February Dividend Aristocrats: 16 Stocks that pay in February

When planning your dividend portfolio, understanding when stocks pay their dividends is helpful to forecast your future income. Here is a list of 16 February Dividend Aristocrats that typically pay dividends in February.

This list will help you start your research. You should not buy a stock just because it pays at the right time or skip a stock because it doesn’t payout in the months you want. Continue to dig into each of these stocks below to understand what industries they’re in and where they are headquartered.

Hello February sign with roses to check out the list of February Dividend Aristocrats

One quick note I should mention. I’m not a licensed financial planner or financial advisor. The content on this website should be considered for information purposes and should not be considered investment advice. Always do your own research before making financial decisions. Or check with your favorite financial professional for additional information on what’s best to do for your situation.

What is a Dividend Aristocrat?

Dividend Aristocrats are companies from the S&P 500 with a history of paying and increasing their dividends for 25 years or more. As part of putting together a monthly dividend portfolio, consistent dividend histories help you build a likely reliable passive income stream.

16 Dividend Aristocrat stocks that pay dividends in February

The following 16 Dividend Aristocrats are not the only stocks that pay dividends in February. 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 second month of each quarter: February, May, August, and November. The payout increases vary from company to company and don’t follow a pattern within the industries.

For the companies that pay in February, different sectors are represented from health care to materials to real estate. You’ll be able to diversify your portfolio and still aim for a monthly paying portfolio.

The 16 Dividend Aristocrats that pay dividends in February (based on their historical payments) include:

A.O. Smith (AOS)

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products.

  • Founded: 1874
  • Headquarters: Milwaukee, Wisconsin
  • Sector: Industrials
  • Industry: Building Products
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: November

Abbott Laboratories (ABT)

Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Diagnostic Products, Established Pharmaceutical Products, Medical Devices, and Nutritional Products.

  • Founded: 1888
  • Headquarters: North Chicago, Illinois
  • Sector: Health Care
  • Industry: Health Care Equipment
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: February

AbbVie Inc. (ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. While a recently founded company, it was a spin-off from Abbot Labs.

  • Founded: 2012
  • Headquarters: North Chicago, Illinois
  • Sector: Health Care
  • Industry: Biotechnology
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: February

Air Products & Chemicals Inc. (APD)

Air Products & Chemicals provides atmospheric gases, process, and specialty gases, equipment, and services worldwide.

  • Founded: 1940
  • Headquarters: Allentown, Pennsylvania
  • Sector: Materials
  • Industry: Industrial Gases
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: May

Brown & Brown Inc (BRO)

Brown & Brown Inc markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services.

  • Founded: 1939
  • Headquarters: Daytona Beach, Florida
  • Sector: Financials
  • Industry: Insurance Brokers
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: November

Caterpillar Inc. (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel-electric locomotives, industrial gas turbines, and diesel and natural gas engines, worldwide. 

  • Founded: 1925
  • Headquarters: Deerfield, Illinois
  • Sector: Industrials
  • Industry: Construction Machinery and Heavy Trucks
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: August

The Clorox Company (CLX)

The Clorox Company manufactures and markets consumer and professional products worldwide. The Clorox Company operates through four segments: Health and Wellness, Household, Lifestyle, and International.

  • Founded: 1913
  • Headquarters: Oakland, California
  • Sector: Consumer Staples
  • Industry: Household Products
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: August

Colgate-Palmolive (CL)

Colgate-Palmolive manufactures and sells consumer products worldwide together with its subsidiaries. Colgate-Palmolive operates in two segments: Oral, Personal and Home Care, and Pet Nutrition.

  • Founded: 1806
  • Headquarters: New York, New York
  • Sector: Consumer Staples
  • Industry: Household Products
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: May

General Dynamics (GD)

General Dynamics is an aerospace and defense company. It operates in four segments: Aerospace, Marine Systems, Combat Systems, and Technologies.

  • Founded: 1899
  • Headquarters: Reston, Virginia
  • Sector: Industrials
  • Industry: Aerospace and Defense
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: May

Hormel Foods Corp (HRL)

Hormel Foods Corp produces and markets various meat and food products to retail, deli, foodservice, and commercial customers in the United States and internationally.

  • Founded: 1891
  • Headquarters: Austin, Minnesota
  • Sector: Consumer Staples
  • Industry: Packaged Foods and Meats
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: February

Lowe’s Companies, Inc. (LOW)

Lowe’s Companies, Inc. operates as a home improvement retailer in the United States and internationally together with its subsidiaries.

  • Founded: 1921
  • Headquarters: Mooresville, North Carolina
  • Sector: Consumer Discretionary
  • Industry: Home Improvement Retail
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: August

Nucor (NUE)

Nucor manufactures and sells steel and steel products. Nucor operates in three segments: Steel Mills, Steel Products, and Raw Materials.

  • Founded: 1958
  • Headquarters: Charlotte, North Carolina
  • Sector: Materials
  • Industry: Steel
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: February

Procter & Gamble (PG)

Procter & Gamble provides branded consumer packaged goods to consumers internationally.  Procter & Gamble operates in five segments: Beauty; Fabric & Home Care; Grooming; Health Care; and Baby, Feminine & Family Care.

  • Founded: 1837
  • Headquarters: Cincinnati, Ohio
  • Sector: Consumer Staples
  • Industry: Household Products
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: May

Pentair (PNR)

Pentair provides various smart water solutions worldwide. Pentair operates through two segments, Consumer Solutions; and Industrial & Flow Technologies.

  • Founded: 1966
  • Headquarters: London, United Kingdom
  • Sector: Industrials
  • Industry: Industrial Machinery
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: February

Realty Income (O)

Realty Income is a real estate investment trust (REIT) whose monthly dividend is supported by over 6,700 real estate properties that generate rental revenue from long-term lease agreements with commercial clients. It was added to the Dividend Aristocrats list in 2020.

  • Founded: 1969
  • Headquarters: San Diego, California
  • Sector: Real Estate
  • Industry: Retail REIT
  • Payment Pattern: Monthly
  • Typical Dividend Increase: Varies, typically quarterly

West Pharmaceutical Services Inc (WST)

West Pharmaceutical Services designs and produces containment and delivery systems for injectable drugs and healthcare products. It operates in two segments: Proprietary Products and Contract-Manufactured Products. West Pharmaceutical Services was added to the Dividend Aristocrats list as of December 2020.

  • Founded: 1923
  • Headquarters: Exton, Pennsylvania
  • Sector: Health Care
  • Industry: Health Care Supplies
  • Payment Pattern: February, May, August, November
  • Typical Dividend Increase: November

5 February dividend paying stocks that also increase their dividends in February

Of the 16 Dividend Aristocrats that pay their dividends this month, these February dividend paying stocks have also historically increased their annual dividend in February. The 5 February dividend stocks include:

  1. Abbott Laboratories (ABT)
  2. AbbVie Inc. (ABBV)
  3. Hormel Foods Corp (HRL)
  4. Nucor (NUE)
  5. Pentair (PNR)

Additions to the February Dividend Aristocrat List

As part of the update S&P last added to the February list at the end of 2020, when 2 new February dividend payers were added.

  • Realty Income (O)
  • West Pharmaceutical Services Inc (WST)

These 2 companies are from the real estate and healthcare sectors respectively.

February Dividend Aristocrats: List of companies that pay dividends in February