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
Apple0.40%16.25%39.90%65.67%1.38%-19.56%-22.27%
AT&T4.70%90.45%18.79%1.66%0.09%-11.11%-4.72%
Paychex2.72%79.29%29.89%13.18%0.46%9.68%17.33%
Verizon6.32%114.26%18.21%1.85%0.10%2.02%2.37%
Energy Transfer6.70%110.76%12.84%1.85%0.14%0.24%-7.20%
California Water Service2.32%31.70%14.14%1.75%0.13%6.76%4.97%
Waste Connections0.65%31.53%49.38%5.62%0.12%12.60%9.73%
AbbVie3.58%212.79%59.88%50.84%0.66%10.52%13.98%
Caterpillar1.42%24.61%17.26%9.50%0.58%8.80%11.26%
Clorox2.95%167.23%57.18%340.23%2.68%5.05%5.83%
Dynex Capital13.48%122.93%11.04%0.84%0.09%16.72%3.37%
Arbor Realty Trust12.04%133.07%9.09%0.89%0.10%10.71%12.88%
Cal-Maine Foods2.85%21.70%11.63%2.61%0.24%29.31%0.00%
Alexander's8.33%194.65%23.36%5.81%0.22%0.00%5.05%
Caterpillar1.42%24.61%17.26%9.50%0.58%8.80%11.26%
Brown & Brown0.52%14.07%27.91%4.55%0.18%4.56%2.53%
Albemarle1.62%-14.36%-6.24%1.14%-0.18%3.61%5.24%
Chubb1.30%14.19%11.15%1.70%0.16%3.29%0.42%
Realty Income5.65%291.48%54.78%1.25%0.02%3.00%3.46%
General Dynamics2.12%41.22%19.84%3.14%0.17%7.54%12.00%
Atmos Energy2.33%47.27%20.48%1.76%0.09%8.85%7.86%
Sherwin-Williams0.78%27.33%35.72%21.98%0.68%-6.79%1.92%
Clorox2.95%167.23%57.18%340.23%2.68%5.05%5.83%
Pentair0.86%22.58%26.61%5.07%0.20%-3.47%-0.87%
Lowe's1.72%37.18%21.71%-11.08%-0.48%19.29%20.25%
Consolidated Edison3.58%59.16%17.40%1.47%0.09%2.53%2.79%
Walmart0.88%33.23%38.50%8.60%0.23%1.85%1.95%
Nucor1.72%20.61%11.73%1.45%0.12%6.09%3.46%
Abbott Laboratories1.94%65.30%34.10%4.94%0.15%12.74%13.80%
AbbVie3.58%212.79%59.88%50.84%0.66%10.52%13.98%
W.W. Grainger0.69%22.58%31.00%16.19%0.55%6.37%7.36%
Hormel Foods3.41%76.39%22.58%2.27%0.10%7.96%4.93%
Colgate-Palmolive2.12%56.15%26.63%175.65%8.21%2.85%-0.36%
Emerson Electric1.61%61.03%37.72%3.43%0.09%1.40%2.31%
Procter & Gamble2.32%66.12%28.15%7.77%0.29%5.63%4.67%