35 Stocks That Pay Dividends in May - 2024

Dividend-paying stocks offer investors a steady income stream, and timing plays a crucial role in maximizing those returns. Stocks that pay dividends in May can be particularly interesting for investors who are focused on building a consistent dividend income throughout the year. May falls in the second quarter, a period when many companies distribute their quarterly earnings to shareholders. By strategically investing in stocks that pay dividends in May, you can diversify your payout schedule and ensure a more balanced cash flow across your portfolio. We'll highlight a list of top stocks that pay dividends in May, helping you optimize your dividend strategy and capture income during this key period.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Apple0.54%16.25%36.95%60.82%1.38%-19.56%-22.27%
AT&T6.10%90.45%18.08%1.60%0.09%-11.11%-4.72%
Paychex3.42%79.29%29.82%13.15%0.46%9.68%17.33%
Verizon7.99%114.26%18.06%1.84%0.10%2.02%2.37%
Energy Transfer8.90%110.76%12.11%1.33%0.13%0.24%-7.20%
California Water Service2.20%31.70%14.90%1.84%0.13%6.76%4.97%
Waste Connections0.79%31.53%51.45%5.86%0.12%19.00%9.73%
AbbVie4.65%212.79%57.53%48.85%0.66%10.52%13.98%
Caterpillar1.79%24.61%17.34%9.54%0.58%8.80%11.26%
Clorox3.60%167.23%58.31%346.91%2.68%5.05%5.83%
Dynex Capital13.53%122.93%10.87%0.83%0.09%16.72%3.37%
Arbor Realty Trust11.64%133.07%9.40%0.92%0.10%10.71%12.88%
Cal-Maine Foods4.17%21.70%10.73%2.41%0.24%29.31%0.00%
Alexander's10.34%194.65%23.53%5.86%0.22%0.00%5.05%
Caterpillar1.79%24.61%17.34%9.54%0.58%8.80%11.26%
Brown & Brown0.63%14.07%29.29%4.77%0.18%4.56%2.53%
Albemarle1.89%-14.36%-6.68%1.22%-0.18%3.61%5.24%
Chubb1.57%14.19%11.47%1.74%0.16%3.29%9.00%
Realty Income5.45%291.48%56.60%1.29%0.02%3.00%3.46%
General Dynamics2.49%41.22%21.19%3.36%0.17%7.54%12.00%
Atmos Energy2.19%46.52%21.93%1.85%0.09%8.85%7.86%
Sherwin-Williams0.77%27.33%36.60%22.52%0.68%-6.79%1.92%
Clorox3.60%167.23%58.31%346.91%2.68%5.05%5.83%
Pentair1.10%22.58%26.01%4.96%0.20%-3.47%-0.87%
Lowe's2.18%37.18%21.49%-10.97%-0.48%19.29%20.25%
Consolidated Edison3.42%59.16%18.21%1.53%0.09%2.53%2.79%
Walmart0.94%33.23%35.38%7.90%0.23%1.85%1.95%
Nucor1.49%20.61%13.55%1.67%0.12%6.09%3.46%
Abbott Laboratories2.35%65.30%35.23%5.10%0.15%12.74%13.80%
AbbVie4.65%212.79%57.53%48.85%0.66%10.52%13.98%
W.W. Grainger0.86%22.58%31.27%16.33%0.55%6.37%7.36%
Hormel Foods4.80%78.17%20.66%2.05%0.10%7.96%4.93%
Colgate-Palmolive2.65%56.15%26.68%175.97%8.21%2.85%-0.36%
Emerson Electric1.62%61.03%37.54%3.41%0.09%1.40%2.31%
Procter & Gamble2.91%66.12%28.10%7.76%0.29%5.63%4.67%