The 18 Dividend Aristocrats listed here aren’t the only dividend payers in February. This list will assist you in beginning your search for stocks to add to your monthly dividend portfolio.
Unless stated otherwise, these stocks pay dividends in the second month of each quarter: February, May, August, and November. Payout increases differ from one firm to the next and do not follow a consistent pattern across industries.
Various industries are represented among the corporations that pay in February, ranging from health care to materials to real estate.
The following companies are among the 18 Dividend Aristocrats that pay dividends in February (based on historical payments):
** Realty Income (O) is a Real Estate Investment Trust that pays a monthly dividend (REIT). As of December 2020, it was also included to the Dividend Aristocrats list.
AbbVie Inc. (ABBV)
AbbVie Inc. is situated in North Chicago, Illinois, and was founded in 2012. It develops, manufactures, and sells medications all over the world. In the past, AbbVie Inc. has boosted its dividend in February.
Abbott Laboratories (ABT)
Abbott Laboratories, situated in North Chicago, Illinois, was founded in 1888. It develops, manufactures, and sells health-care goods all over the world. Diagnostic Products, Established Pharmaceutical Products, Medical Devices, and Nutritional Products are the four segments in which it operates. In February, Abbott Laboratories has traditionally boosted its payout.
Archer-Daniels-Midland Co (ADM)
ABM Industries Incorporated is based in New York, New York, and was formed in 1909. In the United States and worldwide, it offers comprehensive facilities solutions. The Archer-Daniels-Midland Co pays dividends in February, May, August, and November, and has raised its payout in February in the past.
A.O. Smith (AOS)
The A. O. Smith Corporation was established in 1874 and is based in Milwaukee, Wisconsin. It makes and sells gas and electric water heaters, boilers, tanks, and water treatment systems for home and commercial use. In November, A.O. Smith has traditionally boosted its payout.
Air Products & Chemicals Inc. (APD)
Air Products & Chemicals is based in Allentown, Pennsylvania, and was formed in 1940. It sells atmospheric, process, and specialized gases, as well as equipment and services, all over the world. It has traditionally boosted its dividend in May.
Caterpillar Inc. (CAT)
Caterpillar Inc. is based in Deerfield, Illinois, and was formed in 1925. It is a global manufacturer and distributor of construction and mining equipment, as well as diesel-electric locomotives, industrial gas turbines, and diesel and natural gas engines. Caterpillar’s dividend has always been raised in August.
Colgate-Palmolive (CL)
Colgate-Palmolive is based in New York, New York, and was founded in 1806. It and its subsidiaries make and market consumer goods all over the world. Oral, Personal and Home Care, and Pet Nutrition are the two business segments of Colgate-Palmolive. It has traditionally boosted its dividend in May.
The Clorox Company (CLX)
The Clorox Company is headquartered in Oakland, California, and was founded in 1913. It creates and sells consumer and professional items all over the world. Health & Wellness, Household, Lifestyle, and International are the four segments that make up the Clorox Company. It has traditionally boosted its dividend in August.
General Dynamics (GD)
General Dynamics is based in Reston, Virginia, and was founded in 1899. It is a defense and aerospace business. Aerospace, Marine Systems, Combat Systems, and Technologies are the four segments in which it operates. It has updated its dividend in May in the past.
Hormel Foods Corp (HRL)
Hormel Foods Corporation is headquartered in Austin, Minnesota, and was founded in 1891. It manufactures and distributes a variety of meat and culinary items to retail, deli, restaurant, and commercial customers in the United States and abroad. Hormel Foods raises its dividend every year in February.
Lowe’s Companies, Inc. (LOW)
Lowe’s Companies, Inc. is headquartered in Mooresville, North Carolina, and was founded in 1921. With its subsidiaries, it operates as a home improvement retailer in the United States and overseas. In August, Lowe’s usually raises its dividend.
Nucor (NUE)
Nucor was founded in 1958 and is based in Charlotte, North Carolina. It produces and sells steel and steel-related items. Steel Mills, Steel Products, and Raw Materials are Nucor’s three business segments. In February, it usually raises its dividend.
Realty Income (O)
Realty Income is based in San Diego, California, and was created in 1969. It’s a monthly dividend-paying real estate investment trust (REIT) with approximately 6,700 buildings that produce rental income from long-term lease agreements with commercial clients. It usually raises its dividend every three months.
Realty Income does not pay out dividends in the traditional way. It was added to the Dividend Aristocrats list in 2020 and normally pays out monthly.
People’s United Financial (PBCT)
People’s United Financial is based in Bridgeport, Connecticut, and was formed in 1842. It serves as the holding company for People’s United Bank, National Association, which offers retail, commercial, and wealth management services to individuals, corporations, and municipalities. In May, it usually raises its dividend.
Procter & Gamble (PG)
Procter & Gamble is headquartered in Cincinnati, Ohio, and was founded in 1837. It sells branded consumer packaged goods to people all over the world. Beauty, Fabric & Home Care, Grooming, Health Care, and Baby, Feminine & Family Care are the five segments that Procter & Gamble operates in. In May, it usually raises its dividend.
Pentair (PNR)
Pentair is based in London, United Kingdom, and was formed in 1966. It offers a variety of smart water solutions all over the world. Consumer Solutions and Industrial & Flow Technologies are two of Pentair’s business segments. In February, it usually raises its dividend.
AT&T (T)
AT&T is based in Dallas, Texas, and was founded in 1983. It is a global provider of telecommunications, media, and technology services. Communications, WarnerMedia, and Latin America are AT&T’s three business segments. In February, it usually raises its dividend.
West Pharmaceutical Services Inc (WST)
West Pharmaceutical Services is based in Exton, Pennsylvania, and was founded in 1923. It develops and manufactures injectable medicine and healthcare product containment and delivery systems. Proprietary Products and Contract-Manufactured Products are the two segments in which it operates. In November, West Pharmaceutical Services usually raises its dividend. As of December 2020, West Pharmaceutical Services has been added to the Dividend Aristocrats list.
What stock pays dividends in March?
The 27 Dividend Aristocrats that pay dividends this month have all increased their yearly dividend in March in the past. The following are the top ten dividend stocks for March:
How do I make $100 a month in dividends?
We’ll go through each of these steps for dividend investing in a moment. But first, I’d like to share a recent reader comment. In the hopes that it will motivate you to discover how to make money from dividends.
How do I make 500 a month in dividends?
So when we’re done, you’ll know exactly how to generate $500 in dividends every month. You should also be able to get started on creating your dividend income portfolio one stock at a time.
The best type of PASSIVE INCOME is dividends from dividend stocks.
After all, who couldn’t use a little additional cash to improve their situation?
As a result, there’s no reason to wait.
Let’s take a closer look at each of these five stages for setting up monthly dividend payments.
Do Tesla pay dividends?
Tesla’s common stock has never paid a dividend. We want to keep all future earnings to fund future expansion, so no cash dividends are expected in the near future.
How many dividend stocks should I own?
- For most investors, owning 20 to 60 equally-weighted stocks appears reasonable, depending on portfolio size and research time limits.
- Stocks should be spread among many sectors and industries, with no single sector accounting for more than 25% of a portfolio’s value.
- Stocks with a high level of financial leverage are more volatile and provide a higher risk to investors.
- The beta of a stock indicates how volatile it has been in relation to the market.
Are monthly dividend stocks worth it?
Dividend companies that pay out monthly dividends are appealing to income investors for a variety of reasons. Dividend-paying stocks give more consistent income and make budgeting easier, especially for individuals living off dividends in retirement.
How many shares do I need to get a dividend?
Dividends are payments made by corporations to their stockholders, which are usually in the form of cash or extra stock. Cash dividends are calculated based on the amount of shares you hold, so if you own 100 shares, you will receive 100 times the dividend as someone who owns just one share. To get the dividend, you must possess the stock prior to the ex-dividend date.
How much do I need to invest to make $1000 a month in dividends?
To earn $1000 in dividends per month, you’ll need to invest between $342,857 and $480,000, with a typical portfolio of $400,000. The exact amount of money you’ll need to invest to get a $1000 monthly dividend income is determined by the stocks’ dividend yield.
It’s your return on investment in terms of the dividends you get for your investment. Divide the annual dividend paid per share by the current share price to get the dividend yield. You get Y percent of your money back in dividends for the money you put in.
Before you start looking for greater yields to speed up the process, keep in mind that the typical advice for “normal” equities is yields of 2.5 percent to 3.5 percent.
Of course, this baseline was set before the global scenario in 2020, so the range may shift as the markets continue to fluctuate. It also assumes that you’re prepared to begin investing in the market while it’s volatile.
Let’s keep things simple in this example by aiming for a 3% dividend yield and focusing on quarterly stock payments.
Most dividend-paying equities do so four times a year. You’ll need at least three different stocks to span the entire year.
If each payment is $1,000, you’ll need to buy enough shares in each company to earn $4,000 every year.
Divide $4,000 by 3% to get an estimate of how much you’ll need to invest per stock, which equals $133,333. Then multiply that by three to get a portfolio worth about $400,000. It’s not a little sum, especially if you’re starting from the ground up.
Before you start looking for higher dividend yield stocks as a shortcut…
You may believe that by hunting for greater dividend yield stocks, you can speed up the process and lower your investment. That may be true in theory, but equities with dividend yields of more than 3.5 percent are often thought to be riskier.
Higher dividend rates, under “normal” marketing conditions, indicate that the company may have a problem. The dividend yield is increased by lowering the share price.
Look at the stock discussion on a site like SeekingAlpha to see whether the dividend is in danger of being slashed. While everyone has an opinion, be sure you’re a knowledgeable investor before deciding to accept the risk.
When the dividend is reduced, the stock price usually drops even more. As a result, both dividend income and portfolio value are lost. That’s not to suggest it happens every time, so it’s up to you to decide how much danger you’re willing to take.
How can I get 50 a month in dividends?
5 stages to build a dividend portfolio that pays out $50 each month in dividends, focusing on stocks that correspond to the 12 months of the year.
Passive income allows you to earn money while you sleep. Additionally, additional income sources assist you in achieving your broader, long-term financial objectives. Is it your long-term goal to pay off your debts with dividend income?
Allowing your dividend payments to reinvest increases your future potential earnings if you wait to spend them. Additional portfolio deposits, dividend reinvestment, and annual dividend payment increases will all improve your potential future income.
When you’re initially starting off with a dividend portfolio, $50 a month in dividends is a wonderful place to start to solidify your plan and gain confidence in your investing abilities. Also, don’t allow the procedure overwhelm you.
To achieve your goal, you’ll need a straightforward investing strategy and regular saving habits. The following are the five steps to building a dividend portfolio that will earn you $50 per month in dividends:
It takes time to build a monthly dividend portfolio of any size, especially when you’re starting from nothing. You’ll get there dividend by dividend if you have a good plan. Here’s a closer look at the processes and ideas that will help you get started on your dividend income journey.
