Want $251 in Super-Safe Monthly Dividends? Invest $44,000 in These 2 Ultra-High-Yield Stocks

Discover how dividend-paying assets provide assurance and regular cash flows, especially in challenging economic times.

Puja Tayal

Author Bio

Puja Tayal grew up in a small-business family where dinner conversations often centred on working capital and savings. Her early experiences with investing, particularly during the 2008 financial crisis, shaped her approach to understanding markets and evaluating investment opportunities. She began her career at a mutual fund company before moving into investor education and financial writing for asset and wealth management firms. Before joining The Motley Fool, Puja wrote for Market Realist, where she extensively covered the semiconductor industry. Her published work has also appeared in The Indian Express. Puja believes every stock has a story that can help investors understand its potential returns. She combines business analysis with different investing approaches to help investors make informed decisions and align their portfolios with their long-term financial goals. Outside of finance, Puja enjoys long drives, catching up with friends, watching superhero and science-fiction movies, and managing her family portfolio. She also has a keen interest in artificial intelligence and its potential to reshape the world.

Education

Bachelor's degree in Accounting and Finance, University of Mumbai (2007)
CFA Level I

Areas of Expertise

Qualitative company analysis, management strategy, risk assessment, long-term investing, portfolio diversification and rebalancing, dividend reinvestment, cyclical growth opportunities, compounding strategies, growth stocks, and dividend stocks.

Social Media Profiles

Favorite Investment Quote

"Risk comes from not knowing what you're doing." — Warren Buffett

Published December 17, 2025 4:20 pm EST

In times of uncertainty, one looks for a safe haven. That’s what the world witnessed in 2025 as US tariffs created huge volatility in currencies, roiled geopolitical relations, and encouraged central banks to buy more gold. Even in the world of digital payments and crypto, one often finds solace in the traditional form of exchange, which is gold. Similarly, e-commerce has caught up. However, it cannot replace physical stores, even when they are expensive to manage.

Colored pins on calendar showing a month — Source: Getty Images

Where to look for super-safe monthly dividends?

Traditional businesses have matured, earning stable and regular cash flows. That is what makes them safe and dependable. They may not give growth, but can give assured returns even in difficult times.

One of the traditional forms of business is real estate. Even when most work happens on the cloud, real estate prices keep increasing. Because land is limited, it takes decades to make a particular parcel of land valuable. Constructing a structure is not enough. That structure should appeal to the people, bring in footfall, and encourage buyers to pay a good price for it. That is development.

RioCan REIT

RioCan REIT (TSX: REI.UN) has the maximum retail stores in such developed places. Around 50% of its properties are located in the Greater Toronto Area, where most high-income earners reside. That helps it fetch higher rent. In its Investor Day presentation, RioCan unveiled its plan to increase per unit funds from operations (FFO) at a compounded annual growth rate (CAGR) of 3.5% between 2026 and 2028. It plans to do so by selling properties with lower rent and reinvesting that money in properties with higher rent. This recycling of capital could be to the tune of $1.3 to $1.4 billion.

What’s unique about RioCan is its diversified tenant base, with no single tenant accounting for 5% of the rental income. This makes its dividends safer. However, the REIT took a hit during the pandemic and slashed dividends by a third as lockdowns significantly reduced occupancy levels. This dividend cut helped it reduce the dividend payout ratio to a manageable level of 70%.

The REIT is growing its dividends annually to reach the pre-pandemic level of $1.44 per unit per year from $1.154 in 2025. Its focus on higher cash flow will help it achieve the pre-pandemic level of distribution.

SmartCentres REIT

Another safe dividend stock with a monthly payout is SmartCentres REIT (TSX: SRU.UN). Unlike RioCan. SmartCentres retained its dividends even during the pandemic despite its payout ratio crossing the 90% mark. This confidence and safety come from Walmart, its biggest tenant, which contributes 25% of rental revenue. Walmart itself is a recession-proof business, and being its landlord makes SmartCentres well prepared for a downturn.

While SmartCentres’ payouts are more secure than RioCan’s, the former doesn’t grow its dividends much. Unlike RioCan, SmartCentres has expanded into mixed-use properties, wherein it takes city corners and develops commercial, residential, and warehouse properties to make its retail stores more valuable and fetch higher rent. The capital spent on building houses is repaid when they are sold for capital gain.

Investing $44,000 in these ultra-high-yield dividend stocks

Buying 1,000 units of each REIT, RioCan and SmartCentres, can fetch you $1,160 and $1,850 in annual dividends, respectively. Since their payout is monthly, you can get $250.80 per month. To buy 1,000 units of each, you need to invest $44,000 today.

Stock	Share Price	Dividend per Share	Dividend on 1,000 shares	Investment amount
RioCan REIT	$18.51	$1.154	$1,154	$18,510
SmartCentres REIT	$25.59	$1.85	$1,850	$25,590
Total			$3,004	$44,100

If you do not have $44,000 now, you can consider investing $4,000 per year in each of the two units and use the distributions to buy more units. However, now is a good time to buy the dip as you can lock in a higher yield of 6.3% and 7.2%, respectively. The REIT unit price will grow to its average price of $23 and $30 in the next five years, reducing its yield.