Top 74 Stocks That Pay Dividends in October - 2024

As the final quarter of the year begins, having stocks that pay dividends in October can be a strategic way to boost your portfolio’s income. Receiving dividend payouts in October not only provides a steady cash flow but also positions investors to reinvest earnings or prepare for year-end financial planning. This month is especially appealing for dividend-focused investors looking to capitalize on consistent income as they close out the year. We’ll highlight the best stocks that pay dividends in October, offering insights into their dividend yields, financial performance, and why they’re solid additions to any income-generating portfolio.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Albemarle1.62%-14.36%-6.24%1.14%-0.18%3.61%5.24%
Automatic Data Processing1.41%58.20%31.53%22.69%0.82%12.96%11.18%
Brown-Forman1.95%41.14%21.29%5.77%0.29%-12.64%-2.32%
Cardinal Health1.70%39.27%22.72%-8.76%-0.38%1.10%5.38%
Chubb1.30%14.19%11.15%1.70%0.16%3.29%0.42%
Cincinnati Financial2.09%15.67%7.74%1.72%0.24%7.19%6.13%
Ecolab0.91%32.16%34.70%8.30%0.25%5.03%8.39%
Essex Property Trust3.21%111.25%35.18%3.56%0.10%4.43%6.68%
Federal Realty Investment Trust3.83%124.95%32.65%3.08%0.10%1.44%3.69%
Franklin Resources5.64%141.22%24.40%0.91%0.04%-24.71%1.18%
Genuine Parts3.30%50.06%15.51%3.59%0.24%5.70%5.86%
Illinois Tool Works2.08%48.42%23.49%23.93%1.12%8.77%12.98%
Kimberly-Clark3.72%62.10%16.91%34.31%2.38%3.37%3.83%
Realty Income5.65%291.48%54.78%1.25%0.02%3.00%3.46%
Roper Technologies0.55%21.26%39.83%3.18%0.08%10.60%18.62%
Sysco2.53%51.82%20.26%17.83%0.91%6.58%3.45%
Altria7.21%66.57%9.09%-26.97%-2.72%5.06%7.63%
Coca-Cola3.07%78.28%26.14%10.26%0.40%3.36%5.09%
Medtronic3.37%84.54%24.67%2.18%0.09%13.50%9.60%
New York Mortgage Trust12.18%15264.20%722.24%0.41%0.00%8.45%1.06%
Carlyle Secured Lending10.60%98.21%9.18%0.98%0.11%0.93%0.00%
Golub Capital BDC12.42%123.52%9.96%0.68%0.08%1.52%1.67%
Rithm Capital8.94%155.65%9.92%0.72%0.08%-12.94%7.29%
AGNC Investment14.88%101.04%6.78%0.81%0.13%-7.79%-9.13%
Franklin BSP Realty Trust10.87%152.63%11.25%0.70%0.06%0.00%0.00%
Outfront Media8.68%85.04%12.89%4.27%0.34%-3.58%0.00%
TC Energy6.08%77.50%13.58%2.31%0.17%0.30%4.22%
Ares Dynamic Credit Allocation Fund9.22%60.52%6.61%1.04%0.16%1.00%-0.35%
Voya Financial3.01%30.49%11.74%1.72%0.16%97.44%50.60%
SLR Investment9.74%92.46%9.49%0.92%0.10%0.01%-1.96%
AG Mortgage Investment Trust8.74%42.06%2.85%0.38%0.13%-18.28%-12.70%
PIMCO Strategic Income Fund8.27%79.98%11.15%1.69%0.15%-6.66%-5.78%
Stellus Capital Investment11.57%81.38%7.48%0.99%0.14%3.30%1.63%
Lument Finance Trust11.41%86.97%6.01%0.57%0.09%-1.40%-14.90%
MidCap Financial Investment12.29%119.22%8.46%0.65%0.10%11.05%6.63%
WhiteHorse Finance16.68%416.74%23.97%0.84%0.03%1.77%0.88%
PennantPark Floating Rate Capital11.08%85.82%7.59%0.79%0.12%4.41%1.43%
Blackstone Mortgage Trust12.35%-176.29%-13.45%0.85%-0.06%0.00%13.16%
Uniti7.96%106.45%13.17%-0.54%-0.04%-24.21%0.00%
Woodside Energy8.10%142.92%16.13%0.85%0.05%12.26%0.51%
Invesco6.74%-256.65%-34.77%0.56%-0.02%-5.90%3.44%
BrightSpire Capital11.93%-81.10%-6.32%0.75%-0.11%-12.89%0.00%
PennyMac Mortgage Investment Trust11.77%108.26%7.06%0.61%0.09%-3.17%-3.48%
Dynex Capital13.48%122.93%11.04%0.84%0.09%16.72%3.37%
Goldman Sachs BDC13.99%311.06%19.84%0.95%0.05%0.00%0.00%
FS KKR Capital16.79%199.05%11.37%0.90%0.08%28.26%0.00%
PennantPark Investment13.01%134.91%9.27%0.92%0.10%2.26%-3.25%
Chicago Atlantic Real Estate Finance13.44%106.26%8.23%1.07%0.13%0.00%0.00%
Trinity Capital14.13%110.21%8.94%1.03%0.13%0.00%0.00%
Ares Commercial Real Estate15.19%-100.27%-6.08%0.69%-0.11%3.23%3.12%
Apollo Commercial Real Estate Finance14.07%-187.72%-11.23%0.68%-0.06%-5.32%-1.33%
Oxford Square Capital15.85%-525.54%-36.58%1.08%-0.03%-7.56%-7.36%
Two Harbors Investment15.20%-54.81%-2.90%0.57%-0.19%2.24%6.02%
TPG RE Finance Trust10.60%149.33%11.05%0.65%0.06%-10.90%0.00%
Ellington Residential Mortgage REIT13.95%91.67%8.37%0.92%0.14%-7.92%-1.70%
Nordic American Tankers15.73%142.85%8.87%1.09%0.12%47.58%-2.64%
KKR Real Estate Finance Trust10.42%5386.47%366.61%0.58%0.00%0.35%0.00%
AFC Gamma18.10%496.02%22.91%0.95%0.03%0.00%0.00%
Global Net Lease16.31%-191.74%-9.56%0.73%-0.07%-6.11%0.00%
Granite Point Mortgage Trust13.51%-29.64%-0.91%0.25%-0.25%-13.16%0.00%
Brandywine Realty Trust10.43%-33.70%-3.21%0.90%-0.25%0.00%1.84%
Medical Properties Trust9.09%-14.44%-0.99%0.46%-0.39%-2.52%0.83%
Via Renewables13.72%45.28%4.10%1.27%0.15%-24.23%0.00%
Chevron4.24%70.19%16.61%1.77%0.10%6.16%4.47%
Atmos Energy2.33%47.27%20.48%1.76%0.09%8.85%7.86%
T. Rowe Price4.15%53.90%12.67%2.59%0.21%11.75%12.37%
Cintas1.17%33.66%52.00%21.19%0.40%32.75%27.07%
Exxon Mobil3.46%47.99%14.68%1.84%0.14%2.64%4.11%
Aflac1.91%27.72%15.31%2.35%0.16%5.26%1.70%
Sherwin-Williams0.78%27.33%35.72%21.98%0.68%-6.79%1.92%
McDonald's2.29%58.34%25.78%-41.06%-1.69%8.26%7.16%
PepsiCo3.37%75.99%23.18%11.15%0.49%6.63%8.24%
Abbott Laboratories1.94%65.30%34.10%4.94%0.15%12.74%13.80%
Johnson & Johnson3.35%79.71%24.04%5.03%0.21%5.83%6.14%