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
Apple0.41%16.25%39.28%64.64%1.38%-19.56%-22.27%
AT&T4.68%90.45%18.88%1.67%0.09%-11.11%-4.72%
Paychex2.65%79.29%30.63%13.51%0.46%9.68%17.33%
Verizon6.10%114.26%18.88%1.92%0.10%2.02%2.37%
Energy Transfer6.62%110.76%12.99%1.87%0.14%0.24%-7.20%
California Water Service2.15%31.70%15.22%1.88%0.13%6.76%4.97%
Waste Connections0.61%31.53%52.56%5.98%0.12%12.60%9.73%
AbbVie3.42%212.79%62.69%53.23%0.66%10.52%13.98%
Caterpillar1.36%24.61%18.11%9.97%0.58%8.80%11.26%
Clorox2.91%167.23%57.95%344.83%2.68%5.05%5.83%
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%
Alexander's8.04%194.65%24.22%6.03%0.22%0.00%5.05%
Caterpillar1.36%24.61%18.11%9.97%0.58%8.80%11.26%
Brown & Brown0.48%14.07%29.84%4.86%0.18%4.56%2.53%
Albemarle1.47%-14.36%-6.85%1.25%-0.18%3.61%5.24%
Chubb1.24%14.19%11.56%1.76%0.16%3.29%0.42%
Realty Income5.58%291.48%55.46%1.27%0.02%3.00%3.46%
General Dynamics2.01%41.22%20.92%3.31%0.17%7.54%12.00%
Atmos Energy2.19%47.27%21.81%1.87%0.09%8.85%7.86%
Sherwin-Williams0.72%27.33%38.74%23.84%0.68%-6.79%1.92%
Clorox2.91%167.23%57.95%344.83%2.68%5.05%5.83%
Pentair0.85%22.58%27.02%5.15%0.20%-3.47%-0.87%
Lowe's1.64%37.18%22.70%-11.59%-0.48%19.29%20.25%
Consolidated Edison3.40%59.16%18.31%1.54%0.09%2.53%2.79%
Walmart0.87%33.23%38.20%8.53%0.23%1.85%1.95%
Nucor1.39%20.61%14.51%1.79%0.12%6.09%3.46%
Abbott Laboratories1.89%65.30%34.97%5.07%0.15%12.74%13.80%
AbbVie3.42%212.79%62.69%53.23%0.66%10.52%13.98%
W.W. Grainger0.66%22.58%32.44%16.94%0.55%6.37%7.36%
Hormel Foods3.60%78.17%22.09%2.19%0.10%7.96%4.93%
Colgate-Palmolive2.09%56.15%26.97%177.85%8.21%2.85%-0.36%
Emerson Electric1.58%61.03%38.65%3.52%0.09%1.40%2.31%
Procter & Gamble2.26%66.12%28.87%7.97%0.29%5.63%4.67%