Dividend shares are an effective way to generate earnings out of your investments whereas nonetheless sustaining the potential for progress from will increase within the underlying share worth. Nevertheless, dividends aren’t assured and could also be reduce or eradicated altogether if an organization’s monetary outlook worsens.
Listed here are the shares with the very 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 are utilized in a wide range 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 worldwide chemical firm that sells plastics and chemical compounds to prospects in varied industries, together with meals packaging, residence furnishings, automotive elements, paints and coatings. The corporate generated greater than $40 billion in income throughout 2024.
- Dividend yield: 9.3 %
- Annual dividend: $5.36Â
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 pharmaceuticals 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 steadiness 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) targeted on the life science business. The corporate develops mega-campus ecosystems designed for corporations targeted 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 worldwide pharmaceutical firm that gives merchandise that deal with varied cancers, vaccines towards infectious illnesses and various specialty care merchandise. It generated income of $63.6 billion in 2024, down from greater than $101 billion in 2022 because of a decline in its Covid-19 vaccine enterprise.Â
- Dividend yield: 7.3 %
- Annual dividend: $1.72
6. Healthpeak Properties (DOC)
Healthpeak Properties invests in and manages actual property targeted on well being care discovery and supply, together with labs, outpatient medical property and persevering with care retirement neighborhood property. Healthpeak’s portfolio included 697 properties on the finish of 2024, the vast majority of which have 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 targeted on returning money to shareholders whereas additionally shifting 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 package deal supply corporations on this planet and in addition supplies provide chain administration options. In 2024, the corporate delivered a median 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 vehicles below its Ford and Lincoln manufacturers. It bought greater than 4.4 million autos 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 providers. Together with AT&T and T-Cellular, it supplies the vast majority of mobile-phone providers 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 method to measure how a lot earnings a inventory generates relative to its inventory worth. Calculating a dividend yield offers buyers a method to examine yields throughout totally different corporations, industries and even asset lessons.
A dividend yield is calculated by dividing an organization’s annual per share dividend by its present share worth. For instance, an organization that paid an annual dividend of $1.00 per share would have a 5 % dividend yield when its share worth was $20.00.
Editorial Disclaimer: All buyers are suggested to conduct their very own impartial analysis into funding methods earlier than investing resolution. As well as, buyers are suggested that previous funding product efficiency isn’t any assure of future worth appreciation.
