5 Highest Yielding Dividend Stocks in the S&P 500
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5 Highest Yielding Dividend Stocks in the S&P 500
"The S&P 500 is packed with the biggest and the best companies, celebrated for the price swings, cash flow, and high upside potential. The index is massive and is often associated with the economic environment. LyondellBasell Industries NV ( NYSE:LYB), United Parcel Service ( NYSE:UPS), Pfizer ( NYSE: PFE), Alexandria Real Estate Equities Inc. ( NYSE: ARE) and ConAgra Brands ( NYSE:CAG) are the highest-yielding dividend stocks in the S&P 500."
"For the third quarter, the company reported a loss of $890 million, down from the profit of $573 million in the same quarter the prior year. The net sales came in at $7.7 million, down 10% from the prior year quarter. It generated $983 million in cash from operations and continues to spend on capital expenditure. It distributed $443 million to shareholders through dividends and buybacks. For the fourth quarter, it expects lower operating rates and year-end seasonality to improve results."
"These are reliable dividend payers with massive cash flows and a strong record of increasing dividends. These five names stand out in the index, and each one comes with a juicy yield and a sturdy balance sheet. It offers the juiciest dividend in the S&P 500 at 12.8%, and the company has increased the payout for 11 years. No other member in the S&P 500 has a double-digit percentage yield. However, the stock has remained beaten down this year and has lost 41% this year."
The S&P 500 is associated with large technology companies, high valuations, and rapid price movements. Five S&P 500 names—LyondellBasell, United Parcel Service, Pfizer, Alexandria Real Estate Equities, and ConAgra Brands—rank among the index's highest-yielding dividend stocks. These companies produce reliable dividends, strong cash flows, and have records of increasing payouts. LyondellBasell yields about 12.8% and has raised its payout for 11 years, though its shares are down roughly 41% year-to-date. LyondellBasell reported a third-quarter loss, lower net sales, generated significant operating cash, returned capital via dividends and buybacks, and expects seasonal fourth-quarter improvement.
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