Dividend Aristocrats are stocks from the S&P 500 with histories of paying and increasing their dividends for 25 years or more. As part of your research into stocks for your monthly dividend portfolio, longer dividend histories can be an indicator of potential future passive income. Just remember that future dividends are never guaranteed.
One quick note I should mention. I’m not a financial planning professional. I’m sharing what’s working for me as part of my investing strategy. Always do your own research and consider your own circumstances before making any financial decisions. You could also check with your favorite financial professional to understand what would be best for your situation.
23 Dividend Aristocrat stocks that pay dividends in March
The following 23 Dividend Aristocrats are not the only stocks that pay dividends in March. This list will help you get started in researching potential stocks for your monthly dividend portfolio.
Unless otherwise indicated these stocks also follow a pattern where they payout dividends in the third month of each quarter: March, July, September, and December. The payout increases varies from company to company and doesn’t follow a pattern within the industries.
|Symbol||Company Name||Sector||Payout Increase|
|ADM||Archer-Daniels-Midland Co||Consumer Staples||March|
|BDX||Becton Dickinson||Health Care||December|
|ED||Consolidated Edison Inc||Utilities||March|
|GWW||W. W. Grainger||Industrials||June|
|JNJ||Johnson & Johnson||Health Care||June|
|SPGI||S&P Global (formerly McGraw Hill Financial, Inc.)||Financials||March|
|SWK||Stanley Black & Decker Inc.||Industrials||September|
|TGT||Target Corporation||Consumer Discretionary||September|
|TROW||T. Rowe Price||Financials||March|
|UTX||United Technologies Corporation||Industrials||December|
|VFC||VF Corporation||Consumer Discretionary||December|
|WBA||Walgreens Boots Alliance||Consumer Staples||September|
|XOM||Exxon Mobil Corp||Energy||June|
PepsiCo (PEP) doesn’t follow the standard March, June, September, December pattern. Instead of paying a dividend in December, it usually distributes in January.
Wrapping up. Are you creating a monthly dividend portfolio?
You can create a dividend portfolio to pay you monthly or nearly monthly as part of a passive income strategy. Who doesn’t like to earn extra money while they sleep? Beyond the 23 stocks listed above, there are additional stocks that usually pay dividends in March. What is important to you as you’re researching and designing your dividend portfolio?
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