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
Albemarle1.59%-14.36%-6.35%1.16%-0.18%3.61%5.24%
Automatic Data Processing1.84%58.20%32.29%23.23%0.82%12.96%11.18%
Brown-Forman2.05%41.30%20.36%5.81%0.29%-12.64%-2.32%
Cardinal Health1.64%39.27%23.63%-9.11%-0.38%1.10%5.38%
Chubb1.24%14.19%11.58%1.76%0.16%3.29%0.42%
Cincinnati Financial2.02%15.67%8.00%1.78%0.24%7.19%6.13%
Ecolab0.92%32.16%34.39%8.23%0.25%5.03%8.39%
Essex Property Trust3.12%111.25%36.19%3.66%0.10%4.43%6.68%
Federal Realty Investment Trust3.77%124.95%33.16%3.13%0.10%1.44%3.69%
Franklin Resources5.54%141.22%24.88%0.92%0.04%-24.71%1.18%
Genuine Parts2.41%50.06%15.94%3.69%0.24%5.70%5.86%
Illinois Tool Works2.06%48.42%23.69%24.13%1.12%8.77%12.98%
Kimberly-Clark3.50%62.10%17.79%36.09%2.38%3.37%3.83%
Realty Income5.58%291.48%55.49%1.27%0.02%3.00%3.46%
Roper Technologies0.54%21.26%40.52%3.23%0.08%10.60%18.62%
Sysco2.47%51.82%20.72%18.23%0.91%6.58%3.45%
Altria6.96%66.57%9.42%-27.95%-2.72%5.06%7.63%
Coca-Cola3.08%78.28%26.06%10.23%0.40%3.36%5.09%
Medtronic3.30%84.54%25.16%2.23%0.09%13.50%9.60%
New York Mortgage Trust13.03%15264.20%674.97%0.39%0.00%8.45%1.06%
Carlyle Secured Lending10.94%98.21%8.89%0.95%0.11%0.93%0.00%
Golub Capital BDC11.96%123.52%10.12%0.69%0.08%1.52%1.67%
Rithm Capital8.97%155.65%9.89%0.72%0.08%-12.94%7.29%
AGNC Investment14.77%101.04%6.83%0.82%0.13%-7.79%-9.13%
Franklin BSP Realty Trust10.84%152.63%11.29%0.71%0.06%0.00%0.00%
Outfront Media10.07%85.04%13.14%4.35%0.34%-3.58%0.00%
TC Energy5.77%77.50%14.12%2.41%0.17%0.30%4.22%
Ares Dynamic Credit Allocation Fund9.25%60.52%6.59%1.04%0.16%1.00%-0.35%
Voya Financial2.56%30.49%13.79%2.02%0.16%97.44%50.60%
SLR Investment9.86%92.46%9.38%0.91%0.10%0.01%-1.96%
AG Mortgage Investment Trust9.85%42.06%2.74%0.37%0.13%-18.28%-12.70%
PIMCO Strategic Income Fund7.59%79.98%12.15%1.84%0.15%-6.66%-5.78%
Stellus Capital Investment11.57%93.20%7.49%0.99%0.14%3.30%1.63%
Lument Finance Trust11.58%75.36%6.24%0.56%0.09%-1.40%-14.90%
MidCap Financial Investment12.25%83.93%10.34%0.91%0.09%11.05%6.63%
WhiteHorse Finance17.05%162.06%9.12%0.82%0.09%1.77%0.88%
PennantPark Floating Rate Capital11.16%75.16%7.66%0.92%0.14%4.41%1.43%
Blackstone Mortgage Trust12.30%-176.29%-13.50%0.86%-0.06%0.00%13.16%
Uniti7.46%106.45%14.05%-0.58%-0.04%-24.21%0.00%
Woodside Energy7.80%142.92%16.76%0.89%0.05%12.26%0.51%
Invesco6.79%-256.65%-34.50%0.55%-0.02%-5.90%3.44%
BrightSpire Capital12.04%-81.10%-6.26%0.74%-0.11%-12.89%0.00%
PennyMac Mortgage Investment Trust11.78%108.26%7.05%0.61%0.09%-3.17%-3.48%
Dynex Capital13.68%122.93%10.88%0.83%0.09%16.72%3.37%
Goldman Sachs BDC13.76%311.06%20.16%0.96%0.05%0.00%0.00%
FS KKR Capital13.18%199.05%11.67%0.92%0.08%28.26%0.00%
PennantPark Investment12.97%148.00%10.59%0.92%0.09%2.26%-3.25%
Chicago Atlantic Real Estate Finance13.39%106.26%8.26%1.08%0.13%0.00%0.00%
Trinity Capital14.25%110.21%8.87%1.02%0.13%0.00%0.00%
Ares Commercial Real Estate14.81%-100.27%-6.23%0.70%-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 Capital15.73%-525.54%-36.85%1.08%-0.03%-7.56%-7.36%
Two Harbors Investment15.27%-54.81%-2.89%0.56%-0.19%2.24%6.02%
TPG RE Finance Trust10.63%149.33%11.01%0.65%0.06%-10.90%0.00%
Ellington Residential Mortgage REIT14.26%91.67%8.19%0.90%0.14%-7.92%-1.70%
Nordic American Tankers14.24%155.79%9.99%1.17%0.12%47.58%-2.64%
KKR Real Estate Finance Trust10.07%5386.47%379.56%0.60%0.00%0.35%0.00%
AFC Gamma17.89%496.02%23.17%0.97%0.03%0.00%0.00%
Global Net Lease15.60%-191.74%-10.00%0.77%-0.07%-6.11%0.00%
Granite Point Mortgage Trust12.78%-29.64%-0.96%0.27%-0.25%-13.16%0.00%
Brandywine Realty Trust10.42%-33.70%-3.22%0.91%-0.25%0.00%1.84%
Medical Properties Trust11.83%-14.44%-1.07%0.49%-0.39%-2.52%0.83%
Via Renewables13.76%45.28%4.09%1.26%0.15%-24.23%0.00%
Chevron4.09%70.19%17.20%1.84%0.10%6.16%4.47%
Atmos Energy2.19%47.27%21.81%1.87%0.09%8.85%7.86%
T. Rowe Price3.96%53.90%13.21%2.70%0.21%11.75%12.37%
Cintas1.11%33.66%54.95%22.39%0.40%32.75%27.07%
Exxon Mobil3.35%47.99%15.20%1.91%0.14%2.64%4.11%
Aflac1.86%27.72%15.78%2.42%0.16%5.26%1.70%
Sherwin-Williams0.74%27.33%37.75%23.23%0.68%-6.79%1.92%
McDonald's2.26%58.34%26.03%-41.46%-1.69%8.26%7.16%
PepsiCo2.48%75.99%23.55%11.33%0.49%6.63%8.24%
Abbott Laboratories1.90%65.30%34.76%5.04%0.15%12.74%13.80%
Johnson & Johnson3.28%79.71%24.51%5.13%0.21%5.83%6.14%