How to Find the Best High Dividend Stocks
If you're not familiar with dividends, here is a short recap. Dividends are a portion of the company's earnings that are distributed to shareholders.
High Dividend Stocks are typically stocks that offer a dividend yield greater than the average 2.00%. Typically high dividend stocks come from companies with strong cash flow.
You should always be careful about these and do your research. Here are some popular high dividend stocks that have strong brand recognition and high dividend yields.
Citigroup (C) – Dividend Yield 4.74%
Citigroup is one of the big four banks in the United States. They offer financial services such as consumer banking and credit, corporate and investment banking, and wealth management.
JPMorgan Chase (JPM) – Dividend Yield 3.55%
JPMorgan Chase is considered the largest bank in the United States and seventh-largest in the world by total assets. These amount to around $3.2 trillion.
ExxonMobil (XOM) – Dividend Yield 10.19%
ExxonMobil is the third-largest publicly traded oil and gas company behind Chevron and Saudi Aramco. While oil prices have lately decreased and 2020 has not been kind to any stocks.
Chevron (CVX) – Dividend Yield 7.07%
Chevron is another oil & gas company and recently overtook ExxonMobil for the world's 2nd largest energy company.
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