Summer in America brings long days with beach vacations, barbecues, and travel for many families. Americans often spend more on discretionary items during these three months.
As a result, it’s a good time to add stocks of companies that benefit from the summer months to your portfolio. For instance, airlines and hotels are often busier from June to August because families take long vacations. Summer is also a time for outdoor hobbies, gardening, sitting by the pool, and home renovations.
Although these stocks are seasonal picks, they often perform well over the long term, creating value and rising passive income streams.
Many of these companies are Dividend Aristocrats that understand dividends matter to investors and increase them annually. Below are 3 top summer dividend stocks to consider to beat the heat.
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3 Summer Dividend Stocks
Lowe’s Companies (LOW)
Lowe’s Companies is the second-largest home improvement retailer in the U.S. after Home Depot. It operates or services more than 1,700 home improvement and hardware stores in the U.S.
Lowe’s reported first quarter 2026 results on May 20th, 2026. Total sales came in at $23.1 billion compared to $20.9 billion in the same quarter a year ago. Comparable sales increased by 0.6%. Adjusted earnings-per-share of $3.03 were 3.8% higher compared to the first quarter of 2025. The company did not repurchase any of its common stock in the quarter, but it paid out $674 million in dividends. Lowe’s maintained its fiscal 2026 outlook and still expects to earn adjusted EPS of $12.25 to $12.75 on total sales of $92 billion to $94 billion.
Recent acquisitions will be key to Lowe’s future growth. In 2025, Lowe’s completed its acquisition of Artisan Design Group (ADG) for $1.325 billion. ADG designs, distributes, and installs interior surface finishes for flooring, cabinets, and countertops. In FY 2024, ADG generated $1.8 billion of revenue. The acquisition expands Lowe’s Pro offering into a new distribution channel in a $50 billion market. Separately, last year Lowe’s also acquired Foundation Building Materials (FBM), for $8.8 billion. FBM is a distributor of interior building products for large residential and commercial professionals in new construction and repair and remodel. It generated $6.5 billion in revenue in 2024.
LOW is a Dividend King with over 50 consecutive years of dividend increases.
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PPG Industries (PPG)
PPG Industries is the world’s largest paints and coatings company and its products are popular during the summertime when people typically conduct more home renovations. With more than five decades of consecutive dividend increases, PPG Industries is a member of the Dividend Kings. The company generates annual revenues of nearly $17 billion.
On July 17th, 2025, PPG Industries raised its quarterly dividend 4.4% to $0.71, extending the company’s dividend growth streak to 54 consecutive years.
On April 28th, 2026, PPG Industries reported first quarter results for the period ending March 31st, 2026. For the quarter, revenue grew 6.0% to $3.9 billion, which was $50 million more than expected. Adjusted earnings-per-share of $1.83 compared favorably to $1.72 in the prior year and beat estimates by $0.06. Organic growth was 1% for the quarter. Revenue for Global Architectural Coatings, which was formerly part of Performance Coatings, increased 13% to $965 million. Growth was driven primarily by a 12% benefit from foreign currency translation. Pricing added 2% while volume was flat.
The emerging markets are continual growth catalysts for PPG. For example, last quarter Latin America and Asia Pacific once again performed well during the period as organic revenue grew by a mid-single-digit percentage. Performance Coatings grew 5% to $1.33 billion as higher prices and favorable currency exchange were only partially offset by a 2% decline in volume. Aerospace organic sales were up a double-digit percentage. Revenue for Industrial Coatings increased 4% to $1.63 billion.
For 2026, the company continues to expect adjusted earnings-per-share in a range of $7.70 to $8.10. At the midpoint, this would mark 4.2% growth from the prior year.
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Brown-Forman (BF.B)
Brown-Forman is an alcoholic beverage company that is based in Louisville. The company was founded in 1870. It produces and sells whiskey, vodka, tequila, champagne, and wine. Its portfolio includes a range of mostly premium brands, such as Jack Daniel’s, Woodford Reserve, Old Forester, and many others.
Brown-Forman reported revenue of $1.04 billion for its third quarter (fiscal 2026) earnings results. Revenue was down by 2% compared to the previous year’s fiscal third quarter.
Revenue came in above the analyst consensus, like during the previous quarter, beating the consensus estimate by a solid $40 million, as analysts had predicted a wider year-over-year decline.
Earnings-per-share strengthened marginally compared to the previous year’s quarter, despite lower revenue. Earnings-per-share were up by 2%, rising to $0.58 for the quarter, beating the consensus estimate by $0.11. Brown-Forman guided for revenues to decline at a low single-digits rate this year on an organic basis.
Thanks to the fact that Brown-Forman owns strong brands and is active in the super- and ultra-premium alcoholic beverages markets, which see relatively consistent market growth, Brown-Forman should be able to keep its revenues growing in the long run.
Brown-Forman is a Dividend Aristocrat with over 30 consecutive years of dividend growth.
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Bob Ciura
Bob Ciura is President of Content at Sure Dividend. Bob has worked at Sure Dividend since October 2016. He oversees all content for Sure Dividend and its partner sites. Prior to joining Sure Dividend, Bob was an independent equity analyst. Bob received a bachelor’s degree in Finance from DePaul University, and an MBA with a concentration in Investments from the University of Notre Dame.