7 Dividend Stocks That Pay in January, April, July, and October


If you’re a Dividend Investor and are looking to add a few stocks to your portfolio that will pay you in the months of January, April, July & October – stick around we’re going to give you a couple to check out (7 to be exact 👍).

The cool thing about investing in individual stocks is that not all companies pay their dividends in the same months.

Typically, companies that pay in January will also pay in April, July, and October. This may vary between companies, but this is the typical schedule.

To get things started here are some of our favorites:

  • Taiwan Semiconductor Manufacturing Co., Ltd. (TSM)
  • Cisco (CSCO)
  • Walmart (WMT)
  • Cardinal Health (CAH)
  • Pepsi (PEP)
  • Medtronic (MDT)
  • Automatic Data Processing (ADP)

In our opinion, these are solid companies that we feel comfortable with investing in. However, just because they pay in a particular month, doesn’t mean you should invest into them over other companies. Make sure you understand what the company is and you’re comfortable with investing into them regardless of what month their dividend schedule is. Because do keep in mind, companies can always change their dividend schedules as things could change in their businesses. Not very common, but still possible that things could change with their management and agenda or strategies could change. Lastly, companies can even cut dividends – which can and has happened often in the past, so that’s definitely something else to always keep in mind.

7 Dividend Stocks That Pay in the Month of January, April, July, and October

Taiwan Semiconductor Manufacturing Co., Ltd. (TSM)

Sector – Technology

Industry – Semiconductors

Type – Large Cap Blend

The world’s largest chip maker is located in Taiwan (almost 60% of the Market Share) – $TSM. TSM works with several other big names such as Apple, AMD and Nvidia in partnership and development of their products.

Cisco Systems Inc (CSCO)

Sector – Technology

Industry – Communication Equipment

Type – Large Cap Value

Cisco Systems specializes in networking equipment and is one of the largest providers in the entire world. Some of their popular products and services include networking hardware/software and cybersecurity-focused software.

Walmart (WMT)

Sector – Consumer Defensive

Industry – Discount Stores

Type – Large Cap Blend

Walmart is by far one of the biggest retailers in the United States and becoming even more popular with its online e-commerce space. Walmart has more than 4,700 stores located in the United States as well as 5,300 Sam’s Club stores. More than 10,000 globally, including all of the stores they have located around the globe.

Cardinal Health (CAH)

Sector – Healthcare

Industry – Medical Distribution

Type – Mid-Cap Blend

Cardinal Health is one of the biggest pharmaceutical wholesalers located in the United States. They focus on finding/delivering pharmaceutical products to retailers, hospitals, and doctor’s offices across the U.S. They also have a department that focuses on products and specialized equipment used in common medical procedures.

Pepsi (PEP)

Sector – Consumer Defensive

Industry – Beverages  / Non-Alcoholic

Type – Large-Cap Blend

Pepsi is one of the biggest drink and snack suppliers in the world and Coca-Cola ($KO) is by far one of their biggest competitors for sure. They have a unique portfolio of drinks and snacks that keep them competitive within their industry. They’ve been a beast alongside $KO for such a long time, it will be interesting to see how long they can continue to innovate their products.

Medtronic (MDT)

Sector – Healthcare

Industry – Medical Devices

Type – Large-Cap Value

Medtronic is a company that specializes in medical devices. They have a portfolio of different devices that help support various diseases as well as devices that specialize in other medical conditions as well. Some of those include pacemakers, defibrillators, insulin devices, surgical tools, and much more! They do have a pretty significant foreign amount of sales too, accounting for about 50%.

Automatic Data Processing (ADP)

Sector – Industrials

Industry – Staffing & Employment Services

Type – Large-Cap Blend

One of the biggest staffing, HR, and employer services software companies in the U.S. definitely has to be ADP. They serve more than 1 million clients most throughout the United States.


*As always, the information we provide should be used for informational purposes only. We are not licensed or trained financial professionals. Always be sure to do your own research or seek professional advice before investing your money into any type of investment vehicles. Make sure your risk tolerance is determined and used often when determining your investments as well.*

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