Dividend shares are a good way to generate earnings out of your investments whereas nonetheless sustaining the potential for development from will increase within the underlying share value. Nevertheless, dividends aren’t assured and could also be minimize or eradicated altogether if an organization’s monetary outlook worsens.
Listed here are the shares with the best dividend yields within the S&P 500.
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Highest dividend shares within the S&P 500
*Market information as of Might 20, 2024.
1. Dow Inc. (DOW)
Dow is concerned within the manufacturing of various chemical compounds which can be utilized in quite a lot of industries. Its segments embrace packaging and specialty plastics, industrial intermediates and infrastructure, in addition to efficiency supplies and coatings. Dow is headquartered in Midland, Michigan.
- Dividend yield: 9.4 %
- Annual dividend: $2.80
2. LyondellBasell Industries (LYB)
LyondellBasell Industries is a world chemical firm that sells plastics and chemical compounds to prospects in varied industries, together with meals packaging, dwelling furnishings, automotive elements, paints and coatings. The corporate generated greater than $40 billion in income throughout 2024.
- Dividend yield: 9.3 %
- Annual dividend: $5.36
3. Walgreens Boots Alliance (WBA)
Walgreens Boots Alliance operates retail pharmacies throughout the U.S., Europe and Asia. It generated $147.7 billion in gross sales throughout its fiscal 2024 and is without doubt one of the largest purchasers of prescribed drugs and different well being merchandise on this planet. The corporate has a dividend historical past that dates again to 1989, however slashed its dividend by 48 % in early 2024 to preserve money and enhance its stability sheet.
- Dividend yield: 7.4 %
- Annual dividend: $1.00
4. Alexandria Actual Property Equities (ARE)
Alexandria Actual Property Equities is an actual property funding belief (REIT) centered on the life science business. The corporate develops mega-campus ecosystems designed for corporations centered on scientific and technological improvements. On the finish of 2024, it had 391 properties in North America consisting of about 44.1 million rentable sq. ft.
- Dividend yield: 7.4 %
- Annual dividend: $5.28
5. Pfizer (PFE)
Pfizer is a world pharmaceutical firm that provides merchandise that deal with varied cancers, vaccines towards infectious illnesses and a lot of specialty care merchandise. It generated income of $63.6 billion in 2024, down from greater than $101 billion in 2022 on account of a decline in its Covid-19 vaccine enterprise.
- Dividend yield: 7.3 %
- Annual dividend: $1.72
6. Healthpeak Properties (DOC)
Healthpeak Properties invests in and manages actual property centered on well being care discovery and supply, together with labs, outpatient medical belongings and persevering with care retirement neighborhood belongings. Healthpeak’s portfolio included 697 properties on the finish of 2024, nearly all of which had been outpatient medical amenities.
- Dividend yield: 7.0 %
- Annual dividend: $1.22
7. Altria Group (MO)
Altria Group owns a portfolio of tobacco merchandise, together with Philip Morris USA. The corporate says it’s centered on returning money to shareholders whereas additionally transferring grownup people who smoke away from cigarettes over time.
- Dividend yield: 6.9 %
- Annual dividend: $4.08
8. United Parcel Service (UPS)
UPS is without doubt one of the largest bundle supply corporations on this planet and in addition supplies provide chain administration options. In 2024, the corporate delivered a mean of twenty-two.4 million packages per day and generated $91.1 billion in complete income.
- Dividend yield: 6.7 %
- Annual dividend: $6.56
9. Ford Motor Co. (F)
Ford is without doubt one of the largest automakers on this planet, promoting automobiles beneath its Ford and Lincoln manufacturers. It offered greater than 4.4 million automobiles globally in 2024 and reported consolidated revenues of roughly $185 billion.
- Dividend yield: 6.4 %
- Annual dividend: 75 cents
10. Verizon (VZ)
Verizon is a frontrunner in communication and expertise companies. Together with AT&T and T-Cellular, it supplies nearly all of mobile-phone companies within the U.S. Verizon generated about $135 billion in income in 2024.
- Dividend yield: 6.2 %
- Annual dividend: $2.71
What’s a dividend yield and what does it imply?
A dividend yield is a technique to measure how a lot earnings a inventory generates relative to its inventory value. Calculating a dividend yield provides traders a technique to examine yields throughout completely different corporations, industries and even asset courses.
A dividend yield is calculated by dividing an organization’s annual per share dividend by its present share value. For instance, an organization that paid an annual dividend of $1.00 per share would have a 5 % dividend yield when its share value was $20.00.
Editorial Disclaimer: All traders are suggested to conduct their very own impartial analysis into funding methods earlier than investing choice. As well as, traders are suggested that previous funding product efficiency is not any assure of future value appreciation.
