3 Best High-Yield Monthly Dividend Stocks to Buy Now in July 2022 Hoist your groceries up into a tree and get out the bear mace. We’re going hunting for bargains in this downtrodden market. And one of the best ways to fortify a portfolio during any bear market is with the best high-yield dividend paying stocks . The higher the yield, the better. And stocks that pay dividends on a monthly rather than quarterly or yearly basis is also preferred. While share prices might be deflating across the board, investors can still reap benefits from stocks that payout a hefty dividend every 30 days. For investors who are retired, monthly dividend stocks can provide a regular and predictable source of income. Reinvested dividends are a great way to pad and grow a portfolio over time. 7 Best Small-Cap Growth Stocks to Buy Now With all this in mind, consider the following three high-yield monthly dividend stocks to buy in July that will help to strengthen your investment portfolio regardless of the prevailing market conditions. Ticker Company Current Price PBA Pembina Pipeline Corporation $35.99 HRZN Horizon Technology Finance Corporation $12.08 SBR Sabine Royalty Trust $62.91 Best High-Yield Monthly Dividend Stocks: Pembina Pipeline Source: Shutterstock Based in Calgary, Alberta, Pembina Pipeline (NYSE: PBA ) specializes in the transportation and storage of crude oil from Canada’s massive northern oil sands reserves down to the Gulf of Mexico in the U.S.