Top Canadian Dividend Stocks That Pay Monthly

<p>Originally posted by <a rel="nofollow" href="https://forexrank.co/about-forex-rank/">Forex Crypto Hub</a></p>
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<style>/*! elementor – v3.13.3 – 22-05-2023 */
.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}</style> <p>Canadian stocks that pay monthly dividends are far and few in-between. We have compiled a list of the best Canadian based dividend stocks that pay their dividends monthly, month after month! <br />Generally medium to large cap Canadian dividend stocks pay on a quarterly basis (4 times per year). </p><p>In our dividend <a href="https://forexcryptohub.com/stock-broker-list-canada/" target="_blank" rel="noopener">stocks in Canada</a>, we have included typical equities, REITs, ETFs and other types of income producing companies that pay monthly dividends. The highest yielding dividends usually come from covered call ETFs and split corps, both have varying management fees, similar to mutual funds.</p><p>A stock that pays a monthly dividend is a stock that distributes a portion of its earnings to shareholders on a regular basis, usually on a monthly basis.</p> </div>
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.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}</style><h2>Monthly Dividend Stocks List in Canada – June 2023</h2> </div>
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<table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup><col width="100" /><col width="124" /><col width="172" /><col width="112" /></colgroup><tbody><tr><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rank&quot;}"><strong>Rank</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Symbol/Ticker&quot;}"><strong>Symbol/Ticker</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Company Name&quot;}"><strong>Company Name</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Forward Annual Div Yield&quot;}"><strong>Forward Annual Div Yield</strong></td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:1}">1</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;HYLD.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO"><a href="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO" target="_blank" rel="noopener">HYLD.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Hamilton Enhanced U.S. Covered Call ETF&quot;}">Hamilton Enhanced U.S. Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1355}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">13.55%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:2}">2</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZWK.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO"><a href="https://finance.yahoo.com/quote/ZWK.TO?p=ZWK.TO" target="_blank" rel="noopener">ZWK.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO Covered Call US Banks ETF&quot;}">BMO Covered Call US Banks ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1111}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">11.11%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:3}">3</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZWU.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO"><a href="https://finance.yahoo.com/quote/ZWU.TO?p=ZWU.TO" target="_blank" rel="noopener">ZWU.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO Covered Call Utilities ETF&quot;}">BMO Covered Call Utilities ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0828}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">8.28%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:4}">4</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZPH.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZPH.TO?p=ZPH.TO"><a href="https://finance.yahoo.com/quote/ZPH.TO?p=ZPH.TO" target="_blank" rel="noopener">ZPH.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO US Put Write Hedged to CAD ETF&quot;}">BMO US Put Write Hedged to CAD ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0826}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">8.26%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:5}">5</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZHP.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZHP.TO?p=ZHP.TO"><a href="https://finance.yahoo.com/quote/ZHP.TO?p=ZHP.TO" target="_blank" rel="noopener">ZHP.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO US Preferred Share Hedged to CAD Index ETF&quot;}">BMO US Preferred Share Hedged to CAD Index ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0733}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">7.33%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:6}">6</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZWG.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO"><a href="https://finance.yahoo.com/quote/ZWG.TO?p=ZWG.TO" target="_blank" rel="noopener">ZWG.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO Global High Dividend Covered Call ETF&quot;}">BMO Global High Dividend Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0724}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">7.24%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:7}">7</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;HYI.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HYI.TO?p=HYI.TO"><a href="https://finance.yahoo.com/quote/HYI.TO?p=HYI.TO" target="_blank" rel="noopener">HYI.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Horizons Active High Yield Bond ETF&quot;}">Horizons Active High Yield Bond ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0711}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">7.11%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:8}">8</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;FIE.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/FIE.TO?p=FIE.TO"><a href="https://finance.yahoo.com/quote/FIE.TO?p=FIE.TO" target="_blank" rel="noopener">FIE.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;iShares Canadian Financial Monthly Income ETF&quot;}">iShares Canadian Financial Monthly Income ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0707}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">7.07%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:9}">9</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZWC.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO"><a href="https://finance.yahoo.com/quote/ZWC.TO?p=ZWC.TO" target="_blank" rel="noopener">ZWC.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO CA High Dividend Covered Call ETF&quot;}">BMO CA High Dividend Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0696}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">6.96%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:10}">10</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZUP-U.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZUP-U.TO?p=ZUP-U.TO"><a href="https://finance.yahoo.com/quote/ZUP-U.TO?p=ZUP-U.TO" target="_blank" rel="noopener">ZUP-U.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO US Preferred Share Index ETF&quot;}">BMO US Preferred Share Index ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0693}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">6.93%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:11}">11</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZWE.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO"><a href="https://finance.yahoo.com/quote/ZWE.TO?p=ZWE.TO" target="_blank" rel="noopener">ZWE.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO Europe High Dividend Covered Call Hedged to CAD ETF&quot;}">BMO Europe High Dividend Covered Call Hedged to CAD ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0676}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">6.76%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:12}">12</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZHY.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ZHY.TO?p=ZHY.TO"><a href="https://finance.yahoo.com/quote/ZHY.TO?p=ZHY.TO" target="_blank" rel="noopener">ZHY.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BMO High Yield US Corporate Bond Hedged to CAD Index ETF&quot;}">BMO High Yield US Corporate Bond Hedged to CAD Index ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0663}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">6.63%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:13}">13</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;SYLD.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/SYLD.TO?p=SYLD.TO"><a href="https://finance.yahoo.com/quote/SYLD.TO?p=SYLD.TO" target="_blank" rel="noopener">SYLD.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Purpose Strategic Yield Fund&quot;}">Purpose Strategic Yield Fund</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.0651}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">6.51%</td></tr></tbody></table> </div>
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<h2>Highest Paying Monthly Canadian Dividend Stocks
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<p><span>The highest paying monthly Canadian dividend stocks, meaning the ones with the highest monthly yield are posted below. </span></p><p><span>As you will see from the list, most high yielding monthly dividend stocks are split corporations, covered call ETFs and sometimes REITs. </span></p><p><span>These high yielding equities are not specifically managed for growth, rather their goals are to have steady monthly high paying dividend yields. </span></p> </div>
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<h2>Highest Yielding Monthly Dividend Stocks In Canada – June 2023</h2> </div>
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<table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup><col width="100" /><col width="100" /><col width="100" /><col width="100" /></colgroup><tbody><tr><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rank&quot;}"><strong>Rank</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Symbol/Ticker&quot;}"><strong>Symbol/Ticker</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Company Name&quot;}"><strong>Company Name</strong></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Forward Annual Div Yield&quot;}"><strong>Forward Annual Div Yield</strong></td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:1}">1</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;PDV.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/PDV.TO?p=PDV.TO"><a href="https://finance.yahoo.com/quote/PDV.TO?p=PDV.TO" target="_blank" rel="noopener">PDV.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Prime Dividend Corp.&quot;}">Prime Dividend Corp.</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1401}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">14.01%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:2}">2</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;HYLD.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO"><a href="https://finance.yahoo.com/quote/HYLD.TO?p=HYLD.TO" target="_blank" rel="noopener">HYLD.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Hamilton Enhanced U.S. Covered Call ETF&quot;}">Hamilton Enhanced U.S. Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1355}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">13.55%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:3}">3</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;NXF.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/NXF.TO?p=NXF.TO"><a href="https://finance.yahoo.com/quote/NXF.TO?p=NXF.TO" target="_blank" rel="noopener">NXF.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;CI Energy Giants Covered Call ETF&quot;}">CI Energy Giants Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1188}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">11.88%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:4}">4</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ETHY.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/ETHY.TO?p=ETHY.TO"><a href="https://finance.yahoo.com/quote/ETHY.TO?p=ETHY.TO" target="_blank" rel="noopener">ETHY.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Purpose Ether Yield ETF&quot;}">Purpose Ether Yield ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1116}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">11.16%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:5}">5</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;INC-UN.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/INC-UN.TO?p=INC-UN.TO"><a href="https://finance.yahoo.com/quote/INC-UN.TO?p=INC-UN.TO" target="_blank" rel="noopener">INC-UN.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Income Financial Trust&quot;}">Income Financial Trust</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1095}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.95%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:6}">6</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BANK.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/BANK.TO?p=BANK.TO"><a href="https://finance.yahoo.com/quote/BANK.TO?p=BANK.TO" target="_blank" rel="noopener">BANK.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund&quot;}">Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1083}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.83%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:7}">7</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;TXF.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/TXF.TO?p=TXF.TO"><a href="https://finance.yahoo.com/quote/TXF.TO?p=TXF.TO" target="_blank" rel="noopener">TXF.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;CI Tech Giants Covered Call ETF&quot;}">CI Tech Giants Covered Call ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1076}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.76%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:8}">8</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;HDIF.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/HDIF.TO?p=HDIF.TO"><a href="https://finance.yahoo.com/quote/HDIF.TO?p=HDIF.TO" target="_blank" rel="noopener">HDIF.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Harvest Diversified Monthly Income ETF&quot;}">Harvest Diversified Monthly Income ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1059}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.59%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:9}">9</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;DS.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/DS.TO?p=DS.TO"><a href="https://finance.yahoo.com/quote/DS.TO?p=DS.TO" target="_blank" rel="noopener">DS.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Dividend Select 15 Corp.&quot;}">Dividend Select 15 Corp.</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1053}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.53%</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:10}">10</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;BTCY.TO&quot;}" data-sheets-hyperlink="https://finance.yahoo.com/quote/BTCY.TO?p=BTCY.TO"><a href="https://finance.yahoo.com/quote/BTCY.TO?p=BTCY.TO" target="_blank" rel="noopener">BTCY.TO</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Purpose Bitcoin Yield ETF&quot;}">Purpose Bitcoin Yield ETF</td><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:0.1049}" data-sheets-numberformat="{&quot;1&quot;:3,&quot;2&quot;:&quot;0.00%&quot;,&quot;3&quot;:1}">10.49%</td></tr></tbody></table> </div>
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<h2>The Best Monthly Dividend Paying Stocks Canada
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<p><span>It can be said that there are not many growth companies that pay monthly dividends in Canada. Although there may not be many, we have selected the best monthly dividend paying stocks down below.</span></p><p><strong>Pembina Pipeline -Ticker: PPL.TO</strong></p><p><strong>Dividend Yield: 5.75%</strong></p><p><a href="https://forexcryptohub.com/wp-content/uploads/2022/04/pembina.png"><img decoding="async" class="alignnone size-full wp-image-14499" src="https://forexcryptohub.com/wp-content/uploads/2022/04/pembina.png" alt="" width="300" height="168" /></a></p><p><span>Pembina pipeline is a transport and midstream provider of crude oil, condensate and natural gas. Over the span of its 21 years of paying dividends, they have paid out over 6 billion dollars back to their investors. With modest dividend growth over the last 5 years, Pembina’s current forward dividend yield is 5.18%.</span></p><p><span>Pembina Pipeline’s high dividend yield which pays month makes them one the best monthly dividend stocks in Canada.</span></p><hr /><p><strong>Keyera Corp – Ticker: KEY.TO</strong></p><p><strong>Dividend Yield: 6.36%</strong></p><p><strong><a href="https://forexcryptohub.com/wp-content/uploads/2022/04/keyera-1.jpg"><img decoding="async" class="alignnone size-medium wp-image-14500" src="https://forexcryptohub.com/wp-content/uploads/2022/04/keyera-1-300×209.jpg" alt="" width="300" height="209" srcset="https://forexcryptohub.com/wp-content/uploads/2022/04/keyera-1-300×209.jpg 300w, https://forexcryptohub.com/wp-content/uploads/2022/04/keyera-1.jpg 650w" sizes="(max-width: 300px) 100vw, 300px" /></a></strong></p><p><span>Another great Canadian monthly paying dividend stock is Keyera Corp. Keyera’s main business involves energy infrastructure in Canada. The company operates through gathering and processing, liquids infrastructure, and marketing segments. Keyera has approximately 4,400 km of pipelines and holds interests in 12 active gas plants in Alberta. They were founded in 2003 with their headquarters in Calgary AB Canada.</span></p><p><span>Keyera Corp’s current forward dividend yield is a healthy 5.78%. Be sure to take note that they pay dividends monthly.</span></p> </div>
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<h2>Top 10 Highest Paying Dividend Stocks on the TSX – June 2023</h2> </div>
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<table dir="ltr" border="1" cellspacing="0" cellpadding="0"><colgroup><col width="100" /><col width="100" /><col width="100" /><col width="100" /></colgroup><tbody><tr><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Rank&quot;}">Rank</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Symbol/Ticker&quot;}">Symbol/Ticker</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Company Name&quot;}">Company Name</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Forward Annual Div Yield&quot;}">Forward Annual Div Yield</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:1}">1</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;GDC&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/GDC"><a href="https://money.tmx.com/en/quote/GDC" target="_blank" rel="noopener">GDC</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Genesis Land Development Corp.&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/GDC"><a href="https://money.tmx.com/en/quote/GDC" target="_blank" rel="noopener">Genesis Land Development Corp.</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;69.77 %&quot;}">69.77 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:2}">2</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;MONT&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/MONT"><a href="https://money.tmx.com/en/quote/MONT" target="_blank" rel="noopener">MONT</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Montfort Capital Corp.&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/MONT"><a href="https://money.tmx.com/en/quote/MONT" target="_blank" rel="noopener">Montfort Capital Corp.</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;28.07 %&quot;}">28.07 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:3}">3</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZUM&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/ZUM"><a href="https://money.tmx.com/en/quote/ZUM" target="_blank" rel="noopener">ZUM</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;ZoomerMedia Limited&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/ZUM"><a href="https://money.tmx.com/en/quote/ZUM" target="_blank" rel="noopener">ZoomerMedia Limited</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;26.67 %&quot;}">26.67 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:4}">4</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;SALT&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/SALT"><a href="https://money.tmx.com/en/quote/SALT" target="_blank" rel="noopener">SALT</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Atlas Salt Inc.&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/SALT"><a href="https://money.tmx.com/en/quote/SALT" target="_blank" rel="noopener">Atlas Salt Inc.</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;26.32 %&quot;}">26.32 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:5}">5</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;DGS&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/DGS"><a href="https://money.tmx.com/en/quote/DGS" target="_blank" rel="noopener">DGS</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Dividend Growth Split Corp. Class A Shares&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/DGS"><a href="https://money.tmx.com/en/quote/DGS" target="_blank" rel="noopener">Dividend Growth Split Corp. Class A Shares</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;23.03 %&quot;}">23.03 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:6}">6</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;FTN&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/FTN"><a href="https://money.tmx.com/en/quote/FTN" target="_blank" rel="noopener">FTN</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Financial 15 Split Corp. Class A Shares&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/FTN"><a href="https://money.tmx.com/en/quote/FTN" target="_blank" rel="noopener">Financial 15 Split Corp. Class A Shares</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;17.26 %&quot;}">17.26 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:7}">7</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;QEE&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/QEE"><a href="https://money.tmx.com/en/quote/QEE" target="_blank" rel="noopener">QEE</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Mackenzie Emerging Markets Equity Index ETF&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/QEE"><a href="https://money.tmx.com/en/quote/QEE" target="_blank" rel="noopener">Mackenzie Emerging Markets Equity Index ETF</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;16.61 %&quot;}">16.61 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:8}">8</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;DFN&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/DFN"><a href="https://money.tmx.com/en/quote/DFN" target="_blank" rel="noopener">DFN</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Dividend 15 Split Corp. Class A Shares&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/DFN"><a href="https://money.tmx.com/en/quote/DFN" target="_blank" rel="noopener">Dividend 15 Split Corp. Class A Shares</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;16.35 %&quot;}">16.35 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:9}">9</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;NWX&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/NWX"><a href="https://money.tmx.com/en/quote/NWX" target="_blank" rel="noopener">NWX</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Newport Exploration Ltd.&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/NWX"><a href="https://money.tmx.com/en/quote/NWX" target="_blank" rel="noopener">Newport Exploration Ltd.</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;15.69 %&quot;}">15.69 %</td></tr><tr><td data-sheets-value="{&quot;1&quot;:3,&quot;3&quot;:10}">10</td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;LCS&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/LCS"><a href="https://money.tmx.com/en/quote/LCS" target="_blank" rel="noopener">LCS</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;Brompton Lifeco Split Corp. Class A Shares&quot;}" data-sheets-hyperlink="https://money.tmx.com/en/quote/LCS"><a href="https://money.tmx.com/en/quote/LCS" target="_blank" rel="noopener">Brompton Lifeco Split Corp. Class A Shares</a></td><td data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;15.52 %&quot;}">15.52 %</td></tr></tbody></table> </div>
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<p>About This Article</p> </div>
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<p><strong>Author: <a href="https://forexcryptohub.com/about-author-mark/"><span>Mark Prosz</span></a></strong></p><p>Sources of information and credits for this post include: Research and data provided by – https://ca.finance.yahoo.com/</p> </div>
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<p>The post <a rel="nofollow" href="https://forexcryptohub.com/monthly-canadian-dividend-stocks/">Top Canadian Dividend Stocks That Pay Monthly</a> appeared first on <a rel="nofollow" href="https://forexcryptohub.com">Forex Crypto Hub</a>.</p>

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