15 Stocks That Pay Dividends In February: Cash In Now

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Best February Dividend Paying Stocks

Let’s kick off Super Bowl month with stocks that pay dividends in February! Thus, I have a big serving of February dividends from February dividend payers.

First, what is an important goal for a dividend investor?  It is to achieve a consistent stream of monthly dividends.

Thus, knowing a stock’s dividend payment pattern is vital to hit this goal.  Specifically, the month that each dividend is payable.

So, to help with your money-making dividend calendar, I want to share 15 of my favorite stocks that pay dividends in February, starting with 10 that I currently own.

10 Stocks That Pay Dividends In February

Here is your list of stocks that pay dividends in February:

  • Abbott Labs
  • AbbVie
  • Apple
  • AT&T
  • Clorox
  • Hormel Foods
  • Paychex
  • Procter & Gamble
  • Realty Income
  • Verizon

We will review each of them right now. Then cover some other important topics before concluding.

Better yet, before wrapping up, I will share 5 more February dividend payers bringing us to a total of 15. All of the additional 5 are currently on my watch list.

Note that any metrics presented are as of the publication date. So, be sure to check for the latest data before investing.

Okay. Enough blah, blah, blah from me. Let’s get moving.

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Disclosure: At no cost to you, I may get commissions for purchases made through links in this post.

Abbott Labs

  • Stock symbol: ABT
  • Dividend history status: Dividend King
  • Simply Investing 20-year dividend growth rate: 9.7%
  • Increased dividend annually since 1972
  • Ex-dividend date for the February dividend: Mid-January

Abbott is a global healthcare company.  The company has been in business for more than 125 years. I worked there for almost 10 of those years!

The company’s business lines are focused on 4 areas. Those areas are diagnostic tests, medical devices, generic pharmaceuticals, and nutritional products.

Abbott spun off its branded pharmaceutical products division in 2013 into a separate publicly traded company.  As it happens, AbbVie is our next stock that pays dividends in February.

AbbVie

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  • Stock symbol: ABBV
  • Increased dividend annually since 2013
  • Ex-dividend date for February dividend: Mid-January

AbbVie has over 100 years of operating history in the pharmaceutical sector as part of Abbott. Plus the more recent years as a stand-alone company.

Since its inception, this company has rewarded shareholders with rapid dividend growth.  And it’s just a matter of time before AbbVie becomes a Dividend Achiever as a stand-alone company.

Apple

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  • Stock symbol: AAPL
  • Increased dividend annually since 2013
  • Ex-dividend date for February dividend: Early February

Headquartered in Cupertino, California, Apple designs, makes, and markets mobile communication devices, media devices, and personal computers. Of course, the company is most well-known for the iPhone.

Historically having such a low dividend yield, some might argue that Apple is not a good dividend stock.  On the other hand, the dividend yield is so low because the stock price has increased rapidly.

As a result, Apple stock has generated excellent long-term total returns. Not just income.

AT&T

From a low dividend yield to a higher one. Yet another February dividend payer, AT&T.

  • Stock symbol: T
  • Ex-dividend date for February dividend: Early January

AT&T is a world leader in telecommunications.

But the stock market has not rewarded AT&T’s shares. Pushing down the price. And increasing the dividend yield.

The company reduced its dividend in 2022 after spinning off WarnerMedia.

I’m not a big fan of stocks that reduce their dividends. However, it is hard to ignore the currently hefty dividend yield of AT&T stock.

Clorox

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  • Stock symbol: CLX
  • Dividend history status: Dividend Aristocrat
  • Simply Investing 20-year dividend growth rate: 8.4%
  • Increased dividend annually since 1978
  • Ex-dividend date for the February dividend: Late January

The Clorox Company is a leading manufacturer and marketer of consumer products. And owns some very trusted and recognized brands in the household products and food and beverage categories.

Clorox is another Dividend Aristocrat. One that has benefited from our desire to stay at home.  And keep our homes clean.

So pull out that bottle of Clorox Clean-Up.  Clean your countertops. And collect your Clorox dividends.

Hormel Foods

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Next up, Hormel.  One of the best stocks that pay dividends.  And the first of 2 Dividend Kings on our list.

  • Stock symbol: HRL
  • Dividend history status: Dividend King
  • Simply Investing 20-year dividend growth rate: 12.9%
  • Increased dividend annually since 1966
  • Ex-dividend date for the February dividend: Mid-January

Hormel Foods is a Fortune 500 company. They manufacture and market high-quality, brand-name food and meat products.

Their brands’ number more than 50.  Chances are you have consumed one or more of their products as part of a meal or snack.

Furthermore, Hormel has a long history of paying dividends.  Better yet, management increases the dividend by a substantial amount each year.

Paychex

  • Stock symbol: PAYX
  • Simply Investing 20-year dividend growth rate: 14.8%
  • Ex-dividend date for the February dividend: Late January

First, Paychex is a leading provider of integrated human capital management (HCM) solutions. Their services include payroll, benefits, human resources, and insurance.

Furthermore, Paychex specializes in small to mid-sized businesses.

Finally, Paychex has become known for increasing its dividend rapidly in recent years. Even though management paused growth temporarily during the pandemic.

I think Paychex is one of those great dividend stocks. That always seems to fly under the radar.

Procter & Gamble

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  • Stock symbol: PG
  • Dividend history status: Dividend King
  • Simply Investing 20-year dividend growth rate: 8.1%
  • Increased dividend annually since 1957
  • Ex-dividend date for the February dividend: Mid-January

Procter & Gamble is a branded consumer goods company.  Think Tide detergent and Bounty paper towels.

Like Clorox, P&G was another business that benefited from our increased time spent at home during the pandemic.  Also, consumers return to tried and true brands they know and trust.

Dividend growth has slowed in recent years.  But there is no arguing about P&G’s place as a good dividend stock. After all, P&G is a Dividend King.

Verizon

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Next, a 2nd telecommunications firm on today’s list of stocks that pay dividends in February.  It is Verizon.

  • Stock symbol: VZ
  • Dividend history status: Dividend Achiever
  • Simply Investing 20-year dividend growth rate: 3.3%
  • Increased dividend annually since 2007
  • Ex-dividend date for the February dividend: Early January

Verizon’s portfolio of investments, assets, and services makes it one of the world’s leading providers of communications, information, and entertainment products.

The stock is known for slow but steady dividend growth. And a higher-than-average dividend yield.

Verizon is a popular holding for many dividend stock investors mainly because of its steady dividend income.

Realty Income

Realty Income for monthly dividends

Last but not least, let’s move into the real estate sector.  Realty Income is one of the most consistent dividend-paying stocks.

  • Stock symbol: O
  • Dividend history status: Dividend Aristocrat
  • Simply Investing 20-year dividend growth rate: 4.6%
  • Increased dividend annually since 1994
  • Ex-dividend date for the February dividend: Late January

Realty Income owns and rents out commercial properties.  Most importantly Realty Income is known as the Monthly Dividend Company.

Yes.  The company pays dividends in February.  But it is one of the relatively few high-quality stock picks that pay dividends monthly.

Do you want to make money from dividends every month?  Then Realty Income is a good dividend stock to consider.

Okay now. That concludes my review of 10 stocks that pay dividends in February.

Note that this list does not represent all stocks that pay dividends in February.

Not even close.

This list represents some of the stocks I own and cover here from the model dividend portfolio at Dividends Diversify.

Thoughts And Tips About February Dividend Stocks

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Next, I will serve up a heaping helping of points I want to make about February dividends and the stocks that pay them.

Why This List Of Stocks That Pay Dividends In February?

As I said, most dividend stock investors seek a consistent monthly dividend income

Whether you are retired and need dividends to pay bills.  Or you are seeking financial freedom and trying to build a reliable passive dividend income stream for the future.

So, you not only need good stocks that pay dividends in your dividend portfolio.  But you need stocks that pay dividends during each month of the year.

Having some February dividend payers to choose from is a good step toward a steady monthly dividend income.

But wait, it gets better…

Stocks That Pay Dividends In February, May, August, and November

Of course, every stock on the list is a February dividend payer.  Furthermore, all the listed stocks also pay dividends in May, August, and November.  They are stocks that pay dividends quarterly, starting in February each year.

Furthermore, in this list of stocks paying regular and recurring dividends, you will find that 1 of the February dividend payers has a slightly different dividend payment schedule.

It is Realty Income. A monthly dividend company that pays dividends every month of the year.

February Dividend Stocks That Increase Their Dividends Every Year

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These stocks not only pay dividends in February, May, August, and November.  But, they are stocks that almost always increase their dividends annually.

That means your dividend in February next year will be higher than it was this year.  And you don’t have to do anything to make that happen.

The company does all of the work for you.  It is the beauty of building a large and growing passive dividend income stream.

We Are Talking About Dividend Growth Stocks

So, I am highlighting companies that increase dividends regularly.  Therefore, today’s list is full of high-quality dividend growth stocks.  Let me explain…

First, some of these stocks that pay dividends are Dividend Kings.  They have increased their dividends yearly for at least 50 years in a row.

Furthermore, today’s list includes some other top stocks that pay dividends.  They are Dividend Aristocrats.  An Aristocrat has increased its dividend annually for at least 25 years.

Finally, today’s list of stocks for February dividends also includes Dividend Achievers.  These blue-chip stocks that pay dividends have increased their dividend annually for at least 10 years and counting.

How To Use This List Of Stocks That Pay Dividends In February

First of all, check your monthly dividend income.  Is February one of your lower months for receiving dividends?

Or maybe you want more income during the month to pay for your Super Bowl party! Whatever the reason. Invest in one or more stocks from the list.

But…

Before You Invest For More February Dividends

Never buy a stock because it pays its dividend at a certain time.  It is far more important to buy safe stocks that pay dividends regardless of when they pay.

It’s essential to do your stock research.  Because investing has a risk of loss.  Thus, do your homework!

After all, it’s your money.  So, make smart investments and manage your money wisely.

I use Personal Capital to manage my total financial picture. Best of all, Personal Capital is free to sign up for and use.

Helping With Your Research On February Dividend Stocks

Each of today’s 10 stocks that pay dividends in February is a holding in the Dividends Diversify model portfolio.  Also, a personal stock holding of mine.

Since I’m invested in these stocks, I’ve done more investment research. So you don’t have to. Just follow the links I have included above for a complete dividend review of the stock or stocks of your choosing.

But again, think and invest for yourself.  Since it’s your money.

Hopefully, by looking at my dividend stock analysis, you will learn some good lessons about dividend investing. Also, get exposure to the best dividend stocks for your investment portfolio.

Thoughts About February Dividend Stock Metrics

Before adding any stock to today’s list, I carefully considered each company’s dividend and financial metrics.  Such as:

  • Dividend yield
  • Dividend payout ratio
  • Historical dividend record
  • Dividend growth rate

Plus, any tips about dividends that I have been considering lately about each stock.

Note that the metrics were as of the date of publication.  So be sure to check for the latest information before you invest.  

Most importantly, the dividend yield is one metric that can change quickly. 

Since dividend yields have an inverse relationship with a company’s stock price.  And we all have experienced how quickly stock prices can change.

Finally, I prefer to calculate dividend payout ratios based on accounting earnings. But sometimes earnings are not the best indicator of dividend coverage. Or if a company has a comfortable dividend payment capacity.

So, sometimes I compute the payout ratio using the company’s free cash flow.

One last point.  Before I conclude about today’s list of stocks that pay dividends in February…

A Final Point About Stocks That Pay Dividends In February: Ex-Dividend Date

To receive a stock’s February dividend, you must invest no later than the day before the ex-dividend date.

Typically, but not always, a stock’s ex-dividend date falls in the month BEFORE it pays dividends.  However, the timing of each company’s ex-dividend date is different.

This important dividend date can change with every dividend declared by a company’s board of directors.

So check the company’s investor relations website for the exact date.  If and when you are ready to invest.  And want to receive the February dividend.

In most cases, be prepared to make your investment(s) no later than the first half of January. That is if you want to make money from dividends in February.

Regardless, as I went through each of these good stocks paying dividends in February, I noted the approximate timing of the ex-dividend date. If you invest on or after that date, you won’t be eligible to receive the February dividend.

In a few cases, you will see stocks from the list going ex-dividend in early February.  That gives you a little more time to make your investments.  If and when you choose to do so.

Are you too late for February? Then check out our list of the best March dividend payers.

Bonus Coverage: 5 More Dividend Stocks That Pay In February

At the beginning of this article, I promised 15 stocks paying dividends in February. But so far, I have only delivered 10, all of which I own.

So, here’s another 5 to round out today’s number to 15. I don’t own any of these stocks for February dividends. However, they are on my watch list for future consideration.

  • Air Products and Chemicals (APD)
  • Caterpillar (CAT)
  • Colgate-Palmolive (CL)
  • General Dynamics (GD)
  • Lowe’s Companies (LOW)

Okay. That’s all for today.

I hope you enjoyed learning about 15 stocks rewarding investors with dividends in February.

Allow me to wrap up with a few concluding thoughts…

Summary: Stocks That Pay Dividends In February

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Looking to increase your dividend income?  Now you know some good stocks that pay dividends in February.

Dividend Kings and Dividend Aristocrats are included in this group. Also, some Dividend Achievers too.

I invest in them for free using my Webull brokerage app. Since keeping investment costs low is critical.

To wrap up, here is a summary list of stocks that pay dividends in February.

If you want more dividends payable in February credited to your brokerage account. Then check out 1 or more of these companies for your investment dollars.

What Stocks Pay Dividends In February?

Here is my favorite 15:

  • Abbott Labs
  • AbbVie
  • Air Products and Chemicals
  • Apple
  • AT&T
  • Caterpillar
  • Clorox
  • Colgate-Palmolive
  • General Dynamics
  • Hormel Foods
  • Lowe’s Companies
  • Paychex
  • Procter & Gamble
  • Realty Income
  • Verizon

Further Reading About Stocks That Pay Dividends

My Favorite Dividend Investing & Finance Resources

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Author Bio, Disclosure, & Disclaimer: Please join me (Tom) as I try to achieve my goals, find my next place to live, and make the most of my money. However, I am not a licensed investment adviser, financial counselor, real estate agent, or tax professional. Instead, I’m a 50-something-year-old, early retired CPA, finance professional, and business school teacher with 40+ years of DIY dividend investing experience. I’m here only to share my thoughts about essential topics for success. As a result, nothing published on this site should be considered individual investment, financial, tax, or real estate advice. This site’s only purpose is general information & entertainment. Thus, neither I nor Dividends Diversify can be held liable for losses suffered by any party because of the information published on this website. Finally, all written content is the property of Dividends Diversify LLC. Unauthorized publication elsewhere is strictly prohibited.

I own 10 of the 15 February dividend-paying stocks on the list.