5 Monthly Dividend Stocks Retirees Can Count On in September
Five dividend stocks for retirees: Realty Income (O) raised its 136th monthly dividend, with a 5.45% yield and Q2 2026 AFFO growth of 3.8%. Main Street Capital (MAIN) increased its monthly dividend to $0.265 and paid a supplemental. Agree Realty (ADC) yields 4.61%, with Q2 AFFO up 7.4%. STAG Industrial (STAG) offers a 4.05% quarterly yield, with Core FFO up 3.2%. EPR Properties (EPR) has the highest yield at 5.1%, with Q2 AFFO up 14.5%.
How this was made
The 30-second read
Why it matters
Provides fresh guidance numbers and dividend changes for each issuer, offering modest new information for income investors.
Market read
Income‑focused investors may adjust allocations toward higher‑yield REITs and BDCs based on the new guidance and dividend increases.
What to watch
Potential interest‑rate pressure on REIT financing and the variability of supplemental dividends for BDCs.
Background
The article presents a curated list of five dividend‑paying stocks suitable for retirees, focusing on recent dividend increases and guidance updates.
Ticker impact
Realty Income announced its 136th monthly dividend increase and raised full-year guidance to $4.44‑$4.45 per share.
Modest upside potential if yield‑seeking demand increases.
Guidance lift and dividend streak are new, but the stock is down 9.6% month‑to‑date, limiting upside.
Main Street Capital raised its regular monthly dividend to $0.265 per share and guided Q3 DNII to at least $0.97 per share.
Potential modest rally on income‑seeker interest.
Guidance is new but the supplemental dividend is variable, limiting certainty.
Agree Realty lifted its 2026 AFFO guidance to $4.57‑$4.59 per share and increased investment guidance to $1.6‑$1.8 B.
Small upside if market prices in higher cash flow expectations.
Guidance lift is fresh information but the stock has only modest price movement YTD.
STAG Industrial reported Q2 Core FFO of $0.65 per share, up 3.2% YoY, and highlighted a 9.59% share gain over the past year.
Limited near‑term move; price likely to track broader REIT trends.
Data are routine quarterly updates without a clear catalyst.
EPR Properties raised its 2026 FFO guidance to a range of 541‑557 and increased investment guidance to $600‑$700 M.
Potential modest upside if market rewards higher guidance.
Guidance lift is new, but the stock already up 18.7% YTD, limiting upside.
Market effects
Highlights the attractiveness of monthly dividend REITs and BDCs for income‑seeking portfolios.
U.S. dividend‑focused investors may re‑balance toward listed REITs and BDCs.
Limited; primarily relevant to U.S. income investors.
Counterpoint
Rising yields may mask underlying leverage and tenant concentration risks, suggesting caution.
Key entities
- CompanyRealty Income
Monthly dividend REIT with increased guidance.
- CompanyMain Street Capital
Business development company raising monthly dividend.
- CompanyAgree Realty
Investment‑grade REIT with higher AFFO guidance.
- CompanySTAG Industrial
Industrial REIT paying quarterly dividend.
- CompanyEPR Properties
REIT with highest yield in the list, raising FFO guidance.
