These five highest-yielding monthly dividend stocks deliver gigantic passive income streams, which is a recipe for investing success.

There are countless ways to start collecting passive income. One great option is to invest in EPR Properties ( EPR 2.38%). The real estate investment trust (REIT) pays a monthly dividend that currently yields 6.5%. At that rate, a $1,000 investment would generate about $65 of dividend income each year.

The stock market is highly unpredictable. In this volatile market, dividend stocks provide a sense of stability by offering regular income. Without a doubt, high-yield dividend stocks are appealing. However,

Monthly passive income does not affect Social Security payouts. Earn up to 3.8% on your money today (and get a cash bonus); click here to see how. (Sponsored) Investing $10,000 in each of these nine companies for a total of $90,

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These stocks offer monthly dividends and high yields, making them top investments to generate solid passive income. The post My Top Monthly Dividend Stocks for Passive Income appeared first on The Motley Fool Canada.

As Wall Street's broader market averages continue to face challenges at the start of the trading week, many investors may begin to shift their focus toward high-yielding dividend stocks in an effort to secure a reliable and steady stream of income amidst the market uncertainty.