Should investors really “sell in May and go away”? Not if you’re seeking income. A stock you no longer own won’t pay you any dividends.
If you’re looking for reliable income in May, several dividend stocks should be attractive. Here are two that offer especially reliable income.
Image source: Getty Images.
These stocks check off multiple boxes for income investors.
Should investors really “sell in May and go away”? Not if you’re seeking income. A stock you no longer own won’t pay you any dividends.
If you’re looking for reliable income in May, several dividend stocks should be attractive. Here are two that offer especially reliable income.
Image source: Getty Images.
A Dividend King paying this month
AbbVie‘s (ABBV 0.91%) board of directors declared a quarterly cash dividend of $1.73 per share in February. This dividend is payable on May 15, 2026. There’s one catch, though: To receive this dividend, you must have owned AbbVie shares at the close of business on April 15, 2026.
Even if you missed the cut-off for enjoying income from AbbVie this month, it’s the kind of stock to buy for steady dividends going forward. AbbVie is a member of the Dividend Kings, a group of stocks that have increased their dividends for at least 50 consecutive years. Including the time it was part of Abbott Labs (ABT 0.42%), AbbVie has increased its dividend for an impressive 54 years in a row.
AbbVie
Today’s Change
(-0.91%) $-1.90
Current Price
$206.26
AbbVie’s dividend increases have more than kept up with inflation. Over the last five years, the big drugmaker has grown its dividend payout by 33%. Since being spun off from Abbott in 2013, AbbVie’s dividend has skyrocketed more than 332%. Its forward dividend yield now stands above 3.3%, which is below its historical average because the pharma stock has delivered solid gains.
The key to AbbVie’s sterling dividend track record is its strong underlying business. For years, that business was primarily supported by Humira, which reigned as the world’s top-selling drug for a while. Humira lost U.S. patent exclusivity in 2023, but AbbVie didn’t skip a beat. Thanks to strategic acquisitions and investments in internal research and development, the company successfully navigated the patent cliff and quickly returned to growth.
AbbVie has proven its ability to adapt. Today, the company’s growth prospects look bright. Sales for Humira’s two successors, Skyrizi and Rinvoq, are soaring. AbbVie’s neuroscience portfolio is rocking along, led by Vraylar and Botox. Cancer drugs Elahere and Epkinly are gaining momentum. The drugmaker’s pipeline features around 60 programs in mid- or late-stage clinical development.
The ultimate every-month income play
Want a great monthly dividend stock? Realty Income (O +0.19%) could be the ultimately every-month income play. It even trademarked the name, “The Monthly Dividend Company.”
Real estate investment trusts (REITs) must return at least 90% of their income to shareholders as dividends to be exempt from federal income taxes. Realty Income has had plenty of income to return since going public in 1994. The company has paid a dividend for 670 consecutive quarters and has increased its dividend for 31 consecutive years. Its forward dividend yield currently tops 5%.
Realty Income
Today’s Change
(0.19%) $0.12
Current Price
$63.57
As with AbbVie, Realty Income’s dividend is highly reliable because its business generates steady cash flow. The REIT owns over 15,500 properties across all 50 U.S. states, the U.K., and eight European countries. Its 1,761 tenants represent 92 industries. Roughly 91% of Realty Income’s portfolio clients operate discount, non-discretionary, or service-oriented retail businesses that are resilient during both positive and negative economic cycles.
The company’s total occupancy rate is a strong 98.9%. Realty Income has consistently maintained an occupancy rate of at least 96.6% every year since 2000, a period that included the Great Recession of 2007 through 2009 and the COVID-19 pandemic of 2020 through 2022. Its historical median occupancy rate of 98.3% is well above the industry median of 94.4%.
Realty Income’s growth prospects are also encouraging. Its total addressable market is an estimated $13 trillion. Around $8.5 trillion of this opportunity is in Europe, where the market is highly fragmented. The REIT’s growth potential makes it highly likely that juicy dividends will continue to flow each month, as they have for decades.
