While the dividend universe is quite large, only 14 names inside the S&P 500 have seen their stock rise at least 10% so far in 2024, while also offering a dividend yield of at least 3%. The list includes big industry players like Citigroup (C) and ExxonMobil (XOM) among other prominent stocks across sectors like energy, financials, staples, and more.
Highlighted below are the 14 stocks that have found their way into this select group. List is ranked by 2024 returns.
No. 14: Coterra Energy (CTRA) +10.2% YTD.
No. 13: Bank of New York Mellon (BK) +10.3% YTD.
No. 12: Williams Cos (WMB) +11.3% YTD.
No. 11: IBM (IBM) +11.4% YTD.
No. 10: EOG Resources (EOG) +11.5% YTD.
No. 9: Kimberly-Clark (KMB) +11.9% YTD.
No. 8: Tyson Foods (TSN) +13.4% YTD.
No. 7: Hasbro (HAS) +13.8% YTD.
No. 6: Oneok (OKE) +14.4% YTD.
No. 5: Paccar (PCAR) +16.1% YTD.
No. 4: ExxonMobil (XOM) +21.1% YTD.
No. 3: Citigroup (C) +21.8% YTD.
No. 2: Pioneer Natrual Resources (PXD) +23.1% YTD.
No. 1: Diamondback Energy (FANG) +33.3% YTD.
Dividend Yields: CTRA 3.02%, BK 3.05%, WMB 4.91%, IBM 3.76%, EOG 3.58%, KMB 3.60%, TSN 3.19%, HAS 4.87%, OKE 4.97%, PCAR 3.28%, XOM 3.17%, C 3.44%, PXD 3.10%, and FANG 4.34%.
For investors looking to monitor the dividend space, here are some popular dividend-based exchange traded funds:
Vanguard Dividend Appreciation ETF (VIG) Vanguard High Dividend Yield Index ETF (VYM) Schwab US Dividend Equity ETF (SCHD) iShares Core Dividend Growth ETF (DGRO) SPDR S&P Dividend ETF (SDY) iShares Select Dividend ETF (DVY)