If you’re interested in earning monthly dividend income, then this article is for you. I have scoured the market and found three stocks with yields up to 6% that pay dividends on a monthly basis, so let’s take a closer look to determine which would be the best fit for your portfolio.

1. Killam Properties Inc.: 6% yield

Killam Properties Inc. (TSX:KMP) is one of Canada’s largest residential landlords, with 173 apartment properties and 35 manufactured home communities. It pays a monthly dividend of $0.05 per share, or $0.60 per share annually, giving its stock a 6% yield at today’s levels.

It is also worth noting that Killam increased its dividend by 3.5% in January 2014 as a result of its strong operational performance, and its increased amount of funds from operations, including 28.4% year-over-year growth to $21.84 million in the first half of fiscal 2015, could allow for another increase in the very near future.

2. Parkland Fuel Corp.: 4.7% yield

Parkland Fuel Corp. (TSX:PKI) is one of North America’s largest independent marketers of fuel and petroleum products, including gasoline, diesel, propane, lubricants, and heating oil. It pays a monthly dividend of $0.09 per share, or $1.08 per share annually, giving its stock a 4.7% yield at today’s levels.

Investors should also note that Parkland has increased its dividend for three consecutive years, and as long as commodity prices recover over the next few quarters, I think this streak will continue in 2016.

3. Shaw Communications Inc.: 4.6% yield

Shaw Communications Inc. (TSX:SJR.B)(NYSE:SJR) is one of the largest telecommunications and media companies in Canada. It pays a monthly dividend of $0.09875 per share, or $1.185 per share annually, giving its stock a 4.6% yield at today’s levels.

It is also very important for investors to note that Shaw has increased its dividend for 12 consecutive years, making it one of the top dividend-growth plays in the market today, and its consistent free cash flow generation could allow this streak to continue for the foreseeable future.

Which of these dividend stocks should you buy today?

Killam Properties, Parkland Fuel, and Shaw Communications are three of the most attractive monthly dividend-paying stocks in the market today. Foolish investors should strongly consider buying one or more of them.

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Fool contributor Joseph Solitro has no position in any stocks mentioned.