Which blue chip stocks pay the highest dividends?
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.
- Philip Morris International PM.
- Altria Group MO.
- Comcast CMCSA.
- Medtronic MDT.
- Pioneer Natural Resources PXD.
- Duke Energy DUK.
- PNC Financial Services PNC.
- Kinder Morgan KMI.
| Company (Ticker) | Sector | Market Cap |
|---|---|---|
| Nvidia Corp. (NVDA) | Technology | $2.13T |
| JPMorgan Chase & Co. (JPM) | Financial | $568.04B |
| Salesforce (CRM) | Technology | $291.41B |
| Caterpillar (CAT) | Industrials | $184.27B |
| Dividend Stock | Current Dividend Yield* | Analysts' Implied Upside* |
|---|---|---|
| JPMorgan Chase & Co. (ticker: JPM) | 2.3% | 2.8% |
| Home Depot Inc. (HD) | 2.5% | 10.5% |
| Procter & Gamble Co. (PG) | 2.4% | 15.4% |
| Johnson & Johnson (JNJ) | 3.1% | 25.3% |
| 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% |
| FBGRX | Category High | |
|---|---|---|
| Dividend Yield | 0.00% | 27.49% |
Dividend Kings are the ultra-rare stalwarts of the dividend world, with at least five decades of growing their payouts every year. You can find Dividend Kings in almost every sector and industry.
| Best Large-cap Stocks | Sub-Sector | 1Y Return (%) |
|---|---|---|
| Indian Railway Finance Corp Ltd | Specialized Finance | 422.66 |
| REC Limited | Specialized Finance | 304.82 |
| Bharat Heavy Electricals Ltd | Heavy Electrical Equipments | 260.74 |
| Zomato Ltd | Online Services | 243.21 |
That makes Coca-Cola a Dividend King. This elite group consists of companies that have increased payments for at least 50 consecutive years. Coca-Cola's stock has a 3.3% dividend yield. That's more than double the S&P 500's 1.4%.
- Aehr Test Systems (AEHR)
- Lattice Semiconductor (LSCC)
- Direxion Daily Semiconductor Bull 3x Shares (SOXL)
Should you hold blue chip stocks?
Whether you consider yourself risk-averse or are simply looking for a low-risk addition to your portfolio, blue chip stocks offer a good way to start investing. Because blue chip companies are relatively stable, blue chip stocks are considered a low-risk investment.
| Symbol | Volatility | Market cap |
|---|---|---|
| TTCON D | 69.01% | 5.21 M USD |
| SMXT D | 61.11% | 432.836 M USD |
| BSGM D | 60.78% | 15.215 M USD |
| PLCEThe) D | 53.56% | 103.312 M USD |
| Name | Price | Analyst Price Target |
|---|---|---|
| CVX Chevron | $156.71 | $183.60 (17.16% Upside) |
| EOG EOG Resources | $132.59 | $146.71 (10.65% Upside) |
| ET Energy Transfer | $15.21 | $18.33 (20.51% Upside) |
| HESM Hess Midstream Partners | $34.74 | $37.50 (7.94% Upside) |
- 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%
The importance is relative and specific to each investor. If you only care about identifying which stocks have performed better over a period of time, the total return is more important than the dividend yield. If you are relying on your investments to provide consistent income, the dividend yield is more important.
| Stock | Dividend yield | Dividend growth streak |
|---|---|---|
| Procter & Gamble Co. (PG) | 2.4% | 68 years |
| 3M Co. (MMM) | 6.5% | 65 years |
| Coca-Cola Co. (KO) | 3.3% | 61 years |
| Johnson & Johnson (JNJ) | 3.2% | 61 years |
Monthly Dividend Stock #1: Realty Income
The most popular company on our list of monthly dividend stocks, Realty Income (O) has been in business since 1969 and is one of the best recession-proof stocks with dividends.
Realty Income (O 1.09%), Prologis (PLD -7.09%), and Camden Property Trust (CPT 0.31%) stand out as three of the top options for income-seeking investors. Their bigger payouts enable investors to produce more income from every dollar they invest, maximizing their income production.
- NVDA. NVIDIA CORP. 13.15%
- MSFT. MICROSOFT CORP. 9.10%
- AMZN. AMAZON.COM INC. 8.63%
- AAPL. APPLE INC. 6.80%
- GOOGL. ALPHABET INC CL A. 5.89%
- META. META PLATFORMS INC CL A. 5.59%
- MRVL. MARVELL TECHNOLOGY INC. 3.23%
- LLY. ELI LILLY & CO. 2.63%
While dividend payments are not absolutely necessary for a stock to be considered a blue chip, most blue chips have long records of paying stable or growing dividends.
How often does Vanguard High dividend yield pay dividends?
VYM Dividend Information
The dividend is paid every three months and the last ex-dividend date was Mar 15, 2024.
Can an investor really get rich from dividends? The short answer is “yes”. With a high savings rate, robust investment returns, and a long enough time horizon, this will lead to surprising wealth in the long run. For many investors who are just starting out, this may seem like an unrealistic pipe dream.
Rule 3 of Dividend Rules prescribes the conditions to be complied with for declaring dividend out of reserves. A pertinent question here is – whether a company can declare dividend out of 100% of the amount that has been transferred to General Reserve.
What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.
| Company | Dividend Yield |
|---|---|
| Kearny Financial Corp. (KRNY) | 7.95% |
| Insteel Industries, Inc. (IIIN) | 7.93% |
| REV Group Inc (REVG) | 7.89% |
| Flushing Financial Corp. (FFIC) | 7.86% |
