Which S&P 500 pays the highest dividend?
Altria Group, Inc. (NYSE:MO), AT&T Inc. (NYSE:T), and Verizon Communications Inc. (NYSE:VZ) are some of the highest-paying dividend stocks in the S&P 500 among others that are discussed below.
| Stock | Trailing annual dividend yield* |
|---|---|
| Boston Properties Inc. (BXP) | 6.2% |
| Kinder Morgan Inc. (KMI) | 6.2% |
| AT&T Inc. (T) | 6.3% |
| Verizon Communications Inc. (VZ) | 6.3% |
| COMPANY | SECTOR | DIVIDEND YIELD |
|---|---|---|
| Altria Group Inc. (MO) | Consumer staples | 9.3% |
| Marathon Petroleum Corp. (MPC) | Energy | 1.6% |
| Diamondback Energy (FANG) | Energy | 3.9% |
| VICI Properties (VICI) | Real estate | 5.7% |
| Ticker | Name | Annual dividend yield |
|---|---|---|
| SPYD | SPDR Portfolio S&P 500 High Dividend ETF | 4.49% |
| FDL | First Trust Morningstar Dividend Leaders Index Fund | 4.36% |
| DJD | Invesco Dow Jones Industrial Average Dividend ETF | 4.25% |
| SDOG | ALPS Sector Dividend Dogs ETF | 4.14% |
| Company | Dividend Yield |
|---|---|
| Flushing Financial Corp. | 8.00% |
| Kearny Financial Corp. | 7.81% |
| Chord Energy Corp | 7.66% |
| Insteel Industries, Inc. | 7.62% |
| Name | Price | Analyst Price Target |
|---|---|---|
| MO Altria Group | $41.49 | $43.44 (4.69% Upside) |
| T AT&T | $16.52 | $20.89 (26.41% Upside) |
| XRX Xerox | $17.28 | $18.50 (7.06% Upside) |
| IBM International Business Machines | $185.39 | $192.67 (3.93% Upside) |
| Stock | Dividend yield |
|---|---|
| Coca-Cola Co. (ticker: KO) | 3.2% |
| JD.com Inc. (JD) | 2.8% |
| CK Hutchinson Holdings Ltd. (OTC: CKHUY) | 7.0% |
| Bank of Nova Scotia (BNS) | 6.3% |
| Stock | Dividend yield | Dividend growth streak |
|---|---|---|
| Walmart Inc. (WMT) | 1.4% | 50 years |
| Procter & Gamble Co. (PG) | 2.4% | 68 years |
| 3M Co. (MMM) | 6.5% | 65 years |
| Coca-Cola Co. (KO) | 3.3% | 61 years |
Right now, Pfizer (NYSE: PFE) and Altria Group (NYSE: MO) stand out among dividend stocks. Both have raised their payouts every year for over a decade. Plus, they offer yields above 6% at the moment, and there's a good chance they'll keep raising their payouts over the long run.
| Stock | Market Capitalization | 12-month Trailing Dividend Yield |
|---|---|---|
| Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
| LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
| Realty Income Corp. (O) | $44 billion | 6.4% |
| PermRock Royalty Trust (PRT) | $53 million | 10.3% |
What ETF has 12% yield?
| Symbol | Name | Dividend Yield |
|---|---|---|
| JPMO | YieldMax JPM Option Income Strategy ETF | 12.31% |
| KBWD | Invesco KBW High Dividend Yield Financial ETF | 12.17% |
| XRMI | Global X S&P 500 Risk Managed Income ETF | 12.12% |
| RYLD | Global X Russell 2000 Covered Call ETF | 12.11% |
Does the S&P 500 Pay Dividends? The S&P 500 is an index, so it does not pay dividends; however, there are mutual funds and exchange-traded funds (ETFs) that track the index, which you can invest in. If the companies in these funds pay dividends, you'll receive yours based on how many shares of the funds you hold.
Vanguard S&P 500 UCITS ETF pays quarterly dividends. This is paid in the months of June, September, December, March. When is the next dividend from Vanguard S&P 500 UCITS ETF? The next dividend for Vanguard S&P 500 UCITS ETF is expected in June.
Kinder Morgan (NYSE: KMI), Equinix (NASDAQ: EQIX), and Lockheed Martin (NYSE: LMT) are three super-safe dividend stocks because they generate contractually secured cash flow and have strong financial profiles. That makes them great options for those seeking to fortify their dividend income in 2024 and beyond.
The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years. Coca-Cola management is well aware that the dividend is a big part of the stock's attraction.
Microsoft Corporation (NASDAQ:MSFT), Visa Inc. (NYSE:V), and Apple Inc. (NASDAQ:AAPL) are some of the best blue chip dividend stocks among others that are mentioned below in our list.
Pfizer. Pfizer is the highest-yielding stock on our list of top dividend stocks to buy from the best managers; five of our best managers own the stock in their funds. The stock of the wide-moat drugmaker is 37% undervalued.
| Company (ticker) | Dividend Yield |
|---|---|
| UnitedHealth Group Incorporated (UNH) | 1.5% |
| Caterpillar, Inc. (CAT) | 1.4% |
| Exponent, Inc. (EXPO) | 1.4% |
| Elevane Health, Inc. (ELV) | 1.3% |
Basic Info. S&P 500 Dividend Yield is at 1.35%, compared to 1.47% last month and 1.66% last year. This is lower than the long term average of 1.84%.
- ARMOUR Residential REIT – 20.7%
- Orchid Island Capital – 17.8%
- AGNC Investment – 14.8%
- Oxford Square Capital – 13.7%
- Ellington Residential Mortgage REIT – 13.2%
- SLR Investment – 11.5%
- PennantPark Floating Rate Capital – 10%
- Main Street Capital – 7%
Can you live off dividends forever?
Creating a diversified portfolio, understanding the implications of dividend reinvestment plans (DRIPs) and being aware of tax efficiency are vital steps in maximizing dividend income while minimizing risks. The dream of living off dividends is attainable with the right financial planning and investment strategy.
The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.
| Symbol | Holdings | |
|---|---|---|
| Amazon.com Inc | AMZN | 10,000,000 |
| American Express Company | AXP | 151,610,700 |
| Aon PLC | AON | 4,100,000 |
| Apple Inc | AAPL | 905,560,000 |
Whether you want to live off dividends today or are investing for the long haul, the best way to build a dividend portfolio for steady income is to follow a simple set of risk management principles: Hold between 20 and 60 stocks to reduce company-specific risk. Roughly equal-weight each position.
Microsoft (NASDAQ: MSFT), Walmart (NYSE: WMT), and Procter & Gamble (NYSE: PG) are all within 5% of their 52-week highs. Each stock isn't as cheap as it used to be, but there's still a lot to like about these companies as long-term investments. Here's what stands out about each dividend stock.
