Agree Realty, EPR Properties, and Stag Industrial are real estate investment trusts that pay high-yielding and steadily rising monthly dividends. Main Street Capital also pays monthly dividends and offers supplemental quarterly payments. These stocks provide stable and growing monthly income streams for investors seeking passive income. Many companies pay dividends quarterly, but these monthly payouts are ideal for generating passive income.

Agree Realty focuses on single-tenant retail properties with stable rental income. It invests in durable retail industries like grocery stores and home improvement stores. The REIT pays a 4.3% monthly dividend and reinvests cash for more properties, boosting its funds from operations (FFO) and dividends. Agree Realty has a strong balance sheet and increases its dividend annually.

EPR Properties invests in experiential real estate and leases properties back to operating companies. It generates stable rental income and has a conservative payout ratio. The REIT is growing its portfolio with annual investments of $200-$300 million and aims for low to mid-single-digit FFO per share growth. EPR Properties sees significant investment opportunities in experiential real estate.

Main Street Capital is a business development company that provides debt and equity capital to lower-middle-market companies. It pays a sustainable monthly dividend with a 4.9% yield and supplements it with quarterly payments. The company aims to increase its monthly dividend steadily and expand its investment portfolio, raising its dividend by 4.1% over the past year.

Stag Industrial owns industrial real estate and leases properties to tenants under long-term agreements. The REIT pays a 4.3% monthly dividend and reinvests over $100 million annually in new properties. Stag Industrial plans to acquire $350-$650 million in properties this year and grow its FFO per share to continue increasing its dividend.

Agree Realty, EPR Properties, Main Street Capital, and Stag Industrial all pay monthly dividends with yields above 4%. Backed by stable cash flows and strong financial profiles, these companies are expected to continue increasing their monthly dividends, making them appealing for passive income investors.

Read more at Yahoo Finance: 4 Monthly Dividend Stocks Yielding 4% or More to Buy Right Now for Passive Income