3 Fortune 500 Industry Leaders Boast Ideal August Dividends

Summary

• The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher’s quest to sniff-out the best dividend-buys focused on 66 industry-leaders (IL) using YCharts 8.28.24-data.
• Those 66 industry-leaders were segmented-into 21 business-sectors, ranging (alphabetically) from apparel to wholesalers. 3 of-the 66 were private or foreign exchange listed-firms, not tracked by YCharts, leaving 63-listed.
• 57 dividend-yielding stocks led those 63 industry-leaders and ranged 0.04% to 7.87% in annual-yield and ranged -10.41% to 51.96% in broker-estimated one-year target-price-upsides.
• Top ten F500-IL for 2024 boasted net-gains from 15.64% to 30.75% per August YCharts-data.
• $5k invested in the lowest-priced five of ten top-yield F500-IL showed 15.32% more net-gain than from $5k invested in all-ten. Little (lower-priced) stocks sustained their lead of this F500-IL pack by over one and one-half lengths into late August and September.
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smrm1977

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CSCO, T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.