11 Best Stocks That Pay Dividends In January: Cash In Now!

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Best January Dividend Paying Stocks

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

First of all, what is an important goal for dividend investors? 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 January dividends:

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

First, we will review each of them in detail. Followed by some important thoughts about dividend investing.

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

So, here is a brief review of each of the 11 stocks that pay dividends in January.

Automatic Data Processing

Stock symbol: ADP
20-year annual average dividend growth rate: 12%
Increased dividend annually since 1975
The ex-dividend date for the 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 a Dividend Aristocrat.

Cisco

Stock symbol: CSCO
Annual average dividend growth rate: 9%
Increased dividend annually since 2011
The ex-dividend date for the January dividend: Early January

Cisco is a dominant player in computer networking equipment and services. The company has achieved Dividend Achiever status.

Genuine Parts Company

Stock symbol: GPC
20-year annual average dividend growth rate: 6%
Increased dividend annually since 1957
The ex-dividend date for the 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…

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

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

Kimberly Clark

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

Stock symbol: KMB
20-year annual average dividend growth rate: 7%
Increased dividend annually since 1973
The ex-dividend date for the January dividend: Early December

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

The demand for their products increased while people stayed home during the pandemic. Fortunately, that trend is over for now.

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

Medtronic

Stock symbol: MDT
20-year annual average dividend growth rate: 20%
Increased dividend annually since 1978
The ex-dividend date for the January dividend: Mid 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

Stock symbol: MO
20-year annual average dividend growth rate: 9%
Increased dividend annually since 1970
The ex-dividend date for the January dividend: Late December

No longer just a pure play on the tobacco industry. Altria’s business extends into beer and cannabis too. A true sin stock.

Most noteworthy, Altria has earned the right to be called a Dividend King.

PepsiCo

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

Stock symbol: PEP
20-year annual average dividend growth rate: 10%
Increased dividend annually since 1973
The ex-dividend date for the 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.

Conversely, the company pays in January, March, June, and September. But, rest assured. PepsiCo is a January dividend-paying stock.

Paying dividends 4 times per year, just like its arch-rival Coca-Cola.

Philip Morris

Stock symbol: PM
Long-term annual average dividend growth rate: 7%
Increased dividend annually since 2008
The ex-dividend date for the 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 Dividend Achievers.

Sysco

Stock symbol: SYY
20-year annual average dividend growth rate: 9%
Increased dividend annually since 1970
The ex-dividend date for the January dividend: Early January

Sysco is a global leader in food service. It sells, markets, and distributes food and non-food products.

Primary customers are restaurants, healthcare facilities, educational institutions, and lodging establishments.

The temporary shutdown of dining establishments during the pandemic hurt Sysco’s business.

Nevertheless, Sysco is a Dividend King. And business has most recently been doing fine. Along with the U.S. economy.

Walmart

The next one of our January dividend-paying stocks is Walmart.

Stock symbol: WMT
20-year annual average dividend growth rate: 11%
Increased dividend annually since 1974
The ex-dividend date for the January dividend: Early December

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

Most noteworthy, Walmart is another one of the Dividend Aristocrats. And will likely become a Dividend King in the near future.

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

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
20-year annual average dividend growth rate: 5%
Increased dividend annually since 1994
The ex-dividend date for the 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.

Okay. That concludes my review of 11 stocks that pay dividends in January.

Of course, this list does not represent all stocks that pay dividends in January. Just the ones I own and cover here at Dividends Diversify.

Next, as promised, and before we wrap up…

Important Thoughts About Dividend Investing For January Dividends

To round yourself out as a dividend investor and build up your dividend portfolio for monthly dividends, consider these key additional best practices…

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 too.

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, we found 3 of the January dividend payers with slightly different dividend payment schedules.

Why they pay dividends in this manner is up for debate. But, I did note those exceptions for you as we went through them.

And it gets better yet…

January Dividend Stocks That Increase Their Dividends Every Year

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 your dividend payments 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 Dividend Achievers. 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.

If so, invest in one or more stocks from the list.

Before You Invest For More January Dividends…

However, 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.

Thus, 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.

The goal is to make smart investments and manage your money wisely.

Helping With Your Research On 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. Since it’s your money.

Hopefully, by looking at my dividend stock analysis, you will learn some tips about how to select good dividend stocks.

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

Company name
Stock symbol
Long-term average annual dividend growth rate
Dividend increase history
The approximate ex-dividend date for the January dividend

Also, a few random thoughts on each company and its stock.

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

Most noteworthy, 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 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 went through each of these stocks paying dividends in January, I mentioned 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.

Looking to increase your dividends in this month of January? Now you know some good stocks that pay dividends in January.

Furthermore, this group is made up of high-quality selections. Including Dividend Kings, Dividend Aristocrats, and Dividend Achievers. Paying consistent growing dividends.

Okay. That’s all I’ve got! So, allow me to offer a few parting thoughts and additional resources…

Wrap-Up: 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, then check out 1 or more of these companies:

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

Next, consider the following additional articles and dividend-investing resources to level up your income-investing game…

My Favorite Dividend Investing & Finance Resources

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 all of the January dividend-paying stocks on the list