In this article, we will take a look at the 5 Best May Dividend Stocks to Buy. For deeper discussion and analysis, please read 10 Best May Dividend Stocks to Buy.
5. Sirius XM Holdings Inc. (NASDAQ:SIRI)
Ex-Dividend Date: May 11
On April 24, Guggenheim Partners raised its price recommendation on Sirius XM Holdings Inc. (NASDAQ:SIRI) to $34 from $29. It reiterated a Buy rating. The firm said it is updating its model ahead of Q1 earnings expected next week. It also raised its second-half and full-year estimates following news that Sirius will become the exclusive audio advertising representative for YouTube (GOOGL) in the U.S.
On April 23, Rosenblatt Securities analyst Barton Crockett upgraded SIRI to Buy from Neutral with a $46 price target. He said “the amazing endorsement” tied to the YouTube deal, along with “the laser beam focus” on S-band spectrum for satellite services and satellite-to-device or cell phone capabilities, supports a stronger outlook. He also pointed to developments around a potential SpaceX IPO, Amazon and its Globalstar acquisition, and the FCC’s March 27 NPRM as factors that “argue for a huge unlock of value.”
Sirius XM Holdings Inc. (NASDAQ:SIRI) is an audio entertainment company in North America. Its portfolio includes the SiriusXM subscription service, the Pandora streaming platform, a large podcast network, and a range of business and advertising solutions.
4. Consolidated Edison, Inc. (NYSE:ED)
Ex-Dividend Date: May 13
On April 24, Bank of America raised its price recommendation on Consolidated Edison, Inc. (NYSE:ED) to $107 from $104. It reiterated an Underperform rating. Ahead of Q1 results, the firm projected adjusted EPS of $2.28, in line with consensus. It expects support from modest growth in the revenue base, along with the first-year impact of the 2026–2028 electric and gas rate plan and continued system investment. The firm also looks for management to reaffirm its 2026 adjusted EPS guidance and its five-year growth framework.
On April 21, Morgan Stanley analyst David Arcaro lowered the price target on ED to $105 from $106 and maintained an Overweight rating. The analyst said the firm is updating price targets across Regulated and Diversified Utilities and IPPs in North America. In March, utilities outperformed the S&P 500.
Consolidated Edison, Inc. (NYSE:ED) is a holding company. Through its subsidiaries, including Consolidated Edison Company of New York, Orange and Rockland Utilities, and Con Edison Transmission, it provides a range of energy-related products and services to customers.
3. Southern Copper Corporation (NYSE:SCCO)
Ex-Dividend Date: May 13
On April 23, Scotiabank analyst Alfonso Salazar raised the price recommendation on Southern Copper Corporation (NYSE:SCCO) to $133 from $125. It reiterated an Underperform rating. The firm said it increased its price-to-net-asset-value multiple for the company’s Mexican open-pit assets. Even with that change, the analyst noted there is still no clear upside at current levels.
On April 10, Goldman Sachs upgraded SCCO to Neutral from Sell and raised its price target to $178 from $142.79. The firm said the copper scarcity premium is “larger than ever,” pointing to expectations of tighter supply and demand over time. It added that Southern Copper, as one of the largest pure copper producers with long-life reserves in stable regions, should trade at a premium to peers. The analyst also said the company has “strong defensive positioning” during a downturn, supported by its low cost structure and relatively lower operating leverage.
Southern Copper Corporation (NYSE:SCCO) is an integrated copper producer. It produces copper, molybdenum, zinc, and silver. Its mining, smelting, and refining operations are based in Peru and Mexico, with exploration activities in those countries as well as Argentina and Chile.
2. Comfort Systems USA, Inc. (NYSE:FIX)
Ex-Dividend Date: May 15
On April 24, KeyBanc Capital Markets upgraded Comfort Systems USA, Inc. (NYSE:FIX) to Overweight from Sector Weight with a $2,004 price target. The firm said valuation had been a limiting factor in the past. After a “very strong” Q1 and signs that the company is running trials with new customers for its modular product, the analyst now sees “a good entry point,” with the potential for another hyperscaler relationship.
During the Q1 2026 earnings call, CEO Brian Lane said the company delivered a very strong start to the year. Same-store revenue rose 51%. He noted that gross margins reached a record level for the quarter, and EPS came in at $10.51. Backlog also hit a record $12.5 billion, with the level entering Q2 about $5 billion higher than a year earlier.
Lane also spoke about capital returns. He said the quarterly dividend increased to $0.80 per share, up by $0.10. The company remains focused on returning capital to shareholders while keeping the balance sheet in good shape. CFO William George said first-quarter revenue totaled $2.9 billion. Both segments showed strong growth. Electrical revenue rose 88%, while Mechanical increased 47%, supported by continued demand from the technology sector.
Comfort Systems USA, Inc. (NYSE:FIX) provides heating, ventilation, air conditioning, mechanical, and electrical contracting services for commercial, industrial, and institutional customers. It operates through the Mechanical and Electrical segments.
1. The Sherwin-Williams Company (NYSE:SHW)
Ex-Dividend Date: May 22
On April 21, Bank of America lowered its price recommendation on The Sherwin-Williams Company (NYSE:SHW) to $365 from $370. It reiterated a Neutral rating. The analyst said commodity markets moved up quickly through March and into April, driven by the Iran conflict. That shift is pushing upstream forecasts higher for 2026, starting in Q2, while at the same time leading to cuts for downstream producers.
On April 10, Wells Fargo downgraded SHW to Equal Weight from Overweight and lowered the price target to $365 from $410. The firm said volume pressure is likely to be more pronounced compared with RPM and PPG. The analyst noted that the war in Iran has led to “broad-based” inflation across commodity chains, which is flowing into coatings raw materials. Higher costs are expected to weigh on margins. Sales may also face pressure as the macro environment becomes more challenging and affordability remains tight. The firm cut its estimates to reflect a tougher outlook for US housing and the impact of rising input costs.
The Sherwin-Williams Company (NYSE:SHW) manufactures and sells paints, coatings, and related products. It serves professional, industrial, commercial, and retail customers, mainly in North and South America, with additional operations in the Caribbean, Europe, Asia, and Australia.
While we acknowledge the potential of SHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHW and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 10 Canadian Stocks with Highest Dividends and 10 Best Dividend Aristocrat Stocks to Buy in 2026
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
