January Dividend Aristocrats: 22 Stocks that pay in January

When planning your dividend portfolio, understanding when stocks pay their dividends is helpful to forecast your future income. Here is a list of 22 January Dividend Aristocrats that typically pay dividends in January.

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 January sign with roses to check out the list of January 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.

22 Dividend Aristocrat stocks that pay dividends in January

The following 22 Dividend Aristocrats are not the only companies that pay dividends in January. 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 first month of each quarter: January, April, July, and October. The payout increases vary from company to company and don’t follow a pattern within the industries.

For the companies that pay in January, 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 22 Dividend Aristocrats that pay dividends in January (based on their historical payments) include:

Automatic Data Processing (ADP)

Automatic Data Processing provides cloud-based human capital management solutions worldwide, operating in two segments: Employer Services and Professional Employer Organization.

  • Founded: 1949
  • Headquarters: Roseland, New Jersey
  • Sector: Information technology
  • Industry: Data Processing and Outsourced Services
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Albemarle Corporation (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide.

  • Founded: 1887
  • Headquarters: Charlotte, North Carolina
  • Sector: Materials
  • Industry: Specialty Chemicals
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: April

Franklin Resources (BEN)

Franklin Resources is an asset management holding company that provides services to individuals, institutions, pension plans, trusts, and partnerships.

  • Founded: 1947
  • Headquarters: San Mateo, California
  • Sector: Financials
  • Industry: Asset Management and Custody Banks
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Brown-Forman (Class B shares) (BF.B)

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages.

  • Founded: 1870
  • Headquarters: Louisville, Kentucky
  • Sector: Consumer Staples
  • Industry: Distillers and Vintners
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Cardinal Health Inc. (CAH)

Cardinal Health is an integrated healthcare services and products company that provides customized solutions for hospitals, ambulatory surgery centers, healthcare systems, physician offices, patients in the home, pharmacies, and clinical laboratories.

  • Founded: 1979
  • Headquarters: Dublin, Ohio
  • Sector: Health Care
  • Industry: Health Care Distributors
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: July

Chubb Limited (CB)

Chubb Limited provides insurance and reinsurance products worldwide.

  • Founded: 1985
  • Headquarters: Zurich, Switzerland
  • Sector: Financials
  • Industry: Property and Casualty Insurance
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: July

Cincinnati Financial Corp (CINF)

Cincinnati Financial Corp provides property-casualty insurance products in the United States.

  • Founded: 1950
  • Headquarters: Fairfield, Ohio
  • Sector: Financials
  • Industry: Property and Casualty Insurance
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: April

Ecolab Inc (ECL)

Ecolab Inc provides water, hygiene, and infection prevention solutions and services worldwide.

  • Founded: 1923
  • Headquarters: St. Paul, Minnesota
  • Sector: Materials
  • Industry: Specialty Chemicals
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Essex Property Trust (ESS)

Essex Property Trust is a real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets.

  • Founded: 1971
  • Headquarters: San Mateo, California
  • Sector: Real Estate
  • Industry: Residential REITs
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: April

Federal Realty Investment Trust (FRT)

Federal Realty Investment Trust owns, operates, and redevelops high-quality retail-based properties located primarily in major coastal markets.

  • Founded: 1962
  • Headquarters: North Bethesda, Maryland
  • Sector: Real Estate
  • Industry: Retail REITs
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: October

Genuine Parts Company (GPC)

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials.

  • Founded: 1928
  • Headquarters: Atlanta, Georgia
  • Sector: Consumer Discretionary
  • Industry: Distributors
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: April

Illinois Tool Works (ITW)

Illinois Tool Works manufactures and sells industrial products and equipment worldwide.

  • Founded: 1912
  • Headquarters: Glenview, Illinois
  • Sector: Industrials
  • Industry: Industrial Machinery
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: October

Kimberly-Clark (KMB)

Kimberly-Clark manufactures and markets personal care and consumer tissue products worldwide together with its subsidiaries.

  • Founded: 1872
  • Headquarters: Dallas, Texas
  • Sector: Consumer Staples
  • Industry: Household Products
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: April

Medtronic (MDT)

Medtronic develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide.

  • Founded: 1949
  • Headquarters: Dublin, Ireland
  • Sector: Health Care
  • Industry: Health Care Equipment
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: July

McCormick & Company (MKC)

McCormick & Company manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

  • Founded: 1889
  • Headquarters: Hunt Valley, Maryland
  • Sector: Consumer Staples
  • Industry: Packaged Foods and Meats
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Nordson Corp (NDSN)

Nordson Corp engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through three segments: Medical and Fluid Solutions, Industrial Precision Solutions (IPS), and Advanced Technology Solutions (ATS). Nordson typically increases its dividend in September.

  • Founded: 1901
  • Headquarters: Westlake, Ohio
  • Sector: Industrials
  • Industry: Industrial Machinery and Supplies and Components
  • Payment Pattern: January, April, June, September
  • Typical Dividend Increase: January

PepsiCo, Inc. (PEP)

PepsiCo, Inc. operates as a food and beverage company worldwide.

  • Founded: 1898
  • Headquarters: Purchase, New York
  • Sector: Consumer Staples
  • Industry: Soft Drinks
  • Payment Pattern: January, March, June, and September
  • Typical Dividend Increase: June

One thing to note about the PepsiCo dividend payouts is that it doesn’t follow a typical pattern.

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.

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

Realty Income doesn’t follow one of the typical dividend payout patterns. It typically pays out monthly and was added to the Dividend Aristocrats list in 2020.

Roper Technologies (ROP)

Roper Technologies designs and develops software, and engineered products and solutions.

  • Founded: 1981
  • Headquarters: Sarasota, Florida
  • Sector: Industrials
  • Industry: Industrial Conglomerates
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: January

Sysco (SYY)

Sysco engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry through its subsidiaries.

  • Founded: 1969
  • Headquarters: Houston, Texas
  • Sector: Consumer Staples
  • Industry: Food Distributors
  • Payment Pattern: January, April, July, October
  • Typical Dividend Increase: July

Walmart (WMT)

Walmart operates retail, wholesale, and other units worldwide.

  • Founded: 1945
  • Headquarters: Bentonville, Arkansas
  • Sector: Consumer Staples
  • Industry: Hypermarkets and Super Centers
  • Payment Pattern: January, April, June, and September.
  • Typical Dividend Increase: April

Walmart doesn’t follow one of the typical dividend payout patterns. It typically pays out in January, April, June, and September.

6 January dividend paying stocks that also increase their dividends in January

Of the 22 Dividend Aristocrats that pay their dividends this month, these January dividend paying stocks have also historically increased their annual dividend in January. The 6 January dividend stocks include:

  • Automatics Data Processing Inc (ADP)
  • Brown-Forman (Class B shares) (BF.B)
  • CH Robinson Worldwide Inc (CHRW)
  • Ecolab Inc (ECL)
  • Franklin Resources (BEN)
  • McCormick & Company (MKC)
  • Roper Technologies (ROP)

1 Dividend Aristocrats was added in 2023 that pays in January

If you’ve been looking to further diversify your portfolio, as part of the update S&P did to the Dividend Aristocrats list at the beginning of 2023, 1 new January paying dividend stock was added.

  • Nordson Corp (NDSN)

Nordson is in the Industrials sector.

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