3 Dividend Stocks That Pay Out Over $12 Billion a Year

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.

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Source: Fool.com