Best November Dividend Paying Stocks
Let’s talk about making money off stocks that pay dividends in November.
This way, you won’t get distracted by the holiday turkey. Instead, focus on building out your dividend calendar.
Give thanks for these good stocks that pay dividends. And add some extra gravy to your investment portfolio.
I don’t know about you, but I’m hungry for November month dividend stocks.
So, let’s get right to today’s November dividend payers…
10 Stocks That Pay Dividends In November
Here is today’s list of companies paying dividends in November.
- Retail goods maker: Clorox
- Dividend King: P&G
- Food producer: Hormel
- Healthcare giant: Abbott
- Pharma company: AbbVie
- Telecom company: AT&T
- Wireless provider: Verizon
- Tech device maker: Apple
- Payroll processor: Paychex
- REIT stock: Realty Income
Before I’m done, I will add five more November month dividend stocks for 15.
But first, I will cover this first group of 10 stocks for month 11 payouts from two angles. Let me explain.
Disclosure: At no cost to you, I may get commissions for purchases made through links in this post.
Dividends Now And Dividends Forever
First, I will address the timing of their upcoming November dividends.
Second, I have some tips on how to make money from these November month dividend stocks. Furthermore, today’s tips also work for many other stocks paying dividends.
In other words, make money from dividends right now. And some tips for making money from dividends forever.
The Dividend Data
But before we get started. Note that all data is as of the publication date.
Furthermore, the information can change quickly due to company or stock performance.
For this reason, I purposely excluded the dividend yield metric. Besides, I prefer focusing on dividend appreciation, also known as dividend growth.
So, always check online or with your stock broker for the latest data before investing.
More Dividend Stock Resources
Or, check with the Simply Investing Report and Analysis Platform.
I like Simply Investing for its interactive database of stocks. Plus, the on-point dividend stock analysis that Simply Investing is known for.
You can learn more about Simply Investing here.
Next, it’s time to review today’s list of stocks paying dividends in November.
Because who couldn’t use some reliable February, May, August, and November dividends…
1. Retail Goods Maker: Clorox
- Stock symbol: CLX
- 20-year annual dividend growth rate: 8.4%
- Increased dividend annually since 1978
- Dividend status list: Dividend Aristocrat
- The ex-dividend date for November dividend: Late October or early November
- The stock pays dividends in February, May, August, and November
Clorox is one of my favorite dividend stocks. What’s the biggest problem with Clorox?
It’s a stock that rarely trades at a low valuation.
But I’m keeping an eye on it. And I would like to add to my shares. But only when the dividend yield is at least 3%.
2. Dividend King: P&G
- Stock symbol: PG
- 20-year annual dividend growth rate: 8.1%
- Increased dividend annually since 1957
- Dividend status list: Dividend King
- The ex-dividend date for November dividend: Mid-October
- The stock pays dividends in February, May, August, and November
It’s always hard to bet against a Dividend King. Those elite companies pay higher dividends yearly for at least 50 years.
So, I won’t bet against Procter & Gamble. I plan on holding my shares. And collecting the dividend payments for a long time.
How about this next impressive fact that not many, if any, November month dividend stocks can claim? Specifically, P&G has been paying a dividend to shareholders dating back to the late 1800s.
That’s a long time. Almost forever!
3. Food Producer: Hormel
- Stock symbol: HRL
- 20-year annual dividend growth rate: 12.9%
- Increased dividend annually since 1967
- Dividend status list: Dividend King
- The ex-dividend date for November dividend: Mid-October
- The stock pays dividends in February, May, August, and November
Hormel is another Dividend King. Just like P&G.
And as the November weather cools us down. It’s a good time to break out some Hormel chili and watch football games.
4. Healthcare Giant: Abbott Labs
- Stock symbol: ABT
- 20-year annual dividend growth rate: 9.3%
- Increased dividend annually since 1973
- Dividend status list: Dividend King
- The ex-dividend date for November dividend: Mid-October
- The stock pays dividends in February, May, August, and November
Solid healthcare companies like Abbott are a great resource for dividends.
First, because of the consistency of their business models. Second, due to the large amounts of cash flow they produce.
And Abbott is no exception to these rules.
5. Pharma Company: AbbVie
- Stock symbol: ABBV
- 10-year annual dividend growth rate: 14%
- Increased dividend annually since 2013
- Dividend status list: Dividend Achiever
- The ex-dividend date for November dividend: Mid-October
- The stock pays dividends in February, May, August, and November
AbbVie was spun off by our previous November dividend-paying company, Abbott Labs. Back in 2013.
What makes ABBV an excellent November dividend stock? Let me count several ways.
First, the company’s blockbuster drug Humira.
Second, a productive research and development pipeline.
Finally, smart strategic acquisitions.
All of these points and others combine to fuel AbbVie’s dividend growth.
6. Telecom Company: AT&T
- Stock symbol: T
- The ex-dividend date for November dividend: Early October
- The stock pays dividends in February, May, August, and November
Lots of changes will be happening with AT&T. As it spins off its media businesses.
And becomes more of a pure telecom play once again.
However, management reduced the dividend as part of the Warner Media spin-off. And I’m not happy about it!
It’s on my list to think about. Maybe I will sell this one??? Editors update: Yes, I sold out in 2023.
I got tired of owning this underperforming stock. But I have several more November month dividend stocks for your consideration.
7. Wireless Provider: Verizon
- Stock symbol: VZ
- 20-year annual dividend growth rate: 2.7%
- Increased dividend annually since 2005
- Dividend status list: Dividend Achiever
- The ex-dividend date for November dividend: Early October
- The stock pays dividends in February, May, August, and November
Unlike AT&T, Verizon has stuck closer to its core telecommunications business.
As I compare the two companies’ performance (T and VZ), and their past strategies, it looks like Verizon chose the right path.
8. Tech Device Maker: Apple
- Stock symbol: AAPL
- Long-term annual dividend growth rate: 9.1%
- Increased dividend annually since 2013
- Dividend status list: Dividend Achiever
- The ex-dividend date for November dividend: Early November
- The stock pays dividends in February, May, August, and November
I’m pretty happy I decided to scoop up some dividends from Apple stock when it traded at a much lower price per share.
Do you remember those good old days?
The only problem is this. The stock has gone up so much, driving the dividend yield down.
Stock prices and dividend yields are inversely related. So, the stock’s dividend yield remains very low.
What’s a dividend investor to do? Buy, hold, and enjoy Apple’s dividend growth and share price appreciation.
Additional reading about Apple dividends
9. Payroll Processor: Paychex
- Stock symbol: PAYX
- 20-year annual dividend growth rate: 6.8%
- The ex-dividend date for November dividend: Early November
- The stock pays dividends in February, May, August, and November
I like how Paychex rewards its shareholders. Paying and increasing regular dividends is a deep part of this company’s culture.
On one hand, management has paused dividend growth during the last two recessions. So you won’t find Paychex on any dividend growth stock list (Kings, Aristocrats, or Achievers).
On the other hand, I don’t mind as long as Paychex keeps paying me a rising dividend stream over the long run. When that’s the case, I’m okay with management pausing dividend growth during recessions.
Fortunately, that’s exactly what this top-notch company has done!
10. REIT Stock: Realty Income
- Stock symbol: O
- 20-year annual dividend growth rate: 4.2%
- Increased dividend annually since 1994
- Dividend status list: Dividend Aristocrat
- The ex-dividend date for November dividend: Late October
- The stock pays dividends monthly
Any business with the nickname “The Monthly Dividend Company” is okay in my book. Thus, I can find a place for it in my dividend stock portfolio.
And that’s just what has happened with Realty Income. Having owned shares for nearly 20 years.
Additional reading about Realty Income dividends
Okay. That concludes a review of the first ten stocks that pay dividends in November.
But don’t go. I’ve got more about November dividends. Plus, five more November month dividend stocks before I’m done.
It’s all great information for making money from dividends every month of the year.
More Tips About Making Money From Stocks That Pay Dividends In November And Other Months Too
As I said earlier, today’s article has two goals.
First, making money now from dividends in November.
Second, making money from dividends in the future. Or, as I like to say, making money from dividends forever.
Here are some additional thoughts. To address the second of today’s goals. Specifically, making future dividends.
Tip #1: Stocks That Pay Dividends In February, May, August, and November
The last stock we covered was Realty Income. And by now, you know that this stock pays dividends monthly.
On the other hand, the rest of the stocks on today’s list pay quarterly dividends. They represent stocks that pay dividends in February, May, August, and November.
So, just like “clockwork”, you can set your dividend calendar and receive dividends in these other months too.
And remember this next point.
Tip #2: Check The Ex-Dividend Date For November Dividends
To receive November dividends. You have to own the stock before the ex-dividend date.
Thus, I’ve noted the approximate timing of this important dividend date for each of today’s stocks in the list.
However, these dates vary and are subject to board of director approval each time a dividend is to be paid.
So, be sure to check with your stock broker. Or each company’s investor relations website.
By doing so, get the exact ex-dividend date for the November dividend of your company or companies.
Then, once you own a dividend stock and continue to hold it, you are entitled to every approved dividend in the future.
Are you too late for November dividend stocks? Then check out these stocks that pay dividends in December.
Tip #3: Keep Your Investment Fees Low On Stocks That Pay Dividends In November
Never pay a commission for buying and selling stocks. For self-directed investors, those days are long gone.
For example, I trade for free using the Webull app. It’s fast, easy to use, and has excellent research features.
Webull offers free stock for new investors who open and fund an account for a limited time.
Are you interested in trading your stocks on a convenient app for free? Then you can learn more about Webull here.
Tip #4: Never Buy A Stock Just Because It Pays Dividends In November
It’s a great idea to work out the timing of your dividend payments. Doing so allows you to make a consistent flow of dividend income.
On the other hand, never buy a stock just based on WHEN it pays. Other factors are much more important.
For example, consider these areas when assessing a company’s dividend:
- Growth rate
- Safety
- Payout ratio
- History
These fundamental dividend metrics are much more important than when a company pays dividends. Furthermore, doing the research increases the odds of making safe dividends forever.
So, I recommend that you do your research! After all, it’s your money.
Tip #5: Minimize Taxes On Your Stocks That Pay Dividends In November
Regarding the pros and cons of dividends, income taxes are on the cons list.
The tax laws are complex, and everyone’s tax situation is different. So, it’s a good idea to consult with your tax advisor.
However, I will offer up some tips to reduce taxes for dividend investors since we are all trying to make the most money from dividends.
First, buy and hold your dividend stocks for the long term.
I’m not saying there will never be a good reason to sell. But by holding for the long run. You can minimize paying capital gains taxes.
That’s why doing your stock research upfront is important. So you don’t buy a dividend stock issued by a company with deteriorating fundamentals. Then, be compelled to sell out to avoid holding a poor investment.
Second, hold your dividend stocks in a qualified retirement account.
Depending on the type of account, the tax on dividend income may be deferred. Or, in the case of a Roth IRA, future taxes will never be due.
So, have you considered opening an IRA and investing for a secure retirement? If yes, do it! Saving and investing money for retirement is always a good idea!
Here’s another pointer about November dividend stocks and other stocks that pay dividends too.
Tip #6: Reinvest All Your Dividends Paid In November
Suppose you do not need your dividend income for retirement or living expenses.
Then, it’s a great idea to reinvest all the dividends payable in November that you receive. Do so right back into your dividend stock investment portfolio.
Tell your stockbroker to reinvest dividends automatically and immediately back into the stock that paid them.
Or, let your dividends accumulate in cash. Then, invest that cash in dividend stocks as you see fit.
Furthermore, if you are searching for more investment ideas for putting that money to work, I have a recommendation.
Consider the Motley Fool Stock Advisor.
Motley Fool is a great resource for delivering investment ideas to your inbox monthly. Thus. never miss a great opportunity. Use your fresh dividends received to build upon your dividend portfolio.
That way, no dividend stock gets too large, subjecting your investments to diversification risk.
And finally, one more tip.
Tip #7: Monitor Your November Dividend Stocks And Finances Regularly
When you do dividend investing right with good research and stock selection from the start. Then monitoring your stocks and portfolio is mostly passive.
Choose your dividend stocks wisely and forget it. Buy and hold forever and let your dividends roll in. Enjoy rising dividends and stock prices over the long run.
Of course, there are no guarantees. So, checking your stock performance at least once or twice yearly is a good idea. Make sure you are comfortable with the investment risks you are taking.
Then, fine-tune your expense budget. Look for opportunities to save money. Funnel your savings wisely into your dividend stocks.
To do all this, I use Empower.
Empower is an excellent online money management tool to pull your budget and investments together in one place.
Best of all? Empower is free to sign up and use.
You can learn more about Empower here.
Okay. In the introduction to this article, I promised you 15 November dividend stocks. So, I owe you five more, and here they are.
5 Additional Stocks That Pay Dividends In November
- Air Products & Chemicals (APD)
- Caterpillar (CAT)
- Coglate Palmolive (CL)
- General Dynamics (GD)
- Lowe’s Companies (LOW)
These additional stocks also pay consistent and growing dividends.
The companies are attractive options for dividend investors. Each has a long history of paying dividends and increasing them annually.
Their diverse business models across industrials, consumer staples, and retail provide excellent diversification. At the same time, their strong cash flows and healthy balance sheets provide dividend safety.
As a result, this additional basket of five November dividend stocks offers an appealing mix.
Okay. That’s all I have for today. I hope you enjoyed feasting on November dividends. Here are some final thoughts and additional resources.
Stocks That Pay Dividends In November – Final Thoughts
Today, I outline 15 stocks that pay dividends in November. They were:
- Retail goods maker: Clorox
- Dividend King: P&G
- Food producer: Hormel
- Healthcare giant: Abbott
- Pharma company: AbbVie
- Telecom company: AT&T
- Wireless provider: Verizon
- Tech device maker: Apple
- Payroll processor: Paychex
- REIT stock: Realty Income
- Industrial gas provider: Air Products
- Equipment manufacturer: Caterpillar
- Home goods maker: Colgate-Palmolive
- Aerospace company: General Dynamics
- Retailer: Lowe’s Companies
Now you know what stocks pay dividends in November. A few of the good ones, anyway.
So, enjoy your dividends. And good luck with your investment decisions.
Most importantly, do your research before you invest. After all, as I like to say, it’s your money!
More Reading About Stocks That Pay Dividends In November And Beyond
- All of our dividend stock posts and articles
- Top-notch September dividend stocks
- Best of the best October dividend stocks
Make The Most Out Of Your Stocks That Pay Dividends In November With These Resources
Here is a summary of some excellent dividend-investing resources I mentioned in the article.
- Trade stocks for free with the Webull app
- Get dividend stock recommendations from Simply Investing
- Get top stock picks from Motley Fool
- Manage all of your finances with Empower
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.