15 Shares for Month-to-month Money Circulate From Dividends

Up to date on November twenty second, 2024 by Bob Ciura

Many who observe the dividend development funding technique goal to reside off the revenue their portfolio supplies in retirement.

We consider that those who observe this technique can have a extra worry-free retirement expertise because the investor’s portfolio can present revenue whatever the state of the economic system.

Because of this we consider that traders ought to concentrate on proudly owning high-quality dividend-paying shares such because the Dividend Aristocrats, that are these firms which have raised their dividends for at the very least 25 consecutive years.

Membership on this group is so unique that simply 66 firms qualify as Dividend Aristocrat.

Now we have compiled a listing of all 66 Dividend Aristocrats and related monetary metrics like dividend yield and P/E ratios.

You possibly can obtain the complete record of Dividend Aristocrats by clicking on the hyperlink under:

Disclaimer: Certain Dividend isn’t affiliated with S&P International in any method. S&P International owns and maintains The Dividend Aristocrats Index. The knowledge on this article and downloadable spreadsheet is predicated on Certain Dividend’s personal evaluation, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person traders higher perceive this ETF and the index upon which it’s primarily based. Not one of the info on this article or spreadsheet is official information from S&P International. Seek the advice of S&P International for official info.

In an ideal world, traders would obtain the identical or related quantity of revenue from their portfolio each month as bills are normally constant.

However this isn’t the case as many firms usually distribute their dividends on the finish of every quarter, which is normally in March, June, September, and December.

This could make for uneven money flows all year long, which presents some points for traders that require related revenue month-to-month.

Nonetheless, traders can assemble a diversified portfolio with high-quality, dividend-paying shares that may present related quantities of revenue each month of the 12 months.

To that finish, we now have created a mannequin portfolio of 15 shares. Every inventory has at the very least 9 years of dividend development, with the typical place having a dividend development streak of 25 years.

Shares have been chosen from varied sectors, giving the investor a diversified portfolio that would offer revenue every month of the 12 months.

January, April, July, and October Funds

PepsiCo, Inc. (PEP)

PepsiCo is a worldwide meals and beverage firm that generates $89 billion in annual gross sales. The corporate’s merchandise embody Pepsi, Mountain Dew, Frito-Lay chips, Gatorade, Tropicana orange juice and Quaker meals.

Its enterprise is cut up roughly 60-40 by way of meals and beverage income. It is usually balanced geographically between the U.S. and the remainder of the world.

Supply: Investor Presentation

On October eighth, 2024, PepsiCo reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income fell 0.5% to $23.3 billion, which was $460 million under estimates.

Adjusted earnings-per-share of $2.31 in contrast favorably to $1.97 the prior 12 months and was $0.02 forward of expectations. Foreign money change decreased income and earnings-per-share by ~2%.

Natural gross sales improved 1.3% for the second quarter and 1.9% year-to-date. Volumes for each meals and beverage have been down 2%.

PepsiCo Drinks North America’s income as soon as once more grew 1% organically as increased costs greater than offset a 3% decline in quantity.

Click on right here to obtain our most up-to-date Certain Evaluation report on PEP (preview of web page 1 of three proven under):

Medtronic plc (MDT)

Medtronic, which has operations in additional than 150 international locations, is the world’s largest producer of biomedical gadgets and implantable applied sciences. The corporate consists of segments, together with Cardiovascular, Medical Surgical, Neuroscience, and Diabetes.

Growing older worldwide demographics ought to present a tailwind to the corporate’s enterprise as elevated entry to healthcare services turns into extra needed. There are almost 70 million Child Boomers within the U.S. alone that can want growing quantities of medical care as they age.

In mid-November, Medtronic reported (11/19/24) outcomes for the second quarter of fiscal 2025. Natural income grew 5% over the prior 12 months’s quarter because of broad-based development in all of the 4 segments. Earnings-per-share grew 1%, from $1.25 to $1.26, and exceeded the analysts’ consensus by $0.01.

As Medtronic carried out barely higher than anticipated within the second quarter, it marginally raised its steering for fiscal 2025.

Click on right here to obtain our most up-to-date Certain Evaluation report on Medtronic plc (MDT) (preview of web page 1 of three proven under):

Philip Morris Worldwide (PM)

After being spun off from mum or dad firm Altria Group (MO) in 2008, Philip Morris is without doubt one of the largest worldwide entrepreneurs of tobacco merchandise. The corporate gives many merchandise, however Marlboro is its most well-known model.

Tobacco utilization is falling within the U.S., however Philip Morris isn’t uncovered to this market after separating from its mum or dad firm.

On October twenty second, 2024, Philip Morris reported its Q3 outcomes for the interval ending September thirtieth, 2024. For the quarter, the corporate posted internet revenues of $9.91 billion, up 8.4% year-over-year. Adjusted EPS was $1.91, up 14.4% in comparison with Q3 2023. In fixed foreign money, adjusted EPS grew by a good larger 18.0%.

Complete cargo volumes have been up 2.9% collectively, pushed by development throughout the board. It was additionally encouraging to see that combustibles skilled an increase in quantity, successfully sustaining their optimistic trajectory after years of declines.

Particularly, cargo volumes in cigarettes, heated tobacco, and oral merchandise rose 2.9%, 8.9%, and 22.2%, respectively. The Swedish Match buyout considerably contributed to the rise in oral merchandise’ cargo volumes.

Click on right here to obtain our most up-to-date Certain Evaluation report on Philip Morris Worldwide (PM) (preview of web page 1 of three proven under):

Sysco Company (SYY)

Sysco Company is the most important wholesale meals distributor in the US. The corporate serves 600,000 areas with meals supply, together with eating places, hospitals, colleges, lodges, and different amenities.

Supply: Investor Presentation

On July thirtieth, 2024, Sysco reported fourth-quarter outcomes for Fiscal Yr (FY) 2024. For the fourth quarter, the corporate noticed a 4.2% improve in gross sales and a 3.5% rise in U.S. Foodservice quantity.

Gross revenue grew by 4.2% to $3.8 billion, and working revenue elevated by 1.2% to $977 million, with adjusted working revenue climbing 6.4% to $1.1 billion.

Nonetheless, EBITDA decreased by 7.7% to $1.2 billion, whereas adjusted EBITDA went up by 5.4% to $1.3 billion. Earnings per share (EPS) fell by 14.6% to $1.23, whereas adjusted EPS rose by 3.7% to $1.39.

Click on right here to obtain our most up-to-date Certain Evaluation report on SYY (preview of web page 1 of three proven under):

Altria Group (MO)

Altria Group was based by Philip Morris in 1847 and at the moment has grown right into a shopper staples big. Whereas it’s primarily recognized for its tobacco merchandise, it’s considerably concerned within the beer enterprise on account of its 10% stake in world beer big Anheuser-Busch InBev.

Altria reported stable third-quarter outcomes, pushed by the resilience of its smokeable merchandise and the continued market momentum of the on! nicotine pouch model. The corporate’s Q3 income was $5.34 billion, a 1.3% year-over-year improve, with adjusted earnings per share (EPS) reaching $1.38, exceeding expectations by $0.03.

Altria additionally reaffirmed its full-year EPS steering vary of $5.07 to $5.15, indicating development of two.5% to 4% over 2023.

Throughout the quarter, Altria repurchased 13.5 million shares, spending $680 million, and declared dividends of $1.7 billion. The corporate has $310 million remaining below its repurchase program, anticipated to finish by year-end.

Click on right here to obtain our most up-to-date Certain Evaluation report on Altria (preview of web page 1 of three proven under):

February, Might, August, and November Funds

Pentair plc (PNR)

Pentair is a water options firm that operates in 3 segments: Aquatic Techniques, Filtration Options, and Circulate Applied sciences. Pentair was based in 1966.

Pentair has elevated its dividend for greater than 4 a long time in a row, when adjusted for spin-offs. Pentair is without doubt one of the high water shares.

Pentair reported its third quarter earnings outcomes on October 22. The corporate was capable of generate revenues of $990 million through the quarter, which was 2% lower than the corporate’s revenues through the earlier 12 months’s quarter, a outcome that beat estimates barely.

Core gross sales, which exclude the impression of foreign money charge actions, acquisitions, and dispossessions, have been down 1% 12 months over 12 months, which was worse than the core income development charge through the earlier quarter when core gross sales had improved by 1%.

Pentair recorded earnings-per-share of $1.09 for the third quarter, which was up 16% year-over-year. Pentair’s earnings-per-share beat the analyst consensus by $0.02.

Click on right here to obtain our most up-to-date Certain Evaluation report on Pentair (preview of web page 1 of three proven under):

Artesian Sources (ARTNA)

Artesian Sources Corp. was based in 1905 in New Fort County, Delaware. Via its subsidiaries, the corporate supplies water, wastewater and different companies, primarily within the Delaware area.

Artesian Sources sells and distributes water to residential, business, industrial, governmental, and utility clients all through the state.

As well as, Artesian Sources supplies water for private and non-private fireplace safety in Delaware, Maryland, and Pennsylvania. The corporate produces 7.9 billion gallons of water yearly by means of 1,311 miles of water principal with a inhabitants of roughly 301,000 served.

On August 5, 2024, Artesian Sources Company (ARTNA) reported its monetary outcomes for the second quarter and year-to-date 2024. For the quarter ended June 30, 2024, Artesian Sources recorded a internet revenue of $5.3 million, representing a 19.9% improve from the earlier 12 months’s second quarter.

This equates to a diluted internet revenue per share of $0.52, an 18.2% improve from $0.44 in the identical interval in 2023. Complete revenues for the quarter have been $27.4 million, a rise of $2.2 million or 8.6% in comparison with the identical quarter in 2023.

Click on right here to obtain our most up-to-date Certain Evaluation report on ARTNA (preview of web page 1 of three proven under):

Westamerica Bancorp (WABC)

Westamerica Bancorporation is the holding firm for Westamerica Financial institution. Westamerica Bancorporation is a regional group financial institution with 79 branches in Northern and Central California. The corporate can hint its origins again to 1884. Westamerica Bancorporation gives shoppers entry to financial savings, checking and cash market accounts.

The corporate’s mortgage portfolio consists of each business and residential actual property loans, in addition to building loans. Westamerica Bancorporation is the seventh largest financial institution headquartered in California. It has annual revenues of about $325 million.

On October seventeenth, 2024 Westamerica Bancorporation reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income decreased 10.8% to $74.4 million, however this was $3.6 million greater than anticipated. GAAP earnings-per-share of $1.31 in contrast unfavorably to $1.33 within the prior 12 months, however this was $0.07 above estimates.

Complete loans fell 8% to $831.4 million million as business loans have been decrease by 10.1% and shopper loans fell 22.1%. Industrial actual property loans, which make up greater than half of the overall mortgage portfolio, have been unchanged. As of the top of the quarter, nonperforming loans decreased 25.8% to $919,000 year-over-year.

As with the second quarter, this era had no provisions for credit score losses, in comparison with $400,000 within the third quarter of 2024. Internet curiosity revenue was $62.5 million, which compares to $64.1 million for the second quarter of 2024 and $72.1 million within the third quarter of 2023.

Click on right here to obtain our most up-to-date Certain Evaluation report on WABC (preview of web page 1 of three proven under):

Matthews Worldwide (MATW)

Matthews Worldwide Company supplies model options, memorialization merchandise and industrial applied sciences on a worldwide scale.

The corporate’s three enterprise segments are diversified. The SGK Model Options supplies model growth companies, printing gear, inventive design companies, and embossing instruments to the consumer-packaged items and packaging industries.

The Memorialization phase sells memorialization merchandise, caskets, and cremation gear to funeral dwelling industries.

The Industrial applied sciences phase is smaller than the opposite two companies and designs, manufactures and distributes marking, coding and industrial automation applied sciences and options.

Matthews Worldwide reported third quarter outcomes on August 1st, 2024. The corporate reported gross sales of $428 million, a 9.3% decline in comparison with the identical prior 12 months interval.

The lower was the results of a major 30% gross sales decline in its Industrial Applied sciences phase.

Adjusted earnings have been $0.56 per share, a 24% lower from $0.74 a 12 months in the past. The corporate’s internet debt leverage ratio rose sequentially from 3.6 to three.8.

Click on right here to obtain our most up-to-date Certain Evaluation report on MATW (preview of web page 1 of three proven under):

Procter & Gamble Co. (PG)

Procter & Gamble is a shopper staple big in its personal proper. The corporate has been in enterprise for the reason that 1830s and has constructed a steady of well-known manufacturers, together with Pampers, Charmin, Gillette, Previous Spice, Oral-B, and Head & Shoulders.

Over the previous few years, the corporate has been on an intensive thinning of its product traces, going from almost 170 manufacturers to only 65 core names.

In mid-October, Procter & Gamble reported (10/18/24) monetary outcomes for the primary quarter of fiscal 2025 (its fiscal 12 months ends June thirtieth). Its gross sales dipped -1% whereas its natural gross sales grew 2% over final 12 months’s quarter because of 1% value hikes and 1% quantity development. Core earnings-per-share grew 5%, from $1.83 to $1.93, beating the analysts’ consensus by $0.03.

The agency gross sales amid sustained value hikes are a testomony to the energy of the manufacturers of Procter & Gamble. Nonetheless, we word a exceptional deceleration in value hikes within the final two quarters.

This means that the corporate can’t preserve elevating its costs aggressively anymore. Procter & Gamble reaffirmed its steering for 3%-5% development of natural gross sales and 5%-7% development of earnings-per-share in fiscal 2025.

Click on right here to obtain our most up-to-date Certain Evaluation report on Procter & Gamble Co. (PG) (preview of web page 1 of three proven under):

March, June, September, and December Funds

PPG Industries (PPG)

PPG Industries is the world’s largest paints and coatings firm. Its solely opponents of comparable dimension are Sherwin-Williams and Dutch paint firm Akzo Nobel.

On October sixteenth, 2024, PPG Industries reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income fell 1.5% to $4.57 billion, which was $90 million lower than anticipated.

The corporate generates annual income of about $18.2 billion.

Supply: Investor Presentation

Adjusted internet revenue of $500 million, or $2.13 per share, in contrast favorably to adjusted internet revenue of $493 million, or $2.07 per share, within the prior 12 months. Adjusted earnings-per-share was $0.02 under estimates.

Third quarter natural income development was as soon as once more flat in comparison with the prior 12 months. Efficiency Coatings income of $2.921 billion was up 1% from the identical interval of 2023.

Greater volumes (+2%) and promoting costs (+1%) have been partially offset by divestitures (-1%) and a headwind from international foreign money change (-1%).

Click on right here to obtain our most up-to-date Certain Evaluation report on PPG (preview of web page 1 of three proven under):

SJW Group (SJW)

SJW Group is a water utility firm that produces, purchases, shops, purifies and distributes water to customers and companies within the Silicon Valley space of California, the realm north of San Antonio, Texas, Connecticut, and Maine.

SJW Group has a small actual property division that owns and develops properties for residential and warehouse clients in California and Tennessee. The corporate generates about $670 million in annual revenues.

Supply: Investor Presentation

On October twenty eighth, 2024, SJW Group reported third quarter outcomes for the interval ending June thirtieth, 2024. For the quarter, income grew 9.9% to $225.1 million, beating estimates by $11.6 million. Earnings-per-share of $1.18 in contrast favorably to earnings-per-share of $1.13 within the prior 12 months and was $0.04 greater than anticipated.

As with prior intervals, the advance in income was principally on account of SJW Group’s California and Connecticut companies, which benefited from increased water charges, whereas development in clients aided the Texas enterprise.

Greater charges total added $40 million to outcomes for the quarter, increased buyer utilization added $4.8 million, and development in clients contributed $2.4 million. Working manufacturing bills totaled $166.7 million, which was a 12% improve from the prior 12 months.

Click on right here to obtain our most up-to-date Certain Evaluation report on SJW (preview of web page 1 of three proven under):

Sonoco Merchandise Firm (SON)

Sonoco Merchandise supplies packaging, industrial merchandise and provide chain companies to its clients. The markets that use the corporate’s merchandise embody these within the home equipment, electronics, beverage, building and meals industries.

The corporate generates almost $7 billion in annual gross sales. Sonoco Merchandise is now composed of two main segments, Client Packaging, and Industrial Packaging, with all different companies listed as “All Different”.

Supply: Investor Presentation

On October thirty first, 2024, Sonoco Merchandise reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income decreased 1.8% to $1.68 billion, which was $40 million under estimates.

Adjusted earnings-per share of $1.49 in contrast favorably to $1.46 within the prior 12 months and was $0.03 higher than anticipated.

As with the prior quarter, outcomes impacted by a divestiture and a closure of a number of vegetation. Costs have been decrease, however quantity was up.

For the quarter, Client Packaging revenues of $984 million was largely unchanged from the prior 12 months.

Click on right here to obtain our most up-to-date Certain Evaluation report on Sonoco (SON) (preview of web page 1 of three proven under):

Eversource Vitality (ES)

Eversource Vitality is a diversified holding firm with subsidiaries that present regulated electrical, fuel, and water distribution service within the Northeast U.S.

The corporate’s utilities serve greater than 4 million clients after buying NStar’s Massachusetts utilities in 2012, Aquarion in 2017, and Columbia Fuel in 2020.

Eversource has delivered regular development to shareholders for a few years.

Supply: Investor Presentation

On November 4th, 2024, Eversource Vitality launched its third-quarter 2024 outcomes for the interval ending September thirtieth, 2024.

For the quarter, the corporate reported a internet lack of $(118.1) million, a pointy decline from earnings of $339.7 million in the identical quarter of final 12 months, which displays the impression of the corporate’s exit from offshore wind investments.

The corporate reported a loss per share of $(0.33), in contrast with earnings-per-share of $0.97 within the prior 12 months. Earnings from the Electrical Transmission phase elevated to $174.9 million, up from $160.3 million within the prior 12 months, primarily on account of a better degree of funding in Eversource’s electrical transmission system.

Click on right here to obtain our most up-to-date Certain Evaluation report on ES (preview of web page 1 of three proven under):

Farmers & Retailers Bancorp (FMCB)

Farmers & Retailers Bancorp is a regionally owned and operated group financial institution with 32 areas in California. As a consequence of its small market cap and its low liquidity, it passes below the radar of most traders.

F&M Financial institution has paid uninterrupted dividends for 88 consecutive years and has raised its dividend for 59 consecutive years.

In mid-October, F&M Financial institution reported (10/17/24) monetary outcomes for the third quarter of fiscal 2024. The financial institution grew its adjusted earnings-per-share 2.5% over the prior 12 months’s quarter, from $29.23 to $29.96.

It posted 4% development of loans and flat deposits. Internet curiosity revenue dipped -3% on account of a contraction of internet curiosity margin from 4.17% to 4.07% amid increased deposit prices.

F&M Financial institution is a prudently managed financial institution, which has at all times focused a conservative capital ratio. The financial institution presently has a complete capital ratio of 14.95%, which leads to the very best regulatory classification of “effectively capitalized.”

Furthermore, its credit score high quality stays exceptionally robust, as there are extraordinarily few non-performing loans and leases in its portfolio.

Click on right here to obtain our most up-to-date Certain Evaluation report on FMCB (preview of web page 1 of three proven under):

Ultimate Ideas

Buyers searching for constant month-to-month money flows can assemble a portfolio of high-quality names with lengthy histories of elevating dividends.

The shares created to create this diversified mannequin portfolio yield twice as a lot because the S&P 500 Index. These names even have at the very least 25 years of consecutive dividend will increase.

Buyers can scale this portfolio to satisfy their wants, and future revenue will certainly improve because of the common dividend will increase that almost all, if not all, of those firms will present.

This could present the investor in retirement with steady money flows that can be utilized to satisfy their wants.

In case you are concerned about discovering extra high-quality dividend development shares appropriate for long-term funding, the next Certain Dividend databases shall be helpful:

The foremost home inventory market indices are one other stable useful resource for locating funding concepts. Certain Dividend compiles the next inventory market databases and updates them usually: