Stocks That Pay Dividends in June: Cash in Now!

Top June Dividend-Paying Stocks

Summer is right around the corner, 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. So you and I can fill out our monthly dividend calendars.

Thus, I want to share 10 of my favorite stocks that pay dividends in June. No further delays…

investing in stocks that pay dividends in June

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

10 Stocks That Pay Dividends In June

Here is today’s list of stocks that pay dividends in June. We will review them in greater detail shortly.

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

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

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

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

For building a retirement income portfolio.  Or, seeking financial freedom at an early age.

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

But, what is required to make this goal a 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 in the right direction to building a monthly dividend stream.

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

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

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

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

This is a typical dividend payment pattern. Because many U.S.-based companies close out the calendar quarter on a high note. By paying their investors dividends.

Furthermore, there is 1 special stock on our list. It pays dividends every month of the year. I will point out this popular dividend stock when we get there.

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

Increasing Payouts From June Dividend Stocks

These 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.  And nothing is required to make that happen.

The company and its dividends do the work for you.  It is the beauty of a growing stream of passive income from dividends.

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

Dividend Growth Stocks That Pay In June

dividend growth stocks paying in June

So, we are 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 years in a row and counting.

The Dividend Aristocrats:  While a Dividend Aristocrat 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 in a row.

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

Simply Investing delivers high-quality dividend stock recommendations to my inbox every month. Based on the latest stock and market data.

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 list…

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 to have more income to close out each calendar quarter of the year?

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

Whatever the case may be, check into one or more stocks from today’s list. But first, a quick word of caution…

Before Investing For June Dividends

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

So, it’s important to do your stock research.  Because investing has a risk of loss.

Most noteworthy, do your homework! After all, it’s your money.  So, make smart investments. And manage your money wisely.

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

Helping With Your Research About June Dividend Stocks

researching June dividend stocks

You already know that each of today’s stocks pays dividends in June. But each of today’s dividend stocks is also a holding in the Dividends Diversify portfolio of stocks.

So, I’ve done more research.  That may save you some time.

Because if any of these stocks interest you for investment purposes.  Then, just follow the link I have included in each section. For my more complete dividend stock review.

But always remember to think and invest for yourself.  Since it’s your money.

For today’s article, I will 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
  • The year dividend increases began
  • Status as a Dividend King, Aristocrat, or Achiever
  • The approximate ex-dividend date for the June dividend
  • Other months the stock pays dividends

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. 

And understand that 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.

One last thing before we go through the dividend stocks on today’s list…

The Ex-Dividend Date For Receiving June Dividends

To receive the stock’s June dividend, you must make your investment before the ex-dividend date.

Typically, a stock’s ex-dividend date falls in the month before it pays dividends.  But, the timing of each company’s ex-dividend date is different.

And the date can change with every dividend a company declares. So be sure to 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.

Are you running late for June dividends?

monthly dividends

Then 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.

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

list of stocks that pay dividends in June

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

1. American Electric Power

  • Stock symbol: AEP
  • Dividend yield: 3.5%
  • Dividend payout ratio: 67%
  • 7-year annual dividend growth rate: 5.2%
  • 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 reviewing my full analysis about AEP stock. A few features about its dividend stand out.

AEP has paid a cash dividend every quarter since 1910.

Their current dividend policy is to pay out between 60% and 70% of earnings to investors. In the form of 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: 1.3%
  • Dividend payout ratio: 31% (based on adjusted earnings)
  • 7-year annual dividend growth rate: 6.9%
  • Increased dividend annually since  1972
  • Dividend status list: Dividend Aristocrat
  • The ex-dividend date for June dividend: Early June
  • Pays dividends in March, June, September, December

You can read more about Becton Dickinson stock here. But, a couple of quick points to note.

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.

Finally, Morningstar Investment Research has a 4-star rating on Becton Dickinson stock. And feels the shares are undervalued at the time of this writing.

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: 2.1%
  • Dividend payout ratio: 44%
  • 7-year annual dividend growth rate: 13%
  • 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. Since many dividend stocks are concentrated in specific sectors of the stock market. Which are mostly outside of 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: 3.3%
  • Dividend payout ratio: 65%
  • The ex-dividend date for June dividend: Early-June
  • Pays dividends in March, June, September, December

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

Coupled with the sale of their natural gas storage and transmission business. The dividend payout was no longer sustainable.

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

Because I think the shares will perform well in the future. And management plans to reinstate annual dividend increases very soon.

Be sure to read more about Dominion stock. And why I continue to hold. Even after it fell 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%
  • Dividend payout ratio: 75% (based on adjusted earnings)
  • 7-year annual dividend growth rate: 3.1%
  • 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.

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

June dividend stocks

6. Emerson

  • Stock symbol: EMR
  • Dividend yield: 2.2%
  • Dividend payout ratio: 61%
  • 7-year annual dividend growth rate: 2.9%
  • 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 low dividend yield. Combined with slow dividend growth is not compelling for me.

But, I continue to hold Emerson. On the other hand, I think there are better dividend growth stocks for new money right now.

Learn more about my assessment of Emerson stock. Or, read on for more June dividends.

Next, 1 technology company makes our list of June dividend-paying stocks…

7. International Business Machines

  • Stock symbol: IBM
  • Dividend yield: 4.9%
  • Dividend payout ratio: 45% (based on cash flow)
  • 7-year annual dividend growth rate: 8.4%
  • 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 struggles with revenue growth have been well documented. But the company stills generates plenty of cash.

The company’s strong cash flow supports solid dividend safety from IBM. Just don’t expect much dividend growth from this Aristocrat any time soon.

Furthermore, management intends to split this massive technology business into 2 publicly traded stocks. So, stay tuned for more on IBM.

Here is another stock paying dividends in June…

8. Raytheon Technologies

  • Stock symbol: RTX
  • Dividend yield: 2.4%
  • Dividend payout ratio: 55%
  • 7-year annual dividend growth rate: 10.3%
  • 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 companies are now called Raytheon Technologies Corporation.

But new management plans on rewarding shareholders. They stated the newly combined company would return $18-$20 billion to shareholders during the first several years after the merger.

However, they did not indicate how much of that return would be in the form of dividends. Versus share repurchases. But I suspect we will see some healthy dividend increases in the years to come.

Next up, “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: 4.3%
  • Dividend payout ratio: 85% (based on FFO*)
  • 7-year annual dividend growth rate: 3.8%
  • Increased dividend annually since 1994
  • Dividend status list: Dividend Aristocrat
  • The ex-dividend date for June dividend: Late May
  • Pays dividends every month

* Stand for funds from operations. FFO is considered the best metric of dividend payment capacity. For real estate investment trusts (REITs).

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

Furthermore, 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.

But also, receive dividends in all of the other months of the year. From this company that owns thousands of commercial properties.  That generates rental revenue from tenants that lease the space.

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: 3.4%
  • Dividend payout ratio: 40%
  • 7-year annual dividend growth rate: 7.1%
  • 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.

That concludes our review of 10 stocks that pay dividends in June. But here’s a little reminder.

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

Have you been meaning to open an IRA? Then M1 Finance is a great place to do so online.

M1 is fast to sign up and easy to use. Also, there is no charge for opening an account.

Start investing for a secure retirement today! You can learn more about M1 Finance here.

tax savings

Now, let’s 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.  If you want more dividends payable in June, check 1 or more of these companies out.

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

Do your homework. Remember to 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 second. Make your investment and let the cash start rolling in.

Furthermore, manage your cash flow, investments, and total financial picture all in one place. I like Personal Capital for this purpose.

You can learn more about Personal Capital here. Best of all, this online tool is free to sign up and use.

Further Reading About Stocks That Pay Dividends In June & Beyond

My Favorite Dividend Investing & Finance Resources

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

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

Trade stocks for free using the Webull app
Get dividend stock recommendations from Simply Investing
Use Morningstar for insightful investment analysis
Get Motley Fool Stock Advisor
Open an IRA at M1 Finance
Manage your total financial picture for free using Personal Capital
conclusions about June dividend-payers

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.

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

2 thoughts on “Stocks That Pay Dividends in June: Cash in Now!”

  1. I’m just number crunching a dividend income, and wrote down the list of stocks that pay in June. I calculate the stocks price, if I buy 2k worth, how many shares it buys. Take that times the dividend. How much money, and how many more shares it buys.

    • Hi Dennis. That sounds like a good process for building your dividend income and filling out your dividend calendar. Tom

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