Constrained anisotropic dipole oscillator strength distribution techniques are discussed and applied to obtain reliable results for a wide variety of the anisotropic and isotropic dipole properties of H-2 and N2. These include the dipole oscillator strength sums S(k), k = 2, 1, - 1/2(-1/2)- 2, 3, -4, . . . , the logarithmic dipole sums L(k) and mean excitation energies I(k), k = 2(-1) -2, and, as a function of wavelength, the dynamic polarizability and the associated anisotropy, the total depolarization ratio, the Rayleigh scattering cross section, and the Verdet constant. The anisotropic components of the DOSD for a molecule are obtained from a given recommended isotropic DOSD by using a constrained least squares procedure and a series of known anisotropic constraints. Assuming that sufficient input is available, the constrained DOSD approach used in this paper is the only available method for the reliable evaluation of all the relevant anisotropic and isotropic dipole properties for a wide variety of atoms and molecules.