11 large-cap stocks whose dividend yield is more than 4%
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Contributor since / Followers
1 month ago
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U.S. stocks have climbed to record highs with the Standard & Poor’s 500 stock index (SP500) gaining 23% for the year through Friday. Meanwhile, the dividend yield for the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) currently stands at about 1.2%.
That said, dividend-seeking investors can still find large-cap stocks that offer a yield of more than 4%, as the following Seeking Alpha screener shows. The screener is set to identify comparably undervalued stocks, or those with a non-GAAP forward price-to-earnings multiple of less than 20 times.
The list includes companies outside the traditional dividend payers in the utilities, pipelines and real estate investment trust categories.
| Symbol | Company | Div Yield | Forward P/E (times) |
| (NYSE:PFE) | Pfizer | 5.72% | 10.98 |
| (NYSE:T) | AT&T | 5.08% | 9.93 |
| (NYSE:PM) | Philip Morris Int’l | 4.37% | 18.77 |
| (NYSE:VZ) | Verizon Communications | 6.08% | 9.63 |
| (OTCPK:ALIZY) (OTCPK:ALIZF) | Allianz | 4.51% | 12.23 |
| (NYSE:SHEL) | Shell | 4.07% | 8.42 |
| (NYSE:CVX) | Chevron | 4.25% | 14.12 |
| (NYSE:TTE) | TotalEnergies | 5.13% | 8.13 |
| (NYSE:RIO) | Rio Tinto Group | 6.66% | 9.33 |
| (NYSE:UPS) | United Parcel Service | 4.79% | 18.27 |
| (NYSE:BHP) | BHP Group | 5.11% | 11.86 |