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As the second month of trading in 2024 comes to an end, all three major market averages are flirting with record highs. Many sectors have seen gains during the rally so far this year, with even some typically staid dividend plays experiencing a firm upswing.
With that in mind, here is a top ten list of names that fulfill following criteria:
- Stocks yielding at least 3%
- Names that are considered large-cap stocks
- Ranked by YTD stock performance
Top 10 Large-Cap Dividend Stocks YTD
No. 10: Stellantis N.V. (NYSE:STLA) +13.2% YTD.
No. 9: Corebridge Financial (CRBG) +13.3% YTD.
No. 8: Credicorp Ltd (BAP) +13.6% YTD.
No. 7: GSK plc (GSK) +14.1% YTD.
No. 6: Honda Motor ADR (NYSE:HMC) +14.5% YTD.
No. 5: Sumitomo Mitsui Financial Group (SMFG) +14.6% YTD.
No. 4: Paccar Ltd (PCAR) +14.6% YTD.
No. 3: Diamondback Energy (NASDAQ:FANG) +14.7% YTD.
No. 2: Western Midstream Partners (WES) +18.3% YTD.
No. 1: Viatris Inc (NASDAQ:VTRS) +19.5% YTD.
Dividend yields: STLA 6.39%, CRBG 4.12%, BAP 5.39%, GSK 3.61%, PCAR 3.11%, SMFG 3.30%, HMC 3.38%, FANG 4.43%, WES 8.54%, and VTRS 3.72%.
For investors looking for a more diversified approach to dividend investing, here are the six largest dividend-focused exchange traded funds on the market:
- 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)
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