Dividend Yield = (Annual Dividend Payout / (100* Share Price)) The dividend yield of a company can be found on the company’s website or by using a search engine.

The dividend yield is the percentage of a company’s stock price that is returned as dividends. The dividend per sharePrice per share is the amount of dividends paid per share. This calculation is done by dividing the dividend by the stock price. ..

  1. Apple Inc. (AAPL)

  2. Microsoft Corporation (MSFT)

  3. Coca-Cola Company (KO)

  4. Wells Fargo & Company (WFC)

  5. Procter & Gamble Company (PG)

  6. Berkshire Hathaway Incorporated (BRK-A, BRK-B)

  7. JPMorgan Chase & Co., Inc.(JPM)

  8. Bank of America Corporation(BAC)

  9. Oracle Corporation(ORCL)

  10. Exxon Mobil Corporation(XOM). ..

  11. Mesabi Trust - 16.922%

  12. Newtek Business Services Corporation - 15.853%

  13. Camping World Holdings Inc. - 10.424%

  14. Southern Copper Corporation - 10.045%

  15. Altria Group Incorporated - 8.626%

  16. Artisan Partners Asset Management Incorporated - 8.557%

  17. Pioneer Natural Resources Company - 7.568%

  18. Franchise Group Incorporated - 7.139%

  19. ONEOK Incorporated - 6.74% 10 Devon Energy Corporation - 6.53%. ..

The companies in the first group operate in the health care industry. They are:

  1. UnitedHealth Group
  2. Aetna
  3. Humana
  4. Cigna
  5. Caremark

The company Mesabi Trust is a royalty trust, operating in the iron ore mining segment. The income for the company is driven by the iron mine near Babbitt, Minnesota. Newtek Business Services Corporation is this Company’s parent company. Camping World Holdings Incorporated is its subsidiary. Southern Copper Corporation is its parent company’s subsidiary. Altria Group Incorporated is its parent company’s subsidiary. Artisan Partners Asset Management Incorporated is its parent company’s subsidiary. Pioneer Natural Resources Company is Devon Energy Corporation’s parent company’s subsidiary. Franchise Group Incorporated provides a suitable platform for the big franchises worldwide to operate and manage their business all over the world and also provides strategic advice to franchise owners so they can step up their business at a global level. ONEOK Incorporated provides natural gas liquid systems all over the country in the United States and aims at connecting every demand and supply point of the natural gas systems. Devon Energy Corporation operates in the oil and gas industry and deals in the exploration and production of natural gas and oil all over the geographical area of the United States.

Can dividend yield be a parameter to invest in a company?

The answer to this question lies in the fact that it completely depends on the mindset, behavior, and individual tastes and preferences of the investors. However, it must be noted that only the ‘Dividend Yield’ shall not be considered an effective parameter to analyze and further invest in a given company’s stock. The investor shall perform a thorough analysis of the company and its products.

Do dividends act as a passive income for investors?

Yes, dividends can provide passive income for investors. An investor invests in a company’s shares to generate returns, in the form of dividends and capital gain (increase in the market price of the share). When your investment is large at a given company, and if that company generates good revenue as per their estimates and declares a handsome amount as a dividend, you might just be able to secure yourself a good amount which you may further invest in some other securities and get rewarded. ..

Conclusion

  1. Check the company’s website to see if they have a dividend history.
  2. Look at the company’s financial statements to see if they have declared any dividends in the past.
  3. Check with the company’s management to see if they are planning on declaring any dividends in the near future.

An investor must not only invest in a company’s shares by looking over the dividend yield, but they must also evaluate the company’s business profile properly before investing.