3 Top High-Yield Dividend Stocks to Buy in June to Collect Passive Dividend Income Every Single Month

Matt DiLallo, The Motley Fool

Sat, Jun 7, 2025, 3:30 PM 5 min read

• Healthpeak Properties recently started paying dividends on a monthly schedule.

• Realty Income has been a leader in paying monthly dividends.

• Stag Industrial has been steadily increasing its distributions ever since it went public.

• 10 stocks we like better than Realty Income ›

Investing in dividend-paying stocks is one of the easiest ways to collect passive income. While most companies that pay dividends do so quarterly, several distribute that cash to their investors each month. 

Healthpeak Properties (NYSE: DOC), Realty Income (NYSE: O), and Stag Industrial (NYSE: STAG) stand out among income stocks because they have high-yielding monthly dividends. Here's what makes them great stocks to buy for passive income this June.

Healthpeak Properties is a real estate investment trust (REIT) that leases properties to businesses in the healthcare sector -- its portfolio features outpatient medical buildings, labs, and senior housing communities. These properties provide it with stable and growing rental income, and because it's a REIT, it must distribute at least 90% of its taxable income to shareholders via dividends every year. However, in Healthpeak's case, that's less than 70% of its funds from operations (FFO).

The healthcare REIT switched to a monthly dividend schedule in April. It currently pays investors $0.10167 per share each month ($1.22 per year). It will make its next payment on June 27 to those who own its shares by the end of the market close on June 16. At its current share price, Healthpeak Properties offers a yield of more than 7%. Put another way, every $100 invested in its stock would produce more than $7 of dividend income each year at that rate.

Healthpeak's latest dividend rate is 2% higher than it was in 2024. The REIT should be able to continue growing its payouts in the future. It has an estimated $500 million to $1 billion of financial flexibility to make accretive new investments or to repurchase shares. The REIT's success in allocating capital to grow its FFO per share should allow it to continue raising its monthly dividend payment.

No company does monthly dividends quite like Realty Income. The diversified REIT, which owns a host of retail, industrial, gaming, and other properties, declared its 659th consecutive monthly dividend in May: It will pay out a distribution of $0.2685 per share in mid-June. Those who buy the stock this month will be eligible for the dividend payment after that, which it should dish out in mid-July. The company is so dedicated to the premise of paying its shareholders monthly that it calls itself "The Monthly Dividend Company." At its current payout rate and share price, its yield approaches 6%.