15 Stocks That Pay Dividends in June: Cash in Now!

Top June Dividend-Paying Stocks

Summer is approaching, so it’s time for stocks that pay dividends in June!

Because, as income investors, we desire a consistent stream of monthly dividends. Therefore, it is important to know a stock’s dividend payment pattern.

Specifically, the month that dividends are payable. By knowing, you and I can fill out our monthly dividend calendars.

As a result, I want to share several of my favorite stocks that pay dividends in June.

No further delays…

Stocks That Pay Dividends In June

Here is today’s list of stocks for June dividend payments.

• American Electric Power
• Becton Dickinson
• Cummins
• Dominion
• Duke Energy
• Emerson
• International Business Machines
• Raytheon Technologies
• Realty Income
• Walgreens Boots Alliance

We will review each of these stocks in greater detail shortly. Better yet, stick with me to the end where I will highlight 5 more excellent companies that pay June dividends. Thus, providing a list of 15 total dividend stocks for your consideration.

But first, a few words about dividend stock lists before we begin our stock-by-stock review.

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

The Many Benefits Of A List Of Stocks That Pay Dividends In June

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

Furthermore, investors like you and me desire to build a retirement income portfolio.  Or seek financial freedom at an early age.

Whatever the case, a reliable monthly dividend income stream is an important and valuable asset. Also, a great way to help secure one’s financial future.

Key Ingredients For Building Monthly Dividend Income

But what is required to turn these financial goals into reality?

First, good stocks that pay dividends for your dividend portfolio.

Second, stocks that pay dividends during each month of the year.

Most noteworthy, having some solid June dividend payers to choose from is one step toward building a monthly dividend stream.

But wait, there is more about these stocks. And, it gets better…

Stocks That Pay Dividends In March, June, September, and December

Of course, every one of today’s stocks is a June dividend payer.  But most of the stocks on today’s list also pay dividends in March, September, and December.

They are stocks that pay dividends quarterly, starting in March. Plus every 3 months thereafter.

Thus, these and many other U.S.-based companies close the calendar quarter on a high note. They do so by paying their investors dividends. This specific timing of payments represents a typical quarterly dividend payment pattern.

Furthermore, there is one special stock on our list.

This stock pays dividends every month of the year. I will point out this popular investment option when we get there.

And, if that’s not enough. Here is more good news about today’s list of blue-chip stocks that pay June dividends…

Increasing Payouts From June Dividend Stocks

Today’s stocks not only pay dividends in March, June, September, and December.  But, they almost always increase their dividends each year.

That means your dividend in June of the next year will be higher than this year.  Most importantly, nothing is required by you to make it happen.

Simply put, this is buy-and-hold investing at its finest.

As a result, the company and its dividends do the work for you.  It is the beauty of a growing stream of passive income.

Next, a little more about making higher dividends each year…

Dividend Growth Stocks That Pay In June

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So, you now know that I am highlighting companies that increase dividends regularly.  Therefore, today’s list is full of high-quality dividend growth stocks.

They represent the best type of dividend payment, in my opinion. So, let me explain the 3 different types of dividend stocks I’m talking about.

Dividend Kings: These blue-chip stocks that pay dividends have increased their payout for at least 50 consecutive years and counting.

The Dividend Aristocrats:  A Dividend Aristocrat stock has increased its dividend annually for at least 25 years in a row.

Dividend Achievers: These stocks are the “up-and-comers” on today’s list, with rising dividend payouts for at least 10 years continuously.

Beyond these lists of dividend-payers. Another one of my favorite places to find dividend stocks is the Simply Investing Report & Analysis Platform.

Simply Investing delivers high-quality dividend stock recommendations based on the latest stock and market data.

So, Simply Investing reduces the work in finding and analyzing dividend stocks. You can learn more about Simply Investing here.

But now, back to today’s topic, June dividends.

Using This List Of Stocks That Pay Dividends In June

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

Furthermore, you may want more income to close out each calendar quarter of the year.

Finally, maybe you don’t care about the timing of dividend payments. You are just looking for a few good stocks that pay dividends.

Whatever your situation, you have arrived at the right place. So, check into one or more stocks from today’s post.

But first, a quick word of caution…

Before Investing For June Dividends

Do not buy a stock only because it pays dividends at a certain time.

In contrast, buy quality stocks that pay dividends regardless of when they pay. Thus, it’s essential to do your stock research because investing has a risk of loss.

To emphasize my point, please do your homework before investing your hard-earned cash!

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

Here’s how I can assist you with this task…

Helping With Your Research About June Dividend Stocks

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First, you already know that each of today’s stocks pays dividends in June.

Furthermore, today’s dividend stocks are holdings in the Dividends Diversify model portfolio.

As a result, I’ve done more research, so you don’t have to.

Thus, if any of these stocks interest you for investment purposes, follow the link I have included for my complete dividend stock review.

But always think and invest for yourself since it’s your money.

Dividend Stocks In June: Today’s Metrics

For today, I will include a few facts and metrics in this article for each of the first ten companies.  Specifically:

• Company name
• Stock symbol
• Dividend yield
• 20-year average dividend growth rate (if applicable)
• The year dividend increases began
• Status as a Dividend King, Aristocrat, or Achiever
• The approximate ex-dividend date for the June dividend
• All months the stock pays dividends

Plus, I will throw in any thoughts or tips on the company and its stock that have been on my mind.

Important Note: The metrics will be as of the most recent update to this article.  So check online or with your stock broker for any changes.

Most importantly, I sourced the metrics from the Simply Investing Report & Analysis Platform.

At Simply Investing, you can find all of the latest dividend data. Plus recommendations on the best dividend stocks to buy. And when to buy them.

Furthermore, understand that the dividend yield is one metric that can change quickly. 

Dividend yields have an inverse relationship with a company’s stock price. And I think most investors like you and me have experienced how quickly stock prices can change.

Next, a couple more points before we go through the dividend stocks on today’s list…

The Ex-Dividend Date For Receiving June Dividends

You must invest before the ex-dividend date to receive the stock’s June dividend.

A stock’s ex-dividend date typically falls within the month before it pays dividends. However, the timing of each company’s ex-dividend date is different.

Furthermore, the date can change with every dividend a company declares. So check the company’s investor relations website for the exact date.

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

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Are you running late for June dividends? If yes, check out these 10 stocks that pay dividends in July.

Regardless, as we go through each of these stocks paying dividends in June, I will note the approximate timing of the ex-dividend date for receiving June’s dividend.

In a few cases, you will see a stock going ex-dividend in early June.  That gives you a little more time to make your investments.

If and when you do, “pull the trigger”. Be sure to buy and sell your dividend stocks for free. I use the Webull app to do so.

Webull is fast and easy to use. It also has great stock research capabilities and stock alerts. So, you never miss a trade that you want to make.

You can learn more about Webull here.

But here’s an additional reminder.

Income Taxes On Your Dividends Paid In June

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Don’t forget to save on income taxes. To do so, invest for a secure retirement by holding your dividend stocks in an IRA.

Have you been meaning to open an IRA? If yes, I highly recommend you do so.

Next up, a brief review of each of the 10 stocks paying dividends in June and included on today’s list of 15.

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How about we kick it off with a utility stock that pays dividends…

1. American Electric Power

• Stock symbol: AEP
• Dividend yield: 3.5%
• 20-year average dividend growth rate: 3.8%
• Increased dividend annually since 2010
• Dividend status list: Dividend Achiever
• The ex-dividend date for June dividend: Early May
• Pays dividends in March, June, September, December

In my full analysis of AEP stock, a few features of its dividend stand out.

First, AEP has paid a cash dividend every quarter since 1910.

The company typically targets a dividend payout between 60% and 70% of earnings for investors in cash dividends.

Furthermore, Motley Fool loves AEP stock as a great holding for a retirement income portfolio.

Next up in our list of stocks that pay dividends in June. A healthcare company…

2. Becton Dickinson

• Stock symbol: BDX
• Dividend yield: 1.4%
• 20-year average dividend growth rate: 10.5%
• Increased dividend annually since 1972
• Dividend status list: Dividend King
• The ex-dividend date for June dividend: Early June
• Pays dividends in March, June, September, December

In recent years, Becton Dickinson has grown through acquisitions. And those transactions slowed dividend growth.

On the other hand, I foresee an increase in dividend growth in the years ahead. And this is good because BDX traditionally carries a low dividend yield.

Continuing through our list of dividends payable in June. How about a company operating in the industrial goods sector…

3. Cummins

• Stock symbol: CMI
• Dividend yield: 2.7%
• 20-year average dividend growth rate: 17%
• Increased dividend annually since 2006
• Dividend status list: Dividend Achiever
• The ex-dividend date for June dividend: Mid-May
• Pays dividends in March, June, September, December

Cummins is a good stock to hold for diversification purposes.

Many dividend stocks are concentrated in specific sectors of the stock market, most outside the industrial sector where Cummins operates.

Furthermore, the company has a long history of rewarding shareholders with current dividends, dividend increases, and share repurchases

Next, we have some more June dividends coming from the utility sector.

4. Dominion

• Stock symbol: D
• Dividend yield: 4.6%
• The ex-dividend date for June dividend: Early-June
• Pays dividends in March, June, September, December

First, Dominion disappointed me with a dividend reduction not long ago. Partly because their dividend payout ratio got too high.

Coupled with the sale of some of their assets. The dividend payout was no longer sustainable and remains high to date.

I usually sell a stock that reduces its dividend. But I decided to hold Dominion.

Because I think the shares will perform well in the future. As the future dividend rate grows higher.

Read more about Dominion stock and why I continue to hold it even after management from my good graces by cutting its dividend.

Here’s another June dividend payer from the utility sector…

5. Duke Energy

• Stock symbol: DUK
• Dividend yield: 4%
• 20-year average dividend growth rate: 1.8%
• Increased dividend annually since 2005
• Dividend status list: Dividend Achiever
• The ex-dividend date for June dividend: Mid May
• Pays dividends in March, June, September, December

Duke is a stable, steady, and consistent dividend growth stock. Partly because it operates in the U.S.-regulated utility sector.

Typical of many other regulated utilities. The Duke Energy stock has a higher dividend yield and slower dividend growth.

Next, back to the industrial sector. For another one of our top June dividend stocks…

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6. Emerson

• Stock symbol: EMR
• Dividend yield: 2.4%
• 20-year annual dividend growth rate: 4.8%
• Increased dividend annually since 1957
• Dividend status list: Dividend King
• The ex-dividend date for June dividend: Mid May
• Pays dividends in March, June, September, December

Yes, Emerson is a Dividend King. But its lower dividend yield combined with slow dividend growth is not compelling for me at this time.

However, I continue to hold Emerson. Yet believe there are better dividend growth stocks for new money right now.

Next, a technology company makes our list of June dividend-paying stocks…

7. International Business Machines

• Stock symbol: IBM
• Dividend yield: 5.1%
• 20-year annual dividend growth rate: 12.8%
• Increased dividend annually since 1996
• Dividend status list: Dividend Aristocrat
• The ex-dividend date for June dividend: Early May
• Pays dividends in March, June, September, December

IBM’s historical struggles with revenue growth have been well documented. But the company stills generates plenty of cash.

The company’s strong cash flow supports IBM’s dividend safety even though the dividend payout ratio based on earnings doesn’t look so good. Also, don’t expect much dividend growth from this Aristocrat soon.

Furthermore, the company split the technology businesses into 2 publicly traded stocks further stressing the dividend payout ratio.

Here is another stock paying dividends in June…

8. Raytheon Technologies

• Stock symbol: RTX
• Dividend yield: 2.2%
• 20-year average dividend growth rate: 8.5%
• Increased dividend annually since 2005
• Dividend status list: Dividend Achiever
• The ex-dividend date for June dividend: Mid May
• Pays dividends in March, June, September, December

In 2020, Raytheon and United Technologies completed a merger.  The company was renamed and is now called Raytheon Technologies Corporation.

New management plans on rewarding shareholders. They stated the newly combined company would return billions of dollars to shareholders after the merger.

However, they did not indicate how much return would be from dividends versus share repurchases. But I suspect we will see some healthy dividend increases in the future.

Next up is “The Monthly Dividend Company”. Another top pick on our list of stocks that pay dividends in June…

9. Realty Income

• Stock symbol: O
• Dividend yield: 5%
• 20-year average dividend growth rate: 4.7%
• Increased dividend annually since 1994
• Dividend status list: Dividend Aristocrat
• The ex-dividend date for June dividend: Late May
• Pays dividends every month

Realty Income owns thousands of commercial properties.  They generate rental revenue from tenants that lease their spaces. In turn, profits from the rental fund investor dividends.

Unlike other industries, funds from operations (FFO) is considered the best metric of dividend payment capacity for real estate investment trusts (REITs). Typically, FFO is used to compute the dividend payout ratio rather than earnings or cash flow.

Be sure to check out my Realty Income stock and dividend review. There I more fully discuss REITs and FFO. As well as the merits of investing in Realty Income.

Finally, Realty Income is a monthly dividend stock. So, you receive dividends in March, June, September, and December, like the rest of the stocks on today’s list. Better yet, investors receive dividends from this company in the other months of the year. As I said, monthly dividends.

Last but not least, in today’s list of stocks that pay dividends in June. A retail pharmacy chain.  And one of Realty Income’s largest tenants…

10. Walgreens Boots Alliance

• Stock symbol: WBA
• Dividend yield: 5.4%
• 20-year average dividend growth rate: 14.5%
• Increased dividend annually since 1976
• Dividend status list: Dividend Aristocrat
• The ex-dividend date for June dividend: Mid May
• Pays dividends in March, June, September, December

Walgreen’s dividend stock history is impressive. But, its business faces heavy competition from other pharmacies, big box stores, and the ever-present Amazon.

Only time will tell if Walgreens adapts as it has done successfully over the decades.

Okay. That concludes my review of 10 dividend stocks.

However, in the introduction, I promised 5 more dividend stocks that pay in June. So, here they are for a total of 15.

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5 More Of The Best June Dividend Stocks

• Johnson & Johnson (JNJ)
• McDonald’s (MCD)
• NextEra Energy (NEE)
• Target (TGT)
• Walmart (WMT)

Note: In some years Walmart’s June dividend is paid during the final days of May.

Regardless, all five of the above companies and the first ten provide what I refer to as the triple play of dividend investing. Specifically.

• Current dividend income
• Future dividend growth
• Long-term stock price increases

So, that concludes my review of stocks that pay dividends in June. Thus, please allow me to summarize and conclude.

Summary: Stocks That Pay Dividends In June

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

Of course, there are more June dividend payers in the stock market. However, this list represents some of my favorites, all of which I own.

Thus, if you want more dividends payable in June, check out one or more of the following companies.

15 June Dividend Paying Stocks

1. American Electric Power (AEP)
2. Becton Dickinson (BDX)
3. Cummins (CMI)
4. Dominion (D)
5. Duke Energy (DUK)
6. Emerson (EMR)
7. International Business Machines (IBM)
8. Johnson & Johnson (JNJ)
9. McDonald’s (MCD)
10. NextEra Energy (NEE)
11. Raytheon Technologies (RTX)
12. Realty Income (O)
13. Target (TGT)
14. Walgreens Boots Alliance (WBA)
15. Walmart (WMT)

As I always recommend, do your homework. Remember, never buy a stock based on the timing of its dividend payments alone.

Look for quality and dividend safety first. Then the timing of dividend payments is second. Make your investment and let the cash start rolling in.

Finally, take care of your bigger financial picture. Manage your budget, expenses, cash flow, and investments in one place online. I like Empower for this purpose.

You can learn more about Empower here. Best of all, Empower is free to sign up for and use.

Further Reading About Stocks That Pay Dividends In June & Beyond

• More stocks with dividends at quarter-end
• It’s not too late for May dividend payers
• How to make dividends every month

My Favorite Dividend Investing & Finance Resources

I mentioned several of my favorite dividend investing and financial resources throughout the article. They are summarized below for your convenience.

Most of them are free to sign up and use! Or offered at a very affordable cost.

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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.

“Long” all of these stocks that pay dividends in June