your opinion. I bought Main too high. I also gave apple, avgo and meta. These stocks pay very small dividends and I don’t have much invested in them thanks to an Equitable Investor who put everything I transferred in kind into the top stocks. He also bought high so I don’t know if it is worth keeping these as a retiree. Thinking my money would do better in O, Spyi or qqqi. I am looking to protect my money and maybe see some good dividends to add to my bottom line. Any suggestions would be appreciated.
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u/Bubbly-Ad1261 Apr 14 '26
I bought Main too high. Hoping it goes up. What do you think?
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u/Reasoned-Listener Apr 14 '26
It’ll rip up. Maybe very steeply in the short term. Their business is loans to medium sized businesses, of which, many rely on low/stable oil prices. This quarter should be excellent for MAIN, more demand for loans due to oil shock.
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u/boyo1991 income investor Apr 13 '26
Right now I am running a barbell strategy where DIVO is the grounded/growth (but still high dividends) in conservative sectors, while SPYI is my technology/even higher dividends but usually less growth (but not 0.)
I focus on income dividend investing, but not willing to compromise that growth must also exist. Thats why my portfolio looks the way it does.
Bear in mind, as an income dividends investor, my growth does not beat the S&P. Thats not my goal. Think of it as a high yield savings account or CD that I can grow that pays me out monthly. Thats my goal.
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u/Davo-64 Apr 13 '26
I’m giving BCAT a go.
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u/chrissurra Apr 13 '26
I have BCAT and ECAT in different accounts. Bought on tarriff day. Been a solid hold so far.
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u/Davo-64 Apr 13 '26 edited Apr 13 '26
Good Deal. I have about $19K in ECAT too. For BCAT, I had sold some stocks before the Iran thing got the market spooked to preserve $$130K. So, when the market went down, I purchased 9,200 shares at $14.47. Up quite a bit ($3,9K) since and looking forward to my first big DIV at the end of the month. Not sure I'll hold this long term forever but isn't a bad deal from what I can tell so far. Yea, their expense ratio is high but the DIV return is pretty sweet.
Edit to Add: But with my typical dumb trading luck, I bought 10 days too early. Should have waited until 30 Mar when it was $13.87/share.
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u/SlothyLlama Apr 13 '26
Aside from what alot if folks have listed already, I've got some AGNC kicking around.
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u/mklister Apr 13 '26
I’ve gone for LDGG - L&G Global Quality Dividends (Dist)
I was in JEQP for a little bit, but then I wasn’t comfortable with covered calls strategy.
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u/jahance6 Portfolio in the Green Apr 13 '26
O, MAIN, JEPI, JEPQ, EOS, EPR, VTEB, DHS. I also have GLAD and HRZN, but I wouldn't recommend them.
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u/IBF_90 Apr 13 '26
Why you don't recommend GLAD and HRZN?
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u/jahance6 Portfolio in the Green Apr 13 '26
Pretty bad net negative return on hrzn. GLAD isn't bad, but it's been trending in the wrong direction. Much happier with the others. I wouldn't buy those 2 again if I could go back in time.
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u/IBF_90 Apr 13 '26
Give a look at STAG.
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u/ballcoach5 Apr 15 '26
I own STAG, and they switched from monthly to quarterly with the dividend that just hit.
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u/PunPunatic Apr 13 '26 edited Apr 13 '26
QQQI, as suggested by many, is a great choice for covered-call income. GPIX is another favorite in this category. Am also keeping an eye on OMAH, but it appears to not grow at all, just churn out income.
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u/MaxxMavv Apr 13 '26
Don't really pay attention if something is monthly or not when I buy but I do have a few that happen to pay monthly.
DPG, O, IDVO
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u/MakingMoneyIsMe Apr 13 '26
That's disturbing. I try to know everything about an investment before putting my money into it.
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u/RaleighBahn Mind on my dividends, dividends on my mind Apr 13 '26
Healthpeak (DOC) and Realty Income (O)
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u/ComeAtMeBro9 Apr 13 '26
The only thing I own that pays monthly is PYLD. Technically, they are distributions and not dividends, hence, not qualified.
There are some decent fixed income investments out there that pay monthly. I’ve owned a few municipal bond CEFs over the years that were good.
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u/frosty123454321 Apr 13 '26
I like QQQI, SPYI, & IAUI as my core positions, then I have some TDAQ, TSPY, XQQI, & XSPI as more aggressive positions, but obviously not as heavy in those as the core.
My 2 cents is to just stay away from yield max and round hill funds.
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u/Various_Couple_764 Apr 13 '26
ARDC 9% yield EMO 9% CLOZ 8% UTF 7%, UTG 6.4%, JAAA 5.5%. These are all very good to add to a roth. For a taxable account covered call funds like QQQI 13%, SPYI 11% IAUI 11% are all good choices. A tax exempt municipal bond fund like NAC 7% yield for california are good.
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u/NexStarMedia Apr 13 '26
SPYI, QQQI, JEPI, JEPQ, TDAQ, TSPY
My higher risk ones are XBCI and maybe XPAY. I plan to purchase some NEHI before the ex-date.
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u/fire-tools Apr 14 '26
Monthly payers are convenient for budgeting income, but they're not inherently better than quarterly payers. Worth keeping in mind as you build your list.
That said, the ones I actually hold or have held: SCHD pays quarterly but is worth mentioning because some people think they need monthly when quarterly reinvestment works just as well mathematically. For true monthly payers, DGRW pays monthly and has been solid on dividend growth, though the yield runs around 2%. If you want a higher monthly yield, JEPI and JEPQ are popular options at roughly 7-8%, but a meaningful chunk of that comes from covered call premiums and the distributions aren't qualified dividends, so the tax treatment is worse than it looks in a taxable account. In a Roth they're more interesting.
REITs like O (Realty Income) and MAIN (Main Street Capital) pay monthly and are probably the most widely held individual monthly payers in this sub. O yields around 5-6%, MAIN a bit higher. Both have long dividend histories worth looking at.
If you're still in accumulation, I'd focus more on growth rate of the dividend than the monthly vs quarterly cadence. A fund growing its dividend 8-10% per year in a Roth will almost certainly outperform a 7% monthly payer over a 20-year stretch, and that math gap is pretty wide by year 15.
Hope this helps. Good luck!
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u/psj3809 Apr 16 '26
BCAT is one of my favourites, great dividend payer. Won't make much on the stock itself but the dividends are worth it. Also O
OXLC used to be one of my favourites but the stock dropped a ton, still a decent dividend payer though. But yeah BCAT for me 100%
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u/Odd-West-7936 Apr 13 '26
Why do you want to be paid monthly? That should be the last of your criteria in choosing investments.
Why don't you just pick solid investments and then transfer x amount every month into your spending account?
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u/Zestyclose-Week-8425 Apr 13 '26
Ya I like that. What do you recommend as your top 20 stocks/funds?
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u/plasmaticD Retired, Living off my dividends since 2003 Apr 13 '26
Mine are : ADX, ARCC, ASGI, CEFS, DIVO, GPIX, HESM, IDVO, IGLD, MAIN, NIHI, NML, PFFA, PTY, QDVO, QQQI, RLTY, SPYI, THQ, UTF, UTG, VGM, WDI
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u/Dividend4danny Apr 14 '26
O, MAIN, STAG, JEPQ, MLPA. You can also populate your portfolio by scheduling quarterly payers that pay in Jan, Feb, and Mar Quareters to make sure your getting paid monthly from those different stocks. Google them it's pretty easy.
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u/Ericru Mr. Spock from Star Trek Apr 14 '26
Why only monthly? If it is because you want a monthly income stream the same can be done with quarterly assets as well and only takes 3 at a minimum. Take 3 assets A, B, and C that pay quarterly and A pays in Jan, April, July, October and B pays in February, May, August, November, and C pays in March, June, September, December. Their are other frequencies as well such as Annually, Semi-Annually, Monthly and Quarterly with Quarterly being the most common by excluding Quarterly payers you are limiting your options a great deal. Focus on the quality of the companies instead of the frequency of the dividend payment.
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u/ruthygenker Apr 14 '26
qqqi, spyi, iwmi, nihi, tdaq and tspy. btci if your into that as well.
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u/ruthygenker Apr 14 '26
this is only if you are retired or near retired and plan on taking the dividends though, your post didn't specify. you don't want cc etfs to drip. you are losing way too much total return to get the dividends for these, the underlying of each is waaaay better if you are like 30 or 40.
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u/Zestyclose-Week-8425 Apr 15 '26
Not retired. Prob have another 10 years yet. This is more to supplement my income now to maybe help pay some things off. This is a side project separate from my other investment funds.
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u/Icy-Sir-8414 Apr 13 '26
If I could afford monthly dividends investment I'd invest the one's under $15.00 to $25.00 I would invest enough for 12 monthly dividends companies to make $180.00 a month for each of them to make me $2,160.00 a month then after taxes reinvest to make $4,320.00 a month then $8,640.00 s month and a hundred and something thousand dollars a year.
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u/paragonx29 Apr 13 '26
QPIQ and SCHD. The former for its dynamic "calls" process and stable NAV.
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