January: Illinois Tool Works Getty Images Market value: $55.4 billion Dividend yield: 2.5% 5-year annual dividend growth: 17.5% Payout schedule: January, April, July, October Illinois. And the same goes for the Stock Advisor from Motley Fool. And, have increased their dividend payout rates for at least 25 years in a row and counting. Its possible the company wont 100% follow its past payment schedule in the future or a pattern has been incorrectly assigned to a stock. Including Dividend Kings, Dividend Aristocrats, and Dividend Achievers. The company had over $318.2 million available in cash and cash equivalents and its operating cash flow was over $50.8 million. Then you have come to the right place. In January, Wolfe Research upgraded Covenant Logistics Group, Inc. (NASDAQ:CVLG) to Peer Perform due to the companys efficient share repurchase program. PepsiCo is one of the worlds leading beverage and snack food companies. As a result, they make great stock tips for dividend investors. Step 3: Change the filter setting to Greater Than and input 0.02 into the field beside it. Todays 10 companies that pay dividends in January, April, July, and October include: Before we go through each of these January, April, July, and October dividend payers. If/when a sterling equivalent is announced it will be shown alongside the non-sterling dividend amount. They also enjoy broad diversification across the tobacco, energy, and real estate industries. However, considering investors inclination toward dividends, over 60% of these companies reinstated their payouts through last year. As per Insider Monkeys Q4 2022 database, 9 hedge funds reported having stakes in Provident Bancorp, Inc. (NASDAQ:PVBC), up from 4 in the previous quarter. She focuses on long term passive income strategies in building a monthly dividend income portfolio. A great place to open an Individual Retirement account (IRA). GPC is a January dividend stock. Sometimes they are referred to as dividend growth stocks. Cisco is a dominant player in computer networking equipment and services. Finally, look for stocks that represent a good value. 52-week high: $73.88. To receive dividends every month, you will need to own stocks that pay during different months. It typically increases its dividend in October. Or consider building your position with a number of smaller purchases over time. But just a reminder. At the end of December 2022, 22 hedge funds tracked by Insider Monkey owned stakes in Herc Holdings Inc. (NYSE:HRI), compared with 25 in the previous quarter. Basswood Capital was the leading stakeholder of the company in Q4. Step 3: Change the filter setting to "Greater Than" and input 0.03 into the field beside it, as shown below. KEY POINTS. But it is one of the relatively few high-quality stocks that pay dividends monthly. Ecolab typically increases its dividend in January. REITs acquire properties. Followed by some important thoughts about dividend investing. Finally, all written content is the property of Dividends Diversify LLC. Finally, when I say suitable for their financial situation. The report also cited data from Ned Davis Research and mentioned that since 1979, dividend payers outpaced other asset classes in periods when 10-year Treasury is rising. Step 2: Click the filter icon at the top of the price-to-earnings ratio column, as shown below. The more stock you own, the more you can make from dividends. The stakes owned by these hedge funds have a total value of $268.5 million. So, there is no reason for delay. Would be a nice addition to a dividend portfolio. Looking to increase your dividends in this month of January? January, April, July, October: GBP: quarterly paying UK dividend stocks. The companys operating cash flow for the quarter came in at $195 million. I believe it will make millions of Americans vastly wealthier. Annual dividend: $2.00. Whatever your case may be. Through December 2022, the company paid nearly $4.3 million to shareholders in dividends. And have owned ever since. They are stocks that pay dividends quarterly as a matter of policy. Johnson & Johnson also earned the title of . The collective value of these stakes is over $385.2 million. Next, as promised, and before we wrap up, To round yourself out as a dividend investor and build up your dividend portfolio for monthly dividends, consider these key additional best practices. In addition, Herc provided mixed results for its first quarter, including profitability falling below expectations as determined by the consensus of analysts at financial services firms. On the other hand, companies like ITW are more exposed to the ups and downs of the economic cycles. . Since then, the company has not announced a hike in its dividend. Thus, neither I nor Dividends Diversify can be held liable for losses suffered by any party because of the information published on this website. The company currently pays a quarterly dividend of $0.05 per share and has a dividend yield of 2.44%, as of March 2. The record dates for receipt of dividend are proposed to be 31 March 2023, 30 June 2023, 2 October 2023 and 8 January 2024, respectively. Albemarle typically increases its dividend in April Disclosure: Former stockholder. Upcoming Dividends Earlier Dividends. The timing of each companys ex-dividend date is different. And doing so by percentages in the high single digits. For example, the company operates in a variety of segments. Medtronic is a global healthcare solutions company. This makes Philip Morris a January dividend payer. And I find its one of those great dividend stocks that fly below most investors line of sight. More importantly, Altria is not just a Dividend Aristocrat. That is if you want to make money from dividends in January. Of course, every stock on the list is a January dividend payer. But the good ones know how to manage through it. Paying consistent growing dividends. For Dividend Aristocrats, which have a history of paying and increasing their dividends for 25+ years, their schedules are usually consistent year over year. Shell and Unilever), but I suspect that there are many more of these: Google Ticker Company Name ISIN Payment Months . Thus, neither I nor Dividends Diversify can be held liable for losses suffered by any party because of the information published on this website. Lowest priced five MoPay dividend stocks estimated as of October 20 were: Broadmark Realty Capital Inc; Ellington Residential Mortgage REIT; PermRock Realty Trust; AGNC Investment Corp;. The temporary shutdown of dining establishments during the pandemic hurt Syscos business. Next, we have M1 Finance. However, I am not a licensed investment adviser, financial counselor, real estate agent, or tax professional. This means they are companies that are part of the S&P 500 stock market index. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Currently suppressed stock prices offer a wonderful opportunity for our commodity businesses to buy back their own shares. February: Valero. It is an excellent resource. U.S. stocks typically distribute cash dividends, for example, if a shareholder owns 100 shares of stock and the company pays out a $0.50 quarterly dividend, the shareholder would receive $50 each . With a solid long-term track record. So, I would like to point out some of the resources Ive used. ADP provides payroll processing and human capital management services for its clients. The good news is, this powerful new force can help you make a lot of money even in a bear market. This strategy is good for stocks which have a high dividend yield. Okay. Chubb is a global provider of insurance products and services for businesses, individuals, and families. Thinkstock. earned ratably and pays dividends of 60X on each of April 30 July 31 October 31 from TAXATION 2011 at Far Eastern University If you choose one stock from this schedule along with one stock from the other two schedules, you can build a portfolio that pays you dividends monthly. Walmart is a large retailer of goods and services. And, another Dividend Aristocrat. Payment Date. Laboratory Corporation of America Holdings (NYSE:LH) started paying dividends in April 2022 with a per-share payout of $0.72 every quarter. These stocks have a few other things in common. But, known as the Monthly Dividend Company. It's almost on the 1st Month of a Quarter schedule except the January dividend is paid in December. To help you fill your dividend income calendar here are 18 Dividend Aristocrat stocks that pay dividends in January, April, July, and October. Stag's dividend payout ratio is about 110%, down from the . He launched his hedge fund in 1956 with $105,100 in seed capital. You can get rich by returning 20% per year and compounding that for several years. It manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. ChampionX Corporation (NASDAQ:CHX) is an American company that specializes in energy solutions. The company had over $53 million available in cash and cash equivalents at the end of December, up from $35 million in 2021. Because GPC is a Dividend King. Thus, proudly earning the right to be called a sin stock. These stocks not only pay dividends in January, April, July, and October. The stock has a dividend yield of 1.06%, as of March 2. And will likely become a Dividend King. Kimberly Clark is a Dividend Aristocrat stock. Stock Scans. Sector: Financials First Dividend Paid: 2008 Consecutive Annual Dividend Hikes: 0 years Monthly Dividend: $0.12 Annualized Payout: $1.44 Market Cap: $6.51B Latest Close Stock Price: $11.39 secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. A special dividend is a cash payment made by a company to its shareholders that is separate from any regular dividend the company is currently paying. I would like to emphasize one specific point. I do own enough stocks such that I get paid dividends every month. Furthermore, todays list includes some other top stocks that pay dividends. No longer just a pure play on the tobacco industry. A slight deviation from the typical pattern of the other quarterly dividend stocks discussed today. As part of a portfolio consolidation and cleanup effort. While its not something you have control over, this could mean a December/January payment shifting months with an impact on your income taxes. Plus modest growth from rent increases. Nearly 190 companies ceased their dividends during that year, according to S&P Global Market Intelligence data. Most noteworthy, Walmart is another one of the Dividend Aristocrats. So be sure to check for any changes. But again, think and invest for yourself. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. Located in highly visible areas that have lots of traffic. Im here only to share my thoughts about essential topics for success. It has a current yield of around 3.3%. Please send any feedback, corrections, or questions to support@suredividend.com. ): 5.61% Inception Date: 3/11/13 Price as of August 2022: $21,00. The companys clients can focus on their business. The company started paying dividends to investors way back in 1981. Such as: Also, a few random thoughts on each company and its stock. Why they pay dividends in this manner is up for debate. Since then, it has raised its payouts twice. BMO Capital raised its price target on Algoma Steel Group Inc. (NASDAQ:ASTL) to C$15 in February and maintained an Outperform rating on the shares. More specifically, well show you how to apply two screens. The company started paying dividends in March 2020 and currently pays a quarterly dividend of $0.04 per share. It has raised its payout once since then. Previously overlooked dividend equities remained their top priorities due to their ability to generate stable and regular income. Disclosure: Current stockholder. To pay a higher dividend rate per share. It is to make a consistent stream of monthly dividends. Yield (as of March 25): 3.6%. Specifically, each of these 10 great companies paying dividends in January, April, July, and October. INVEST NOW. Just because the payment schedules fit a whole in your portfolio doesnt mean its the right investment for the moment, even with a buy-and-hold strategy. See the latest recent and upcoming initial public offerings. According to Insider Monkeys Q4 2022 database, 36 hedge funds owned stakes in Royalty Pharma plc (NASDAQ:RPRX), growing from 29 in the previous quarter.