More than 75% of the stocks in the S&P 500 pay a dividend, and the dividend for many of them exceeds the yield on U.S. 10-year Treasury bonds (currently around 4.2%).
However, screening for the highest-paying dividend stocks in the S&P 500 reveals some even more impressive yields. In fact, all but one of the top 10 highest-paying dividend stocks in the S&P 500 yield above 6%.
Higher yields come with higher risks, though. Many of these stocks’ yields are so high because they’re struggling, and some may end up slashing their dividends.
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From highest yield (11.3%) to lowest yield (5.9%), here are the 10 highest-paying dividend stocks in the S&P 500 today:
The 10 Highest-Paying Dividend Stocks in the S&P 500
| Rank | Company (Ticker) | Dividend Yield |
| 1 | LyondellBasell (LYB) | 11.30% |
| 2 | Conagra (CAG) | 8.30% |
| 3 | Healthpeak Properties (DOC) | 7.30% |
| 4 | Altria (MO) | 7.20% |
| 5 | Verizon (VZ) | 7.00% |
| 6 | Pfizer (PFE) | 6.90% |
| 7 | Kraft Heinz (KHC) | 6.80% |
| 8 | VICI Properties (VICI) | 6.50% |
| 9 | United Parcel Service (UPS) | 6.10% |
| 10 | Campbell’s (CPB) | 5.90% |
Here’s a closer look at each one of the top 10 highest-paying dividend stocks.
1. LyondellBasell (LYB)
Dividend Yield: 11.3%
LyondellBasell is an international chemical company with U.S. operations headquartered in Houston, TX. The company is the third-largest independent chemical manufacturer in the U.S. and the largest licensor of polyethylene and polypropylene technologies, which are used in a variety of packaging, automotive and transportation, agricultural and sports and leisure applications and more.
As for the stock, the dividend is about all it offers for investors these days, as shares are down 36% in the last year and are trading at multi-year lows, having shown little upside aside from the period immediately after the firm’s operations emerged from bankruptcy in 2010.
2. Conagra Brands (CAG)
Dividend Yield: 8.3%
Conagra Brands, a Chicago-based company that was originally incorporated in 1919, is a well-known food purveyor that offers refrigerated, frozen and shelf-stable products under a portfolio of brands, including Birds Eye, Marie Callender’s, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie’s, BOOMCHICKAPOP, and more.
The company also offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments.
The company pays a $0.35 quarterly dividend and has been raising the dividend for the last six years, but with a 79% payout ratio, it’s fair to wonder whether they’re missing opportunities to grow.
Like many names on this list, the elevated yield is partially owing to poor share performance, as CAG is down 36% in the last year and 51% in the last five.
3. Healthpeak Properties (DOC)
Dividend Yield: 7.3%
Healthpeak Properties is a real estate investment trust (REIT) with an emphasis on the healthcare space, with investments in senior housing, medical facilities and life sciences properties.
The company has 703 properties totalling 49 million square feet and $25 billion in total assets.
Last year, the company bought back $94 million in shares as part of an ongoing buyback authorization. More recently, the company transitioned to a monthly dividend payment in April 2025.
Rising interest rates are tough for REITs, and DOC was no exception, as shares are down 33% in the last five years.
But given the nature of their business and the aging population, DOC definitely has some tailwinds behind it.
4. Altria (MO)
Dividend Yield: 7.2%
Altria is well known as one of the world’s biggest producers of tobacco and other smoking-related products. The company is equally well known as being one of the most persistent high-dividend payers among U.S.-based, blue-chip companies, with a current quarterly dividend of $1.06 per share (this was raised from $1.02 in mid-2025).
Indeed, Altria’s dividend payouts have just about doubled in the last 10 years. And while some investors are concerned that Altria’s cigarette and tobacco business likely faces headwinds from consumers’ shifting preferences, its investments in increasingly popular vaping and cannabis products should ensure the company’s revenue growth going forward.
5. Verizon (VZ)
Dividend Yield: 7.0%
Verizon provides wired and wireless connectivity to consumers and businesses through their 4GLTE and 5G wireless networks and their wired telecom and Fios fiber optic network. The company is a dividend stalwart and regularly appears on the list of highest-paying dividend stocks. The company also offers investors exposure to the growth of the Internet of Things (IOT) and is generally an attractive long-term holding.
6. Pfizer (PFE)
Dividend Yield: 6.9%
Originally established in New York over 170 years ago, Pfizer is an American-headquartered multinational pharmaceutical and biotech company. The company has been a (mostly) reliable dividend payer for years, albeit inconsistently, with the last major dividend cuts coming on the heels of the Great Financial Crisis.
But since then, they’ve steadily (if slowly) been raising their dividend, with the last hike in Q1 of 2025 raising their quarterly dividend from $0.42 to $0.43. As for the stock, it’s fallen 32% in the last five years and is trading at levels last seen in 2013, and that’s despite a recent bump in shares on the heels of the TrumpRx prescription website announcement that was accompanied by a new pricing deal with the company.
7. Kraft Heinz (KHC)
Dividend Yield: 6.8%
Kraft Heinz likely needs no introduction, although its corporate history may need some elaboration.
The company is one of the largest food and beverage companies in the world, with a portfolio of brands that includes Kraft, Heinz, Boca Burger, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese and more.
The company (as it exists now) is the product of the remainder of the original Kraft (following the split-off of Mondelez International in 2012) and a subsequent merger (in 2015) with H.J. Heinz.
The company currently pays a $0.40 quarterly dividend (which has remained stable since it was lowered in 2019), and shares have struggled mightily since the split-up and merger.
Shares are down 19% in the last year, 27% in the last five, and 49% since Mondelez was split off in 2012.
Although it may not be an unmitigated disaster, the Kraft/Heinz merger has been enough of a failure (as you can see from the dividend cut and share price performance) that Kraft Heinz announced plans to de-merge last fall, which will likely take effect in the second half of this year.
8. VICI Properties (VICI)
Dividend Yield: 6.5%
Vici Properties is an REIT specializing in casino and entertainment properties, based in New York City.
Originally formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization, VICI owns Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, as well as 93 “experiential assets.” In the aggregate, the company has approximately 127 million square feet of property comprising 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks.
The company currently pays a $0.45 quarterly dividend (raised from $0.4325 in September), and has been persistently growing its payout since its formation (from $0.9975 in fiscal year 2018 to $1.765 in fiscal year 2025).
As for the stock, shares have been mostly flat for the last year, falling 4%. But they’ve risen 10% over the last five and more than 53% since the spin-off in 2017.
9. United Parcel Service (UPS)
Dividend Yield: 6.1%
UPS is probably the best-known name on this list as it’s a Fortune 500 company and the world’s largest package delivery company.
Every business day, the company delivers packages from 1.6 million shipping customers to 10.1 million delivery customers in over 200 countries and territories. In 2024, UPS delivered an average of 22.4 million packages per day, totaling 5.7 billion packages during the year.
The company has been steadily increasing its dividends for the last 25 years (although the pace of hikes has slowed down a touch of late) and is currently paying $1.64 every quarter (up from $1.63 last year).
As for the stock, it’s been largely churning lower since its 2021 peak, although it has risen 29% in the last three months alone. That said, dividends aside, shares have returned only 11% in the last decade.
10. Campbell’s (CPB)
Dividend Yield: 5.9%
Our third prepared foods company, Campbell’s, has been a pantry staple for 155 years. Headquartered in Camden, N.J. since 1869, the company is a North American-focused brand powerhouse, generating fiscal 2025 net sales of $10.3 billion across two divisions: Meals & Beverages and Snacks. Their portfolio of 16 brands includes Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory, Snyder’s of Hanover, Swanson and V8.
The company has been slowly but steadily raising its dividend since 2003 (most recently lifting the quarterly payout from $0.37 to $0.39 in the first quarter of 2025), with a history of dividend payouts stretching back more than five decades.
But despite that long track record, shares have offered investors little upside, having fallen 31% in the last year and 43% in the last five, while trading at prices last seen at the turn of the century.
Like the company’s eponymous canned goods, Campbell’s stock offers limited appeal, but stashing some in your pantry (or your portfolio) might offer a little peace of mind.
There you have it: those are the 10 highest-paying dividend stocks in the S&P 500 today. If you want the best dividend stocks right now, regardless of yield, I highly recommend subscribing to our Cabot Dividend Investor advisory, where chief analyst Tom Hutchinson has a portfolio full of dividend-paying stocks that offer generous yields and strong share price growth.
To learn more, click here.
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*This post is periodically updated to reflect market conditions.
