Top 5 Dividend Aristocrats with High Yields
Dividend Aristocrats are companies that have consistently increased their dividends for at least 25 years. While most dividend aristocrats have modest yields, there are a few that stand out with sky-high yields above 5%. Here are the top 5 dividend aristocrats with impressive yields:
1. AT&T (T)
AT&T is a telecommunications giant that has a dividend yield of over 7%. The company has a long history of increasing its dividends and has a strong position in the market.
2. ExxonMobil (XOM)
ExxonMobil is an oil and gas company with a dividend yield of around 6%. Despite challenges in the industry, ExxonMobil has remained committed to rewarding its shareholders with generous dividends.
3. AbbVie Inc. (ABBV)
AbbVie is a pharmaceutical company known for its blockbuster drug Humira. The company has a dividend yield of over 5% and has a solid track record of dividend growth.
4. Chevron Corporation (CVX)
Chevron is another major player in the oil and gas industry with a dividend yield of over 5%. The company has a strong balance sheet and is committed to maintaining its dividend payments.
5. IBM (IBM)
IBM is a technology company that has transformed itself over the years. The company has a dividend yield of around 5% and continues to reward its shareholders with steady dividend increases.
Investors looking for high-yield dividend aristocrats should consider adding these companies to their portfolio. While high yields can be attractive, it’s important to also consider the overall health and stability of the company before making any investment decisions.