The Complete List of Monthly Dividend ETFs Paying 3%-Plus Distributions

While exchange-traded funds (ETFs) offer easy diversification and straightforward trading monthly dividend ETFs provide the additional benefit of a steady cash flow for income-seeking investors.

This is especially beneficial to fixed-income investors who rely on this cash flow to cover their monthly living expenses. Another group that can benefit greatly from monthly dividend ETFs  are part-time investors who already have a steady source of income. Professional investors have the time and resources to perform in-depth market analysis. However, many individual investors with full-time employment aim to choose the best equities for their portfolio without committing significant amounts of time and resources into equity research.

Traditionally, these part-time investors would invest in mutual funds. However, because of several advantages over mutual funds, ETF’s – and especially monthly dividend ETFs – have been gaining popularity as the investment vehicle of choice.

ETF shares are easy to acquire as they trade like stocks. Additionally, ETFs also offer better liquidity and tax advantages over mutual funds. Below is a list of that currently offer distributions in excess of 3%. The list of monthly dividend ETFs is sorted in ascending order by the ETF’s current distribution yield.

iShares iBonds Dec 2023 Term Corporate ETF (NYSE:IBDO)

Distribution Yield: 3.02%

November 13, 2019 Closing Price: 25.5

First Dividend Paid: 2015

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 9.23%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Distribution Yield: 3.02%

November 13, 2019 Closing Price: 51.92

First Dividend Paid: 2014

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 10.25%

iShares Aaa – A Rated Corporate Bond ETF (NYSE:QLTA)

Distribution Yield: 3.02%

November 13, 2019 Closing Price: 54.24

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: 12.92%

WisdomTree Negative Duration US Aggregate Bond Fund (NASDAQ:AGND)

Distribution Yield: 3.04%

November 13, 2019 Closing Price: 41.4

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 3 years

Total One-Year Return: -3.85%

BulletShares 2023 Corporate Bond ETF (NYSE:BSCN)

Distribution Yield: 3.06%

November 13, 2019 Closing Price: 21.26

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 8.76%

US Divid Ex-Financials Fund (NYSE:DTN)

Distribution Yield: 3.08%

November 13, 2019 Closing Price: 90.23

First Dividend Paid: 2006

Consecutive Annual Dividend Hikes: 5 years

Total One-Year Return: 8.98%

iShares Short Term Corporate Bond ETF (NASDAQ:IGSB)

Distribution Yield: 3.08%

November 13, 2019 Closing Price: 53.56

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 4 years

Total One-Year Return: 7.17%

WisdomTree Yield Enhanced US Aggregate Bond Fund (NYSE:AGGY)

Distribution Yield: 3.10%

November 13, 2019 Closing Price: 51.95

First Dividend Paid: 2015

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 12.46%

SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSE:ITR)

Distribution Yield: 3.10%

November 13, 2019 Closing Price: 35.14

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 10.10%

SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSE:SPIB)

Distribution Yield: 3.10%

November 13, 2019 Closing Price: 35.14

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 10.10%

SPDR FTSE Intl Govt Inflation-Protected Bond ETF (NYSE:WIP)

Distribution Yield: 3.11%

November 13, 2019 Closing Price: 54.09

First Dividend Paid: 2008

Consecutive Annual Dividend Hikes: 3 years

Total One-Year Return: 6.98%

Investment Grade Floating Rate ETF (NYSE:FLTR)

Distribution Yield: 3.16%

November 13, 2019 Closing Price: 25.29

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 4 years

Total One-Year Return: 3.46%

iShares iBonds Dec 2024 Term Corporate ETF (NYSE:IBDP)

Distribution Yield: 3.17%

November 13, 2019 Closing Price: 25.58

First Dividend Paid: 2015

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 10.76%

BulletShares 2024 Corporate Bond ETF (NYSE:BSCO)

Distribution Yield: 3.23%

November 13, 2019 Closing Price: 21.37

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 10.70%

SPDR Ptf Mortgage Backed Bond ETF (NYSE:MBG)

Distribution Yield: 3.24%

November 13, 2019 Closing Price: 26.2

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.00%

SPDR Portfolio Mortgage Backed Bond ETF (NYSE:SPMB)

Distribution Yield: 3.24%

November 13, 2019 Closing Price: 26.2

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.00%

iShares iBonds Dec 2025 Term Corporate ETF (NYSE:IBDQ)

Distribution Yield: 3.25%

November 13, 2019 Closing Price: 25.81

First Dividend Paid: 2015

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 12.64%

iShares iBonds Dec 2026 Term Corporate ETF (NYSE:IBDR)

Distribution Yield: 3.32%

November 13, 2019 Closing Price: 25.33

First Dividend Paid: 2016

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: 14.21%

US High Dividend Fund (NYSE:DHS)

Distribution Yield: 3.34%

November 13, 2019 Closing Price: 75.79

First Dividend Paid: 2006

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 10.82%

iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSE:LQD)

Distribution Yield: 3.35%

November 13, 2019 Closing Price: 126.17

First Dividend Paid: 2002

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 16.41%

iBonds Dec 2027 Term Corporate ETF (NYSE:IBDS)

Distribution Yield: 3.38%

November 13, 2019 Closing Price: 25.72

First Dividend Paid: 2017

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 14.67%

Long Term Bond ETF (NYSE:BLV)

Distribution Yield: 3.41%

November 13, 2019 Closing Price: 99.58

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 22.13%

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT)

Distribution Yield: 3.42%

November 13, 2019 Closing Price: 90.67

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 14.00%

iShares Broad USD Inv Grade Corporate Bond ETF (NASDAQ:USIG)

Distribution Yield: 3.43%

November 13, 2019 Closing Price: 57.73

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 13.58%

SPDR Ptf Corporate Bond ETF (NYSE:SPBO)

Distribution Yield: 3.52%

November 13, 2019 Closing Price: 33.51

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 3 years

Total One-Year Return: 14.22%

iShares Intermediate Term Corporate Bond ETF (NASDAQ:IGIB)

Distribution Yield: 3.59%

November 13, 2019 Closing Price: 57.6

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: 14.29%

iShares Core 10+ Year USD Bond ETF (NYSE:ILTB)

Distribution Yield: 3.59%

November 13, 2019 Closing Price: 67.45

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 21.75%

Taxable Mun Bond ETF (NYSE:BAB)

Distribution Yield: 3.81%

November 13, 2019 Closing Price: 31.78

First Dividend Paid: 2010

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 14.25%

High Yield Equity Diviend Achievers ETF (NASDAQ:PEY)

Distribution Yield: 3.81%

November 13, 2019 Closing Price: 18.35

First Dividend Paid: 2005

Consecutive Annual Dividend Hikes: 5 years

Total One-Year Return: 8.75%

SPDR Portfolio Long Term Corporate Bond ETF (NYSE:SPLB)

Distribution Yield: 3.90%

November 13, 2019 Closing Price: 29.46

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 21.86%

iShares Long Term Corporate Bond ETF (NYSE:IGLB)

Distribution Yield: 3.92%

November 13, 2019 Closing Price: 65.29

First Dividend Paid: 2010

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: 21.73%

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT)

Distribution Yield: 3.92%

November 13, 2019 Closing Price: 99.43

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 22.58%

SPDR Nuveen Bloomberg Barclays High Yield Mun Bond ETF (NYSE:HYMB)

Distribution Yield: 4.00%

November 13, 2019 Closing Price: 58.8

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.94%

BulletShares 2019 High Yield Corporate Bond ETF (NYSE:BSJJ)

Distribution Yield: 4.06%

November 13, 2019 Closing Price: 23.92

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 3.01%

Fundamental High Yield Corporate Bond ETF (NYSE:PHB)

Distribution Yield: 4.10%

November 13, 2019 Closing Price: 19.03

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 8.77%

S&P 500 High Divid Low Volatility ETF (NYSE:SPHD)

Distribution Yield: 4.13%

November 13, 2019 Closing Price: 42.89

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 8.42%

Wisdom Emerging Markets Corporate Bond Fund (NASDAQ:EMCB)

Distribution Yield: 4.24%

November 13, 2019 Closing Price: 72.56

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 10.85%

Nuveen Pennsylvania Quality Municipal Income Fund (NYSE:NQP)

Distribution Yield: 4.26%

November 13, 2019 Closing Price: 14.08

First Dividend Paid: 1991

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 18.90%

BulletShares 2020 High Yield Corporate Bond ETF (NYSE:BSJK)

Distribution Yield: 4.56%

November 13, 2019 Closing Price: 23.92

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 4.27%

Emerging Markets Government Bond Index Fund ETF (NASDAQ:VWOB)

Distribution Yield: 4.64%

November 13, 2019 Closing Price: 79.6

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 12.39%

Emerging Markets Aggregate Bond ETF (NYSE:EMAG)

Distribution Yield: 4.74%

November 13, 2019 Closing Price: 21.5

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 12.49%

Bloomberg Barclays Emerging Markets Local Bond ETF (NYSE:EBND)

Distribution Yield: 4.85%

November 13, 2019 Closing Price: 27.22

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 10.06%

Intl High Yield Bond ETF (NYSE:IHY)

Distribution Yield: 4.86%

November 13, 2019 Closing Price: 24.68

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.20%

Emerging Markets Sovereign Debt ETF (NYSE:PCY)

Distribution Yield: 4.92%

November 13, 2019 Closing Price: 28.84

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 15.45%

Wells Fargo Preferred Stock ETF (NYSE:PSK)

Distribution Yield: 4.94%

November 13, 2019 Closing Price: 43.76

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 12.00%

Emerging Markets Local Debt Fund (NYSE:ELD)

Distribution Yield: 5.12%

November 13, 2019 Closing Price: 34.76

First Dividend Paid: 2010

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: 11.64%

Senior Loan ETF (NYSE:BKLN)

Distribution Yield: 5.14%

November 13, 2019 Closing Price: 22.59

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 2.95%

Bloomberg Barclays Convertible Securities ETF (NYSE:CWB)

Distribution Yield: 5.14%

November 13, 2019 Closing Price: 53.67

First Dividend Paid: 2009

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 11.86%

iShares iBoxx $ High Yield Corporate Bond ETF (NYSE:HYG)

Distribution Yield: 5.19%

November 13, 2019 Closing Price: 86.73

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 9.00%

BulletShares 2021 High Yield Corporate Bond ETF (NYSE:BSJL)

Distribution Yield: 5.22%

November 13, 2019 Closing Price: 24.54

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 5.98%

Global Short Term High Yield Bond ETF (NYSE:PGHY)

Distribution Yield: 5.26%

November 13, 2019 Closing Price: 22.81

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 3.08%

Fallen Angel High Yield ETF (NYSE:ANGL)

Distribution Yield: 5.41%

November 13, 2019 Closing Price: 29.19

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 10.93%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB)

Distribution Yield: 5.43%

November 13, 2019 Closing Price: 111.87

First Dividend Paid: 2008

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 13.29%

iShares 0-5 Years High Yield Corporate Bond ETF (NYSE:SHYG)

Distribution Yield: 5.48%

November 13, 2019 Closing Price: 46.13

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 6.08%

BulletShares 2022 High Yield Corporate Bond ETF (NYSE:BSJM)

Distribution Yield: 5.52%

November 13, 2019 Closing Price: 24.26

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 5.93%

SPDR Portfolio High Yield Bond ETF (NYSE:SPHY)

Distribution Yield: 5.55%

November 13, 2019 Closing Price: 25.95

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.54%

Interest Rate Hedged High Yield Bond Fund (NASDAQ:HYZD)

Distribution Yield: 5.58%

November 13, 2019 Closing Price: 22.95

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 1.88%

iShares Preferred & Income Securities ETF (NASDAQ:PFF)

Distribution Yield: 5.61%

November 13, 2019 Closing Price: 37.26

First Dividend Paid: 2007

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 9.59%

Bloomberg Barclays Short Term High Yield Bond ETF (NYSE:SJNK)

Distribution Yield: 5.73%

November 13, 2019 Closing Price: 26.72

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 5.05%

Negative Duration High Yield Bond Fund (NASDAQ:HYND)

Distribution Yield: 6.02%

November 13, 2019 Closing Price: 18.62

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 3 years

Total One-Year Return: -7.57%

Multi-Asset Diversified Inc Index Fund (NASDAQ:MDIV)

Distribution Yield: 6.11%

November 13, 2019 Closing Price: 18.49

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 8.18%

Emerging Markets High Yield Bond ETF (NYSE:HYEM)

Distribution Yield: 6.21%

November 13, 2019 Closing Price: 23.34

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.19%

Global X Super Income Preferred ETF (NYSE:SPFF)

Distribution Yield: 6.22%

November 13, 2019 Closing Price: 11.73

First Dividend Paid: 2012

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 8.83%

KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY)

Distribution Yield: 6.23%

November 13, 2019 Closing Price: 30.83

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 2.20%

JP Morgan Emerging Markets Local Currency Bond ETF (New) (NYSE:EMLC)

Distribution Yield: 6.52%

November 13, 2019 Closing Price: 33.12

First Dividend Paid: 2018

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 9.85%

CEF Income Composite ETF (NYSE:PCEF)

Distribution Yield: 7.18%

November 13, 2019 Closing Price: 22.84

First Dividend Paid: 2010

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 12.62%

Global X SuperDividend US ETF (NYSE:DIV)

Distribution Yield: 7.61%

November 13, 2019 Closing Price: 23.27

First Dividend Paid: 2013

Consecutive Annual Dividend Hikes: 1 year

Total One-Year Return: 1.72%

KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Distribution Yield: 8.58%

November 13, 2019 Closing Price: 21.56

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 0 years

Total One-Year Return: 5.71%

Global X Super Dividend ETF (NYSE:SDIV)

Distribution Yield: 9.18%

November 13, 2019 Closing Price: 17.1

First Dividend Paid: 2011

Consecutive Annual Dividend Hikes: 2 years

Total One-Year Return: -2.55%

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Ned Piplovic is the assistant editor of website content at Eagle Financial Publications. He graduated from Columbia University with a Bachelor’s degree in Economics and Philosophy. Prior to joining Eagle, Ned spent 15 years in corporate operations and financial management. Ned writes for www.DividendInvestor.com and www.StockInvestor.com.