10 Best June Dividend Stocks to Buy

In this article, we will take a look at the 10 Best June Dividend Stocks to Buy.

In a Morningstar report, Morningstar Indexes strategist Dan Lefkovitz said dividend growth investing is centered on companies that keep increasing their payouts to shareholders over time. In his view, businesses that consistently raise dividends are often financially strong and still getting stronger, which can signal improving long-term prospects.

He explained that the strategy gives investors a way to focus on higher-quality companies with solid competitive positions and, in some cases, economic moats. Lefkovitz also noted that dividend growth investing tends to have a more defensive profile, meaning it is usually less volatile than the broader stock market.

According to Lefkovitz, dividend growth strategies often perform somewhere between the overall market and high-dividend-paying stocks. When high-yield dividend stocks lead the market, dividend growth strategies may lag those names but still outperform the broader market. At the same time, when the market is rallying strongly, dividend growth strategies tend to trail the broader indexes, though generally not by as much as high-yield equities. He added that he expects this overall pattern to continue going forward.

Lefkovitz also said dividend stocks have historically held up better during periods of market weakness. He pointed to selloffs this year, along with downturns in 2022 and 2018, saying dividend growth strategies performed better than the broader stock market during those weaker periods.

Given this, we will take a look at some of the best dividend stocks in June.

Our Methodology:

For this list, we selected dividend stocks that will trade ex-dividend in June 2026. The ex-dividend date indicates the cutoff day to buy a stock to receive its upcoming dividend payment. We picked companies that have recently reported noteworthy developments likely to impact investor sentiment. These companies are also popular among elite funds and analysts. The stocks are ranked according to their ex-dividend dates.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).

10. MGE Energy, Inc. (NASDAQ:MGEE)

Ex-Dividend Date: June 1

On May 21, Morgan Stanley analyst David Arcaro lowered the firm’s price recommendation on MGE Energy, Inc. (NASDAQ:MGEE) to $70 from $74. He reiterated an Underweight rating on the shares. The firm updated its price targets for Regulated & Diversified Utilities/IPPs in North America for April, the analyst told investors. Morgan Stanley noted that utilities underperformed the S&P’s return this month.

The company reported its Q1 2026 earnings on May 5. MGE Energy posted GAAP earnings of $48.5 million, or $1.32 per share, for the first quarter of 2026. That compares with $41.6 million, or $1.14 per share, in the same period last year. Earnings from the electric segment rose by $5.5 million in 2026 compared with 2025. The increase came from strategic capital investments that expanded the company’s rate base. Growth continued to be driven largely by the successful rollout of key renewable energy projects.

Gas net income remained steady, with little change from the first quarter of 2025.

MGE Energy, Inc. is a public utility holding company. Its segments include regulated electric utility operations, regulated gas utility operations, nonregulated energy operations, transmission investments, and other businesses.

9. Northrop Grumman Corporation (NYSE:NOC)

Ex-Dividend Date: June 1

On May 26, Jefferies lowered its price recommendation on Northrop Grumman Corporation (NYSE:NOC) to $620 from $660. It reiterated a Hold rating on the shares after meeting with CEO Kathy Warden and CFO John Greene. The firm said it applied a discount because of Northrop’s below-average organic growth, margin pressure tied to the B-21 program, and rising capital expenditures. According to the analyst, capex has been increasing at a 14% compound annual growth rate and is now approaching 4.5% of sales.

On May 18, Citi analyst John Godyn lowered the firm’s price goal on NOC to $628 from $742. He kept a Buy rating on the shares. The firm updated its models in the aerospace and defense sector and said it does not expect an “immediate V-shaped rally” without a resolution to the Middle East conflict. Citi still sees buying opportunities after the recent selloff. The firm expects the aerospace group to recover first, followed by defense companies.

Northrop Grumman Corporation is a global aerospace and defense technology company. Its business segments include Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.

8. Radian Group Inc. (NYSE:RDN)

Ex-Dividend Date: June 2

On May 22, RBC Capital initiated coverage of Radian Group Inc. (NYSE:RDN) with an Outperform rating and a $47 price target. The firm expressed a positive view on the company’s “transformative” acquisition of Inigo. According to the analyst, diversifying Radian’s business away from private mortgage insurance could support earnings growth above peers and lead to a stock re-rating closer to property and casualty insurance multiples. RBC also said the company’s Investor Day on June 4 could act as a near-term catalyst for the shares.

During Radian Group’s Q1 2026 earnings call, CEO and Director Thornberry said the company had resumed opportunistic share repurchases. He added that the move was supported by the strength of Radian’s balance sheet, even after completing the $1.7 billion acquisition of Inigo. He also noted that the company would host its first Investor Day as a global multiline insurer on June 4 in New York City.

Senior EVP and Interim CFO Dan Kobell said the company generated GAAP net income from continuing operations of $129 million, or $0.93 per share, during the quarter. He added that adjusted net operating earnings per share increased to $1.27.Kobell also said Radian was changing its segment reporting structure. The company will now report operations under two insurance segments, Mortgage and Specialty, along with a corporate category. He further noted that all prior periods had been restated to reflect the new structure.

Radian Group Inc. is a diversified mortgage and real estate services company. The company provides mortgage insurance and other products and services to the real estate and mortgage finance industries.

7. Bath & Body Works, Inc. (NYSE:BBWI)

Ex-Dividend Date: June 5

On May 20, UBS lowered its price recommendation on Bath & Body Works, Inc. to $19 from $22. It reiterated a Neutral rating on the shares. The firm said it sees a balanced upside and downside setup heading into the company’s Q1 earnings report.

On May 18, TD Cowen analyst Jonna Kim lowered the firm’s price goal on BBWI to $20 from $26. She maintained a Buy rating on the shares. The firm updated targets across the specialty retail group as part of its Q1 preview. According to the analyst, sector valuations have come under pressure because of concerns around high inflation and weaker consumer spending. TD Cowen believes much of the “bad” news may already be reflected in stock prices. At the same time, the firm noted that any negative commentary around quarter-to-date trends could push shares lower.

Bath & Body Works, Inc. is a global omnichannel retailer focused on personal care and home fragrance products. The company sells a range of fragrance collections for the body and home, including 3-wick candles, home fragrance diffusers, fine fragrance mists, liquid hand soaps, body lotions, and body creams.

6. Harley-Davidson, Inc. (NYSE:HOG)

Ex-Dividend Date: June 8

On May 19, Morgan Stanley raised its price recommendation on Harley-Davidson, Inc. (NYSE:HOG) to $15 from $12. It reiterated an Underweight rating on the shares. The firm increased its 2026 estimates following the company’s Q1 results, pointing to earnings that came in ahead of expectations, improving competitive positioning, and easing tariff pressures. The analyst still maintained an Underweight stance, saying the company’s updated targets “still appear aggressive.”

During Harley-Davidson’s Q1 2026 earnings call, CEO, President, and Director Starrs said North America recorded a 14% increase from the prior year. That performance helped drive global retail sales growth of 8%, despite what he described as a difficult consumer environment. He also noted that the company reduced global inventory by 22% year over year during the quarter. The focus remained on dealer inventory sell-through and aligning wholesale shipments more closely with retail demand.

CFO and Chief Commercial Officer Jonathan Root said consolidated revenue for the first quarter declined 12%. He explained that the drop was mainly tied to a 54% decline in HDFS revenue following the transition to a new capital-light model after the HDFS transaction closed. Root also said first-quarter earnings per share came in at $0.22, while HDMC revenue fell 2% to $1.1 billion.

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Its segments include Harley-Davidson Motor Company (HDMC), LiveWire, and Harley-Davidson Financial Services (HDFS).

5. Ross Stores, Inc. (NASDAQ:ROST)

Ex-Dividend Date: June 9

On May 26, Barclays raised its price recommendation on Ross Stores, Inc. (NASDAQ:ROST) to $260 from $242. It reiterated an Overweight rating on the shares. The firm said the company’s Q1 comparable sales growth of 17% came in well above the consensus estimate of 8.6%. According to the analyst, Ross benefited from “compelling” assortments and marketing efforts that helped attract customers. Barclays also said the company’s higher fiscal 2026 outlook still appears conservative.

On May 22, Telsey Advisory analyst Dana Telsey raised the firm’s price goal on Ross Stores to $265 from $240 while keeping an Outperform rating on the shares. The analyst said the momentum built during the second half of 2025 and through the holiday season carried into the early results for fiscal 2026. The company posted stronger top-line growth along with gross margin expansion. Looking ahead, the firm believes Ross can continue benefiting from long-term demand as lower-to middle-income consumers search for value. Telsey also pointed to initiatives introduced by CEO Jim Conroy, saying they could begin delivering results over time.

Ross Stores, Inc. operates two off-price retail apparel and home fashion brands, Ross Dress for Less and dd’s DISCOUNTS. Ross is one of the largest off-price apparel and home fashion chains in the United States, with about 1,831 locations across 43 states, the District of Columbia, and Guam.

4. Flowers Foods, Inc. (NYSE:FLO)

Ex-Dividend Date: June 12

Flowers Foods, Inc. (NYSE:FLO) reported its earnings for Q1 2026 on May 22. During its earnings call, Chief Financial Officer Diego Scaglione said rising costs tied to oil and related derivatives are expected to create an additional headwind of about $0.02 to $0.03 in the second half of the year. Scaglione said the company expects capital expenditures to range between $115 million and $125 million. He explained that maintenance spending usually runs at around plus or minus $2 million per bakery, while the remaining investments are directed toward growth initiatives and productivity improvements.

He also noted that the company maintained its full-year outlook and said the expected oil-related cost pressures had already been included in the reaffirmed guidance. On volumes, Scaglione said management is not expecting a meaningful near-term recovery. While he noted that volume comparisons should become easier as the year moves forward, he added that the company’s guidance does not assume a rebound in volumes.

Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The company operates bakeries across the country and produces a broad range of bakery products.

3. Extra Space Storage Inc. (NYSE:EXR)

Ex-Dividend Date: June 15

On May 18, UBS analyst Michael Goldsmith raised the firm’s price recommendation on Extra Space Storage Inc. (NYSE:EXR) to $158 from $148. He reiterated a Buy rating on the shares.

During the company’s Q1 2026 earnings call, CEO and Director Joseph Margolis said core FFO reached $2.04 per share, up 2% from the prior year. He added that same-store revenue growth came in at 1.7%, ahead of the company’s internal expectations, while same-store occupancy ended the quarter at 93%.

Margolis said the company was seeing broad-based improvement in revenue trends across its markets, helped mainly by lower levels of new supply. He also noted that sequential gains in new customer rates over the past several quarters were beginning to support revenue growth.

Looking ahead, Margolis said the company expects total acquisitions in 2026 to reach around $200 million. He said the outlook reflects expectations for a materially higher number of transactions, mainly through asset-light joint venture structures.

He also stated that the company’s bridge loan program continued to perform well, maintaining an average balance of about $1.5 billion during the first quarter. In addition, the third-party management platform added 84 stores during the quarter, resulting in net growth of 60 stores.

Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust. The company owns, operates, manages, lends to, acquires, develops, and redevelops self-storage properties.

2. Telephone and Data Systems, Inc. (NYSE:TDS)

Ex-Dividend Date: June 16

On May 11, Raymond James downgraded Telephone and Data Systems, Inc. (NYSE:TDS) to Market Perform from Outperform without assigning a price target. The analyst said the company reported “light” Q1 results and recently announced a proposed collapse of its two-stock structure. According to the firm, the “hidden value has been unlocked,” and the stock now appears fairly valued.

During Telephone and Data Systems’s Q1 2026 earnings call, Chairman, President, and CEO Walter C.D. Carlson said the company had submitted a proposal to Array’s Board of Directors to acquire the remaining Array shares that TDS does not already own through an all-stock transaction. He explained that under the proposal, each Array common share not already held by TDS would be exchanged for 0.86 shares of TDS common stock. Carlson added that the exchange ratio assumes Array would pay dividends totaling $10.40 per share before the deal closes, with the company expected to distribute about $900 million in net proceeds.

Carlson also said TDS has no intention of selling or transferring its stake in Array and would not consider third-party offers for Array or its assets as an alternative to the proposal. He further noted that the remaining previously announced spectrum sales to T-Mobile and Verizon are expected to close during the second or third quarter, pending regulatory approvals and other customary closing conditions.

Telephone and Data Systems, Inc. is a diversified telecommunications company. Through TDS Telecom, the company provides broadband, video, and voice services. Its segments include Array, TDS Telecom, and Other.

1. Willis Towers Watson Public Limited Company (NASDAQ:WTW)

Ex-Dividend Date: June 30

On May 12, Keefe Bruyette lowered its price recommendation on Willis Towers Watson Public Limited Company (NASDAQ:WTW) to $380 from $384. It reiterated an Outperform rating on the shares.

On May 7, Raymond James lowered its price goal on WTW to $340 from $370. It kept a Strong Buy rating on the stock. The analyst noted that WTW shares were down 21% year to date, while insurance brokers continued trading near their lows amid ongoing de-rating sentiment across the sector. Even with that backdrop, the firm said the outlook still points to low- to mid-single-digit organic revenue growth and steady incremental adjusted operating margin expansion through 2028. According to the analyst, the market narrative around the company appears structurally pessimistic despite those expectations.

Willis Towers Watson Public Limited Company is a global advisory, brokering, and solutions company. The firm provides data-driven and insight-led solutions focused on people, risk, and capital.

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