Most people are on a monthly income and expense cycle. They get paid a relatively steady amount each month to cover their recurring expenses.

Unfortunately, that frequency doesn't align with most dividend stocks, which pay on a quarterly cycle. You'd need to carefully select those with dividend payments in offsetting quarterly cycles to achieve a relatively steady monthly passive income stream to cover expenses.

However, some companies pay monthly dividends, making it easier to match recurring expenses with monthly cash flows. Agree Realty (NYSE: ADC), EPR Properties (NYSE: EPR), Stag Industrial (NYSE: STAG), and Realty Income (NYSE: O) are four of the best monthly dividend stocks. They offer high-yielding dividends that they should be able to sustain (and grow) over the long term. Here's what makes them ideal passive income investments. 

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Source Fool.com