Top Ten Highest Dividend Stocks in the US Stock Market

This article will look at the top 10 highest dividend stocks in the US stock market. It will identify each of the companies on the list so you can find them for your further research, give a brief description of the company itself,

The US Stock market includes a lot of mining and commodity extraction firms whose dividends can be quite high when times are good, which is great for us. Still, when times are bad, the dividends can be cut significantly!

This is something to watch out for in your portfolio building as these stocks are cyclical; you don’t want to have too much of them as a proportion of your portfolio, or it will be a feast or famine income for you which is not considered to be reliable if you want to live off dividend income!

Infographics taken from Simply Wall St – Sign up to premium here.

Blackstone Inc. Blackstone Inc. 

(Forward Annual Dividend Yield- 6.14%)

  • Company name- Blackstone Inc.
  • Ticker symbol- BX
  • Price – $83.50
  • Sector-Financial Services
  • Industry-Asset Management

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Blackstone Inc. is a firm specialising in many areas, such as real estate and private equity.

The real estate segment specialises in commercial real estate across North America, Europe and Asia. 

Its corporate, private equity business aims for transactions globally, across various transaction types like buyouts, special situations and distresses. 

It purchases and creates platforms and growth equity/development projects in portfolio companies and minority investments in a spectrum of fields ranging from operating companies to life sciences. 

The firm considers a three year investment period in Asia and Latin America. 

Its hedge fund business maintains a range of fund solutions, and its credit business focuses on loans and securities such as senior debt. 

Blackstone Inc. began in 1985 and is based in New York.

BCE Inc.BCE Inc.

(Forward Annual Dividend Yield- 6.14%)

  • Company name-BCE Inc. 
  • Ticker symbol- BCE
  • Price – $45.24
  • Sector-Communication Services
  • Industry-Telecom Services

BCE Inc. provides its services to its customer base in Canada. 

This company operates via three segments.

Its Bell Wireless segment offers wireless voice and data communication products and consumer electronics products. 

The Bell Wireline segment offers data, local telephone, and long-distance services. It further purchases and sells services from or to resellers and other carriers. 

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The Bell Media segment provides speciality TV, pay TV and streaming services.

 BCE Inc. started in 1880 and is headquartered in Verdun, Canada.

Verizon Communications Inc.Verizon Communications Inc.

(Forward Annual Dividend Yield- 6.60%)

  • Company name- Verizon Communications Inc.
  • Ticker symbol- VZ
  • Price – $39.52
  • Sector-Communication Services
  • Industry-Telecom Services

Verizon Communications Inc. provides its products and services globally to various customers. 

Its Consumer segment provides a range of services such as postpaid and prepaid service plans and internet access on notebook computers and tablets.

This segment provides residential fixed connectivity solutions and sells network access to mobile virtual network operators. 

It has an estimated 115 million wireless retail connections, 7 million wireline broadband connections, and 4 million Fios video connections. 

The company’s Business segment provides various network connectivity products like private networking and private cloud connectivity.

This segment also provides other services, namely, voice calling, messaging services and conferencing, to name a few.

It has 27 million wireless retail postpaid connections and 477 thousand wireline broadband connections. 

Verizon Communications Inc. began in 1983 and is based in New York.

Kinder Morgan, Inc.Kinder Morgan, Inc.

(Forward Annual Dividend Yield- 6.72%)

  • Company name-Kinder Morgan, Inc. 
  • Ticker symbol- KMI
  • Price – $16.53
  • Sector-Energy
  • Industry-Oil and Gas Midstream

Kinder Morgan, Inc. is an energy infrastructure company in North America. 

This company operates via four segments.

The Natural Gas Pipelines segment owns and operates facilities like natural gas pipelines, gas gathering systems and natural gas processing and treating facilities. 

The Products Pipelines segment owns and operates refined petroleum products and crude oil.

The Terminals segment owns and operates liquids, and bulk terminals that store and handle products like gasoline, diesel fuel and chemicals.

The CO2 segment produces, transports, and markets CO2 for recovery and production of crude oil from mature oil fields and owns and operates close to 83,000 miles of pipelines and 143 terminals. 

Kinder Morgan, Inc. began in 1936 and is based in Houston, Texas.

AT&T Inc.AT&T Inc.

(Forward Annual Dividend Yield- 6.93%)

  • Company name- AT&T  Inc.
  • Ticker symbol- T
  • Price – $16.01
  • Sector-Communication Services
  • Industry-Telecom Services

AT&T Inc. offers an array of services globally. 

Its Communications segment provides wireless voice and data communications services services and sells wireless devices.

This segment further provides data, voice, security, and cloud solutions for customers ranging from multinational corporations to small businesses.

Also, this segment offers broadband fibre and legacy telephony voice communication services to residential customers. 

It markets its services and products under brands like AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. 

The company has a  Latin America segment that offers wireless services in Mexico; and video services in Latin America. This segment markets its services and products under the AT&T and Unefon brand names. 

 AT&T Inc. started in 1983 and is headquartered in Dallas, Texas.

Enterprise Products Partners L.P.Enterprise Products Partners L.P.

(Forward Annual Dividend Yield- 8.04%)

  • Company name-Enterprise Products Partners L.P.
  • Ticker symbol- EPD
  • Price – $23.62
  • Sector-Energy
  • Industry-Oil and Gas Midstream

Enterprise Products Partners L.P.is a company with four segments.

Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services in 19 natural gas processing facilities.

The Crude Oil Pipelines & Services segment engages in the marketing of crude oil along with the operation of crude oil pipelines and crude oil storage and marine terminals. 

It’s Natural Gas Pipelines & Services segment utilises natural gas pipeline systems to collect, treat, and transport natural gas for marketing purposes. It makes use of underground salt dome natural gas storage facilities.

The Petrochemical & Refined Products Services segment operates refineries and relevant marketing activities. 

This company began in 1968 and is headquartered in Houston, Texas.

Stellantis N.V.Stellantis N.V.

(Forward Annual Dividend Yield- 8.55%)

  • Company name-Stellantis N.V.
  • Ticker symbol- STLA
  • Price – $12.16
  • Sector-Consumer Cyclical
  • Industry-Auto Manufacturers

Stellantis N.V. is involved in the creation and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems worldwide. 

Its passenger vehicles range from luxury to mainstream. 

It also offers parts and services retail and dealer financing, leasing, and rental services. 

The company’s products are offered under several world-renowned brands like Abarth, Alfa Romeo, Chrysler and Citroën.

This company sells its products directly and through distributors and dealers.

 Stellantis N.V. started in 1899 and is headquartered in Hoofddorp, the Netherlands.

Altria Group, Inc.Altria Group, Inc.

(Forward Annual Dividend Yield- 9.02%)

  • Company name-Altria Group, Inc.
  • Ticker symbol- MO
  • Price – $41.68
  • Sector-Consumer Defensive
  • Industry-Tobacco

Altria Group, Inc is a company in the United States that creates and sells smokeable and oral tobacco products. 

The company offers cigarettes, tobacco, oral nicotine pouches and moist smokeless products under brands such as  Marlboro, Black & Mild and Copenhagen. 

It sells its tobacco products mainly to wholesalers, distributors, and large retail organisations, like chain stores. 

Altria Group, Inc. began in 1822 and is headquartered in Richmond, Virginia.

Woodside Energy Group LtdWoodside Energy Group Ltd

(Forward Annual Dividend Yield- 10.69%)

  • Company name-Woodside Energy Group Ltd 
  • Ticker symbol- WDS
  • Price – $20.02
  • Sector-Energy
  • Industry-Oil and Gas E&P

Woodside Energy Group Ltd involves in the business of hydrocarbons around the globe. 

The company produces liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. 

It holds ongoing projects in several countries, such as Canada, Senegal, Greater Scarborough, and Myanmar. 

Woodside Energy Group Ltd began in 1954 and is headquartered in Perth, Australia.

Devon Energy CorporationDevon Energy Corporation

(Forward Annual Dividend Yield- 10.75%)

  • Company name-Devon Energy Corporation 
  • Ticker symbol- DVN
  • Price – $57.69
  • Sector-Energy
  • Industry-Oil and Gas E&P

Devon Energy Corporation is a company that engages in the business of oil, natural gas, and natural gas liquids in the United States. 

It runs an estimated 5,134 gross wells. 

Devon Energy Corporation started in 1971 and is based in Oklahoma City, Oklahoma.

Highest Dividend Stocks in the US Stock Market

This was the list of the top 10 highest dividend stocks in the US Stock Market. This was made to give you some inspiration for companies in this grouping that you can now do your due diligence on. Just looking for a high yield is not enough for it to be a candidate for your portfolio, but it can be a great starting point that you can start to narrow down your watchlist.

Infographics taken from Simply Wall St – Sign up to premium here.

If you were interested in high dividend stocks in the US stock market then you may be interested in The ‘Top 20 High Dividend Stocks In The UK Stock Market‘.

Top 20 High Dividend Stocks In The UK Stock Market

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