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Holding high-yield REITs in a taxable account hands the IRS a cut of every dividend for as long as you own the shares, but the Roth version of that same portfolio changes the math in a way most investors never…

At the 24% federal bracket, a $500,000 REIT portfolio making about $35,600 a year sends roughly $8,544 to the IRS every year. Most REIT distributions generally don’t qualify for the lower qualified-dividend rates. In a taxable account they are taxed as ordinary income, while qualified Roth distributions come out tax-free.

Roth Rules That Decide Whether Income Stays Tax-Free IRS Publication 590-A sets the 2026 IRA contribution limit at $7,500, and $8,600 for savers age 50 or older. Direct Roth contributions also carry income eligibility limits. A distribution is qualified when it comes after the five-year period that starts with your first Roth contribution year, and is made on or after age 59½ (or because of disability, death or a qualifying first-home purchase).

Distribution mix changes by REIT, and part of a payout can be return of capital or capital gain. Qualified REIT dividends can also earn a 20% deduction under 26 U.S.C. § 199A(b)(1)(B). These calculations apply the full marginal rate, so treat the result as the upper limit of the tax cost.

$8,544 a Year Separates Roth and Taxable on $500,000 The portfolio puts $125,000 in each of four REITs, for a blended yield of 7.12%.

Account Gross Income Tax at 24% Net Income Taxable $35,600 $8,544 $27,056 Roth IRA $35,600 $0 $35,600 It comes to $8,544 a year and $85,440 over 10 years, before any growth.

Realty Income Backs Its Payout With 98.8% Occupancy Realty Income (NYSE:O) pays $3.258 a year, a 5.77% yield at around $55.76 per share on Wednesday, Oct. 21. Its AFFO payout ratio is 74.5%, and occupancy of 98.8% supports that coverage. The risk is leverage of 5.4x net debt to EBITDAre. It’s $125,000 position making $7,213 a year.

Gaming and Leisure Properties Delivers the Largest Income Stream Gaming and Leisure Properties (NASDAQ:GLPI) pays $3.28, which yields 8.31% at around $38.71 per share. The payout uses about 80% of 2026 AFFO guidance, and the company reports zero rent defaults since inception. The risk is tenant concentration: PENN Entertainment (NASDAQ:PENN) runs 34 facilities. At $10,388 a year, this is the portfolio’s largest income stream and the one that gains most from Roth placement.

Universal Health Realty Runs the Tightest Payout of the 4 Universal Health Realty Income Trust (NYSE:UHT) pays $3, a 7.75% yield at around $37.49 per share. Its FFO payout ratio of 83% is the highest of the four, though Q2 FFO rose to 90 cents per share. The risk is concentration, since Universal Health Services is its largest tenant and a related party. The position making $9,690 a year.

EPR Properties Covers Its Dividend With a 65% Payout Ratio EPR Properties (NYSE:EPR) pays $3.72, a 6.65% yield at around $54.92 per share. The company’s chief financial officer said on the earnings call that “our common dividend continues to be very well covered with an AFFO payout ratio of 65% for the second quarter.” Tenant rent coverage is 2.0x. The risk is reliance on two tenants, Topgolf and AMC, which each account for 13.1% of revenue. The position making $8,315 a year.

How Much Higher Brackets Cost You Bracket Taxable Net Roth Net Roth Benefit by Year 22% $27,768 $35,600 $7,832 24% $27,056 $35,600 $8,544 32% $24,208 $35,600 $11,392 37% $22,428 $35,600 $13,172 Compounding Turns $8,544 Into a 6-Figure Gap Say the annual $8,544 savings is reinvested at a conservative 4%, with no price gains assumed. After 10 years the tax-free growth hits about $102,600. After 20 years, it hits about $254,400, compared with $170,880 if the savings were never reinvested. That gap is what holding these four REITs outside a Roth costs over time.

Who Gains Most, and Steps to Take Now This setup works best for investors in the 24% bracket or higher who have Roth room and can wait until both qualified-distribution conditions are met. Investors in lower brackets, or those who need the income before age 59½, gain less. The whole point of matching REIT yields with a Roth is a check that keeps coming without selling the shares, and we laid out how to build that kind of ladder in a free guide here.

For each REIT you hold in a taxable account, multiply its income by your bracket to estimate what you’ll owe. Before deciding a Roth conversion is too expensive, run the numbers on your highest-yielding REITs, starting with GLPI-level yields. Check how much of each payout is ordinary income on your 1099-DIV, and note which positions carry the biggest tax burden. Contact [email protected] for any questions or corrections.

Monthly bills arrive on a schedule that quarterly dividends cannot match, but five stocks pay 12 times a year with yields climbing as high as 6.65%. Two of them carry risks that could quietly shrink your paycheck before you notice.

When you stop accumulating and start drawing income, timing matters as much as yield, since the mortgage, utilities and insurance premiums come due every month, but most dividends land once a quarter. A monthly payer closes that gap and turns a portfolio into something closer to a paycheck. All five names below pay 12 times a year, and the highest live yield in the group reaches 6.65%. They fall into two camps with very different risks.

Three are real estate investment trusts (REITs) that own property and are measured on adjusted funds from operations (AFFO). Two are business development companies (BDCs) that lend to and invest in private businesses and are measured on net investment income (NII). For each one, the question is the same: how much of its own cash flow does it hand over?

Realty Income Built Its Brand on the Monthly Check
Realty Income (NYSE:O) calls itself “The Monthly Dividend Company,” and the record supports the name. The company had declared 670 consecutive monthly dividends as of the first quarter and has kept the run going since. Shareholders currently receive $0.2715 per share each month, or $3.258 annualized. At a live price of $56.47, that works out to a high-yield 5.77%.

Dividend safety: Realty Income is a REIT, so AFFO is the right measure. Second-quarter AFFO came in at $1.09 per share, and the payout ratio was 74.5%. Full-year AFFO guidance was raised to $4.44 to $4.45 per share. Fitch rates the company “A”, occupancy stands at 98.8%, and pro rata liquidity was about $3.5 billion at quarter end.

Bull case: Scale keeps the monthly check growing. Full-year investment guidance rose to $10 billion, and the quarter’s deals carried a blended yield of 7.4%. The finance chief summed up the position. Simply: “We continue to operate from a position of significant liquidity, conservative leverage, and broad access to multiple capital channels.”

Risk: Leverage is creeping up. Net debt to EBITDAre reached 5.4x from 5.2x the prior quarter, in a portfolio where 65.7% of rent comes from non-investment-grade tenants.

Agree Realty Pairs a Lower Payout With a Fortress Tenant Roster
Agree Realty (NYSE:ADC) has paid monthly since 2021. The current rate is $0.267 per share, or $3.204 annualized, a 4.3% raise from a year earlier. At a live $67.615, the yield is 4.74%, the lowest in this group. You give up some current income in exchange for the strongest coverage profile among the REITs.

Dividend safety: Agree Realty pays out near 70% of AFFO. Second-quarter AFFO rose 7.4% to $1.14 per share, and full-year guidance moved up to $4.57 to $4.59. Management expects free cash flow after the dividend to exceed $140 million this year. Net debt to recurring EBITDA is 3.7x pro forma for forward equity, and liquidity is about $1.9 billion. There are no material debt due dates until 2028.

Bull case: The portfolio reached a company-record 99.8% occupancy across 2,825 properties, with investment-grade exposure at nearly two-thirds of the portfolio. Credit and occupancy loss was just 10 basis points year to date. Management put it directly: “Our consistent and reliable earnings growth continues to support a growing and well-covered dividend.”

Risk: Interest costs are rising. Interest expense rose to $40.3 million from $32.3 million a year ago. And $497 million of floating-rate commercial paper leaves earnings exposed if rates rise again.

EPR Properties Offers the Group’s Best AFFO Coverage
EPR Properties (NYSE:EPR) owns experiential real estate: theme parks, golf venues, theaters and fitness properties. It pays $0.31 per share monthly, or $3.72 annualized, after a 5.1% raise. At a live $55.91, the ultra-high-yield payout comes to 6.65%.

Dividend safety: The second-quarter AFFO payout ratio was 65%, the lowest among these three REITs. AFFO per share rose 15.3% to $1.43, and full-year FFO as adjusted guidance increased to $5.41 to $5.57. Tenants cover rent two times at the unit level, and fixed-charge coverage is 3.4 times. $3 billion of its $3.3 billion of debt is fixed or swapped. A new $1.6 billion credit agreement addresses due dates later this year.

Bull case: EPR is reducing its theater exposure to roughly a third of the portfolio and redeploying into former Six Flags parks and a Netflix House, with Netflix described as an A-rated credit. Investment guidance rose to $600 million to $700 million, and second-quarter deals carried initial cash yields of about 8.5%. Management stated: “Our common dividend continues to be very well covered with an AFFO payout ratio of 65% for the second quarter.”

Risk: Tenant concentration is high. Topgolf and AMC each produced 13.1% of second-quarter revenue, and the top 10 customers made up 63.7%. A stumble at either major tenant would hit the rent roll hard.

Main Street Capital Pays a Regular Check Plus a Bonus You Cannot Count On
Main Street Capital (NYSE:MAIN | MAIN Price Prediction) is a BDC. It owns loans and equity stakes in private lower middle market companies, so its income rises and falls with borrower health and interest rates. Coverage is measured on distributable NII.

The regular monthly dividend is $0.265, or $3.18 annualized. At a live $54.8336, the regular yield is 5.80%. On top of that, Main Street Capital has paid a $0.30 supplemental dividend for 20 straight quarters, totaling $1.20 per share over the trailing 12 months. Including those supplementals, the trailing yield is 7.99%. Treat that higher figure as upside only. Management calls supplementals discretionary and ties them to excess NII, realized gains and stable net asset value (NAV).

Dividend safety: Second-quarter distributable NII was $1.04 per share against $0.795 in regular dividends, a 76% payout. NAV rose to $33.92, non-accruals are just 1.1% of investments, and debt to equity is 0.69 times, below management’s long-term target. The regular monthly dividend has been raised 12 times since the fourth quarter of 2021.

Bull case: Internal management keeps the operating expense ratio at 1.3%, and equity exits keep producing gains, including more than $46 million from Centre Technologies. Annualized return on equity was 18.9%.

Risk: Falling rates will pressure income. Management guided third-quarter NII before taxes to at least 97 cents per share, below the second quarter’s $1.08. And floating-rate loans earn less as benchmark rates fall. That would most likely show up first as smaller supplementals.

Gladstone Investment Has the Thinnest Cushion in the Group
Gladstone Investment (NASDAQ:GAIN) is the second BDC here. It focuses on lower middle market buyouts, matching loans with equity co-investments. It pays $0.08 per share monthly, or $0.96 annualized. At a live $15.43, that is an ultra-high-yield 6.22%.

Dividend safety: Coverage improved, but you need both quarters to see the full picture. In the quarter ended June 30, adjusted NII of $0.26 per share covered $0.24 of distributions, or 108% coverage. In the prior quarter, coverage was only 83%, meaning NII fell short of the payout. The credit facility expanded to $405 million with due dates pushed to June 2031, and interest-bearing investments yield a weighted 12.9%.

Bull case: Gladstone’s model pays supplemental distributions when equity exits generate realized gains, with a significant capital gain anticipated from the sale of its SFEG Holdings subsidiary. The stock trades at 0.962 times book value, slightly below NAV.

Risk: NAV is declining. It fell 3.2% to $16.24 from $16.78, driven by $18.78 million of unrealized depreciation and a $9.0 million realized loss on the Home Concepts restructuring. If another quarter slips back below full coverage, the regular distribution comes under pressure.

Matching Monthly Income to Monthly Bills
EPR Properties has the strongest coverage in this group, with a 65% AFFO payout behind its ultra-high yield. Agree Realty and Realty Income follow closely and add the steadiest property portfolios. Main Street Capital covers its regular dividend well, but its supplementals work best as a bonus on top of a retirement budget. Gladstone Investment is the thinnest.

It went from 83% coverage to 108% in a single quarter, so the next few reports will show whether that improvement holds. Want more names that pay on this schedule? We rounded up seven of our favorite monthly payers in a free report here.

Contact [email protected] for any questions or corrections.

EPR Properties is downgraded to a hold due to rising interest rate risks and upcoming Q3 earnings uncertainty. Higher interest rates are expected to pressure EPR's bottom line and refinancing costs, especially with significant debt maturities in 2026 and 2027. I will closely monitor EPR's adjusted FFO guidance ($5.41–$5.57/share), portfolio structure, and tenant coverage metrics in the next earnings release.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of EPR, RMM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Wall Street's most popular income screens keep recycling the same mega-cap names, but five overlooked companies quietly pay yields that stretch from 3.7% to nearly 9% while sitting outside the radar of most investors.

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Most income screens keep landing on the same famous mega-cap payers. Below are five picks from areas those screens tend to skip: a lender to small private companies, a landlord for theme parks and movie theaters, a casino landlord, a utility serving the Mountain West, and a Chicago insurer that also writes title policies. Among them, Gaming & Leisure Properties (NASDAQ:GLPI) pays a forward dividend of $3.28 on a share price of $37.98, a yield of about 8.6%. Investors pass over these companies because they are small, dull, or hard to categorize, traits unrelated to the strength of their cash flow. The trade-off is that thin analyst coverage and smaller market caps mean bigger price swings, and a smaller company’s dividend carries different risks than a mega-cap’s.

Main Street Capital: Monthly Checks With a Quarterly Bonus Main Street Capital (NYSE:MAIN | MAIN Price Prediction) is a business development company (BDC). Put simply, it lends money to private companies that are too small for Wall Street, and it often takes ownership stakes in them too. At the end of June it held investments in 191 companies. Its regular monthly dividend works out to $3.18 a year. At $54.24 a share, that is a yield of about 5.9% before any supplemental payouts. Including supplementals, it paid $4.33 per share over the trailing 12 months.

Dividend safety: In Q2, distributable net investment income before taxes came to $1.08 per share. That covered the quarter’s regular monthly dividends about 1.36x. Management forecast Q3 to at least 97 cents, which would still mean about 1.22x coverage. Regulatory asset coverage stood at 2.44 times, more conservative than the company’s long-term targets. Loans on non-accrual (borrowers that have stopped paying) were 1.1% of the portfolio at fair value. After repaying its $500 million July notes, Main Street had $1.2 billion of cash and unused credit, and its next term-debt maturity is not until June 2027.

Track record: The regular monthly payout has climbed in steps, from $0.24 in early 2024 to $0.265 now, one of the few schedules where a check comes every 30 days (we rounded up seven more payers on that same cadence in a free report here). The 30-cent September supplemental was the company’s 20th consecutive quarterly supplemental dividend.

Bull case: Main Street earns more than loan interest. Its equity stakes produce occasional big gains. The Centre Technologies exit produced a $46 million realized gain, a 40% annualized return, and nine times the money invested. NAV rose to $33.92 a share, and management expects to propose another significant supplemental dividend payable in December 2026. The shares have fallen 5.02% over the past month.

Risk: Falling benchmark rates cut income on floating-rate loans. Management also expects a meaningful decline in non-recurring income in Q3. Supplementals depend on gains, so treat them as a variable bonus and judge safety on the regular payout alone.

EPR Properties: Ultra-High-Yield Rent From Places People Go for Fun The real estate under movie theaters, Topgolf venues, theme parks, fitness centers, and hot springs is owned by EPR Properties (NYSE:EPR) and leased to operators on long-term contracts. The portfolio covers 346 properties with a gross investment value of $7.5 billion, and it is 99% leased or operated. EPR pays monthly, at an annualized $3.72. Trading at $54.14, the stock offers an ultra-high yield of about 6.9%.

Dividend safety: The Q2 AFFO payout ratio was 65%. AFFO (adjusted funds from operations, the REIT version of cash earnings) rose 15.3% to $1.43 per share. Tenants’ property-level profits cover their rent two times. Interest coverage is 4.0 times, and pro forma net debt to adjusted EBITDAre is 5.1 times, inside the company’s 5 to 5.6 times target. A new $1.6 billion credit agreement deals with the debt coming due later this year.

Track record: The monthly dividend has risen from $0.25 in 2021 to $0.31 starting in March 2026. Even so, it remains below the $0.3825 monthly rate paid in early 2020. That gap reflects the adjustment after the pandemic closed theaters, and it shows how hard a shock to tenants can hit the payout.

Bull case: The company raised 2026 FFO as adjusted guidance to $5.41 to $5.57 per share. It also lifted planned investment spending to $600 million to $700 million, deployed at an average initial cash yield of about 8.5%. The theater portion has declined to roughly a third of the portfolio. The stock has dropped 9.25% in a month, lifting its yield.

Risk: Tenant concentration. Topgolf and the largest theater tenant each produced 13.1% of Q2 revenue, and the top 10 customers made up 63.7%.

Gaming & Leisure Properties: An 8.6% Yield Backed by Casino Leases Gaming & Leisure Properties owns casino buildings and land and leases them to regional operators under triple-net master leases. Triple-net means the tenant pays taxes, insurance, and maintenance, and the leases often run 30-, 40-, 50-year terms. The quarterly dividend is $0.82, for a forward yield of about 8.6%. That puts it firmly in ultra-high-yield territory.

Dividend safety: Q2 AFFO was $1.03 per share, so the dividend took about 80% of it. Leverage is 4.8 times, below the five to five and a half times target. The chief executive at the time of the call, Peter Carlino, said: “We can finance everything that we’ve got announced with what we have available today.”

Track record: The May raise lifted the dividend 5.1% from $0.78, bringing compounded three-year dividend growth to 4.4%. The full history is uneven: GLPI paid just $0.12 in May 2020, and irregular special payments appeared in 2021 and 2023.

Bull case: Q2 brought record revenue, up 9.0%, and 2026 AFFO guidance went up to $4.10 to $4.12 per share. The development pipeline totals $2.022 billion at a blended 8.77% cap rate. Despite that, the stock is down 10.34% year to date and trades close to its 52-week low of $37.33. The fundamentals have improved while the share price fell.

Risk: All of the tenants run regional casinos, which depend on consumer discretionary spending. The weakest master lease has rent coverage of 1.59x, and the Chicago development still carries construction risk.

Black Hills: 56 Straight Years of Raises Plus a Data Center Tailwind Black Hills (NYSE:BKH) is a regulated gas and electric utility based in Rapid City, South Dakota, serving an eight-state territory. The forward dividend of $2.812 yields about 3.7% at $75.55, the lowest yield on this list. In exchange, it has the longest streak.

Dividend safety: The annualized dividend equals about 65% of the midpoint of confirmed 2026 adjusted EPS guidance ($4.25 to $4.45). That marks the top of the company’s 55 to 65% payout target. Management aims for FFO-to-debt of 14 to 15%, above a 13% downgrade threshold, and had more than $650 million available on its revolver.

Track record: Black Hills has now raised its dividend for 56 consecutive years. The quarterly payout went from $0.65 in 2024 to $0.676 in 2025 and $0.703 in 2026.

Bull case: Wyoming is turning into a data center hub. Black Hills has more than three gigawatts of data center opportunities in its pipeline, with about 600 megawatts already in the plan through 2030. For a separate 1.8-gigawatt project, a reservation agreement provides up to $377 million of refundable customer advances. Management is confident of growing EPS in the upper half of its 4%–6% long-term range. The market has noticed: the stock is up 28.23% over the past year.

Risk: The pending all-stock merger still needs Montana’s approval, and management indicated a decision could come around mid-October, or by mid-November. The company must also refinance $400 million of 3.15% notes due in January 2027, almost certainly at a higher rate.

Old Republic International: A Specialty Insurer With Special Dividends Old Republic International (NYSE:ORI) writes specialty insurance, mainly commercial auto for long-haul truckers, workers’ compensation, and auto warranties. It also runs a large title insurance business. The regular quarterly dividend of $0.315 yields about 3.3% at $38.30. Specials lift the real income well above that: trailing 12-month payouts totaled $3.735 per share, including a $2.50 special in January 2026.

Dividend safety: The regular dividend used about 41% of Q2 net operating EPS of $0.76. Book value per share reached $25.33, and the bond portfolio’s book yield rose to 4.8%. Old Republic bought back $221.5M of stock in the first half and has about 640 million left on its authorization.

Track record: The regular dividend has grown from $0.10 per share in March 1999 to $0.315, and the 2026 rate is 8.6% above the prior year’s. Management said it may consider another special dividend if excess capital remains available near year-end.

Bull case: Title insurance pretax operating income jumped 130.5% to $55.9M, and the Everett Cash Mutual acquisition should add to 2026 earnings. With the stock down 9.13% year to date, it trades at about 8 times trailing earnings.

Risk: Underwriting results are getting worse. The combined ratio (claims plus expenses as a share of premiums) rose to 95.3% from 93.6%, hurt by $40 million of reserve strengthening in a run-off line. Q2 operating EPS missed the $0.7933 consensus.

Five Income Streams Most Screens Miss Each of these pays its dividend out of cash flow that covers it: about 1.36x for Main Street, a 65% payout at EPR, below-target leverage at GLPI, a 56-year raise streak at Black Hills, and a payout near 41% at Old Republic. EPR and GLPI bring the ultra-high yields, Main Street and Old Republic add supplemental payouts on top, and Black Hills provides the most reliable growth. Expect more price volatility than a household-name dividend payer delivers. For investors who prefer cash-flow coverage over brand names, the income here is well covered.

Contact [email protected] for any questions or corrections.

SummaryEPR Properties offers a compelling mix of income, value, and growth, trading at a discounted 10.3x forward P/FFO with a 6.5% yield.EPR is diversifying beyond theaters into theme parks, fitness, and immersive experiences, supporting resilient tenant performance and accretive acquisitions at attractive yields.Q2 results showed 10% revenue and 12.7% FFO/share growth, with management guiding for 7.2% full-year FFO/share growth and maintaining a well-covered dividend.I maintain a 'buy' rating on EPR, expecting mid-teens annual total returns as valuation reverts and portfolio diversification continues.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » Supertruper/iStock via Getty Images

Now is a great time to be an income investor, especially when it comes to misunderstood dividend stocks at bargain valuations. Buying at a high starting yield can shave years off of one’s compounding journey, thereby saving investors

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of EPR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

EPR Properties (NYSE:EPR – Get Free Report) declared a monthly dividend on Tuesday, September 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.31 per share by the real estate investment trust on Thursday, October 15th. This represents a $3.72 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th.

EPR Properties has raised its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. EPR Properties has a payout ratio of 126.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect EPR Properties to earn $5.52 per share next year, which means the company should continue to be able to cover its $3.72 annual dividend with an expected future payout ratio of 67.4%.

EPR Properties Price Performance Shares of NYSE EPR opened at $56.87 on Monday. The firm has a market cap of $4.36 billion, a P/E ratio of 18.29, a PEG ratio of 2.17 and a beta of 1.01. EPR Properties has a twelve month low of $48.10 and a twelve month high of $64.97. The company has a quick ratio of 9.51, a current ratio of 9.51 and a debt-to-equity ratio of 1.43. The company has a 50 day moving average of $60.29 and a 200 day moving average of $57.88.

EPR Properties (NYSE:EPR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The business had revenue of $196.08 million for the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.The company’s revenue was up 30.4% compared to the same quarter last year. During the same period last year, the business posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. As a group, research analysts expect that EPR Properties will post 5.37 EPS for the current fiscal year. About EPR Properties (Get Free Report)

EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.

EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.

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A downtrend has been apparent in EPR Properties (EPR - Free Report) lately with too much selling pressure. The stock has declined 6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.

Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.

Why EPR Could Bounce Back Before LongThe RSI reading of 28.01 for EPR is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.

The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for EPR has increased 0.1%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.

Moreover, EPR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Three high-yield stocks spanning two asset classes can quietly build a passive income stream that outpaces most savings accounts, but the yields that make them attractive also carry tradeoffs worth understanding before you buy.

A dividend hits your brokerage account regardless of market direction. That is the appeal of an income-first portfolio: the cash keeps arriving whether the market is green, red, or sideways. Rate cuts, election noise, and macro headlines change the mood, but a monthly check from a REIT or a quarterly one from a BDC lands on schedule regardless.

Here is what a $1,000 stake in each of these three high-yield names would generate in annual income on a total $3,000 investment. The roster mixes two business development companies with one experiential net-lease REIT, and the blended cash flow clears the $200 mark. All yields quoted are forward yields, calculated from each name’s current regular declared distribution. Coverage is measured with the metric appropriate to each structure: net investment income for the BDCs, FFO and AFFO for the REIT.

Main Street Capital Stock #3: Main Street Capital (NYSE:MAIN | MAIN Price Prediction) Forward Yield: 5.64% Shares for $1,000: 17.7462 Annual Passive Income: ~$56.43 Main Street is an internally managed BDC focused on lower middle market and private loan investments to U.S. companies, with a market cap of roughly $5.27 billion. The yield sits where it does because BDCs pass through substantially all taxable income to shareholders, and MAIN layers a supplemental payment on top of its monthly regular dividend (we rounded up seven of our favorite every-30-days payers in a free report you can grab here). The forward yield here reflects the regular monthly rate of $0.265 only; the 20th consecutive quarterly supplemental of $0.30 is real cash but excluded from the convention.

Coverage is solid. Second-quarter DNII before taxes was $1.08 per share against roughly $0.795 in quarterly regular distributions, and non-accruals sit at just 1.1% of the portfolio at fair value. Q4 regular monthly dividends were declared at $0.27, the twelfth increase since Q4 2021.

EPR Properties Stock #2: EPR Properties (NYSE:EPR) Forward Yield: 6.39% Shares for $1,000: 17.1674 Annual Passive Income: ~$63.86 EPR is an experiential net-lease REIT owning theatres, attractions including Six Flags parks, Topgolf eat-and-play venues, fitness, ski, experiential lodging, gaming, and cultural properties. The ultra-high-yield reflects the REIT distribution requirement to pay out 90% of taxable income, plus a lingering market discount tied to theatre exposure, even as management has actively diversified away from it.

Dividend safety looks healthy on the appropriate metric. Q2 2026 AFFO came in at $1.43 per share, an AFFO payout ratio of 65%, and 2026 FFOAA guidance was raised to $5.41 to $5.57 per share, comfortably above the $3.72 annualized dividend. Portfolio rent coverage is 2.0 times and the portfolio is 99% leased or operated. CFO Mark Peterson stated that “our common dividend continues to be very well covered.”

Ares Capital Stock #1: Ares Capital (NASDAQ:ARCC) Forward Yield: 9.90% Shares for $1,000: 51.5730 Annual Passive Income: ~$99.02 Ares Capital is the largest publicly traded BDC, externally managed by Ares Management, providing primarily first-lien senior secured loans to U.S. middle-market companies across a $29.35 billion portfolio spanning 619 companies, with 71% floating rate exposure. The near-double-digit yield reflects the same BDC pass-through structure MAIN uses, amplified by a floating-rate book earning a weighted average yield on debt at amortized cost of 10.3%.

Coverage is tighter here and worth flagging. Q2 core earnings of $0.47 per share came in one penny below the $0.48 quarterly dividend, but management noted core earnings exceeded the regular dividend over the last 12 months, backed by approximately $988 million, or $1.38 per share, of estimated taxable income spillover and 17 consecutive years of stable or increasing regular quarterly dividends. Non-accruals ticked up to 2.4% at cost from 2.1%, still below the BDC historical average of roughly 4%.

Income Summary Name Forward Yield Annual Dividend Income Main Street Capital 5.64% $56.43 EPR Properties 6.39% $63.86 Ares Capital 9.90% $99.02 Total 7.31% $219.31 Combined, these three positions generate $219.31 in annual passive income on a $3,000 investment, a blended yield of 7.31%. Ares Capital contributes $99.02, EPR Properties adds $63.86, and Main Street Capital rounds out the group with $56.43.

The practical value of a portfolio like this is optionality. Dividends land in cash, and the reinvestment decision belongs to the shareholder every payment: buy more of the same name, rotate into a cheaper yield, or take the cash out. That flexibility is difficult to replicate in a rental property or a private credit fund with quarterly gates, and it compounds meaningfully when reinvested at ultra-high yields over multi-year holding periods.

Contact [email protected] for any questions or corrections.

Corient Private Wealth LP increased its holdings in shares of EPR Properties (NYSE:EPR – Free Report) by 158.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 160,736 shares of the real estate investment trust’s stock after buying an additional 98,602 shares during the quarter. Corient Private Wealth LP owned about 0.21% of EPR Properties worth $9,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in EPR. Norges Bank acquired a new stake in EPR Properties in the 4th quarter valued at $82,823,000. Bank of New York Mellon Corp acquired a new stake in shares of EPR Properties in the second quarter valued at about $63,487,000. Wasatch Advisors LP purchased a new stake in shares of EPR Properties during the 1st quarter valued at about $48,633,000. Quantinno Capital Management LP raised its holdings in shares of EPR Properties by 20.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,572,738 shares of the real estate investment trust’s stock valued at $78,574,000 after buying an additional 272,335 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in EPR Properties during the 1st quarter worth approximately $8,303,000. 74.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity In related news, SVP Elizabeth Grace sold 4,200 shares of EPR Properties stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $60.57, for a total value of $254,394.00. Following the transaction, the senior vice president owned 22,427 shares of the company’s stock, valued at approximately $1,358,403.39. This trade represents a 15.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Gwendolyn Johnson sold 2,000 shares of EPR Properties stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $58.11, for a total transaction of $116,220.00. Following the transaction, the senior vice president owned 14,213 shares in the company, valued at approximately $825,917.43. The trade was a 12.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,892 shares of company stock worth $844,113 over the last three months. Corporate insiders own 0.03% of the company’s stock.

EPR Properties Stock Performance Shares of EPR Properties stock opened at $57.05 on Thursday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 9.51 and a current ratio of 9.51. EPR Properties has a 1 year low of $48.10 and a 1 year high of $64.97. The firm’s 50-day simple moving average is $60.76 and its 200-day simple moving average is $57.96. The firm has a market cap of $4.37 billion, a PE ratio of 18.35, a price-to-earnings-growth ratio of 2.24 and a beta of 1.01. EPR Properties (NYSE:EPR – Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.05. The company had revenue of $196.08 million for the quarter, compared to the consensus estimate of $158.13 million. EPR Properties had a return on equity of 11.34% and a net margin of 35.45%.EPR Properties’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS. EPR Properties has set its FY 2026 guidance at 5.410-5.570 EPS. Equities analysts forecast that EPR Properties will post 5.37 earnings per share for the current fiscal year.

EPR Properties Announces Dividend The business also recently declared a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a $0.31 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Wednesday, September 30th. EPR Properties’s dividend payout ratio is currently 119.61%.

Analysts Set New Price Targets EPR has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of EPR Properties from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Wednesday, September 9th. Stifel Nicolaus upped their target price on shares of EPR Properties from $66.00 to $70.50 and gave the company a “buy” rating in a research note on Thursday, July 30th. Citizens Jmp reaffirmed a “market outperform” rating and set a $70.00 price target on shares of EPR Properties in a report on Thursday, July 2nd. Royal Bank Of Canada lifted their price target on shares of EPR Properties from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Finally, KeyCorp upgraded shares of EPR Properties from a “sector weight” rating to an “overweight” rating and set a $70.00 price objective on the stock in a report on Wednesday, August 19th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $66.15.

View Our Latest Stock Report on EPR

EPR Properties Profile (Free Report)

EPR Properties (NYSE:EPR) is a specialty real estate investment trust focused on experiential real estate. The company owns and leases properties designed for entertainment, recreation and leisure activities, including multiplex cinemas, eat-and-play venues, cultural attractions, amusement and water parks, ski resorts, and other destination-based properties.

EPR generally leases its properties to operators under long-term agreements, allowing tenants to manage the underlying businesses while EPR focuses on property ownership, investment and portfolio management.

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Monthly-paying REITs can deliver income that actually keeps pace with rising prices, but not all of them are built to last through recessions, rate swings, and market chaos. These five Wall Street-backed picks cover everything from retail strips to ski…

Investors love dividend stocks, especially monthly-paying ones, because they provide dependable passive income and a strong opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused on dividend stocks for 20 years because, despite the stock market’s ups and downs, many people need reliable passive income streams to supplement their income from employment or other sources such as Social Security and pensions.

Real estate investment trusts (REITs) own, operate, or finance income-producing real estate. They enable individuals to invest in real estate without directly owning properties. REITs pool investor funds to purchase and manage a diversified portfolio of real estate assets, including office buildings, apartments, shopping malls, hotels, and warehouses. Investors seeking total return can balance the need for passive income with the desire for growth to combat inflation and hedge against a potential recession, which we could face later this year or early in 2027. REITs are fundamentally hedged against inflation because landlords can raise rents as consumer prices rise. As a result, underlying property revenues and dividend distributions have historically outpaced the consumer price index.

Investors should consider REITs for 2026 and beyond. Many investment advisors feel that an allocation of up to 15% works well for most growth and income portfolios. Here are our five top monthly-pay REITs, all rated Buy by top Wall Street firms we cover.

Agree Realty Agree Realty (NYSE:ADC | ADC Price Prediction) is an $8 billion+ industry leader in acquiring and developing properties net-leased to retailers. This mid-cap stock offers a reliable 4.32% dividend and strong upside potential. Agree Realty is a publicly traded REIT that acquires and develops properties net-leased to industry-leading, omnichannel retail tenants.

The company’s assets are held by, and all of its operations are conducted directly or indirectly through, the operating partnership of which the company is the sole general partner. Its portfolio comprises over 2,370 properties in 50 states, totaling approximately 48.8 million square feet of gross leasable area. The company’s portfolio of properties is located in:

Texas Ohio Florida Michigan Illinois North Carolina New Jersey Pennsylvania California New York Georgia Virginia Connecticut Wisconsin Agree Realty tenants include these companies:

Walmart Dollar General Tractor Supply Best Buy Dollar Tree TJX Companies O’Reilly Auto Parts CVS Kroger Lowe’s Hobby Lobby Burlington Sherwin-Williams Sunbelt Rentals Wawa Home Depot TBC Gerber Collision Jefferies has a Buy rating with a $92 target price.

AGNC Investment AGNC Investment (NASDAQ:AGNC) provides private capital to the U.S. housing market. The company has paid solid monthly dividends for years and currently yields 14.10%. It enhances liquidity in the residential real estate mortgage markets and, in turn, facilitates homeownership. This is among the highest-yielding mortgage REITs.

The company invests primarily in agency residential mortgage-backed securities on a leveraged basis. These investments consist of residential mortgage pass-through securities and collateralized mortgage obligations for which a U.S. government-sponsored enterprise guarantees the principal and interest payments.

AGNC buys debt from the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Together, Fannie Mae and Freddie Mac are known as the GSEs, or government-sponsored enterprises. Alternatively, AGNC may purchase debt from a U.S. government agency, such as the Government National Mortgage Association (Ginnie Mae).

Piper Sandler has an Overweight rating with a $12 target price.

EPR Properties This REIT invests in some of the most popular entertainment companies. EPR Properties (NYSE:EPR) is a leading experiential net-lease real estate investment trust specializing in select enduring experiential properties and pays a 6.07% dividend. EPR recently increased its monthly dividend by 5.1% and expects FFO per share growth of more than 5% in 2026, supporting continued dividend increases. After suspending its dividend during COVID, it has recovered with five consecutive years of increases. Its $6.9 billion property portfolio generates solid cash flow, and the $0.31 per share monthly dividend is well covered by operating cash flow.

The company operates through two segments. The Experiential segment consists of approximately:

157 theater properties 58 eat and play properties 24 attraction properties 11 ski properties Four experiential lodging properties One gaming property One cultural property 22 fitness and wellness properties The company’s Education segment comprises 59 early childhood education centers and nine private schools.

EPR’s investment portfolio includes ownership of and long-term mortgages on experiential and educational properties. The company has investments in approximately 44 states. All the company’s owned single-tenant properties are leased on long-term, triple-net terms.

Stifel has a Buy rating with a $70.50 target.

LTC Properties This healthcare REIT specializes in senior housing and skilled nursing facilities, offering exposure to the growing healthcare real estate sector with a monthly dividend yield of 5.36%. LTC Properties (NYSE:LTC) invests in senior housing and healthcare properties through sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity and mezzanine lending. The company invests in senior housing and skilled nursing properties secured by triple-net leases, mortgage loans, and other cash-generating structures, providing relatively steady income to support its monthly dividend.

LTC Properties operates a diversified portfolio of more than 200 senior care assets, including skilled nursing facilities, assisted living communities, and memory care centers. The company prioritizes acquisitions with durable cash flow profiles. It has delivered consistent monthly dividend payments across varied market conditions—a compelling combination given structural demand growth driven by an aging U.S. population.

LTC focuses on senior housing and long-term care facilities and benefits from the aging U.S. population. Its sale-and-leaseback model generates stable cash flow without landlord responsibilities. As a REIT, it must distribute 90% of taxable income, which helps ensure reliable dividends. Its smaller $1.6 billion market cap still supports consistent payouts.

It invests in various properties, including:

Skilled nursing centers, which provide restorative, rehabilitative, and nursing care Assisted living facilities that serve people who require assistance with activities of daily living Independent living facilities, also known as retirement communities or senior apartments, offer a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural, and recreational activities, on-site security, and others Memory care facilities offer specialized options for people with Alzheimer’s disease and other forms of dementia Deutsche Bank has a Buy rating with a $55 target.

Realty Income Realty Income (NYSE:O) is a REIT that has paid monthly dividends consistently for over 55 years. It owns over 15,000 properties leased primarily to defensive retailers. This is an ideal stock for growth and income investors seeking a safer contrarian idea for the rest of 2026, with a 5.30% dividend yield.

Realty Income is an S&P 500 company that acquires and manages freestanding commercial properties that generate rental revenue under long-term net lease agreements with its commercial clients. Realty Income stands out because its long-term net-lease structure provides predictable rental income, and the company has increased its dividend more than 120 times since going public.

It is engaged in a single business activity: leasing property to clients, generally on a net basis. This business activity spans various geographic boundaries and encompasses a range of property types and clients across multiple industries.

The company owns or holds interests in approximately 15,621 properties in all 50 U.S. states and:

United Kingdom France Germany Ireland Italy Portugal Spain With clients operating in 89 industries, its property types include retail, industrial, gaming, and other categories such as agriculture and office. Its primary industry concentrations include:

Grocery stores Convenience stores Dollar stores Drug stores Home improvement stores Restaurants Quick service Royal Bank of Canada has an Overweight rating with a $71 target price.

Contact [email protected] for any questions or corrections.

Realty Income, Essential Properties, and Agree Realty are my top SWAN net lease REITs for dependable, growing retirement income. O, EPRT, and ADC offer sector-leading AFFO-per-share growth, conservative payout ratios, and attractive yields, trading below historical AFFO multiples. Scale, cost of capital, and disciplined underwriting are critical; sector consolidation favors larger REITs with diversified portfolios and capital access.

KANSAS CITY, Mo.--(BUSINESS WIRE)--EPR Properties (NYSE: EPR) today released its fifth annual Corporate Responsibility Report, marking five consecutive years of reporting on the Company's environmental, social, and governance (ESG) performance. The 2025 report details the Company's continued progress across its experiential real estate portfolio, with disclosures aligned to the Task Force on Climate-Related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB) Real.

September historically punishes stock investors, and this year the warning signs are louder than usual. Five monthly dividend payers have quietly pulled back to yields that look compelling right now, and Wall Street analysts are taking notice.

September is historically the weakest month of the year for U.S. stocks, and this year investors face a stock market that has climbed steadily since the AI/data center trade took off in November 2022 with the introduction of OpenAI’s ChatGPT, which became the fastest-growing software application, garnering over a million users in just five days.

Recently, asset managers and hedge funds reportedly built the largest Nasdaq futures short position in history. They didn’t build that because they think stocks are going higher. That’s why safe monthly-pay dividend stocks could be a smart pivot for investors now. With interest rates trending higher over the summer, these companies’ shares have traded lower, now offering attractive yields and compelling entry points.

Most stocks pay quarterly dividends, which works well for many shareholders who reinvest them. However, many investors rely on dividends as part of a passive income stream, and monthly payouts can be more beneficial. Typically, real estate investment trusts (REITs), business development companies (BDCs), and closed-end funds are among the investment vehicles that pay monthly distributions. However, other great companies pay monthly, so we screened our monthly-pay database for the five safest stocks, since September has proven to be the worst month of the year for stocks. All five are rated Buy by top Wall Street firms.

Why Do We Recommend Monthly Dividend Stocks?

A monthly check from your stock portfolio makes sense for most people with bills and expenses due every 30 days, especially in a world where prices are consistently rising. Items such as mortgage payments, rent, utility bills, cell phone and internet bills, trash collection, and even grocery bills are always due each month. A steady stream of passive monthly income can greatly help you meet these obligations.

Agree Realty Agree Realty (NYSE:ADC | ADC Price Prediction) is an $8 billion+ industry leader in acquiring and developing properties net-leased to retailers. This mid-cap stock offers a reliable 4.29% dividend and strong upside potential. Agree Realty is a publicly traded REIT that acquires and develops properties net-leased to industry-leading, omnichannel retail tenants. The company has a strong BBB+ retail REIT balance sheet, which helps protect its monthly distribution from shifting interest rate cycles.

The company’s assets are held by, and all its operations are conducted directly or indirectly through, the operating partnership of which the company is the sole general partner.

Its portfolio comprises 2,674 properties in 50 states, totaling approximately 48.8 million square feet of gross leasable area (GLA). The company’s portfolio of properties is located in:

Texas Ohio Florida Michigan Illinois North Carolina New Jersey Pennsylvania California New York Georgia Virginia Connecticut Wisconsin Agree Realty tenants include these companies and more:

Walmart Dollar General Tractor Supply Best Buy Dollar Tree TJX Companies O’Reilly Auto Parts CVS Kroger Lowe’s Hobby Lobby Burlington Sherwin-Williams Sunbelt Rentals Wawa Home Depot TBC Gerber Collision Jefferies has a Buy rating with an $84 target price.

EPR Properties This REIT invests in some of the most popular entertainment companies. EPR Properties (NYSE:EPR) is a leading experiential net-lease REIT specializing in select enduring experiential properties and pays a 6.04% dividend. EPR recently increased its monthly dividend by 5.1% and expects funds from operations (FFO) per share growth of more than 5% in 2026, supporting continued dividend increases. After suspending its dividend during COVID-19, it has recovered with five consecutive years of increases. Its $6.9 billion property portfolio generates solid cash flow, and the monthly dividend of $0.31/share is well-covered by funds from operations.

The company operates through two segments. The Experiential segment consists of approximately:

157 theater properties 58 eat and play properties 24 attraction properties 11 ski properties Four experiential lodging properties One gaming property One cultural property 22 fitness and wellness properties The company’s Education segment comprises 59 early childhood education centers and nine private schools.

EPR Properties’ investment portfolio includes ownership of and long-term mortgages on experiential and educational properties. The company has investments in approximately 44 states. All the company’s owned single-tenant properties are leased on long-term, triple-net terms.

KeyBanc has an Overweight rating with a $70 target price.

LTC Properties This healthcare REIT specializes in seniors housing and skilled nursing facilities, offering exposure to the growing healthcare real estate sector with a monthly dividend yield of 5.60%. LTC Properties (NYSE:LTC) invests in senior housing and healthcare properties through sale-leasebacks, mortgage financing, joint ventures, construction financing, and structured finance solutions, including preferred equity and mezzanine lending. The company invests in senior housing and skilled nursing properties secured by triple-net leases, mortgage loans, and other cash-generating structures, giving it relatively steady income to support its monthly dividend.

LTC Properties operates a diversified portfolio of more than 200 senior care assets, including skilled nursing facilities, assisted living communities, and memory care centers. The company prioritizes acquisitions with durable cash flow profiles. It has delivered consistent monthly dividend payments across varied market conditions—a compelling combination given structural demand growth driven by an aging U.S. population.

LTC focuses on senior housing and long-term care facilities, benefiting from the aging U.S. population. Its sale-and-leaseback model generates stable cash flow without landlord responsibilities. As a REIT, it must distribute 90% of taxable income, ensuring reliable dividends. It has a smaller market cap of $1.6 billion, but it still supports consistent payouts.

It invests in various properties, including:

Skilled nursing centers, which provide restorative, rehabilitative, and nursing care Assisted living facilities that serve people who require assistance with activities of daily living Independent living facilities, also known as retirement communities or senior apartments, offer a community and numerous levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural, and recreational activities, on-site security, and others Memory care facilities offer specialized options for people with Alzheimer’s disease and other forms of dementia Deutsche Bank has a Buy rating with a $55 target.

Main Street Capital Main Street Capital (NASDAQ:MAIN) has helped over 200 private companies grow or transition by providing flexible private equity and debt capital solutions. This BDC offers a substantial 5.27% monthly dividend, a strong history of monthly dividends, and relatively conservative lending practices. Analysts widely regard the company as the gold standard of BDCs.

The firm provides debt capital to middle-market companies. It invests heavily in senior secured debt, securing lower-risk structural priority on equity assets and minimizing potential default losses:

Acquisitions Management buyouts Growth financings Recapitalizations Refinancing The firm partners with entrepreneurs, business owners, and management teams and generally provides “one-stop” financing options within its lower-middle-market portfolio. Main Street Capital typically invests in lower-middle-market companies with annual revenues between $10 million and $150 million. The firm’s middle-market debt investments are in businesses generally larger than its lower-middle-market portfolio companies. It also makes majority and minority equity investments.

Royal Bank of Canada has an Outperform rating and a $58 target price.

Realty Income Realty Income (NYSE:O) is a REIT that has paid monthly dividends consistently for over 55 years. It owns over 15,000 properties leased primarily to defensive retailers. This is an ideal stock for growth and income investors seeking a safer, contrarian idea for the rest of 2026, offering a 5.15% dividend yield. This S&P 500 company acquires and manages freestanding commercial properties that generate rental revenue under long-term net lease agreements with its commercial clients. Realty Income stands out as its long-term net-lease structure provides predictable rental income, and the company has increased its dividend more than 120 times since going public.

It is engaged in a single business activity: leasing property to clients, generally on a net basis. This business activity spans various geographies and encompasses a range of property types and client industries.

The company owns or holds interests in approximately 15,621 properties in all 50 states and:

United Kingdom France Germany Ireland Italy Portugal Spain With clients operating in 89 industries, its property types include retail, industrial, gaming, and other categories such as agriculture and office. Its primary industry concentrations include:

Grocery stores Convenience stores Dollar stores Drug stores Home improvement stores Restaurants Quick service Jefferies has a Buy rating with a $71 target price.

Contact [email protected] for any questions or corrections.

Most dividend stocks pay quarterly while your bills arrive monthly, and that mismatch quietly erodes retirement budgets. Five REITs are bridging that gap, but one popular name on this list recently changed its payment schedule in a way most investors…

Retirement income planning has a rhythm problem. Bills arrive monthly, but most dividend stocks pay quarterly, forcing retirees to manage lumpy cash flow across a smooth budget. Monthly-pay real estate investment trusts (REITs) solve that mismatch, and with 51% of adults now saying it's somewhat or very likely they'll outlive their savings, the reliability of the paycheck matters as much as the size.

Here are five REITs on the September 2026 watchlist for investors focused on dependable retirement cash flow. Four currently distribute monthly; one has recently shifted its payment cadence, and we flag it directly. (If a paycheck-style schedule is the whole point, we rounded up seven more monthly payers in a free report you can grab here.)

Realty Income (O): The Anchor of Monthly Income Realty Income (NYSE:O | O Price Prediction) is the net lease REIT that trademarked the phrase "The Monthly Dividend Company" and has delivered on that name across 331 dividend records stretching back decades. The latest declared monthly dividend is $0.271 per share, paid August 14, 2026, with an annualized forward payout of $3.252. Shares closed at $62.26 on August 26, 2026, and management is running a 4.89% dividend yield.

The Q2 2026 report on August 5, 2026 gave the coverage picture retirees care about: AFFO per share of $1.09, up 3.8%, portfolio occupancy at 98.8%, and full-year AFFO guidance raised to $4.44 to $4.45. CEO Sumit Roy pointed to "significant liquidity, conservative leverage, and broad access to multiple capital channels."

Risk to monitor: Net debt to annualized pro forma adjusted EBITDA sits at 5.4 times, and the credit watch list remains in the high 5% area. GAAP EPS also came in below estimates for the quarter.

Agree Realty (ADC): Investment-Grade Tenants, Rising Payout Agree Realty (NYSE:ADC) is a net lease REIT built around highly rated retail credits. The current monthly cash dividend is $0.267 per share, with the latest payment on August 14, 2026. Management called that out on the earnings call as a 4.3% year-over-year increase, backed by a 70% AFFO payout ratio.

Q2 2026 AFFO per share grew to $1.14, a 7.4% year-over-year increase. Portfolio occupancy hit a company record of 99.8% across 2,825 properties, and full-year AFFO guidance was raised to $4.57 to $4.59. Shares last traded at $73.67.

Risk to monitor: ADC missed the Street EPS estimate as equity issuance funds an aggressive acquisition program, and interest expense continues to climb. Net debt to recurring EBITDA sits at 5.2 times excluding unsettled forward equity.

EPR Properties (EPR): Experiential Cash Flow With 65% Coverage EPR Properties (NYSE:EPR) is the experiential REIT owning theaters, attractions, eat-and-play concepts, and now Netflix Houses. The monthly dividend is $0.31 per share, paid August 17, 2026, with an annualized forward of $3.72.

Q2 AFFO per share hit $1.43, a 15.3% year-over-year increase, and FFO as adjusted reached $1.42, up 12.7%. Management said the common dividend remained well covered, with a Q2 AFFO payout ratio of 65%. The portfolio was 99% leased or operated, unit-level rent coverage held at two times, and 2026 FFO guidance was raised to $5.41 to $5.57. Shares last traded at $60.00, up 24.88% year-to-date.

Risk to monitor: Tenant concentration remains real. Topgolf and AMC each represented 13.1% of Q2 revenue, with the top 10 clients at 63.7%.

LTC Properties (LTC): A Healthcare Transformation in Motion LTC Properties (NYSE:LTC) is a healthcare REIT pivoting from triple-net leases into a SHOP-focused operating model. Q2 2026 Core FFO was $0.68 per share, with 2026 Core FFO guidance of $2.76 to $2.78. Co-CEO Pam Kessler said SHOP will reach 50% of annualized NOI by year-end and about 75% by the end of 2028. Shares closed at $40.53, up 22.65% year-to-date.

Balance sheet cushion looks strong. Debt to annualized adjusted EBITDA for real estate is 4.2 times, and fixed-charge coverage stands at 4.9 times.

Risk to monitor: Investors should verify the current declared dividend directly with the company or their broker. Execution risk on the SHOP pivot, operator concentration, and remaining skilled nursing exposure of roughly 33% keep this one in the higher-variance bucket.

STAG Industrial (STAG): Industrial Anchor With a Payment Schedule Caveat STAG Industrial (NYSE:STAG) is a single-tenant industrial REIT. It historically paid monthly, and readers should note the schedule change: STAG’s current stated frequency is now quarterly, at $0.3875 per share, next payable October 15, 2026, with an annualized forward of $1.55. If a strictly monthly cadence is a requirement, that fact matters.

What earns STAG a spot on the retirement-income list anyway: Q2 2026 Core FFO of $0.65 per share, up 3.2%, cash leasing spreads of 19.8%, net debt to annualized adjusted EBITDA of 5.2 times, and full-year Core FFO guidance raised to $2.61 to $2.65. Management said "Vacancy has peaked both nationally and within Stagg’s portfolio." Shares last traded at $37.18.

Risk to monitor: Beyond the shift away from monthly payments, near-term acquisition cadence remains sensitive to interest-rate volatility.

Four of these five names still deposit cash into brokerage accounts every month, and each one just raised guidance or expanded its growth platform through Q2. That combination, growing AFFO plus reaffirmed distributions, is what keeps monthly-pay REITs central to retirement cash-flow research heading into September.

Contact [email protected] for any questions or corrections.

At the 24% federal marginal bracket, a portfolio throwing off $20,000 in REIT dividends surrenders roughly $4,800 to the IRS every year. That is the annual toll for holding the wrong high-yield stocks in the wrong account. For net-lease REITs, whose distributions are largely ordinary income rather than qualified dividends, that toll compounds into six-figure lost income across a retirement horizon.

Why REIT Dividends Pay a Higher Tax Bill Than Blue Chips Qualified dividends from most C-corp payers get preferential tax rates. REIT distributions generally do not. Under current federal rules, the bulk of a REIT dividend flows through as ordinary income, taxed at the investor’s marginal bracket. That structural quirk is precisely what makes the Roth wrapper so valuable for the three names below.

Tax Delta: Roth Versus Taxable at the 24% Bracket Consider a $300,000 portfolio split evenly across three high-yield net-lease REITs. Current yields and mechanics:

NNN REIT (NYSE:NNN | NNN Price Prediction), a triple-net lease REIT: current dividend yield of 5.19% on an annualized $2.48 per share payout. 37 consecutive annual dividend increases and a 69% AFFO payout ratio back a durable ordinary-income stream, which is exactly what a Roth is built to shelter. Realty Income (NYSE:O), a monthly-paying net-lease REIT: current yield of 5.14%, with an annualized forward dividend of $3.252 per share. Twelve taxable events per year in a brokerage account. Zero in a Roth. EPR Properties (NYSE:EPR), an experiential net-lease REIT: the highest yielder of the group at 5.94%, with a $3.72 annualized dividend and a 65% Q2 2026 AFFO payout ratio. Experiential rent income taxed at ordinary rates is a prime Roth candidate. Apply those yields to a $100,000 stake in each. NNN produces roughly $5,190 in annual gross income, Realty Income roughly $5,140, and EPR roughly $5,940. Blended annual income lands near $16,270. In a taxable account at 24%, federal tax runs about $3,905, leaving roughly $12,365 net. Inside a Roth, the full $16,270 stays. Annual Roth advantage: about $3,905. Over 10 years without reinvestment or growth, that alone is nearly $39,000 permanently reclaimed.

How the Delta Scales Across Brackets Same $16,270 in gross REIT income. Different tax brackets:

Marginal Bracket Annual Tax Cost (Taxable) Annual Roth Advantage 22% ~$3,580 ~$3,580 24% ~$3,905 ~$3,905 32% ~$5,205 ~$5,205 37% ~$6,020 ~$6,020 Higher earners lose more absolute dollars every year the shares sit outside a Roth. A 37% bracket household holding this exact three-name portfolio in taxable hands loses over an entire extra REIT position’s worth of income annually versus a 22% bracket investor holding identical shares.

Compounding Cost Most Readers Miss The $3,905 annual Roth advantage at the 24% bracket compounds. Reinvested each year into more shares of these same REITs, that recaptured income keeps working tax-free inside the wrapper. Using a conservative 5% reinvestment rate on the annual delta alone, the sheltered advantage grows to roughly $49,000 over 10 years and approaches $130,000 over 20 years. That is the permanent, quantifiable cost of holding these three names in the wrong account.

[calculator type=”ira-comparison” annual_contribution=”7000″ current_age=”55″ retirement_age=”70″ current_tax_rate=”24″ retirement_tax_rate=”24″ return_rate=”5″ reinvest_tax_savings=”true” annual_withdrawal=”20000″ withdrawal_period=”20″ capital_gains_rate=”15″]

Adjust the inputs to your own age, contribution level, and bracket. The magnitude changes. The direction does not. The window between your last paycheck and your first RMD is usually the cheapest time to move these positions into a Roth, and we sized up that opportunity in a free guide here.

What to Do Before Your Next Rebalance If you hold NNN, Realty Income, or EPR shares in a taxable brokerage account, calculate the annual tax cost at your bracket before your next filing. The number is knowable to the dollar. Run the Roth conversion math on the highest-yielding position first. EPR’s 5.94% yield generates the largest annual ordinary-income tax drag of the three. Compare the one-time conversion tax cost against the multi-decade income delta above. Over long horizons, the conversion math often clears comfortably. NNN is up 20.47% year to date, Realty Income 14.44%, and EPR 25.61%. Total return is one story. Where the dividends land on your tax return is a different story, and one you control.

Contact [email protected] for any questions or corrections.

Investors might want to bet on EPR Properties (EPR - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

Therefore, the Zacks rating upgrade for EPR Properties basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For EPR Properties, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for EPR PropertiesThis real estate investment trust is expected to earn $5.55 per share for the fiscal year ending December 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for EPR Properties. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of EPR Properties to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Investors with an interest in REIT and Equity Trust - Retail stocks have likely encountered both EPR Properties (EPR - Free Report) and Federal Realty Investment Trust (FRT - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

EPR Properties has a Zacks Rank of #2 (Buy), while Federal Realty Investment Trust has a Zacks Rank of #3 (Hold) right now. This means that EPR's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

EPR currently has a forward P/E ratio of 10.92, while FRT has a forward P/E of 15.55. We also note that EPR has a PEG ratio of 2.24. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. FRT currently has a PEG ratio of 2.70.

Another notable valuation metric for EPR is its P/B ratio of 2. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, FRT has a P/B of 3.09.

These metrics, and several others, help EPR earn a Value grade of B, while FRT has been given a Value grade of C.

EPR is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that EPR is likely the superior value option right now.

EPR Properties' Series E convertible preferred (EPR.PR.E) offers a materially higher yield than Series C (EPR.PR.C), driven by its ~9% coupon, despite trading at premium to its convertible value. EPR.PR.E provides a balanced profile: higher yield than Series C, equity upside optionality, and downside protection if common shares decline. Series C offers greater capital appreciation potential if EPR's common stock outperforms, but at a yield ~1.5% lower than Series E.

© Golden Dayz / Shutterstock.com

With the 10-year Treasury yielding 4.70%, income investors don’t need to reach for junk to beat the risk-free rate. The five names below all offer yields at or near 6%, all have payouts covered by earnings or cash flow, and all have kept the dividend flowing through the past several years. Safety leads; yield follows.

OneMain Holdings OneMain Holdings (NYSE:OMF | OMF Price Prediction) is a nonprime consumer lender yielding 6.7% at $65.42. The $1.05 quarterly payout ($4.20 annualized) sits well beneath trailing EPS of $6.63, and the dividend has climbed every year since 2022’s $0.95 rate.

Q2 2026 delivered adjusted EPS of $1.31 on $1.62B in revenue, with the net charge-off ratio improving to 7.77% from 8.02%. With unemployment at 4.2% and card delinquencies drifting down to 2.92%, the credit backdrop is cooperative.

Risk: any softening in the labor market would hit the nonprime book first.

Altria Group Altria Group (NYSE:MO) yields 6.21% at $68.16, backed by one of the longest raise streaks on the market: 60 increases in the past 56 years. The current $1.06 quarterly payout ($4.24 annualized) is covered by reaffirmed FY2026 adjusted EPS guidance of $5.56 to $5.72.

Marlboro’s smokeable segment still throws off enormous cash: $2.68B of Q1 operating income at a 65.1% margin.

Risk: domestic cigarette volumes fell about 10% in FY2025, and negative book equity leaves no cushion if cash generation stumbles.

Energy Transfer Energy Transfer (NYSE:ET) is a midstream MLP yielding 6.6% at $20.33. The partnership just declared its 19th consecutive quarterly distribution increase, taking it to $0.34 per unit ($1.36 annualized). Q2 2026 was a blowout: EPU of $0.59 beat estimates by 60%, adjusted EBITDA hit $5.07B, and management raised full-year EBITDA guidance to $18.8B to $19.1B. Distributable cash flow easily covers the payout.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Altria didn't make the cut. Grab the names FREE today.

Risk: MLPs issue K-1s, and $947M in Q1 interest expense reflects the debt supporting growth capex.

VICI Properties VICI Properties (NYSE:VICI) yields 6.83% at $26.59, the highest in the group. The $0.45 quarterly dividend ($1.80 annualized) is comfortably supported by FY2026 AFFO guidance of $2.45 to $2.47 per share.

The gaming net-lease REIT runs at 100% occupancy with a 39.6-year weighted average lease term and 2% annual escalators. VICI has raised the payout every year since IPO, most recently from $0.4325 to $0.45 in Q4 2025.

Risk: Caesars and MGM combine for roughly 70% of rent.

EPR Properties EPR Properties (NYSE:EPR) is the monthly payer, yielding 5.8% at $61.22. The experiential REIT raised the monthly dividend to $0.31 from $0.295 in early 2026, taking the annualized rate to $3.72. That’s well inside raised FY2026 FFOAA guidance of $5.41 to $5.57. The portfolio is 99% leased across 335 properties with 2.0x coverage, and Q2 2026 AFFO/share grew 15.3%.

Risk: Topgolf and AMC each represent 13.1% of rent, and $629.6M in senior notes mature in 2026.

The bottom line  Five different sectors, five different risk profiles, one shared trait: each dividend is earned, not borrowed. Investors get roughly 130 basis points over the 10-year Treasury with genuine coverage behind the checks. For income portfolios starved of yield without the risk of a cut, this is the shelf worth shopping.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Altria didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Not every REIT deserves the recent rally. AI could make some property risks worse. Two popular high-yield REITs look too risky.

HomeDividends AnalysisREITs AnalysisReal Estate Analysis

SummaryEPR has just shared amazing Q2 results.I'm upgrading EPR to a buy because I found some game-changing news.EPR achieved a post-COVID record for investment activity, with $440M deployed at an attractive 8.5% cap rate, yielding a 1.1% investment spread.Portfolio diversification improved, with theater exposure dropping to about one-third of ABR and 99% of properties leased/operated.Double-digit AFFO per share growth and a 5.8% yield support continued dividend increases, offering double-digit total return potential. sitox/E+ via Getty Images

I'm sure many of you already know that I love EPR Properties (EPR). I even have a sentiment about it. Because it was the first stock I covered for Seeking Alpha. It was May 2024 when

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of EPR, VICI, GLPI, NNN, ADC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information, opinions, and thoughts included in this article do not constitute an investment recommendation or any form of investment advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

EPR Properties (EPR) Q2 2026 Earnings Call July 30, 2026 8:30 AM EDT

Company Participants

Brian Moriarty - Senior Vice President of Corporate Communications
Gregory Silvers - President, CEO & Board Chair
Benjamin Fox - Chief Investment Officer & Executive VP
Mark Peterson - Executive VP, CFO & Treasurer

Conference Call Participants

Jana Galan - BofA Securities, Research Division
John Kilichowski
Rob Stevenson
Nicholas Joseph - Citigroup Inc., Research Division
Michael Carroll - RBC Capital Markets, Research Division
Spenser Allaway - Green Street Advisors, LLC, Research Division
Upal Rana - KeyBanc Capital Markets Inc., Research Division

Presentation

Operator

Hello, and welcome to the EPR Properties Q2 2026 Earnings Call. [Operator Instructions] Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time.

I will now hand the call over to Brian Moriarty, Senior Vice President of Corporate Communications.

Brian Moriarty
Senior Vice President of Corporate Communications

Thank you. Thanks for joining us today for our second quarter 2026 earnings call and webcast. Participants on today's call are Greg Silvers, Chairman and CEO; Ben Fox, Executive Vice President and CIO; and Mark Peterson, Executive Vice President and CFO.

I'll start the call by informing you that this call may include forward-looking statements as defined in the Private Securities Litigation Act of 1995, identified by such words as will be, intend, continue, believe, may, expect, hope, anticipate or other comparable terms. The company's actual financial condition and the results of operations may vary materially from those contemplated by such forward-looking statements.

Discussion of these factors that could cause results to differ materially from these forward-looking statements are contained in the company's SEC filings, including the company's reports on Form 10-K and 10-Q. Additionally, this call will contain references to certain non-GAAP measures, which we believe are useful in evaluating the company's performance.