There are several stocks that pay high dividends, and the highest-paying ones can change over time. Here are some of the highest dividend-paying stocks as of October 2023, according to various sources:
- V.F. Corp. (VFC): 9.1% trailing dividend yield
- Pioneer Natural Resources Co. (PXD): 9.8% trailing dividend yield
- Walgreens Boots Alliance Inc. (WBA): 8.8% trailing dividend yield
- Altria Group Inc. (MO): 8.6% dividend yield
- Energy Transfer (ET): 8.59% dividend yield
- Ares Capital (ARCC): 9.97% dividend yield
- AT&T Inc. (T): 7.6% dividend yield
- Verizon Communications Inc. (VZ): 7.7% dividend yield
- Prudential Financial (PRU): 5.1% dividend yield
Its important to note that high dividend yields can be a sign of financial distress, and past payouts are not a guarantee of future distributions. Its also important to consider other factors, such as the companys financial health, growth potential, and overall investment strategy, before investing in any stock.
