The 4 S&P 500 stocks with the highest dividend yield

While it is not appropriate to select stocks based solely on their dividend yield, we will do so for the purposes of this article. We will present the 4 stocks in the S&P 500 Index with the highest dividend yields, which range from 6.93% to a possible 10%.

Verizon Communications $VZ

Telecom giant Verizon Communications ranks as the fourth-best dividend payer in the S&P 500 Index with its yield of 6.93%. Although Verizon stock has struggled, the dividend outlook continues to improve. The annual dividend is $2.61 per share, and the recent decline in its stock price has boosted its dividend yield. In addition, it recently surpassed its 16th consecutive annual dividend increase.

Verizon also continues to build a reputation for network quality and improvement. For the 28th year in a row, it has received the most JD Power awards for network quality. In addition, it looks like it may benefit from the emerging network-as-a-service (NaaS)…