While many Real Estate Investment Trusts (REITs) distribute dividends on a quarterly basis, several popular REITs do pay monthly income. Real Estate Investment Trusts are legally required to distribute at least 90% of their taxable income to shareholders, making them favorite instruments for income-focused portfolios. Prominent monthly dividend payers include companies like Realty Income (O) and Orchid Island Capital (ORC). Investors seeking predictable monthly cash flows can deliberately curate a portfolio exclusively featuring monthly-distribution equities or blend different quarterly-paying REITs across calendar cycles.