As part of building your stock portfolio for consistent dividend payments, you may be looking at stocks with long payment histories. To help you fill your dividend income calendar here are 18 Dividend Aristocrat stocks that pay dividends in January, April, July, and October.
As you’re building your dividend portfolio, knowing the common patterns and schedules that companies pay their dividends is helpful. For Dividend Aristocrats, which have a history of paying and increasing their dividends for 25+ years, their schedules are usually consistent year over year.
To begin your research to create a portfolio that pays you monthly, here is a list of 18 Dividend Aristocrat stocks that pay dividends in January, April, July, and October.
- Automatic Data Processing (ADP)
- Albemarle Corporation (ALB)
- Franklin Resources (BEN)
- Brown-Forman (Class B shares) (BF.B)
- Cardinal Health Inc. (CAH)
- Chubb Limited (CB)
- CH Robinson Worldwide Inc (CHRW)
- Cincinnati Financial Corp (CINF)
- Ecolab Inc (ECL)
- Essex Property Trust (ESS)
- Federal Realty Investment Trust (FRT)
- Genuine Parts Company (GPC)
- Illinois Tool Works (ITW)
- Kimberly-Clark (KMB)
- Leggett & Platt (LEG)
- Medtronic (MDT)
- McCormick & Company (MKC)
- Roper Technologies (ROP)
- Sysco (SYY)
This list will help you start your research. You should not buy a stock just because it pays at the right time or skip a stock because it doesn’t payout in the months you want. Continue to dig into each of these stocks below to understand what industries they’re in and where they are headquartered.
One quick note I should mention. I’m not a licensed financial planner or financial advisor. The content on this website should be considered for information purposes and should not be considered investment advice. Always do your own research before making financial decisions. Or check with your favorite financial professional for additional information on what’s best to do for your situation.
The 4 Common Dividend Payout Schedules
There are four common patterns that companies use when paying out quarterly dividends. When you’re planning your dividend portfolio knowing these schedules can be useful to align your monthly income to each month of the year.
The 4 common dividend payment schedules align to the month of the quarter for which the dividends are distributed:
- January, April, July, October
- February, May, August, November
- March, June, September, December
Owning one stock within each of the following patterns will allow you to be paid dividends monthly. One thing to keep in mind is that payouts that occur at the very end or beginning of a month, sometimes the payment shifts to the opposite month by a day or two.
While it’s not something you have control over, this could mean a December/January payment shifting months with an impact on your income taxes.
Remember to always do your research into a company before purchasing shares. Just because the payment schedules fit a whole in your portfolio doesn’t mean it’s the right investment for the moment, even with a buy-and-hold strategy. You may be able to find a more efficient stock to buy at the time.
And as part of your research double-check the historical payout schedule as well. It’s possible the company won’t 100% follow its past payment schedule in the future or a pattern has been incorrectly assigned to a stock.
18 of the Dividend Aristocrats generally pay according to the pattern: January, April, July, and October.
Dividend Aristocrat stocks that pay dividends in January, April, July, and October
The 18 dividend aristocrat stocks that typically pay the first month of each quarter as of September 2021 are:
Automatic Data Processing (ADP)
Automatic Data Processing, founded in 1949, is headquartered in Roseland, New Jersey. It provides cloud-based human capital management solutions worldwide, operating in two segments: Employer Services and Professional Employer Organization.ADP typically increases its dividend in April.
- Sector: Information technology
- Industry: Data Processing and Outsourced Services
Albemarle Corporation (ALB)
Albemarle Corporation, founded in 1887, is headquartered in Charlotte, North Carolina. It develops, manufactures, and markets engineered specialty chemicals worldwide. Albemarle typically increases its dividend in April
- Sector: Materials
- Industry: Specialty Chemicals
Franklin Resources (BEN)
Franklin Resources, founded in 1947, is based in San Mateo, California. It is an asset management holding company that provides services to individuals, institutions, pension plans, trusts, and partnerships. Franklin Resources typically increases its dividend in January
- Sector: Financials
- Industry: Asset Management and Custody Banks
Brown-Forman (Class B shares) (BF.B)
Brown-Forman Corporation, founded in 1870, is headquartered in Louisville, Kentucky. It together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It typically increases its dividend in January.
- Sector: Consumer Staples
- Industry: Distillers and Vintners
Cardinal Health Inc. (CAH)
Cardinal Health, founded in 1979, is headquartered in Dublin, Ohio. It is an integrated healthcare services and products company that provides customized solutions for hospitals, ambulatory surgery centers, healthcare systems, physician offices, patients in the home, pharmacies, and clinical laboratories. It typically increases its dividend in July.
- Sector: Health Care
- Industry: Health Care Distributors
Chubb Limited (CB)
Chubb Limited, incorporated in 1985, is headquartered in Zurich, Switzerland. It provides insurance and reinsurance products worldwide. It typically increases its dividend in July.
- Sector: Financials
- Industry: Property and Casualty Insurance
Cincinnati Financial Corp (CINF)
Cincinnati Financial Corp, founded in 1950, is headquartered in Fairfield, Ohio. It provides property-casualty insurance products in the United States. Cincinnati Financial Corp typically increases its dividend in April.
- Sector: Financials
- Industry: Property and Casualty Insurance
Ecolab Inc (ECL)
Ecolab Inc, founded in 1923, is headquartered in St. Paul, Minnesota. It provides water, hygiene, and infection prevention solutions and services worldwide. Ecolab typically increases its dividend in January.
- Sector: Materials
- Industry: Specialty Chemicals
Essex Property Trust (ESS)
Essex Property Trust, founded in 1971, is headquartered in San Mateo, California. It is a real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. It typically increases its dividend in April.
- Sector: Real Estate
- Industry: Residential REITs
Federal Realty Investment Trust (FRT)
Federal Realty Investment Trust, founded in 1962, is headquartered in North Bethesda, Maryland. It owns, operates, and redevelops high-quality retail-based properties located primarily in major coastal markets. It typically increases its dividend in October.
- Sector: Real Estate
- Industry: Retail REITs
Genuine Parts Company (GPC)
Genuine Parts Company, founded in 1928, is headquartered in Atlanta, Georgia. It distributes automotive replacement parts, and industrial parts and materials. It typically increases its dividend in April.
- Sector: Consumer Discretionary
- Industry: Distributors
Illinois Tool Works (ITW)
Illinois Tool Works, founded in 1912, is headquartered in Glenview, Illinois. It manufactures and sells industrial products and equipment worldwide. It typically increases its dividend in October.
- Sector: Industrials
- Industry: Industrial Machinery
Kimberly-Clark (KMB)
Kimberly-Clark, founded in 1872, is headquartered in Dallas, Texas. It manufactures and markets personal care and consumer tissue products worldwide together with its subsidiaries. It typically increases its dividend in April.
- Sector: Consumer Staples
- Industry: Household Products
Medtronic (MDT)
Medtronic, founded in 1949, is headquartered in Dublin, Ireland. It develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide. It typically increases its dividend in July.
- Sector: Health Care
- Industry: Health Care Equipment
McCormick & Company (MKC)
McCormick & Company, founded in 1889, is headquartered in Hunt Valley, Maryland. It manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It typically increases its dividends in January.
- Sector: Consumer Staples
- Industry: Packaged Foods and Meats
Roper Technologies (ROP)
Roper Technologies, incorporated in 1981, is based in Sarasota, Florida. It designs and develops software, and engineered products and solutions. It typically increases its dividend in January.
- Sector: Industrials
- Industry: Industrial Conglomerates
Sysco (SYY)
Sysco, incorporated in 1969, is headquartered in Houston, Texas. It engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry through its subsidiaries. It typically increases its dividend in January.
- Sector: Consumer Staples
- Industry: Food Distributors
Wrapping up. How are you planning to research stocks that dividends in January, April, July, and October?
Of the currently 65 Dividend Aristocrats, 18 follow January, April, July, and October dividend payout schedule. 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.
Remember always do your own research first before buying a stock. Just because a company has consistently paid a dividend for 25 years or more, it doesn’t guaranty that it will always happen in the future. It’s also possible there is a better company to invest in at a specific moment. Find the best ways to be efficient when investing your money.
Are you considering Dividend Aristocrats and their specific payout schedules as part of your dividend investing strategy?
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