Regular payments that quarterly or monthly dividend stocks provide can make planning your finances easier, especially if you rely on your portfolio for income. They can also help calm your fears in case of struggling markets as you will still receive consistent dividends. Owning shares of a company which distributes regular dividends offer investors a measure of stability in the form of recurrent income. 

Here is the list of ten U.S. stocks available on Fundvest that will pay a dividend in October 2023: 

NYSE: KO – Coca-Cola  

• Dividend to be paid in October: $0.46 per-share 
• Stock price (as of 6th September 2023): $58.82 
• Dividend yield (yearly): 3.06% 
• The ex-dividend date* for October dividend: 14th of September  
• Payment date: 2nd of October  
• Pays dividends quarterly 

NYSE: CMA – Comercia Inc 

• Dividend to be paid in October: $0.71 per-share   
• Stock price (as of 6th September 2023): $48.56 
• Dividend yield (yearly): 5.72%
• The ex-dividend date* for October dividend: 14th of September  
• Payment date: 1st of October  
• Pays dividends quarterly 

NYSE: DTM – DT Midstream Inc 

• Dividend to be paid in October: $0.69 per-share   
• Stock price (as of 6th September 2023): $51.92 
• Dividend yield (yearly): 5.12%    
• The ex-dividend date* for October dividend: 15th of September  
• Payment date: 15th of October  
• Pays dividends quarterly 

NYSE: BBY – Best Buy Inc 

• Dividend to be paid in October: $0.92 per-share   
• Stock price (as of 6th September 2023): $73.95 
• Dividend yield (yearly): 4.81%    
• The ex-dividend date* for October dividend: 18th of September  
• Payment date: 10th of October  
• Pays dividends quarterly 

NYSE: IFF – International Flavours & Fragrances 

• Dividend to be paid in October: $0.8 per-share   
• Stock price (as of 6th September 2023): $51.92 
• Dividend yield (yearly): 4.58%    
• The ex-dividend date* for October dividend: 21st of September 
• Payment date: 5th of October  
• Pays dividends quarterly 

NASDAQ: XRX – Xerox Corp 

• Dividend to be paid in October: $0.25 per-share  
• Stock price (as of 6th September 2023): $16.94 
• Dividend yield (yearly): 5.9%    
• The ex-dividend date* for October dividend: 28th of September  
• Payment date: 31st of October  
• Pays dividends quarterly 

NYSE: GPS – Gap Inc 

• Dividend to be paid in October: $0.69 per-share   
• Stock price (as of 6th September 2023): $51.92 
• Dividend yield (yearly): 5.25%  
• The ex-dividend date* for October dividend: 3rd of October  
• Payment date: 25th of October  
• Pays dividends quarterly 

NYSE: FL – Foot Locker Inc 

• Dividend to be paid in October: $0.4 per-share   
• Stock price (as of 6th September 2023): $18.84 
• Dividend yield (yearly): 8.49%    
• The ex-dividend date* for October dividend: 12th of September  
• Payment date: 27th of October
• Pays dividends quarterly 

It is important to note, that the dividend payments are proposed by the management of the companies and approved by the shareholders meeting. Therefore, even companies that have a good and stable dividend history, might decrease their dividend or even stop paying them when encountering difficult times. Don’t forget to diversify your investment portfolio!  

* The ex-dividend date – usually investors (shareholders) who buy the Stock (shares) on the ex-dividend date or after will not receive a dividend for last period.   

Please be advised that the list presented is informative and not intended to be an investment advice suggesting specific stocks, but merely a presentation of facts. All Fundvest clients are encouraged to do their own research and make sure of their risk tolerance and financial capacity before making investment decisions. Please consult an expert, if necessary.     

In this article, Fundvest has used third party data, therefore Fundvest neither takes any responsibility for the data presented, nor intends to update the information presented in this article. Data can be updated.   

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