Best 61 Stocks That Pay Dividends in August - 2024
Stocks that pay dividends in August offer a strategic opportunity for investors to optimize their dividend income during a time when fewer companies typically make payouts. By focusing on stocks with dividends in August, investors can ensure a steady stream of income during the late summer, which can help balance cash flow throughout the year. This period is especially attractive because many companies in industries like energy, utilities, and real estate choose to distribute earnings to shareholders, providing both stability and potential for growth. We’ll explore a list of top stocks that pay dividends in August, helping you plan a well-rounded dividend investment strategy.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Berry | 13.52% | 74.96% | 3.95% | 0.45% | 0.12% | 3.86% | 0.00% |
| Genco Shipping & Trading | 10.75% | 82.74% | 9.17% | 0.68% | 0.07% | 0.00% | 0.00% |
| Pioneer Natural Resources | 0.95% | 54.25% | 13.27% | 2.67% | 0.21% | 16.36% | 41.42% |
| Sempra | 2.93% | 57.84% | 18.28% | 6.80% | 0.12% | -8.52% | -0.62% |
| Chicago Atlantic Real Estate Finance | 12.85% | 106.26% | 8.17% | 1.06% | 0.13% | 0.00% | 0.00% |
| Dynex Capital | 12.69% | 122.93% | 12.00% | 0.91% | 0.09% | 2.30% | 4.68% |
| Arbor Realty Trust | 12.50% | 133.07% | 8.75% | 0.86% | 0.10% | 8.57% | 12.71% |
| Cal-Maine Foods | 4.50% | 22.63% | 7.37% | 2.27% | 0.34% | 46.10% | 0.00% |
| Franklin BSP Realty Trust | 10.74% | 152.63% | 11.39% | 0.71% | 0.06% | 0.00% | 0.00% |
| Alexander's | 6.59% | 212.64% | 24.20% | 5.94% | 0.21% | 0.00% | 3.31% |
| Wells Fargo & | 1.92% | 23.32% | 13.57% | 1.49% | 0.11% | -4.82% | 1.06% |
| IBM | 2.54% | 76.38% | 40.44% | 8.92% | 0.24% | 0.74% | 4.61% |
| W.W. Grainger | 0.80% | 22.05% | 26.16% | 5.66% | 0.41% | 7.12% | 6.75% |
| OneMain | 7.30% | 97.84% | 13.36% | 2.13% | 0.16% | 6.55% | 0.00% |
| Delek Logistics Partners | 10.43% | 184.73% | 15.23% | -43.73% | -1.72% | 5.13% | 9.11% |
| USA Compression Partners | 7.40% | 266.36% | 32.33% | 0.00% | 1.28% | 0.00% | 0.62% |
| BlackRock | 2.09% | 36.27% | 23.80% | 3.47% | 0.15% | 9.10% | 10.20% |
| Kimbell Royalty Partners | 11.23% | 421.84% | 21.13% | 2.31% | 0.07% | 2.06% | 0.00% |
| Enbridge | 8.82% | 133.32% | 14.73% | 2.00% | 0.14% | 5.56% | 7.56% |
| BlackRock Corporate High Yield Fund | 9.44% | 57.99% | 12.17% | 1.02% | 0.08% | 1.04% | -0.97% |
| PGIM High Yield Bond Fund | 8.98% | 85.89% | 9.56% | 1.00% | 0.11% | 0.81% | -2.27% |
| Pioneer Diversified High Income Fund | 11.44% | 58.50% | 6.04% | 0.97% | 0.17% | 4.60% | -2.54% |
| TC Energy | 5.80% | 77.50% | 13.53% | 2.30% | 0.17% | 3.48% | 3.43% |
| CrossAmerica Partners | 9.27% | 521.51% | 44.90% | -14.59% | -1.16% | 0.00% | 0.10% |
| Bain Capital Specialty Finance | 9.81% | 87.53% | 9.23% | 1.03% | 0.11% | 1.88% | 0.00% |
| BlackRock Debt Strategies Fund | 10.98% | 61.32% | 7.94% | 0.99% | 0.12% | 7.31% | 14.88% |
| SLR Investment | 9.32% | 92.46% | 9.92% | 0.97% | 0.10% | 0.00% | 0.25% |
| Vodafone | 8.16% | 337.19% | 302.60% | 3.64% | 0.01% | -5.84% | -11.12% |
| Black Stone Minerals | 7.44% | 102.97% | 8.55% | 3.67% | 0.34% | 1.57% | 0.00% |
| RiverNorth Capital and Income Fund | 10.89% | 84.77% | 8.61% | 0.93% | 0.11% | 5.89% | 0.00% |
| Stellus Capital Investment | 10.44% | 81.38% | 8.29% | 1.10% | 0.14% | 3.30% | 1.17% |
| PennantPark Floating Rate Capital | 10.08% | 87.07% | 9.35% | 0.95% | 0.12% | 2.19% | 1.31% |
| Pioneer Floating Rate Fund | 10.04% | 62.78% | 11.15% | 0.95% | 0.09% | 4.62% | 3.08% |
| Great Ajax | 9.27% | -10.47% | -1.17% | 0.56% | -0.44% | -26.77% | 0.00% |
| Runway Growth Finance | 11.51% | 181.16% | 10.85% | 0.87% | 0.08% | 0.00% | 0.00% |
| FS Credit Opportunities | 10.41% | 51.95% | 0.00% | 0.00% | 0.18% | 0.00% | 0.00% |
| FAT Brands | 11.20% | -11.48% | -0.43% | -0.17% | 0.47% | 0.00% | 0.00% |
| Chimera Investment | 10.30% | 63.59% | 3.16% | 0.41% | 0.13% | -9.71% | 7.92% |
| Seven Hills Realty Trust | 10.64% | 110.51% | 10.32% | 0.72% | 0.07% | 1.18% | 0.98% |
| Generation Income Properties | 9.10% | -32.16% | -0.94% | 1.50% | -0.94% | 0.00% | 0.00% |
| New York Mortgage Trust | 13.01% | 15264.20% | 676.07% | 0.39% | 0.00% | 0.00% | -2.96% |
| Oxford Square Capital | 15.00% | -525.54% | -38.65% | 1.14% | -0.03% | -12.16% | -9.66% |
| RiverNorth Opportunities Fund | 12.47% | 0.00% | 6.13% | 0.72% | 0.12% | -5.38% | 0.00% |
| Presidio Property Trust | -% | -7.69% | -0.25% | 0.28% | -0.80% | 0.00% | 0.00% |
| Alliance Resource Partners | 10.46% | 75.27% | 9.50% | 1.64% | 0.19% | 5.47% | -2.70% |
| abrdn Global Income Fund | 14.07% | 127.94% | 9.18% | 1.66% | 0.18% | 0.00% | 0.00% |
| Portman Ridge Finance | 15.94% | 706.67% | 44.45% | 0.85% | 0.02% | 25.41% | 10.69% |
| Angel Oak Mortgage | 12.11% | 43.51% | 3.47% | 0.95% | 0.28% | 0.00% | 0.00% |
| RiverNorth/DoubleLine Strategic Opportunity Fund | 13.89% | 116.84% | 6.90% | 0.59% | 0.08% | -11.37% | 0.00% |
| Office Properties Income Trust | 4.39% | -1.49% | -0.35% | 0.04% | -0.11% | -55.13% | -31.35% |
| Ellington Residential Mortgage REIT | 14.72% | 91.67% | 7.93% | 0.87% | 0.14% | -4.04% | -7.96% |
| DHT | 10.61% | 96.70% | 11.01% | 1.73% | 0.16% | 37.97% | 28.73% |
| AGNC Investment | 13.81% | 101.04% | 7.30% | 0.87% | 0.13% | -6.36% | -5.77% |
| Invesco Mortgage Capital | 18.14% | 120.31% | 6.83% | 0.67% | 0.11% | -2.86% | -1.96% |
| Sachem Capital | 22.22% | -512.84% | -11.25% | 0.23% | -0.02% | -7.79% | 0.00% |
| Cornerstone Total Return Fund | 14.18% | 0.00% | 6.69% | 1.30% | 0.20% | -12.27% | 1.76% |
| Cornerstone Strategic Value Fund | 14.85% | 0.00% | 6.25% | 1.25% | 0.21% | -13.48% | 0.37% |
| Oxford Lane Capital | 20.55% | 118.16% | 6.88% | 0.80% | 0.13% | -8.84% | -8.57% |
| ARMOUR Residential REIT | 15.02% | -1131.94% | -66.26% | 0.70% | -0.01% | 5.92% | 16.98% |
| Orchid Island Capital | 16.42% | 143.57% | 10.71% | 0.97% | 0.11% | 8.45% | -3.97% |
| CVR Partners | 8.64% | 141.72% | 15.56% | 2.85% | 0.18% | 0.00% | 0.00% |