In the search for high income producing dividend stocks, dividend investors will pay close attention to the quality of a prospective investment. Investors don’t want to simply focus on a high dividend yield only to discover that the stock price has plunged or that the corporation has gone belly up. One way that investors can reduce this volatility/risk is to limit their high dividend search to larger, more well-established companies. To that end, the following table lists the 30 highest dividend paying mega-cap stocks. For the purposes of this table, mega-cap is defined as any company with a market capitalization of $100 billion or more. The advantage of focusing on mega-cap stocks is that these companies tend to be less volatile and also tend to have more resources (e.g. strong management, access to credit, etc.) to maintain their dividend payments over the long-term.
The table below includes and can be sorted on: company ticker symbol, company name, yield rank, dividend yield and market cap (in billions) as well as the stock’s one-day, one-month, and 12-month percent change. For summary statistics of these 10 highest dividend paying mega-cap stocks as well as how they compare to the Dow, simply scroll down to view the summary table. This table is updated every day after the close.
| Symbol | Company | Yield Rank 3-27-23 | Yield 3-27-23 | Market Cap 3-27-23 | 1d Chg 3-27-23 | 1m Chg 3-27-23 | 12m Chg 3-27-23 |
|---|---|---|---|---|---|---|---|
| VZ | Verizon | 1 | 6.9% | 159.8 | 1.0% | -2.1% | -25.8% |
| HSBC | HSBC | 2 | 6.8% | 134.4 | 1.7% | -11.4% | -1.7% |
| BHP | BHP | 3 | 6.2% | 147.8 | 0.4% | -3.4% | -13.1% |
| T | AT&T | 4 | 5.9% | 134.5 | 1.4% | -0.8% | 4.8% |
| PM | Philip Morris | 5 | 5.5% | 143.7 | 2.0% | -5.7% | -0.9% |
| TTE | TotalEnergies | 6 | 5.2% | 141.0 | -0.7% | 1.7% | 23.5% |
| IBM | IBM | 7 | 5.1% | 117.3 | 3.2% | -0.9% | -1.6% |
| TD | Toronto-Dominion Bank | 8 | 4.8% | 105.5 | 2.4% | -13.1% | -29.1% |
| BX | Blackstone | 9 | 4.3% | 102.5 | 2.3% | -3.3% | -15.8% |
| BP | BP | 10 | 4.3% | 109.5 | 2.8% | -8.3% | 18.8% |
| RY | Royal Bank of Canada | 11 | 4.1% | 129.4 | 1.5% | -8.0% | -17.5% |
| PFE | Pfizer | 12 | 4.1% | 227.0 | -0.4% | -1.4% | -23.8% |
| NVS | Novartis | 13 | 3.8% | 191.4 | 8.0% | 5.5% | 3.9% |
| CVX | Chevron | 14 | 3.8% | 300.6 | 1.0% | -3.2% | -6.9% |
| ABBV | AbbVie | 15 | 3.8% | 277.9 | -0.3% | 2.1% | -2.3% |
| MS | Morgan Stanley | 16 | 3.7% | 142.4 | 0.8% | -12.5% | -8.4% |
| AMGN | Amgen | 17 | 3.6% | 126.4 | -0.5% | 1.0% | -0.9% |
| SNY | Sanofi | 18 | 3.6% | 133.3 | 1.2% | 11.2% | 3.3% |
| UL | Unilever | 19 | 3.5% | 130.8 | 0.6% | 2.4% | 15.2% |
| UPS | UPS | 20 | 3.5% | 160.5 | 0.7% | 2.8% | -13.0% |
| XOM | ExxonMobil | 21 | 3.4% | 430.7 | 2.2% | -4.3% | 24.2% |
| MDT | Medtronic | 22 | 3.4% | 106.0 | 0.3% | -4.5% | -26.6% |
| BMY | Bristol-Myers Squibb | 23 | 3.3% | 143.2 | 0.6% | -2.7% | -7.1% |
| WFC | Wells Fargo | 24 | 3.2% | 141.5 | 3.4% | -19.9% | -28.7% |
| CMCSA | Comcast | 25 | 3.2% | 153.5 | 1.3% | -2.5% | -22.8% |
| GS | Goldman Sachs | 26 | 3.1% | 106.3 | 1.9% | -12.9% | -5.6% |
| JPM | JPMorgan Chase | 27 | 3.1% | 378.2 | 2.9% | -9.6% | -9.5% |
| BAC | Bank of America | 28 | 3.1% | 227.9 | 5.0% | -16.7% | -34.9% |
| CSCO | Cisco | 29 | 3.1% | 207.0 | 0.1% | 3.7% | -8.1% |
| KO | Coca-Cola | 30 | 3.0% | 265.4 | 0.7% | 2.6% | -0.3% |
| Summary Table | Yield Rank 3-27-23 | Yield 3-27-23 | Market Cap 3-27-23 | 1d Chg 3-27-23 | 1m Chg 3-27-23 | 12m Chg 3-27-23 |
|---|---|---|---|---|---|---|
| Average of all highest dividend paying stocks | - | - | 175.8 | 1.6% | -3.8% | -7.0% |
| Dow Jones Industrial Average | - | - | - | 0.6% | -1.4% | -7.0% |