Top 39 Stocks That Pay Dividends in February - 2024

Investing in dividend-paying stocks is a reliable way to generate steady income, and timing can be key to maximizing your returns. For investors focused on building a portfolio with consistent payouts, stocks that distribute dividends in February are an excellent choice. By planning your investments around these companies, you can ensure a steady stream of dividends throughout the year. In this article, we’ll highlight top-performing stocks that pay dividends in February, giving you insight into key financial metrics like dividend yield, payout ratios, and growth trends. 

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Apple0.38%16.25%41.79%68.79%1.38%-19.56%-22.27%
AT&T4.84%90.45%18.25%1.61%0.09%-11.11%-4.72%
Hormel Foods3.41%76.39%22.58%2.27%0.10%7.96%4.93%
Paychex2.71%80.23%29.61%12.97%0.45%9.68%17.33%
Verizon6.71%114.26%17.15%1.74%0.10%2.02%2.37%
Abbott Laboratories1.92%65.30%34.48%5.00%0.15%12.74%13.80%
Brown & Brown0.52%14.07%27.82%4.53%0.18%4.56%2.53%
Caterpillar1.47%24.61%16.67%9.18%0.58%8.80%11.26%
Colgate-Palmolive2.14%56.15%26.33%173.67%8.21%2.85%-0.36%
General Dynamics2.10%41.22%20.05%3.18%0.17%7.54%12.00%
Nucor1.84%20.61%11.00%1.36%0.12%6.09%3.46%
Realty Income5.89%291.48%52.57%1.20%0.02%3.00%3.46%
Procter & Gamble2.34%66.12%27.80%7.68%0.29%5.63%4.67%
Pentair0.90%22.58%25.41%4.84%0.20%-3.47%-0.87%
West Pharmaceutical Services0.25%11.73%46.94%8.52%0.18%6.20%1.40%
OneMain7.42%90.15%12.13%2.07%0.17%0.00%0.00%
USA Compression Partners9.20%347.54%35.24%43.38%0.61%0.00%5.34%
Ares Dynamic Credit Allocation Fund9.44%60.52%6.46%1.02%0.16%1.00%-0.35%
CrossAmerica Partners10.03%521.51%41.49%-13.49%-1.16%-0.95%1.97%
Vodafone8.11%337.19%307.07%3.70%0.01%-11.34%-5.14%
Black Stone Minerals13.41%102.97%8.33%3.58%0.34%7.35%0.00%
PIMCO Strategic Income Fund8.21%79.98%11.23%1.70%0.15%-6.66%-5.78%
RiverNorth Capital and Income Fund10.86%84.77%8.69%0.94%0.11%0.00%0.00%
Stellus Capital Investment11.57%81.38%7.48%0.99%0.14%3.30%1.63%
PennantPark Floating Rate Capital11.08%85.82%7.59%0.79%0.12%4.41%1.43%
Pioneer Floating Rate Fund11.15%62.78%11.24%0.98%0.09%10.60%1.95%
Dynex Capital13.48%122.93%11.04%0.84%0.09%16.72%3.37%
Seven Hills Realty Trust10.61%110.51%10.35%0.72%0.07%1.18%1.05%
RiverNorth Opportunities Fund12.30%0.00%6.22%0.73%0.12%-9.45%0.00%
Alliance Resource Partners10.90%78.79%7.15%1.73%0.24%6.23%-4.77%
abrdn Global Income Fund14.05%212.71%13.91%1.39%0.11%0.00%-1.01%
RiverNorth/DoubleLine Strategic Opportunity Fund14.14%116.84%6.85%0.58%0.08%-7.41%0.00%
Office Properties Income Trust2.80%-55.60%-2.98%0.06%-0.02%-5.45%-2.76%
Ellington Residential Mortgage REIT13.95%91.67%8.37%0.92%0.14%-7.92%-1.70%
DHT10.58%96.70%9.43%1.48%0.16%70.42%30.55%
AGNC Investment15.24%101.04%6.62%0.79%0.13%-7.79%-9.13%
Orchid Island Capital18.05%143.57%9.75%0.88%0.11%10.96%2.58%
AbbVie3.45%212.79%62.10%52.73%0.66%10.52%13.98%
Clorox2.97%167.23%56.67%337.20%2.68%5.05%5.83%