Monthly Dividend Stocks for Social Security: Reaching retirement age is exciting but also scary for many people. Counting on the government to cover all your needs is not always wise. Social Security pays full retirement benefits at age 66 for people born between 1943 and 1954 and for those born between 1955 and 1960, the full retirement age gradually increases reaching 67. Anyone born in 1960 or later will get full benefits at 67.
Many Baby Boomers know that Social Security alone may not cover their living expenses, so having extra income from investments can really help. Passive income, like monthly dividends from stocks, can add to your regular income and make life easier in retirement.
Most stocks pay dividends every three months, which works for people who reinvest. But many retirees prefer monthly payments because bills like rent, utilities, groceries, and phone bills come every month. Monthly dividend stocks give steady cash flow that matches these expenses. Real estate investment trusts (REITs), business development companies, and closed-end funds usually pay monthly, and many of these stocks are safe choices for retirees.
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Top 5 Monthly Dividend Stocks for Social Security
1. Agree Realty
Agree Realty Corp. is a big REIT with over $8 billion in assets. The company focuses on buying and developing properties that are net-leased to major retail tenants. It offers a 4.17% dividend and has strong potential for growth. Agree Realty runs all operations through its partnership, and it makes sure tenants are stable and reliable, which keeps the monthly income predictable for investors.
Its portfolio comprises over 2,370 properties in 50 states, totaling approximately 48.8 million square feet of gross leasable area (GLA). The company’s portfolio of properties is located in:
- Texas
- Ohio
- Florida
- Michigan
- Illinois
- North Carolina
- New Jersey
- Pennsylvania
- California
- New York
- Georgia
- Virginia
- Connecticut
- Wisconsin
Agree Realty tenants include these companies and more:
- Walmart
- Dollar General
- Tractor Supply
- Best Buy
- Dollar Tree
- TJX Companies
- O’Reilly Auto Parts
- CVS
- Kroger
- Lowe’s
- Hobby Lobby
- Burlington
- Sherwin-Williams
- Sunbelt Rentals
- Wawa
- Home Depot
- TBC
- Gerber Collision
2. EPR Properties
EPR Properties (NYSE: EPR) is a top REIT that focuses on popular entertainment businesses. It specializes in long-term, net-leased experiential properties that are well-known and lasting in the real estate market.
The company operates through two segments:
- Experiential
- Education
The Experiential segment consists of approximately:
- 157 theater properties
- 58 eat and play properties
- 24 attraction properties
- 11 ski properties
- Four experiential lodging properties
- One gaming property
- One cultural property
- 22 fitness and wellness properties
EPR Properties owns and invests in many educational and experiential properties. Its education segment includes 59 early childhood education centers and nine private schools. The company has investments in about 44 states. All of its single-tenant properties are leased with long-term, triplenet agreements, giving steady income.
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3. REIT
Apple Hospitality REIT Inc. owns one of the largest collections of upscale, select service hotels in the US The company has 224 hotels with over 30,000 guests rooms in 87 markets across 37 states and plus one leased property.
Its hotels include 100 Marriott branded, 119 Hilton branded, and five Hyatt branded locations. They operate under agreements with 16 hotel management companies, mainly Marriott or Hilton.
- Hilton Garden Inn
- Hampton
- Courtyard
- Residence Inn
- Homewood Suites
- SpringHill Suites
- Fairfield
- Home2 Suites
- TownePlace Suites
- AC Hotels
- Hyatt Place
- Marriott
- Embassy Suites
- Aloft
- Hyatt House
Apple Hospitality hotels are in various states, including Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Kansas, Louisiana, Michigan, and others.
4. Main Street Capital
Main Street Capital Corp. helps more than 200 private companies grow by providing flexible equity and debt financing. It focuses on lower-middle-market companies with revenues between $10 million and $150 million. Main Street invests both in debt and equity, including majority and minority stakes, which gives it multiple ways to earn income. Its monthly dividend is attractive for retirees looking for steady cash and a company with strong Wall Street support.
The firm also provides debt capital to middle-market companies for:
- Acquisitions
- Management buyouts
- Growth financings
- Recapitalizations
- Refinancing
5. Realty Income
Realty Income Corp. is famous for paying monthly dividends. It invests in freestanding, single-tenant commercial properties across different industries. The company leases properties on long-term net lease agreements, generating steady rental income. Realty Income is an S&P 500 company, which makes it a safer choice for retirees who want both growth and consistent monthly payouts.
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The company owns or holds interests in approximately 15,621 properties in:
All 50 United States
- The United Kingdom
- France
- Germany
- Ireland
- Italy
- Portugal
- Spain
With clients doing business in 89 industries, its property types include: retail, industrial, gaming, and others, such as agriculture and office.
Its primary industry concentrations include:
- Grocery stores
- Convenience stores
- Dollar stores
- Drug stores
- Home improvement stores
- Restaurants
- Quick service
Why Monthly Dividend Stocks Make Sense
Monthly income from these stocks helps retirees cover expense that happen every 30 days. From rent and mortgages to groceries and utilities, money is needed every month. By combining passive income from dividend stocks with Social Security and pensions, retirees can feel more secure financially. These investments also take advantage of inflation adjustments, and the Big Beautiful Tax Bill provides extra benefits to older adults, making monthly income stocks even more valuable.
