These 4 Stocks Are Paying Dividends This July
Here's What You Actually Need to Know Before
Buying
Okay so real talk — I almost ignored these four stocks when I first saw them pop up on my dividend calendar.
A Missouri bank. A Taiwanese chip company. Another bank from Massachusetts. And some Singapore-based tech company I'd honestly never heard of before 2024.
Boring, right?
Except once I actually sat down and dug into each of them, I realized two of these are genuinely interesting buys right now, one is a hidden gem that Wall Street is quietly obsessing over, and one is a trap that a lot of casual dividend hunters are going to fall into.
I'll tell you which is which. But first — let me explain why June 29, 2026 matters if you've been watching any of these names.
So What's the Big Deal About June 29?
All four of these companies — GSBC, IMOS, INDB, and JOYY — share the same ex-dividend date: June 29, 2026.
Here's what that means in plain English: if you owned shares before that date, you're getting paid. If you bought on or after June 29, you missed this round.
I know some people try to "catch" dividends by buying right before the ex-date. Please don't do that. The stock price almost always drops by roughly the dividend amount on ex-dividend day, so you're basically just moving money from one pocket to another. The real way to win at dividend investing is to own great companies for a long time and let the payouts stack up.
Anyway. Let's talk about the actual companies, because that's the interesting part.
Great Southern Bancorp (GSBC) — The World's Most Boring
Stock (That's a Compliment)
I want you to picture a bank in Springfield, Missouri. Not New York. Not San Francisco. Springfield, Missouri.
That's where Great Southern Bancorp has been quietly operating for decades. And when I say quietly — I mean they just paid their 146th consecutive quarterly dividend. One hundred and forty-six. That's 36-plus years without skipping a single payment to shareholders. Through the 2008 financial crisis. Through COVID. Through every rate hike cycle and recession scare in between.
They run 87 retail banking centers across Missouri, Iowa, Kansas, Minnesota, Arkansas, and Nebraska. They do loans, checking accounts, CDs, mortgages — the usual community bank stuff. They also have commercial lending offices in bigger cities like Chicago, Dallas, and Atlanta. Nothing flashy. Just solid, consistent banking.
The current dividend is $0.43 per share per quarter — so $1.72 annualized. At recent stock prices around $74–76, that's a yield of roughly 2.3–2.4%.
Now that's not going to make anyone rich overnight. But here's what I find genuinely compelling: the dividend has been growing. Up about 7.5% in the past year alone. Five-year average growth rate is around 4.8%. That might not sound like much, but compounding a 2.4% yield that grows 5% a year for a decade? You end up with a yield-on-cost closer to 4%, plus capital appreciation on top.
Q1 2026 earnings were good too — $1.58 per diluted share against estimates of $1.29. They beat by almost 25%. The bank is profitable, conservatively run, and they've got a low beta (around 0.50), meaning it doesn't swing wildly when the market gets choppy.
The one thing I'll flag: the only analyst covering GSBC right now has a Hold rating with a $65 price target — and the stock was trading around $74–76 when I last checked. So technically that analyst thinks it's slightly overvalued at current levels.
Does that mean you should avoid it? Not necessarily. If you're a buy-and-hold income investor who wants a bank that's never going to miss a dividend payment, GSBC earns its place in your portfolio. Just don't expect fireworks on the price appreciation side.
GSBC — Great Southern Bancorp
| Detail | Info |
|---|---|
| Dividend per share | $0.43 / quarter |
| Annualized dividend | $1.72 |
| Ex-dividend date | June 29, 2026 |
| Payment date | July 14, 2026 |
| Record date | June 29, 2026 |
| Dividend yield | ~2.31–2.45% |
| 1-yr dividend growth | +7.5% |
| 5-yr avg growth | 4.81% / year |
| Consecutive quarters | 146th straight payout |
| Analyst target | $65.00 (Hold) |
| Market cap | ~$811M |
| EPS (TTM) | $6.20 |
ChipMOS Technologies (IMOS) — The AI Tailwind Play That
Comes With Baggage
This one is interesting, and not in a straightforward way.
ChipMOS is a Taiwanese semiconductor company. They don't design chips — they test them, package them, and assemble them. Think of them as the quality control and finishing crew for the semiconductor industry. Fabless chip designers like Qualcomm or MediaTek create the chip designs, fabs like TSMC manufacture them, and companies like ChipMOS handle the back-end work of making sure everything actually functions before it ships.
They've got five business segments — Testing, Assembly, Display Panel Driver work, Bumping, and a catch-all "Others" bucket. They employ nearly 5,700 people and trade on NASDAQ as American Depositary Shares under the ticker IMOS.
Here's the interesting part: their memory testing and assembly business has been picking up real steam because of AI and data center demand. More AI hardware means more memory chips, which means more demand for companies that test and package those chips. The secular tailwind is real.
The tricky part is their DDIC (Display Driver IC) business — that's the chip segment that drives smartphone and TV screens — and it's been soft. So you've got one segment booming and another one dragging.
The dividend this year is $0.782592 per ADS — which is a weird number because it's converted from Taiwan dollars, so it fluctuates based on exchange rates every year. The historical annual dividend was $0.835969, so this year's payout is slightly lower. They pay annually, not quarterly, which is different from the other three names in this post.
The yield works out to around 1.3% to 3.4% depending on when you calculate it and what price you're using — which tells you the stock has had some serious price swings. The 52-week range goes from about $15 to $61. That's not a typo. This thing has moved enormously.
One yellow flag I want to be honest with you about: the payout ratio is above 100%. That means ChipMOS paid out more in dividends this year than it earned per share. Now, Taiwanese companies often do this because they're distributing retained earnings from prior years — it's a structural thing, not necessarily a sign of distress — but it's still something to watch.
The next earnings report drops around July 30, 2026, so you'll get a clearer read on trajectory soon.
I'd categorize IMOS as a "for the right person" stock. If you follow semiconductors, understand Taiwan-based investing, and can stomach volatility, there's a real story here. If you're a casual investor looking for a safe, predictable dividend — this probably isn't your lane.
IMOS — ChipMOS Technologies
| Detail | Info |
|---|---|
| Dividend per ADS | $0.7826 (annual) |
| Prior year payout | $0.836 |
| Ex-dividend date | June 29, 2026 |
| Payment date | July 24, 2026 |
| Record date | June 29, 2026 |
| Dividend yield | ~1.3–3.4% (variable) |
| 5-yr avg yield | 6.25% |
| Payout ratio | >100% ⚠️ |
| Payout frequency | Annual (not quarterly) |
| Next earnings | July 30, 2026 |
| Market cap | ~$1.76B |
| 52-week range | $15 – $61 |
Independent Bank Corp (INDB) — The One Analysts Are
Actually Excited About
Okay, let me tell you about the stock in this group that has the most compelling case on paper.
Independent Bank Corp is the parent company of Rockland Trust, which is a well-known community bank across Eastern Massachusetts and Rhode Island. If you're not from New England you might not recognize the name, but Rockland Trust has a strong local reputation and a loyal customer base.
INDB serves individuals and small-to-medium sized businesses. Checking accounts, savings, money markets, commercial real estate loans, C&I lending, residential mortgages, home equity — the full community banking suite. They've got about 2,000 employees and a market cap of roughly $3.9 billion, which puts them in proper mid-cap territory. They also recently completed the acquisition of Enterprise Bancorp, which added meaningful scale to their franchise.
The current dividend is $0.64 per share per quarter — $2.56 annualized. At prices around $81, that's approximately a 3.2% yield. Not astronomical, but solid.
Q1 2026 results were genuinely strong. Net income hit $79.9 million, or $1.63 per diluted share. Return on average assets was 1.31%. Return on average equity was 9.02%. Those are healthy numbers for a community bank. NIM (net interest margin) has been expanding, C&I loan growth was robust, and credit quality stayed stable. Management is guiding for continued margin expansion and disciplined expense management through the rest of 2026.
But here's what really stands out about INDB: the analyst community is genuinely bullish on this one.
Six to seven analysts cover the stock, and here's what they're saying:
Raymond James has a Strong Buy with a $97 price target. Keefe Bruyette rates it Outperform at $94. Hovde Group just initiated with Outperform at $95. Stephens has an Overweight at $88. Even the bears — Piper Sandler is neutral at $84, Barclays Underweight at $82 — aren't calling for a selloff. The average target across all analysts is around $90, implying roughly 11% upside from today's price.
Add that 11% potential price gain to the 3.2% dividend yield and you're looking at a potential total return in the mid-teens over the next twelve months, if the bulls are right.
TipRanks' AI system rates INDB as Outperform. The technical setup is constructive — price is sitting above key moving averages.
The risks are real: the bank is concentrated in the New England economy, commercial real estate exposure is always a watchpoint, and higher provisioning could weigh on near-term earnings. But overall? INDB is the stock in this group I'd be most comfortable recommending to a broad audience.
INDB — Independent Bank Corp ⭐ Editor's Pick
| Detail | Info |
|---|---|
| Dividend per share | $0.64 / quarter |
| Annualized dividend | $2.56 |
| Ex-dividend date | June 29, 2026 |
| Payment date | July 9, 2026 (earliest of 4) |
| Record date | June 29, 2026 |
| Dividend yield | ~3.2% |
| Analyst consensus | Buy (6–7 analysts) |
| Avg price target | ~$90 |
| Target range | $82 – $97 |
| Q1 net income | $79.9M ($1.63 EPS) |
| Market cap | ~$3.9B |
| ROE | 9.02% |
JOYY Inc. (JOYY) — The High-Yield Wildcard That Wall
Street Loves Right Now
Alright. Deep breath. This one is complicated.
JOYY is a Singapore-headquartered global tech company. They run a portfolio of social entertainment and communication apps that most Americans have never heard of but hundreds of millions of people around the world use every day.
Their biggest platform is Bigo Live, a social live streaming app where people broadcast themselves, watch others, send virtual gifts, and generally spend way too much time on their phones. They also run imo (a messaging and video call app popular in developing markets), Likee (a short-video platform competing with TikTok), Hago (a casual gaming and social app), Bigo Ads (an AI-powered advertising platform), and Shopline (a commerce platform for online merchants).
The company was founded in 2005, originally operated as YY Inc. in China, went through a major transformation after selling off its China live streaming business to Baidu a few years back, and has since rebuilt itself as a global-first company based in Singapore. It's a genuinely different kind of business than most US-listed tech companies.
So why is it showing up on a dividend calendar?
Because JOYY is currently paying out an enormous dividend.
The Q2 2026 quarterly dividend is $1.50 per ADS. Annualized, that's $3.76 per share. At current prices around $65, that's a trailing yield of approximately 6.3%. Some sources put it even higher depending on the calculation.
And this isn't a random one-time payout. Back in March 2025, JOYY's board authorized a formal three-year quarterly dividend program to distribute approximately $600 million in total cash to shareholders from 2025 through 2027. That's a real, scheduled, committed program. Then in May 2026, alongside a blowout Q1 earnings report, they announced an additional $1.5 billion shareholder return program combining buybacks and more dividends.
The Q1 2026 results were strong: $1.11 EPS beat estimates of $0.98. Revenue grew 12.4% year-over-year to $555.7 million, beating the $543 million Wall Street was expecting. All three main segments — Social Entertainment, Bigo Ads, and Shopline — showed positive momentum. The company guided Q2 revenue of $562M–$581M, ahead of consensus.
The stock jumped 20% in a single day when those results came out in late May.
And the analyst community? They're pretty fired up about JOYY right now.
14 analysts cover the stock. 13 of them say Buy. One says Hold. Zero say Sell. The average 12-month price target is around $80, with the high end at $92. At $65, that implies roughly 23% upside before you even count the 6%+ dividend yield.
Citi raised its target to $78 (Buy). UBS initiated with a Buy. Morgan Stanley is Equal Weight at $66 — the lone voice of restraint. The general narrative is that JOYY is transitioning from a "yield story" (buy it for the big dividend) to a "fundamentals story" (buy it because the actual business is growing), and if that transition lands, there's a re-rating in the stock waiting to happen.
Now. I want to be honest with you about the risks, because they're real.
JOYY is a Chinese-founded company. Even though it's based in Singapore and operates globally, US-China geopolitical tensions are a background risk that you can't completely ignore. The payout ratio concern exists here too — EPS is expected to face pressure over the next couple of years even as revenue grows. And international tech companies that operate across dozens of markets face regulatory exposure in ways that a Missouri bank simply doesn't.
This is not a stock for your "sleep well at night" money. But for a portion of a diversified portfolio — for an investor who's done their homework and understands what they're owning — the risk-reward here is genuinely interesting. Few stocks in the market right now offer 6% yield plus 23% analyst upside.
JOYY — JOYY Inc.
| Detail | Info |
|---|---|
| Dividend per ADS | $1.50 / quarter |
| Annualized dividend | $3.76 (highest of 4) |
| Ex-dividend date | June 29, 2026 |
| Payment date | July 14, 2026 |
| Record date | June 29, 2026 |
| Dividend yield | ~6.3% |
| Shareholder return program | $600M (2025–2027) |
| New buyback program | $1.5B announced Q1 2026 |
| Analyst consensus | Strong Buy (13/14 analysts) |
| Avg price target | ~$80 (~23% upside) |
| Q1 revenue | $555.7M (+12.4% YoY) |
| Q1 EPS | $1.11 vs $0.98 estimate |
Here's My Honest Take on All Four
I've been doing this long enough to know that no dividend stock is perfect. So let me just be direct with you.
GSBC — I like this one for conservative income investors. The 146-quarter streak is the kind of track record that speaks for itself. You're not buying this for excitement. You're buying it because it will probably still be paying you a dividend in 2040. The single analyst target suggesting slight overvaluation is worth knowing, but it doesn't change the long-term income thesis for me.
IMOS — I'd want to see the July 30 earnings before making a move. The AI semiconductor story is compelling, but the volatility, annual-only dividend schedule, and Taiwan risk make this one for investors who really know what they're doing in the semiconductor space. Don't buy it just for the dividend.
INDB — This is probably my favorite of the four for a typical American investor who wants balance. Solid yield, real analyst conviction, a growing New England franchise, and visible path to double-digit total returns. The risks are manageable and clearly defined. I'd put this on a watchlist immediately if it's not already there.
JOYY — This one requires intellectual honesty. The yield is eye-popping, the Q1 results were excellent, and 13 out of 14 analysts can't all be wrong. But it's also the highest-risk name in the group. If you buy JOYY, buy it because you understand the business — not just because 6% sounds nice.
A Few Dividend Investing Basics Worth Repeating
I know some of you reading this are just getting started with dividend investing. So let me drop a few quick reminders that I wish someone had told me earlier.
The yield isn't the whole story. A 10% yield on a company that's about to cut its dividend is worse than a 2% yield from a company that's been growing it for 36 years. Always look at the payout ratio and the business health behind the number.
Dividend growth is where the magic is. If you reinvest dividends and the payout grows 5–7% per year, your yield on original cost starts to compound into something genuinely meaningful after 10–15 years. This is how real wealth gets built in this strategy.
Don't chase the ex-date. Seriously. The stock price adjusts downward on ex-dividend day. You can't arbitrage your way into free money here.
Diversify. Having four dividend stocks is a start, not a destination. Spread across sectors, geographies, and yield levels so one bad quarter at one company doesn't crater your income.
Quick Disclaimer
I want to be straight with you: nothing in this post is financial advice. I'm a person who likes digging into stocks and sharing what I find — I'm not your financial advisor, and you should not make investment decisions based solely on what I wrote here. Do your own research. Talk to a professional if you're putting serious money to work. Stocks go up and down, dividends get cut, and past performance tells you what happened — not what's going to happen.
All analyst price targets mentioned here are from publicly available sources and represent analyst opinions, not guarantees.
Alright, Let's Wrap This Up
Four stocks. Four very different stories.
A quiet Missouri bank that's never missed a dividend payment in 36 years. A Taiwanese semiconductor company riding the AI wave but carrying real volatility risk. A New England community bank that Wall Street is actually bullish on. And a Singapore tech company paying you 6% while analysts expect another 23% in price gains.
None of them are "obvious" plays. All of them have real stories worth understanding.
That's kind of the beauty of dividend investing, honestly. You end up learning about businesses you'd never otherwise look at. You become a little smarter about the economy, about different industries, about how companies actually make money. And somewhere along the way, those quarterly payments start adding up into something that actually matters.
That's the game. It's slow, it's methodical, and it works.
Now go do your homework.
If this helped you think through these stocks differently, share it with someone who's been meaning to get into dividend investing. And check back — the next ex-dividend calendar drops in a few weeks.
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