Highest Dividend Yield Shares - Screener (2024)

FAQs

What stock currently has the highest dividend yield? ›

The formula for calculating the dividend yield is equal to the dividend per share (DPS) divided by the current share price. For example, if a company is trading at $10.00 in the market and issues annual dividend per share (DPS) of $1.00, the company's dividend yield is equal to 10%.

The Bottom Line. If you plan to invest in dividend stocks, look for companies that boast long-term expected earnings growth between 5% and 15%, strong cash flows, low debt-to-equity ratios, and competitive strength moving forward.

Some of the best dividend stocks include Johnson & Johnson (NYSE:JNJ), The Procter & Gamble Company (NYSE:PG), and AbbVie Inc (NYSE:ABBV) with impressive track records of dividend growth and strong balance sheets.

Safe Dividend Stock #1

Ameriprise Financial (AMP) has a market capitalization above $30 billion, with more than 12,000 employees, and more than $1 trillion in assets under management. The company's operating segments include Advice & Wealth Management, Asset Management, Annuities, and Protection (insurance products).

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.

In some cases, a high dividend yield can indicate a company in distress. The yield is high because the company's shares have fallen in response to financial troubles. And the high yield may not last for much longer. A company under financial stress could reduce or scrap its dividend in an effort to conserve cash.

Dividend stock ratios are an indicator of a company's ability to pay dividends to its shareholders in the future. The four most popular ratios are the dividend payout ratio, dividend coverage ratio, free cash flow to equity, and Net Debt to EBITDA.

Is Coca-Cola a dividend stock? ›

The Coca-Cola Company's ( KO ) dividend yield is 3.09%, which means that for every $100 invested in the company's stock, investors would receive $3.09 in dividends per year. The Coca-Cola Company's payout ratio is 73.72% which means that 73.72% of the company's earnings are paid out as dividends.

If you're looking to add dependable dividend growers to your portfolio, you can start by checking out the S&P 500 Dividend Aristocrats. The S&P 500 Dividend Aristocrats are an index of 67 companies in the S&P 500 index that have raised their payouts annually for at least 25 consecutive years.

Still, for long-term investors, buying sustainable dividend stocks with solid growth potential is a timeless strategy. Two dividend stocks worth buying right now are telecom giant AT&T (NYSE: T) and tech heavyweight International Business Machines (NYSE: IBM).

Agree Realty, Clearway Energy, Oneok, Vici Properties, and Verizon all pay dividends yielding more than 5%. Those companies should be able to sustain and grow their high-yielding dividends over the long haul. That makes them great stocks to buy for a potential lifetime of dividend income.