Stocks That Pay Dividends In January: Cash In Now!

Best January Dividend Paying Stocks

stocks that pay dividends in January

Kick-off the New Year right with stocks that pay dividends in January!

First of all, what is one of your important goals as a dividend investor?  It is to make a consistent stream of monthly dividends.

Furthermore, to hit this goal, it is important to know a stock’s dividend payment pattern.  Specifically, the month that each of its dividends is payable.

So, to help with your dividend calendar, I want to share 11 of my favorite stocks that pay dividends in January.

11 Stocks That Pay Dividends In January

Here is today’s list of stocks that pay dividends in January. We will review each of them a little later in the article.

  • Automatic Data Processing
  • Cisco
  • Genuine Parts Company
  • Kimberly Clark
  • Medtronic
  • Altria
  • PepsiCo
  • Philip Morris
  • Sysco
  • Walmart
  • Realty Income

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

Why A The List Of Stocks That Pay Dividends In January?

As I said, most dividend stock investors are seeking a consistent amount of monthly dividend income

Whether you are retired and need dividends to pay bills.  Or, seeking financial freedom and trying to build a reliable passive dividend income portfolio 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 good January dividend payers to choose from is a step in the right direction.

But wait, it gets better…

Stocks That Pay Dividends In January, April, July, and October

Of course, every stock on the list is a January dividend payer.  Furthermore, most of the listed stocks also pay dividends in April, July, and October.

They are stocks that pay dividends quarterly as a matter of policy. And they start the year by paying dividends in January.

On the other hand, in today’s list of stocks that pay dividends, you will find 3 of the January dividend payers have slightly different dividend payment schedules.

Why they pay dividends in this manner is up for debate. But, I will point those exceptions out as we go.

And it gets better yet…

January Dividend Stocks That Increase Their Dividends Every Year

January dividend paying stocks

These stocks not only pay dividends in January, April, July, and October.  But, they almost always increase dividends annually.

That means your dividend in January of the 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 a growing stream of passive income from dividends.

We Are Talking About Dividend Growth Stocks

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

First of all, some of these stocks that pay dividends are Dividend Kings.  A Dividend King has increased its dividends every year for at least 50 years in a row.

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

Finally, today’s list of stocks for January dividends also includes a Dividend Achiever.  These blue-chip stocks that pay dividends have increased their payout for at least 10 years in a row and counting.

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

First of all, check your monthly dividend income.  Is January one of your down months for dividends?

Or maybe you just want to get more dividends from investments at the start of each year. Then invest in one or more stocks from the list.

Before You Invest For More January Dividends…

Never buy a stock just 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 important to do your stock research.  Because dividend investing has a risk of loss.  Do your homework!

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

Helping With Your Research On January Dividend Stocks

January dividend stocks

Each of today’s stocks that pay dividends in January is a holding in the Dividends Diversify model portfolio.  And also a personal stock holding of mine.

Since I’m invested in these stocks I’ve done more stock research.  So you don’t have to.

Do any of these stocks interest you for investment purposes?  Then, just follow the link I have included for a complete dividend stock analysis.

But again, think and invest for yourself.  It’s your money.  Hopefully, by looking at my dividend stock analysis, you will learn how to select good dividend stocks.

For today, I will just include a few facts and metrics for each company.  Such as:

  • Company name
  • Stock symbol
  • Dividend yield
  • Dividend payout ratio
  • 7- year dividend growth rate
  • Last ex-dividend date of the year

Plus any thoughts or tips on the company and its stock that come to my mind.

Note that the metrics will be as of the date of publication.  So be sure to check for any changes. 

Furthermore, 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, look for stocks that represent a good value. Or consider building your position with a number of smaller purchases over time.

A stock’s value is important when investing. Just like finding a good value at the grocery store.

A Final Word About Stocks That Pay Dividends In January: Ex-Dividend Date

To receive a stock’s January dividend, you must make an investment before the ex-dividend date.

Typically, a stock’s ex-dividend date falls in the month BEFORE it pays dividends.  The timing of each company’s ex-dividend date is different.  And the date can change with every dividend that is declared.

So be sure to check the company’s investor relations website for the exact date.  But I just wanted to give you a warning.

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

Regardless, as we go through each of these stocks paying dividends in January, I will note the approximate timing of its ex-dividend date.

In a few cases, you will see the stocks going ex-dividend in January.  That gives you a little more time to make your investments.

Are you too late for January dividend payers? Then check out this group of stocks that pay dividends in February, May, August, and November.

Next up, a brief review of each of the 11 stocks that pay dividends in January.

make money from dividends

Automatic Data Processing

  • Stock symbol: ADP
  • Dividend yield: 2.2%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 10%
  • Increased dividend annually since 1974
  • The ex-dividend date for January dividend: Mid-December

ADP provides payroll processing and human capital management services for its clients.  It is the first of today’s stocks paying dividends in January.  Also, this company has attained the status of Dividend Aristocrat.

Cisco

  • Stock symbol: CSCO
  • Dividend yield: 3.7%
  • Dividend payout ratio: 50%
  • 7-year annual dividend growth rate: 11%
  • Increased dividend annually since 2011
  • The ex-dividend date for January dividend: Early January

Cisco is a dominant player in computer networking equipment and services.  The company is on track to become a Dividend Achiever.

Genuine Parts Company

  • Stock symbol: GPC
  • Dividend yield: 3.2%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 6%
  • Increased dividend annually since 1956
  • The ex-dividend date for January dividend: Early December

Genuine Parts Company is a distributor of automotive replacement parts and industrial replacement parts.  The company owns the NAPA brand.  GPC is a January dividend stock.  But there is more…

GPC is a Dividend King.  And I find it’s one of those great dividend stocks that fly below most investor’s line of sight.

The company just goes about doing its business.  And pays higher dividends every year.

Kimberly Clark

cash dividends

Yet another one of our January dividend payers is Kimberly Clark.

  • Stock symbol: KMB
  • Dividend yield: 3.1%
  • Dividend payout ratio: 67%
  • 7-year annual dividend growth rate: 4%
  • Increased dividend annually since 1972
  • The ex-dividend date for January dividend: Early December

Kimberly Clark produces and sells household products.  Diapers, tissues, toilet paper are part of their product line up.

The demand for their products has increased with people staying at home more.  We shall see how long that continues.

One thing I know for sure.  Kimberly Clark is a Dividend Aristocrat.  And will likely become a Dividend King soon.

Medtronic

stocks that pay dividends
  • Stock symbol: MDT
  • Dividend yield: 2.1%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 11%
  • Increased dividend annually since 1978
  • The ex-dividend date for January dividend: Late December

Medtronic is a global healthcare solutions company. And, another Dividend Aristocrat.

Next up, let’s move into several consumer goods stocks that pay dividends in January.

Altria

upcoming dividends
  • Stock symbol: MO
  • Dividend yield: 8.7%
  • Dividend payout ratio: 80%
  • 7-year annual dividend growth rate: 9%
  • Increased dividend annually since 1969
  • The ex-dividend date for January dividend: Late December

No longer just a pure-play on the tobacco industry.  Altria has its hands in beer, wine, and cannabis too.  Most noteworthy, Altria has earned the right to be called a Dividend King.

PepsiCo

Pepsi pays January dividends

Next up, Pepsi, one of the best stocks that pay dividends.

  • Stock symbol: PEP
  • Dividend yield: 2.8%
  • Dividend payout ratio: 75%
  • 7-year annual dividend growth rate: 8.5%
  • Increased dividend annually since 1973
  • The ex-dividend date for January dividend: Early December

PepsiCo is one of the world’s leading beverage and snack food companies. It was established through the merger of Pepsi-Cola and Frito-Lay.

Pepsi is a Dividend Aristocrat for sure.  And another soon to be Dividend King, in my opinion.

Finally, Pepsi does not follow the typical dividend payments pattern of the other quarterly dividend stocks that pay dividends in January, April, July, and October.

The company pays in January, March, June, and September.  But, rest assured. PepsiCo is a January dividend-paying stock. And pays dividends 4 times per year, just like its arch-rival Coca-Cola.

Philip Morris

  • Stock symbol: PM
  • Dividend yield: 6.4%
  • Dividend payout ratio: 90%
  • 7-year annual dividend growth rate: 3.5%
  • Increased dividend annually since 2008
  • The ex-dividend date for January dividend: Mid-December

Philip Morris is a leading international tobacco company that pays January dividends. Also, management has increased dividends every year since its spinoff from Altria.

This makes Philip Morris a January dividend payer. And, one of the up and coming dividend growth stocks known as a Dividend Achiever.

Sysco

  • Stock symbol: SYY
  • Dividend yield: 2.6%
  • Dividend payout ratio: 100%
  • 7-year annual dividend growth rate: 6%
  • Increased dividend annually since 1970
  • The ex-dividend date for January dividend: Early January

Sysco is a global leader in foodservice. It sells, markets, and distributes food and non-food products.  Their primary customers are restaurants, healthcare facilities, educational institutions, and lodging establishments.

The temporary shutdown of dining establishments during 2020 has hurt Sysco’s business.  Never the less, Sysco is a Dividend King.

Walmart

dividends payable in January

The last of our January dividend-paying stocks is Walmart.

  • Stock symbol: WMT
  • Dividend yield: 1.5%
  • Dividend payout ratio: 40%
  • 7-year annual dividend growth rate: 2%
  • Increased dividend annually since 1974
  • The ex-dividend date for January dividend: Early December

Walmart is a large retailer of goods and services.  It sells through both online channels and its hundreds of bricks and mortar retail stores.  Walmart is a Dividend Aristocrat.

Walmart pays dividends in January, April, June, and September. A slight deviation from the typical pattern of the other quarterly dividend stocks discussed today.

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 yield: 4.4%
  • Dividend payout ratio: 90%
  • 7-year annual dividend growth rate: 3.5%
  • Increased dividend annually since 1994
  • The ex-dividend date for January dividend: Late December

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 January.  But it is one of the relatively few high-quality stocks that pay dividends monthly.  So, if you want to regularly make money from dividends, Realty Income is a good dividend stock to consider.

That concludes my review of 11 stocks that pay dividends in January.  This list does not represent all stocks that pay dividends in January. Just the ones I own and cover here at Dividends Diversify.

Looking to increase your dividends in this month of January?  Now you know what stocks pay dividends in January.  This group is a high-quality selection of Dividend Kings, Dividend Aristocrats, and Dividend Achievers.

Summary: Stocks That Pay Dividends In January

To wrap up, here is a summary list of stocks that pay dividends in January.  If you want more dividends payable in January credited to your brokerage account, check 1 or more of these companies out.

  • Automatic Data Processing
  • Cisco
  • Genuine Parts Company
  • Kimberly Clark
  • Medtronic
  • Altria
  • PepsiCo
  • Philip Morris
  • Sysco
  • Walmart
  • Realty Income

Further Reading About Stocks That Pay Dividends

My Favorite Dividend Investing & Finance Resources

Disclosure & Disclaimer: I am not a licensed investment adviser, financial adviser, or tax professional. And I am not providing you with individual investment advice, financial guidance, or tax counsel. Furthermore, this website’s only purpose is information & entertainment. And we are not liable for any losses suffered by any party because of information published on this blog.

I own all of the January dividend-paying stocks on the list

4 thoughts on “Stocks That Pay Dividends In January: Cash In Now!”

  1. That’s good to hear. I own MO, O, KMP and PEP. So, it looks like January should be a good month for owning those stocks.!

    I do own enough stocks such that I get paid dividends every month. After all, just owning O delivers dividends on a monthly basis. But it would be nice to have the income somewhat equal across the months. That’s definitely not a requirement though for me to invest.

    Thanks for the write up Tom.

    • Hi DP. Looks like you have some good dividends payable in January too. I can’t believe it’s right around the corner. What a year! Sounds like your dividend stock portfolio is healthy and well. Tom

  2. Great information, as I am trying to build my dividends portfolio up now for me to find the rest of the months lol
    Thanks you sir

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