Which Blue Chip Stocks Pay High Dividends? Top 60 High Dividend Stocks

While there’s no exact definition of blue chip stocks, they’re usually large, well-known, high-quality industry leaders with reliable financial performance and growth (see our full definition + 30 examples of blue chips stocks).

So which blue chip stocks have the highest dividends?

Well, if you consider the Dow Jones Industrial Average (DJIA) to be blue chip stocks, you can see that Verizon (VZ)IBM (IBM)Exxon Mobil (XOM)Chevron (CVX), and Procter & Gamble (PG) currently pay the highest dividends with yields from 4.4% down to 3.5%.

Top 30 High Dividend Blue Chip Stocks in the Dow Jones Industrial Average (DJIA)

Blue Chip StockCompany NameRecent PriceDividend Yield
VZVerizon$54.334.4%
IBMIBM$142.694.4%
XOMExxon Mobil$84.523.9%
CVXChevron$122.603.7%
PGProcter & Gamble$81.443.5%
KOCoca-Cola$45.683.4%
PFEPfizer$44.513.1%
CSCOCisco Systems$45.632.9%
JPMJPMorgan Chase$111.472.9%
MCDMcDonald’s$168.372.8%
MRKMerck$70.452.7%
MMM3M$202.152.7%
INTCIntel$44.802.7%
JNJJohnson & Johnson$137.732.6%
DWDPDowDuPont$59.322.6%
WBAWalgreens$72.312.4%
TRVTravelers Companies$128.172.4%
CATCaterpillar$143.722.4%
WMTWalmart$95.762.2%
UTXUnited Technologies$131.122.1%
HDHome Depot$193.702.1%
BABoeing$367.471.9%
MSFTMicrosoft$106.161.7%
AXPAmerican Express$103.571.5%
DISWalt Disney$112.861.5%
GSGoldman Sachs$214.891.5%
UNHUnitedhealth$263.081.4%
AAPLApple$216.361.4%
NKENike$74.941.1%
VVisa$135.520.6%

However, if we expand our definition of blue chip stocks to consider all companies in the S&P 500, we can find even higher yields. CenturyLink (CTL)L Brands (LB)Ford (F)Iron Mountain (IRM), and Kimco Realty (KIM) currently pay the highest dividends in the S&P 500 with yields from 10.3% down to 7.2%.

Top 30 High Dividend Blue Chip Stocks in the S&P 500

Blue Chip StockCompany NameRecent PriceDividend Yield
CTLCenturyLink$20.9210.3%
LBL Brands$28.528.4%
FFord$8.828.3%
IRMIron Mountain$32.457.2%
KIMKimco Realty$15.487.2%
TAT&T$32.856.1%
STXSeagate Technology$43.665.8%
MACMacerich$51.425.8%
VTRVentas$54.905.8%
HCPHCP$25.805.7%
IVZInvesco$21.145.7%
SOSouthern Co$43.945.5%
WELLWelltower$63.965.4%
PMPhilip Morris$84.625.4%
PPLPPL$30.455.4%
NLSNNielsen$26.315.3%
MOAltria Group$62.915.1%
NWLNewell Brands$18.075.1%
WMBWilliams Cos$27.205.0%
OKEONEOK$67.314.9%
WYWeyerhaeuser$29.104.7%
GMGeneral Motors$32.604.7%
SPGSimon Property Group$172.624.6%
ORealty Income$57.314.6%
MMacy’s$32.764.6%
DDominion Energy$73.214.6%
DUKDuke Energy$81.884.5%
KHCKraft Heinz$55.744.5%
GISGeneral Mills$43.944.5%
KMIKinder Morgan$18.004.4%

You’ll also notice that nearly one third of the top 30 high dividend stocks in the S&P 500 are real estate investment trusts (REITs), which are known for their high dividend yields.

We think (the right) REITs can be a powerful addition to a high dividend portfolio since they provide very high income and offer exposure to the real estate industry without having to buy physical property.

Data as of 10/10/18

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Author

Todd Lincoln

Author

Passionate stock market investor with deep experience trading small cap, dividend, and growth stocks.

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