Top Dividend Aristocrat Stocks Paying Dividends Quarterly
You have found the place for 9 Dividend Aristocrat stocks that pay dividends in February, May, August, and November. Let’s check them out right now.
Stocks that Pay Dividends In February, May, August, And November
| Company | Symbol | Sector |
| 1. Abbot Labs | ABT | Health Care |
| 2. Air Products | APD | Materials |
| 3. Caterpillar | CAT | Industrials |
| 4. Clorox | CLX | Consumer Staples |
| 5. Colgate-Palmolive | CL | Consumer Staples |
| 6. General Dynamics | GD | Industrials |
| 7. Hormel Foods | HRL | Consumer Staples |
| 8. Lowe’s | LOW | Consumer Discretionary |
| 9. Procter & Gamble | PG | Consumer Staples |
Next, I will highlight some critical features for these outstanding companies paying dividends in February, May, August, and November.
Disclosure: At no cost to you, I may get commissions for purchases made through links in this post.
1. Abbott Labs (ABT)
Abbott is a diversified healthcare company operating in the following segments:
- Nutritional products
- Pharmaceuticals
- Diagnostic testing
- Medical devices
The pharmaceutical segment remains relatively small since the spin-off of pharma company AbbVie into a stand-alone business.
Abbott typically has a lower dividend yield. But makes up for it with outstanding dividend growth. Management has typically increased the dividend by 7-10% annually.
Disclosure: I own Abbott Labs stock.
2. Air Products And Chemicals (APD)
APD is a manufacturer and distributor of industrial gases. Its customers include industrial, technology, energy, and materials businesses.
Like Abbott, APD has provided excellent dividend growth.
Disclosure: Years ago, I held a small position in APD, expecting to add to the shares over time. But in a portfolio clean-up and consolidation effort, I sold out.
Selling was a big mistake since dividend growth and share appreciation have been outstanding.
As of now, I have APD on my watch list.
3. Caterpillar (CAT)
Caterpillar makes and sells construction and mining equipment operating in the industrial sector.
The company is one of the most economically sensitive Dividend Aristocrats on today’s stock list, paying dividends in February, May, August, and November. Thus, Caterpillar and its stock do well when the economy is growing and not so well when the world falls into a recession.
For a cyclical company, CAT has an impressive dividend record. Top-notch financial management is required to navigate economic cycles’ ups and downs while paying investors a rising dividend income stream.
Disclosure: I own Caterpillar stock.
4. Clorox (CLX)
Clorox is a branded consumer products company providing household goods that many people have come to know and trust.
The company’s product lineup includes:
- Clorox and Pine-Sol cleaners
- Liquid Plumber
- Kingsford Charcoal
- Hidden Valley dressings and sauces
- Glad bags, wraps, and containers
- Burt’s Bees personal care products
- Brita water filters
Clorox focuses on and dominates specific market niches. Many of their products hold the number 1 or 2 position in a category.
I am impressed whenever I deep-dive into this company’s financial statements and investment fundamentals.
Disclosure: I owned Clorox stock for many years but sold it in 2023 to reduce my stock positions in the consumer staples sector. The stock is currently on my watch list.
Before I highlight the next five dividend stocks, save this image to Pinterest so you can return later!
5. Colgate-Palmolive (CL)
Similar to Clorox, Colgate-Palmolive is another branded consumer staples company. The company’s brands are found in the following categories:
- Oral Care
- Personal Care
- Home Care
- Pet Care
Colgate-Palmolive is a Dividend King. Dividend Kings are stocks of companies that have increased their dividends annually for at least 50 consecutive years.
The stock typically carries a low dividend yield. And when that is the case, I want to see at least 7-8% dividend growth yearly.
Disclosure: Since Colgate-Palmolive did not meet my expectations for dividend growth, I sold it and do not currently own shares.
Selling my shares was a tough decision. Doing so doesn’t make CL a bad stock. It just means the stock no longer met my investment objectives.
6. General Dynamics (GD)
General Dynamics is a big player in the aerospace and defense sector, primarily operating in these areas:
- Business jets and aviation services
- Military shipbuilding and maintenance
- Land combat machines
- Supporting technologies
From a dividend perspective, the company has an outstanding history of dividend growth, with annual increases ranging from 6-9%.
Disclosure: I have never owned General Dynamics. My lack of investment is more so because I have long been a Lockheed Martin and Raytheon investor, feeling those two stocks were enough exposure to the defense sector for my dividend portfolio.
7. Hormel Foods (HRL)
Hormel Foods operates in the packaged food space with several top-performing brands, including:
- Applegate
- Chi-Chi’s
- Dinty Moore
- Jennie-O
- Justin’s
- Lloyd’s barbeque
- Skippy peanut butter
- Spam
Like Clorox, Hormel seeks out niche categories and attempts to dominate them.
Most noteworthy, Hormel Foods is a Dividend King.
Disclosure: I own Hormel stock. However, it is one of my smaller positions, and I am looking to add shares whenever the price dips to attractive levels.
8. Lowe’s Companies (LOW)
Lowe’s is one of North America’s top home improvement retailers, with approximately 2,000 stores in the United States and Canada. The company offers a wide range of products for maintenance, remodeling, and decorating your home.
From a dividend perspective, the stock has one of the lowest dividend yields of this group of stocks, paying February, May, August, and November dividends. On the other hand, it has one of the fastest dividend growth rates.
And oh, by the way. Lowes is another Dividend King.
Disclosure: Unfortunately, I have never owned Lowe’s stock. And I really “missed the boat” on the home improvement retail sector since the investment return has been outstanding.
Last year, I finally added Home Depot to my portfolio. Lowe’s remains on my watch list.
9. Procter & Gamble (PG)
Procter & Gamble is the final company on today’s list of Dividend Aristocrat stocks that pay quarterly dividends. P&G manufactures branded consumer products like Tide detergent, Pampers diapers, and Bounty paper towels.
The company shed some of its smaller, less successful brands a few years ago to focus on fewer, better-performing product categories. The move by management was an addition-by-subtraction strategy that has worked out well.
P&G is another Dividend King.
Disclosure: I have owned Procter & Gamble stock for many years and expect to hold it long-term.
Okay. That concludes a brief review of the 9 Dividend Aristocrat stocks paying dividends in February, May, August, and November. Plus, a look into where each stands within my investment portfolio.
But stick around for another minute.
Tips And Resources For Receiving February, May, August, and November Dividends
Next, I will share some essential points about dividend stocks and investing for regular dividend income.
Dividend Aristocrats Paying in February, May, August, and November
First, let’s discuss Dividend Aristocrats since they are featured in this article.
Aristocrats are some of the best dividend growth stocks to invest in. To be included in the Dividend Aristocrat list, a stock must:
- Have increased dividends for at least 25 years in a row
- Be a member of the S&P 500 stock index.
- Have a market capitalization of at least $3 billion
- Trade at least $5 million in daily value
This means a Dividend Aristocrat:
- Has highly liquid shares
- It is a large and well-established company.
- Has an excellent historical dividend track record
Finally, as of this writing, there are less than 70 Dividend Aristocrats. So, they are rare and elite companies that pay dividends, perfect for building a large or small dividend portfolio.
Dividend Payment Patterns Beyond February, May, August, And November
Next, let’s cover dividend payment patterns.
Dividends from Aristocrat stocks will typically fall into 1 of 3 different dividend date payment patterns. Today, we covered stocks paying dividends in February, May, August, and November.
The other two dominant payment patterns are:
Dividends in January, April, July, and October
and
Dividends in March, June, September, and December
I recommend filling out your dividend portfolio with stocks in each payment pattern to earn monthly dividends.
On the other hand, it’s never a good idea to select a stock solely based on when it pays dividends. Other important considerations include the company’s business fundamentals, dividend payout ratio, and financial position.
Other Resources For Maximizing Your Dividend Income
The most successful dividend investors seek knowledge and tools. Thus, here are several of my favorite dividend-investing resources for your consideration.
I recommend the Financial Freedom Dividend Investing Course for beginning investors and anyone wanting to take their investing knowledge to another level.
Next, get stock recommendations and monitor your dividend portfolio using the Simply Investing Report and Analysis Platform. This top-notch investment resource will help you save time, earn more, and reduce risk by investing in attractive dividend stocks.
Finally, our dividend investing article archives include over 100 posts about dividend investing.
Here is a small sample of some of the types of articles you will find:
- The good and bad about dividends
- 5 steps to $500 in dividends per month
- Get dividends from the best ETFs
That’s all for today. Do your research and invest wisely. I hope these tools, stock tips, and resources will help you on your dividend investing journey.
Author Bio: Tom Scott founded the consulting and coaching firm Dividends Diversify, LLC. He leverages his expertise and decades of experience in goal setting, relocation assistance, and investing for long-term wealth to help clients reach their full potential.
