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.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Berry17.99%74.96%3.84%0.44%0.12%35.80%0.00%
Genco Shipping & Trading9.21%82.74%10.70%0.79%0.07%0.00%0.00%
Pioneer Natural Resources2.14%54.25%13.27%2.67%0.21%112.79%67.56%
Sempra2.67%57.84%19.87%7.39%0.12%-0.06%3.54%
Chicago Atlantic Real Estate Finance13.50%106.26%8.19%1.07%0.13%0.00%0.00%
Dynex Capital13.68%122.93%10.88%0.83%0.09%16.72%3.37%
Arbor Realty Trust11.65%133.07%9.39%0.92%0.10%10.71%12.88%
Cal-Maine Foods3.01%21.70%11.02%2.47%0.24%29.31%0.00%
Franklin BSP Realty Trust10.84%152.63%11.29%0.71%0.06%0.00%0.00%
Alexander's8.04%194.65%24.22%6.03%0.22%0.00%5.05%
Wells Fargo &2.02%34.33%13.87%1.37%0.10%-4.54%1.23%
IBM2.91%95.65%32.94%8.62%0.27%1.32%6.01%
W.W. Grainger0.66%22.58%32.44%16.94%0.55%6.37%7.36%
OneMain7.18%90.15%12.54%2.14%0.17%0.00%0.00%
Delek Logistics Partners10.90%184.73%14.40%-41.35%-1.72%6.33%11.34%
USA Compression Partners8.86%347.54%36.60%45.05%0.61%0.00%5.34%
BlackRock1.95%50.12%25.32%3.83%0.15%10.72%11.52%
Kimbell Royalty Partners11.03%464.06%23.68%2.36%0.07%0.83%0.00%
Enbridge6.68%122.28%20.00%2.03%0.10%4.74%7.60%
BlackRock Corporate High Yield Fund9.48%62.99%8.83%1.01%0.12%1.83%-1.45%
PGIM High Yield Bond Fund9.12%85.89%9.42%0.99%0.11%4.16%-2.35%
Pioneer Diversified High Income Fund9.21%58.50%6.15%0.98%0.17%-1.08%-4.83%
TC Energy5.81%77.50%14.08%2.40%0.17%0.30%4.22%
CrossAmerica Partners10.28%521.51%40.50%-13.16%-1.16%-0.95%1.97%
Bain Capital Specialty Finance10.53%87.53%8.46%0.95%0.11%31.30%0.00%
BlackRock Debt Strategies Fund10.90%56.13%4.61%1.00%0.22%4.95%12.94%
SLR Investment9.86%92.46%9.38%0.91%0.10%0.01%-1.96%
Vodafone7.67%310.07%232.37%3.79%0.02%-11.34%-5.14%
Black Stone Minerals12.84%102.97%8.70%3.73%0.34%7.35%0.00%
RiverNorth Capital and Income Fund11.05%84.77%8.53%0.92%0.11%0.00%0.00%
Stellus Capital Investment11.57%93.20%7.49%0.99%0.14%3.30%1.63%
PennantPark Floating Rate Capital11.16%75.16%7.66%0.92%0.14%4.41%1.43%
Pioneer Floating Rate Fund11.22%75.45%9.13%0.97%0.11%10.60%1.95%
Great Ajax9.27%-10.47%-1.17%0.56%-0.44%-9.03%0.00%
Runway Growth Finance17.36%181.16%9.75%0.78%0.08%0.00%0.00%
FS Credit Opportunities10.87%51.95%0.00%0.00%0.18%0.00%0.00%
FAT Brands10.53%-11.48%-0.61%-0.23%0.47%0.00%0.00%
Chimera Investment9.39%63.59%3.36%0.43%0.13%-18.94%6.88%
Seven Hills Realty Trust10.72%110.51%10.25%0.71%0.07%1.18%1.05%
Generation Income Properties14.84%-32.16%-1.01%1.61%-0.94%0.00%0.00%
New York Mortgage Trust13.03%15264.20%674.97%0.39%0.00%8.45%1.06%
Oxford Square Capital15.73%-525.54%-36.85%1.08%-0.03%-7.56%-7.36%
RiverNorth Opportunities Fund12.51%0.00%6.12%0.72%0.12%-9.45%0.00%
Presidio Property Trust3.51%-7.69%-0.25%0.28%-0.80%0.00%0.00%
Alliance Resource Partners9.80%78.79%7.96%1.92%0.24%6.23%-4.77%
abrdn Global Income Fund14.14%212.71%13.81%1.38%0.11%0.00%-1.01%
Portman Ridge Finance16.34%706.67%43.37%0.83%0.02%47.05%10.00%
Angel Oak Mortgage13.32%43.51%3.15%0.86%0.28%0.00%0.00%
RiverNorth/DoubleLine Strategic Opportunity Fund14.23%116.84%6.81%0.58%0.08%-7.41%0.00%
Office Properties Income Trust2.42%-55.60%-3.44%0.07%-0.02%-5.45%-2.76%
Ellington Residential Mortgage REIT14.26%91.67%8.19%0.90%0.14%-7.92%-1.70%
DHT10.10%96.70%9.88%1.55%0.16%70.42%30.55%
AGNC Investment14.77%101.04%6.83%0.82%0.13%-7.79%-9.13%
Invesco Mortgage Capital19.23%120.31%5.58%0.55%0.11%6.02%-0.22%
Sachem Capital22.01%-512.84%-20.60%0.34%-0.02%-4.68%0.00%
Cornerstone Total Return Fund13.75%0.00%6.83%1.32%0.20%-12.61%1.79%
Cornerstone Strategic Value Fund12.26%0.00%6.18%1.23%0.21%-15.43%0.01%
Oxford Lane Capital19.35%77.29%4.64%0.82%0.20%-10.51%-8.25%
ARMOUR Residential REIT16.16%135.94%7.38%0.74%0.11%-2.98%9.24%
Orchid Island Capital18.16%143.57%9.69%0.87%0.11%10.96%2.58%
CVR Partners9.38%141.72%14.34%2.62%0.18%0.00%0.00%