Dividend Investing

Dividend yield is the percentage that a stock yields in dividends per year. You can find dividend yield by taking the total dividend paid per year and dividing it by the stock price. Because stock prices change from day to day, or minute to minute, the dividend yield will also change.

Investing in any equity security involves the risk of loss of entire principal. When investing for dividends, you always bear the initial risk that the company will not continue to pay a lower dividend than it paid in the previous year, or eliminate the dividend completely.

Investors should use special caution when evaluating stocks with significantly higher dividends than their industry peers or the broader market as these are often red flags for equity analysts. These companies often use dividends, as well as other distributions, to return cash to shareholders when they cannot deploy it in a manner that would achieve their target rate of return.

Dividend Yields of the Dow 30 Stocks* - Updated April 11, 2024

Equity Ticker Recent Price Estimated Dividend Yield %
Verizon VZ $40.52 2.72 6.64%
3M MMM $92.42 6.00 6.40%
Dow DOW $58.43 2.80 4.78%
Chevron CVX $162.76 6.65 4.10%
IBM IBM $185.98 6.68 3.53%
Amgen AMGN $266.35 9.13 3.38%
Johnson & Johnson JNJ $150.20 5.00 3.30%
Coke KO $58.92 1.92 3.28%
Cisco CSCO $49.04 1.60 3.24%
Goldman Sachs GS $400.36 12.50 3.12%
Home Depot HD $350.18 9.00 2.65%
McDonalds MCD $268.25 6.81 2.60%
Procter & Gamble PG $157.20 4.02 2.57%
Merck MRK $126.18 3.16 2.49%
JP Morgan Chase JPM $195.11 4.65 2.36%
Honeywell HON $198.09 4.44 2.24%
Travelers TRV $223.92 4.28 1.91%
United Health Group UNH $459.56 8.00 1.75%
Nike NKE $91.62 1.54 1.69%
Caterpillar CAT $323.03 5.50 1.70%
Walmart WMT $59.51 0.83 1.40%
American Express AXP $219.97 2.86 1.30%
Intel INTC $38.11 0.50 1.30%
Visa V $276.25 2.24 0.81%
Disney DIS 117.21 0.90 0.76%
Microsoft MSFT $426.24 3.14 0.74%
Apple AAPL $167.40 1.00 0.59%
Boeing BA $174.82 0 N/A
Amazon AMZN $185.80 0 N/A
Salesforce CRM $299.30 0 N/A

* The estimated dividend for each stock is an estimate of the per share amount that will be paid as a dividend during the next 12 months, based on the company's recent dividend history and its dividend policy. Most dividend-paying US companies pay dividends quarterly, although some pay annually or semi-annually.

The above list if the stocks of the Dow Jones Industrial Average does not constitute a guarantee of any yield or a recommendation to buy any specific stock.