15 High Dividend Dow Stocks That Yield 50% More Than 10 Year Treasuries

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Includes: CVX, DD, GE, INTC, JNJ, JPM, MCD, MDLZ, MRK, MSFT, PFE, PG, T, TRV, VZ
by: Insider Monkey

Defensive investors tend to invest in high dividend yielding stocks and consider them as viable options especially in inflationary environments. In addition, some investors strictly invest in mega-cap blue chip stocks. Most hedge funds have at least one or more Dow stocks in their portfolios as well. We expect high dividend Dow stocks will have a better return than 10-year Treasuries.

Below, we compiled a list of Dow stocks with a dividend yield 50% higher than 10-year Treasuries yield. In other words, the stocks have a dividend yield of at least 3%.

Company

Ticker

Dividend Yield

YTD Return

AT&T

T

6.02%

-1.67%

Verizon

VZ

5.43%

4.36%

Merck & Co Inc

MRK

4.76%

-9.96%

Pfizer Inc

PFE

4.56%

2.28%

Du Pont

DD

4.01%

-16.30%

General Electric

GE

3.88%

-13.45%

Intel Corp

INTC

3.77%

7.09%

Johnson & Johnson

JNJ

3.60%

3.33%

Chevron Corp

CVX

3.40%

3.00%

Travelers Companies

TRV

3.40%

-11.00%

Kraft Foods Inc

KFT

3.39%

9.93%

Procter & Gamble

PG

3.35%

-1.15%

JPMorgan Chase

JPM

3.28%

-25.01%

McDonalds Corp

MCD

3.18%

16.55%

Microsoft Corp

MSFT

3.13%

-6.81%

Click to enlarge

Here are the top 10 stocks on the list with the highest dividend yield.

AT&T (NYSE:T): AT&T is a provider of telecommunications services in the United States and worldwide. T has a dividend yield of 6.02% and returned -1.67% since the beginning of this year. It has a market cap of $170.61B and a P/E ratio of 8.71. Phill Gross and Robert Atchinson had $318 million invested in T shares. Jim Simons also had nearly $100 million of T stocks (see Jim Simons’ top stock picks).

Verizon (NYSE:VZ): Verizon is a provider of communications services. VZ has a dividend yield of 5.43% and returned 4.36% since the beginning of this year. It has a market cap of $105.21B and a P/E ratio of 16.59. Phill Gross and Robert Atchinson, and Jim Simons had over $100 million invested in VZ.

Merck & Co. Inc. (NYSE:MRK): Merck is a global health care company. MRK has a dividend yield of 4.76% and returned -9.96% since the beginning of this year. It has a market cap of $100.13B and a P/E ratio of 23.54. Ric Dillon had $173 million invested in MRK.

Pfizer Inc. (NYSE:PFE): Pfizer is a research-based, global biopharmaceutical company. PFE has a dividend yield of 4.56% and returned 2.28% since the beginning of this year. It has a market cap of $140.52B and a P/E ratio of 16.86. David Einhorn and Ken Fisher both had over $400 million invested in PFE stocks (check out Ken Fisher’s top stock picks).

E I Du Pont De Nemours And Co. (NYSE:DD): DuPont offers a range of products and services for markets, including agriculture and food, building and construction, electronics and communications, general industrial and transportation. DD has a dividend yield of 4.01% and returned -16.30 % since the beginning of this year. It has a market cap of $38.92B and a P/E ratio of 11.58. Phill Gross and Robert Atchinson had $37 million of DD shares.

General Electric Company (NYSE:GE): GE is a diversified technology and financial services corporation. GE has a dividend yield of 3.88% and returned -13.45% since the beginning of this year. It has a market cap of $168.12B and a P/E ratio of 12.33. Ken Fisher had nearly $600 million invested in GE. Bill Miller, Warren Buffett and D. E. Shaw all invested more than $100 million in GE (see Warren Buffett’s top stock picks).

Intel Corp. (NASDAQ:INTC): Intel Corporation is a semiconductor chip maker company. INTC has a dividend yield of 3.77% and returned 7.09% since the beginning of this year. It has a market cap of $118.44B and a P/E ratio of 10.33. Ken Fisher and Jean-Marie Eveillard both invested about $400 million in INTC.

Johnson & Johnson (NYSE:JNJ): Johnson & Johnson is engaged in the research and development, manufacture and sale of a range of products in the health care field. JNJ has a dividend yield of 3.60% and returned 3.33% since the beginning of this year. It has a market cap of $175.79B and a P/E ratio of 15.36. Warren Buffett had $2.8 billion of JNJ stocks. Ken Fisher, Ric Dillon and Bill Miller were also main investors in JNJ (check out Bill Miller’s favorite stocks).

Chevron Corp. (NYSE:CVX): Chevron is engaged in petroleum operations, chemicals operations, mining operations, power generation and energy services. CVX has a dividend yield of 3.40% and returned -11% since the beginning of this year. It has a market cap of $188.36B and a P/E ratio of 8.21. Phill Gross and Robert Atchinson invested over $300 million in CVX. Bill Miller and Cliff Asness also had over $100 million of CVX stocks.

Travelers Companies Inc. (NYSE:TRV): TRV provides a range of commercial, and personal property and casualty insurance products and services. TRV has a dividend yield of 3.39% and returned -9.93% since the beginning of this year. It has a market cap of $20.90B and a P/E ratio of 9.77. Mason Hawkins had $874 million of TRV. David Einhorn and Ric Dillon also both had around $200 million of TRV shares (see David Einhorn’s top stock picks).

Disclosure: I am long T, MSFT.