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10 Dividend Stocks You Need to Buy Before July 31 to Earn the Next Payout

Dividend Stocks You Need to Buy Before July 31

Dividend Stocks: Looking to lock in dividend income this week? πŸš€ You’re running out of time.

A total of 10 dividend-paying stocks will trade ex-dividend between July 28 and July 31, 2026. If you want to receive their upcoming dividend payments, you must buy the shares before the ex-dividend date.

⚠️ Important: Under the T+1 settlement rule, the last day to buy a dividend stock is one trading day before its ex-dividend date. Buy on or after the ex-date, and you won’t receive the upcoming dividend.

Whether you’re building a passive income portfolio or hunting for high-yield dividend stocks, here’s your complete dividend calendar for the week.

πŸ“Œ Last Day to Buy: Monday, July 27, 2026

πŸ’Ό Paychex (NASDAQ: PAYX)

  • πŸ“… Ex-Dividend Date: July 28, 2026
  • πŸ’΅ Dividend: $1.19/share
  • πŸ—“οΈ Payment Date: August 28, 2026
  • πŸ’° Annual Dividend: $4.76/share

Paychex remains one of the strongest dividend growth companies in the payroll services industry. Earlier this year, the company boosted its quarterly dividend by 10.2%, highlighting management’s confidence in future cash flows.

Why Investors Like PAYX βœ…

  • πŸ“ˆ Strong earnings comfortably cover the dividend.
  • πŸš€ Management expects mid-to-high single-digit EPS growth in FY2027.
  • πŸ’Ό Consistent dividend growth history.
  • πŸ“Š Trades around 23x trailing earnings.

Best for: Long-term dividend growth investors.

πŸ”© Fastenal (NASDAQ: FAST)

  • πŸ“… Ex-Dividend Date: July 28
  • πŸ’΅ Dividend: $0.26/share
  • πŸ—“οΈ Payment Date: August 25
  • πŸ’° Annual Dividend: $0.96/share

Fastenal is a favorite among industrial dividend investors.

While the company boasts an impressive 34.3% return on equity, investors should note that its payout ratio is relatively high compared to earnings.

Highlights

βœ… Strong balance sheet

βœ… Excellent profitability

⚠️ Premium valuation at approximately 38x earnings

πŸ“Œ Last Day to Buy: Wednesday, July 29, 2026

🍺 Constellation Brands (NYSE: STZ)

  • πŸ“… Ex-Dividend Date: July 30
  • πŸ’΅ Dividend: $1.03/share
  • πŸ—“οΈ Payment Date: August 13
  • πŸ“ˆ Dividend Yield: 3.04%

Constellation Brands offers one of the week’s more attractive combinations of value and income.

Although the stock has pulled back significantly from its 52-week high, dividend coverage remains healthy.

Why STZ Stands Out

βœ”οΈ Annual dividend of $4.09

βœ”οΈ TTM EPS of $10.20

βœ”οΈ Attractive valuation around 13x earnings

πŸ“Œ Last Day to Buy: Thursday, July 30, 2026

Seven stocks go ex-dividend on Friday, July 31, making Thursday your final chance to qualify for their payouts.

🏠 AGNC Investment (NASDAQ: AGNC)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Dividend: $0.12/month
  • πŸ“… Payment: August 11
  • πŸ”₯ Dividend Yield: 13.2%

Income investors love AGNC for one reasonβ€”its double-digit dividend yield.

However, AGNC is a mortgage REIT, meaning investors should focus on:

  • Net interest spread
  • Book value
  • Earnings available for distribution

rather than traditional GAAP earnings.

⚠️ High yield comes with higher interest-rate and book-value risk.

⚑ Alliant Energy (NASDAQ: LNT)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Dividend: $0.535/share
  • πŸ—“οΈ Payment: August 17
  • πŸ“ˆ Yield: 2.78%

Regulated utilities remain among the most dependable dividend sectors.

Why LNT Looks Stable

βœ… Predictable cash flow

βœ… Healthy dividend coverage

βœ… Reliable regulated business model

β›½ Casey’s General Stores (NASDAQ: CASY)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Dividend: $0.65/share
  • πŸ“… Payment: August 14

Casey’s isn’t a high-yield stockβ€”but it’s a dividend growth machine.

The company recently increased its dividend again, continuing decades of annual raises.

Investor Snapshot

πŸ“ˆ TTM EPS: $18.97

πŸ’΅ Annual Dividend: $2.28

Yield: 0.26%

Ideal for investors focused on long-term dividend growth rather than current income.

πŸ›’οΈ Plains All American Pipeline (NASDAQ: PAA)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Distribution: $0.4175/unit
  • πŸ“… Payment: August 14
  • πŸ“ˆ Yield: 6.68%

PAA continues to generate solid distributable cash flow.

Keep in mind:

⚠️ PAA issues a K-1 tax form, which may not suit every investor.

πŸ—οΈ Plains GP Holdings (NASDAQ: PAGP)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Distribution: $0.4175/share
  • πŸ“ˆ Annual Dividend: $1.67

Unlike PAA, PAGP issues a standard 1099 tax form, making tax reporting much simpler for many investors.

πŸ’» Texas Instruments (NASDAQ: TXN)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Dividend: $1.42/share
  • πŸ“… Payment: August 11
  • πŸ“ˆ Yield: 1.96%

Texas Instruments remains one of the most respected dividend-paying semiconductor companies.

Although the company is investing heavily in manufacturing capacity, free cash flow remains the key metric to monitor.

Investors Should Watch

βœ”οΈ Ongoing capital spending

βœ”οΈ Free cash flow trends

βœ”οΈ Improving earnings outlook

🏦 Morgan Stanley (NYSE: MS)

  • πŸ“… Ex-Date: July 31
  • πŸ’΅ Dividend: $1.15/share
  • πŸ“… Payment: August 14
  • πŸ“ˆ Yield: 1.97%

Morgan Stanley recently announced a 15% dividend increase, reinforcing confidence in its capital strength.

Why MS Remains Attractive

βœ… Strong earnings coverage

βœ… Healthy Return on Tangible Common Equity (ROTCE)

βœ… Large share repurchase authorization

πŸ“Š Quick Dividend Calendar (July 27–31)

πŸ—“οΈ Last Day to BuyπŸ“Œ Stocks
Monday, July 27Paychex (PAYX), Fastenal (FAST)
Wednesday, July 29Constellation Brands (STZ)
Thursday, July 30AGNC, Alliant Energy (LNT), Casey’s (CASY), PAA, PAGP, Texas Instruments (TXN), Morgan Stanley (MS)

πŸ’‘ Key Takeaways for Dividend Investors

πŸ“Œ Buying before the ex-dividend date qualifies you for the upcoming dividend payment.

πŸ“Œ High dividend yields aren’t always saferβ€”always evaluate earnings, free cash flow, payout ratios, and balance-sheet strength.

πŸ“Œ Utilities and financials generally offer stable payouts, while mortgage REITs and energy partnerships may provide higher yields but also carry greater risk.

πŸ“Œ Focus on long-term dividend sustainability, not just the next payment.

πŸ† Final Thoughts

This week’s dividend calendar offers opportunities for both income seekers and dividend growth investors.

  • πŸ’° Highest Yield: AGNC Investment (13.2%)
  • πŸ“ˆ Best Dividend Growth: Paychex and Casey’s General Stores
  • βš–οΈ Best Value + Income: Constellation Brands
  • 🏦 Strong Financial Dividend: Morgan Stanley
  • πŸ’» Blue-Chip Tech Dividend: Texas Instruments

Remember, capturing a dividend alone doesn’t guarantee a profit. On the ex-dividend date, a stock’s price typically adjusts by approximately the dividend amount. The best dividend investments are companies that can consistently grow earnings, generate strong cash flow, and increase payouts over time.

⭐ Bookmark this weekly dividend calendar to stay ahead of upcoming ex-dividend dates and never miss another dividend opportunity.

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