Yes, this stock pays a monthly dividend. I think the normal dividend is ex dated on the 15th of each month. I have been holding this stock for a while now and collected the special dividend in Jan. In jan i was paid 2 dividends. The first being the normal monthly dividned and then later i recieved the special dividend. With the special diviends in this company the yeild far exceeds whats it actually shows and its a cash machine.