10 Best Performing Monthly Dividend Stocks In The Past 10 Years

Updated on May 15th, 2026 by Bob Ciura

Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually.

Monthly dividend stocks have instant appeal for many income investors. Stocks that pay their dividends each month offer more frequent payouts than traditional quarterly or semi-annual dividend payers.

For this reason, we created a full list of over 100 monthly dividend stocks.

You can download our full Excel spreadsheet of all monthly dividend stocks (along with metrics that matter like dividend yield and payout ratio) by clicking on the link below:

Click here to instantly download your free spreadsheet of all monthly dividend stocks now, along with important investing metrics.

Monthly dividend payouts along with high yields are certainly attractive on the surface.

However, many monthly dividend stocks have turned in poor performance, marked by low (or even negative) total returns.

While past performance is not a guarantee of future results, it can be useful to look back to see which monthly dividend stocks performed the best.

Therefore, this article will discuss the 10 best-performing monthly dividend stocks over the past 10 years.

The best performing monthly dividend stocks are ranked below, according to their total annualized returns. Return data is provided by ycharts.

You can instantly jump to an individual section of the article by utilizing the links below:

Best Performing Monthly Dividend Stock #10: Dream Industrial REIT (DREUF)
Best Performing Monthly Dividend Stock #9: Itau Unibanco (ITUB)
Best Performing Monthly Dividend Stock #8: Main Street Capital (MAIN)
Best Performing Monthly Dividend Stock #7: Dynacor Group (DNGDF)
Best Performing Monthly Dividend Stock #6: Diversified Royalty Corp. (BEVFF)
Best Performing Monthly Dividend Stock #5: Savaria Corp. (SISXF)
Best Performing Monthly Dividend Stock #4: Exchange Income Corp. (EIFZF)
Best Performing Monthly Dividend Stock #3: Extendicare, Inc. (EXETF)
Best Performing Monthly Dividend Stock #2: Gladstone Investment (GAIN)
Best Performing Monthly Dividend Stock #1: Paramount Resources (PRMRF)

Best Performing Monthly Dividend Stock #10: Dream Industrial REIT (DREUF)

Annualized 10-Year Total Returns: 11.5%

Dream Industrial REIT is an industrial REIT that owns and operates a high-quality portfolio of urban logistics and light industrial properties.

At the end of last quarter, the trust managed 343 industrial assets, comprising 558 buildings and totaling approximately 77.6 million square feet of gross leasable area across Canada, the United States, and Europe.

The portfolio remains primarily composed of multi-tenant buildings, with a portion in single-tenant properties, and is diversified across key industrial markets.

On May 5th, 2026, Dream Industrial REIT released its Q1 results for the period ended March 31st, 2026. Net rental income increased to $71.3 million, up 6.6% year-over-year, driven by higher rental rates and growth across Ontario, Québec, Western Canada and Europe.

CP NOI on a constant currency basis rose to approximately $72.6 million, reflecting 9.0% growth over Q1 2025, supported by healthy leasing activity, solid tenant retention and continued execution of asset management initiatives.

The trust ended the quarter with in-place and committed occupancy of 95.7% across its wholly-owned and managed portfolio and signed over 1.8 million square feet of leases through April 30th, 2026 at a weighted average rental spread of 26.4%.

Click here to download our most recent Sure Analysis report on DREUF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #9: Itau Unibanco (ITUB)

Annualized 10-Year Total Returns: 13.1%

Itaú Unibanco Holding S.A. is headquartered in Sao Paulo, Brazil. It is 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, etc.

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

Loan growth was broad across consumer and corporate segments.

Click here to download our most recent Sure Analysis report on ITUB (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #8: Main Street Capital (MAIN)

Annualized 10-Year Total Returns: 13.1%

Main Street Capital Corporation is a Business Development Company (BDC) that provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies.

Main Street defines lower middle market companies as generally having annual revenues between $10 million and $150 million.

The company’s investments typically support management buyouts, recapitalizations, growth financings, refinancing, and acquisitions.

On February 26th, 2026, Main Street Capital reported fourth quarter 2025 results. Net investment income of $92.1 million rose 6% compared to $86.7 million in Q4 2024.

The corporation generated net investment income per share of $1.03, up 5% year-over-year from $0.98 per share. Distributable net investment income per share totaled $1.09, 5% higher compared to Q4 2024.

Main Street’s net asset value per share increased 5.3% since December 31st, 2024, from $31.65 to $33.33.

The corporation declared monthly dividends of $0.26 to be paid in the second quarter of 2026, which are 4% higher than those declared a year ago, as well as a supplemental $0.30 dividend to be paid in March.

Click here to download our most recent Sure Analysis report on MAIN (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #7: Dynacor Group (DNGDF)

Annualized 10-Year Total Returns: 13.4%

Dynacor is a Canadian industrial gold processor with core operations in Peru, where it purchases ore from artisanal and small-scale miners and processes it at its wholly owned Veta Dorada plant in Chala.

The facility has a nameplate capacity of 430 tonnes per day and is optimized for continuous, high-efficiency throughput.

Dynacor’s model is unique in that it does not engage in exploration or mining, instead operating an extensive ore-purchasing network across Peru to source high-grade feedstock.

On March 26th, 2026, Dynacor reported its Q4 and full year results. Dynacor posted record revenue of $137.4 million, up from $73.1 million last year, a massive 88.0% increase driven by both unprecedented gold prices and a significant rebound in sales volumes following the resolution of earlier supply chain issues.

Gold sales totaled 32,838 gold-equivalent ounces, up from 27,417 ounces in Q4 2024. The average selling price reached a record $4,135 per ounce during the quarter, compared to roughly $2,663 per ounce in the prior-year period.

Net income surged to $7.2 million, a nearly fourfold increase over the $1.7 million recorded last year. EPS rose to $0.17 from $0.05.

This strong quarterly report capped a great year, pushing full-year EBITDA to a record $33 million, compared to $29.5 million in 2024, driven by the sustained gold price rally through year-end. For FY2026, we expect EPS of $0.40.

Click here to download our most recent Sure Analysis report on DNGDF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #6: Diversified Royalty Corp. (BEVFF)

Annualized 10-Year Total Returns: 14.8%

Diversified Royalty is a Canadian royalty firm that acquires trademark and royalty rights from multi-location businesses and franchisors across North America.

Its portfolio includes a mix of service, retail, and consumer-facing brands such as Mr. Lube + Tires, Sutton, Oxford Learning, Mr. Mikes, Nurse Next Door, Stratus, BarBurrito, and the AIR MILES Reward Program.

The company earns royalty income based on system sales, agent counts, or fixed payments depending on the partner, and supplements this with management fees. Its model is structured around long-term royalty agreements that typically come with inflation-linked or fixed annual escalators.

On March 19th, 2026, Diversified Royalty reported its Q4 and full-year results. Adjusted revenue for the quarter rose to about $14.63 million, reflecting continued contributions from Mr. Lube + Tires, Oxford, and the contractual annual increases from Stratus, Sutton, Nurse Next Door, and BarBurrito.

Adjusted royalty income reached $14.6 million, driven by stable performance across the portfolio and partly offset by ongoing softness at AIR MILES.

Distributable cash rose to roughly $9.75 million, or about $0.0574 per share vs. $0.0544 in the prior year’s quarter.

For FY2026, we expect $0.15 in distributable cash per share.

Click here to download our most recent Sure Analysis report on BEVFF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #5: Savaria Corp. (SISXF)

Annualized 10-Year Total Returns: 16.9%

Savaria Corporation is a leading provider of mobility solutions, specializing in accessibility products such as stair lifts, home and commercial elevators, platform lifts, and medical beds.

Headquartered in Canada, Savaria serves a growing market of elderly and physically challenged individuals. The company has expanded significantly over the years, both organically and through acquisitions, positioning itself as a key player in the accessibility market.

On May 6th, 2026, Savaria reported its Q1 results for the period ending March 31st, 2026. Revenue grew to $171.7 million, driven by organic growth of 5.7%, a 0.6% positive FX impact, and a 0.7% contribution from acquisitions. Gross profit reached $66.9 million, resulting in a gross margin of 38.9%.

Operating income rose to $24.1 million, while Adjusted EBITDA grew to $35.1 million, maintaining a margin of 20.4%. Net earnings for the quarter were $16.6 million or $0.23 per share (diluted), compared to $0.12 per share in Q1 2025.

Click here to download our most recent Sure Analysis report on SISXF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #4: Exchange Income Corp. (EIFZF)

Annualized 10-Year Total Returns: 19.1%

Exchange Income Corporation engages in aerospace and aviation services by offering scheduled airline and charter services, emergency medical services, after-market aircraft & engines, and pilot flight training services.

Additionally, the company is invested in manufacturing window wall systems used in skyscrapers, vessels, and other industrial purposes.

Finally, Exchange Income also owns telecom towers, which it leases to America’s and Canada’s major telecom providers. The company generates just over $1 billion in annual revenue.

On May 11th, 2026, Exchange Income posted its first-quarter results for the period ending March 31st, 2026. For the quarter, revenues rose 30% to $632 million from $488 million, driven by 59% growth in Aerospace & Aviation, supported by the acquisitions of Canadian North and Mach2, stronger aircraft leasing, parts demand, ISR flying, and the addition of a second UK Home Office aircraft.

Manufacturing declined 10% to $188 million, reflecting softer Multi-Storey Window Solutions volumes, project delays, and tariff pressure, partly offset by stable Environmental Access Solutions activity.

Adjusted EPS rose to $0.44 from $0.20, as adjusted net earnings increased 139% to $25 million. Growth was driven by stronger leasing activity, Canadian North and Mach2 contributions, higher ISR flying, improved aircraft utilization, and large asset sales, partially offset by lower Manufacturing revenue, aluminum tariffs, project timing delays, and lower margin charter flying.

Management updated 2026 guidance for adjusted EBITDA to $602 million to $638 million, with a bias toward the upper end of the range.

Click here to download our most recent Sure Analysis report on EIFZF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #3: Extendicare, Inc. (EXETF)

Annualized 10-Year Total Returns: 19.7%

Extendicare is a leading provider of long-term care (LTC) and home health care services in Canada, focusing on delivering high-quality care to seniors.

At the end of last year, Extendicare operated 122 LTC homes, comprising 51 homes owned by the company and 71 under management contracts.

Further, Extendicare provides home health care services through ParaMed, delivering 11 million hours of care last year.

The company also offers managed services to third parties and joint ventures through Extendicare Assist and SGP, which provide management, consulting, and procurement services across Canada.

On February 26th, 2026, Extendicare posted its Q4 and full-year results for the period ending December 31st, 2025. In Q4, the company generated 337.3 million in revenue, an 18.0% increase from 285.9 million in Q4 2024.

Growth was driven by the LTC Acquisition and the Closing the Gap transaction, LTC funding enhancements, organic home health care ADV growth of 15.3% (27.3% including CTG), higher bill rates, and flow-through funding timing.

Operating expenses rose to 289.3 million, reflecting higher labor costs from increased home health volumes, higher LTC care hours, wage increases, and acquisition impacts.

Net operating income increased to 48.0 million, up 22.1% year over year, while adjusted EBITDA grew to 36.1 million (10.7% margin).

Net earnings were 18.7 million, or $0.21 per basic share, compared to 14.5 million, or $0.17 per basic share, in Q4 2024. For FY2025, EPS was $0.81.

For FY2026, we expect EPS of $1.06.

Click here to download our most recent Sure Analysis report on EXETF (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #2: Gladstone Investment (GAIN)

Annualized 10-Year Total Returns: 20.6%

Gladstone Investment is a business development company (BDC) that focuses on US-based small- and medium-sized companies.

Industries which Gladstone Investment targets include aerospace & defense, oil & gas, machinery, electronics, and media & communications. The company was founded in 2005 and is headquartered in McLean, VA.

Gladstone Investment reported its third quarter (Q3 2025 ended December 31) earnings results on February 3. The company generated total investment income of $25.1 million during the quarter, an increase of 17% compared to the previous year’s quarter.

This still was a slightly weaker performance compared to what the analyst community had forecast. Gladstone Investment’s earnings-per-share totaled $0.21 during the fiscal third quarter, which was down from the previous quarter.

Gladstone Investment‘s net asset value per share totaled $14.95 on a per-share basis at the end of the quarter, which was up nicely compared to the NAV-per-share that the company reported at the end of the previous quarter.

Click here to download our most recent Sure Analysis report on GAIN (preview of page 1 of 3 shown below):

Best Performing Monthly Dividend Stock #1: Paramount Resources (PRMRF)

Annualized 10-Year Total Returns: 24.3%

Paramount Resources is a Canadian energy company. Paramount Resources has a long history. The company was founded in 1976 and has been publicly-traded since 1978.

Paramount Resources now owns a far smaller oil and gas production base focused on the Kaybob region of Alberta along with the Willesden Green Duvernay area also located in Alberta.

The company announced its Q4 2025 results on March 3rd, 2026. EPS fell to a loss of CAD 0.01, a sharp drop from the CAD 59 cent per share profit in the prior year.

A large drop was expected given the sale of most of the company’s assets in the interim, that said, the company’s outright losses in Q3 and Q4 were a disappointing surprise.

The company completed the first phase of its Alhambra Plant in July, ahead of schedule, and production volumes should ramp up in coming months, though the company’s turnaround is taking longer than expected.

2025 EPS was inflated by one-time gains from the asset sale; the company was barely profitable otherwise.

Click here to download our most recent Sure Analysis report on PRMRF (preview of page 1 of 3 shown below):

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