Stocks That Pay Dividends In July: Cash In Now!

10 Top July Dividend Stocks To Buy And Hold

It’s time for stocks that pay dividends in July. Because hot summer dividends are right around the corner.

So, pull up your comfy chair. And get ready to make money from dividends.

First, I will review each of the 10 companies. From today’s list of stocks that pay dividends in July.

Then discuss some important features of these July dividend payers. That every good dividend investor should know.

Let’s do it…

stocks that pay dividends in July

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

10 Stocks That Pay Dividends In July

Here’s my list of some of the best dividend-paying stocks in July.

  1. NASDAQ: ADP – Automatic Data Processing
  2. NASDAQ: CSCO – Cisco
  3. NYSE: GPC – Genuine Parts Company
  4. NYSE: KMB – Kimberly Clark
  5. NYSE: KO – The Coca-Cola Company
  6. NYSE: MDT – Medtronic
  7. NYSE: MO – Altria
  8. NYSE: O – Realty Income
  9. NYSE: PM – Philip Morris
  10. NYSE: SYY – Sysco

Next, let’s dig a little deeper into each one of these 9 quarterly dividend stocks. And 1 stock that pays dividends monthly.

Then I will discuss dividend calendars. The timing of dividend payments. And, much more about dividend stocks!

Thus, stick around after we go through this list of good stocks that pay dividends.

And please note that all data is as of the date of publication. Furthermore, the information can quickly change due to company or stock performance.

So, check with your online stockbroker. Before investing.

Or, check with the Simply Investing Report. It’s a great data-driven resource for dividend stock investors. That delivers dividend stock recommendations and analysis to my inbox (or yours) every month.

You can learn more about Simply Investing here. But now, onto today’s stocks that pay dividends in July…

July dividend stocks

1. NASDAQ: ADP – Automatic Data Processing

  • Dividend yield: 1.9%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 11%
  • Increased dividend annually since 1975
  • Dividend status list: Dividend Aristocrat
  • The ex-dividend date for July dividend: Mid-June
  • Pays dividends in January, April, July, and October

More reading about this outstanding provider of business services. Let’s move to our next July dividend stock.

2. NASDAQ: CSCO – Cisco

  • Dividend yield: 2.8%
  • Dividend payout ratio: 55%
  • 7-year annual dividend growth rate: 12.5%
  • Increased dividend annually since 2012
  • Dividend status list: Soon to be Dividend Achiever
  • The ex-dividend date for the July dividend: Early July
  • Pays dividends in January, April, July, and October

Additional reading on the technology company Cisco. Next up, an “under the radar” stock paying dividends in July.

3. NYSE: GPC – Genuine Parts Company

  • Dividend yield: 2.5%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 5.7%
  • Increased dividend annually since 1957
  • Dividend status list: Dividend King
  • The ex-dividend date for July dividend: Early-June
  • Pays dividends in January, April, July, and October

You can dig deeper into GPC here. Otherwise, our next stock that pays dividends in July is a longtime favorite…

4. NYSE: KMB – Kimberly Clark

  • Dividend yield: 3.4%
  • Dividend payout ratio: 65%
  • 7-year annual dividend growth rate: 4.7%
  • Increased dividend annually since 1973
  • Dividend status list: Dividend Aristocrat
  • The ex-dividend date for July dividend: Early June
  • Pays dividends in January, April, July, and October

Stock up on all things about Kimberly Clark here. But for me, I’m ready for more July dividends.

5. NYSE: KO – The Coca-Cola Company

  • Dividend yield: 3.1%
  • Dividend payout ratio: 90%
  • 7-year annual dividend growth rate: 5.6%
  • Increased dividend annually since 1963
  • Dividend status list: Dividend King
  • The ex-dividend date for July dividend: Mid-June
  • Pays dividends in April, July, October, and December

Quench your thirst for more dividend information on Coke. Then let’s move onto another July dividend-paying stock.

6. NYSE: MDT – Medtronic

  • Dividend yield: 1.9%
  • Dividend payout ratio: 60%
  • 7-year annual dividend growth rate: 11%
  • Increased dividend annually since 1978
  • Dividend status list: Dividend Aristocrat
  • The ex-dividend date for July dividend: Late June
  • Pays dividends in January, April, July, and October

You can increase your knowledge about this health care company. Or, stick with me now for another company paying dividends in July.

7. NYSE: MO – Altria

  • Dividend yield: 6.9%
  • Dividend payout ratio: 80%
  • 7-year annual dividend growth rate: 9%
  • Increased dividend annually since 1970
  • Dividend status list: Dividend King
  • The ex-dividend date for July dividend: Mid-June
  • Pays dividends in January, April, July, and October

Hopefully, you are on fire for more about Altria. That’s great.

As for others who are not fully satisfied. I will show you another July dividend payer.

8. NYSE: O – Realty Income

  • Dividend yield: 4.3%
  • Dividend payout ratio: 85%
  • 7-year annual dividend growth rate: 3.8%
  • Increased dividend annually since 1994
  • Dividend status: Dividend Aristocrat
  • The ex-dividend date for July dividend: Late June
  • Pays dividends every month of the year

What’s not to like about Realty Income’s monthly dividends? From this excellent real estate investment trust (REIT). Well, nothing from my perspective.

So, let’s go back to the tobacco trade for more dividends payable in July…

9. NYSE: PM – Philip Morris

  • Dividend yield: 4.9%
  • Dividend payout ratio: 90%
  • 7-year annual dividend growth rate: 4.4%
  • Increased dividend annually since 2008
  • Dividend status list: Dividend Achiever
  • The ex-dividend date for July dividend: Mid-June
  • Pays dividends in January, April, July, and October

Learn how Philip Morris is changing with the times. To keep our dividends safe.

Then last but not least on the list of good dividend-paying stocks in July…

10. NYSE: SYY – Sysco

  • Dividend yield: 2.2%
  • Dividend payout ratio: 100%
  • 7-year annual dividend growth rate: 6.2%
  • Increased dividend annually since 1970
  • Dividend status list: Dividend King
  • The ex-dividend date for July dividend: Early July
  • Pays dividends in January, April, July, and October

Find out more on how Sysco’s doing if so inclined.  Otherwise, allow me to chat a little about today’s dividend stocks list.

More About These 10 Stocks That Pay Dividends In July

stocks paying dividends in July

Here are a few important points to keep in mind. When seeking dividend payments for a specific month.

Why This List Of Stocks That Pay Dividends In July?

Who would want to know what stocks pay dividends in July? Dividend stock investors. That’s who.

Because many of us want to make a stream of cash from dividends. To pay our bills. Supplement social security income. Or, reinvest in more stocks.

So, it’s typical for dividend stock investors. Like you and me.

To pay attention to when a stock pays its dividends. To fill out our dividend calendars.

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

Most of the stocks on today’s list pay dividends in January, April, July, and October. They are referred to as quarterly dividend stocks.

But, I want to highlight 2 exceptions. First, Coca-Cola pays dividends in April, July, October, and December.

KO is still a quarterly dividend stock. Paying dividends 4 times per year. But, the company follows an unusual payment pattern. The second exception…

Stocks Paying Dividends In July & Every Other Month Too

The second exception is Realty Income. This company pays dividends every month of the year.

Are you interested in other monthly dividend stocks? Then you should check out this group of monthly dividend payers.

Note The Ex-Dividend Date For These July Dividend-Paying Stocks

Most dividend investors know about important dividend dates. But, I want to point out the ex-dividend date to you today.

Because if you want that July dividend. Then you must purchase before a stock’s ex-dividend date.

I have noted the approximate timing for each stock on today’s list. But these dates vary. So check on the company’s investor relations website for the exact timing.

Do you have plenty of time to spare? Then maybe these June dividend payers will fit your needs?

On the other hand, once you buy and hold. No worries. Because you will receive every dividend a company approves.

Are you to late for July dividends? Then check out this list of stocks paying dividends in August.

July Dividend Payers Are Dividend Growth Stocks

Each of the stocks on the list of July dividend payers is special in another way. Since they are all about dividend growth stocks.

And increase their dividend rate on an annual basis. On the other hand, sometimes a company will defer its annual dividend increase. When they hit an economic rough patch.

So, it’s a good idea to look at dividend growth over the long run. For your reference, I have indicated each stock’s 7-year compound annual dividend growth rate.

Dividends Payable In July From A Diversified Stock Portfolio

When I look at this group of 10 stocks that pay dividends in July. What do I see?

I see a diversified dividend stock portfolio. For any dividend investor desiring to hold all 10 of these companies that pay dividends in July.

As a portfolio, the stocks come from 9 distinctly different industries. With the tobacco industry being the only overlap.

Furthermore, as your portfolio of investments grows. Along with your living expenses.

You need a good online tool to pull it all together. I like and use Personal Capital for this.

It’s easy to see all of your investments and cost of living expenses in one place. Best of all Personal Capital is free to sign up and use.

So, level up your personal finance game. And learn more about Personal Capital here.

Best Time To Buy July Dividend-Paying Stocks

July dividend-paying stocks

When is the best time to buy any one of these dividend stocks? Well, I would suggest now. And whenever you have cash ready for investment.

Since no one knows for sure what direction the stock market. Or, stock prices will go in the short term.

So, make dividend investing a journey. Develop a watch list of stocks you would like to buy.

Then invest in small increments. And do so, regularly.

If stocks go up. You win! Because you are invested.

On the other hand, if stocks go down. Which they may.

Then you can make new purchases. At lower prices. That provides for higher dividend yields.

No matter how you make your dividends. When you implement an investment strategy like this. It’s critical to buy and sell your dividend stocks for free.

I use the Webull app to trade for free. Plus the app is easy to use. And offers excellent real-time research capabilities.

You can learn more about Webull here.

Next, a few words of caution…

Don’t Buy Stocks Just Because They Pay July Dividends

Never buy a dividend stock solely on when it pays dividends.

Because it is much more important to buy safe and growing dividends. From companies that regularly increase profits. And are performing well within the segments they operate.

Don’t Forget About Income Taxes

One of the downsides to investing for dividend income? Well, taxes are usually due at the time dividends are received.

It depends on your specific tax situation. And dividends do receive preferential tax treatment. When compared to ordinary income. For example, income from your job.

So, just be aware. That some of the cash that hits your brokerage account from July dividends. May have to be shared with the government. In the form of income taxes.

On the other hand, here is a way you can save big time on taxes. By holding your stocks in an Individual Retirement Account (IRA).

I like M1 Finance. For the account options and investment tools, their platform provides.

You can learn more about M1 Finance here. Don’t delay saving and investing for a secure retirement.

Alternatives To Companies Paying Dividends In July

Finally, in some ways, it’s a tough time to be an income investor. Of any kind. Searching for dividends. And income from investments.

Why is that? You may be asking.

Well, interest rates are at historic lows. So cash and bonds do not pay much income.

And stock prices are near record highs. So, dividend yields are relatively low.

Because dividend yields. Defined as that percentage of the dollar amount you invest. That will come back in the form of dividends on an annual basis. Are inversely related to stock prices.

In other words, the higher that stock prices go. The more dividend yields fall. And, vice versa.

That’s why us crazy dividend investors. With cash to invest. Want stock prices to fall.

And I can’t believe I just said that. So, it must be a good time to wrap up…

Summary: List Of Stocks That Pay Dividends In July

Looking to fill out your dividend payments calendar. With some good dividend stocks paying in July?

Then consider this list an excellent place to start. Put them all together. And they represent a diversified dividend portfolio.

A portfolio providing dividend income today. And more dividend income in the future.

From the dividend increases. That these companies frequently provide investors.

  1. NASDAQ: ADP – Automatic Data Processing
  2. NASDAQ: CSCO – Cisco
  3. NYSE: GPC – Genuine Parts Company
  4. NYSE: KMB – Kimberly Clark
  5. NYSE: KO – The Coca-Cola Company
  6. NYSE: MDT – Medtronic
  7. NYSE: MO – Altria
  8. NYSE: O – Realty Income
  9. NYSE: PM – Philip Morris
  10. NYSE: SYY – Sysco

Happy dividend investing. Don’t forget, it’s a journey.

So invest in small increments over time. And watch your dividends snowball.

More Reading About Stocks That Pay Dividends

My Favorite Dividend Investing Resources

Make the most of what Wall Street has to offer. With these investing and personal finance resources.

Trade stocks for free using the Webull app
Get dividend stock analysis & recommendations from Simply Investing
Open an IRA at M1 Finance
Manage your total financial picture for free using Personal Capital
conclusions about investing for income

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.

Cash In With Stocks That Pay Dividends In July