3 Dividend Stocks That Pay Out Over $12 Billion a Year
Twelve billion dollars is a lot of money. Right now, there are 120 companies in the S&P 500 index that have market caps of less than that amount. But there are a handful of companies that will pay out over $12 billion this year in dividends to shareholders.
Three of those huge dividend payers are Apple (NASDAQ: AAPL), AT&T (NYSE: T), and ExxonMobil (NYSE: XOM). How can these companies afford to be so generous to shareholders? And which of these dividend stocks is the best pick for investors? Let's take a look at these members of the $12 billion dividend club.
Image source: Getty Images.
Source: Fool.com
Apple Inc. Stock
€172.96
-0.140%
Currently there is a rather positive sentiment for Apple Inc. with 80 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 15.06% for Apple Inc. compared to the current price of 172.96 €.
