More than 75% of the stocks in the S&P 500 pay a dividend, and the dividend for many of them exceeds the yield on U.S. 10-year Treasury bonds (currently around 4.2%).
However, screening for the highest-paying dividend stocks in the S&P 500 reveals some even more impressive yields. In fact, all of the top 10 highest-paying dividend stocks in the S&P 500 yield above 6%.
Higher yields come with higher risks, though. Many of these stocks’ yields are so high because they’re struggling, and some may end up slashing their dividends.
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From highest yield (9.9%) to lowest yield (6.3%), here are the 10 highest-paying dividend stocks in the S&P 500 today:
The 10 Highest-Paying Dividend Stocks in the S&P 500
| Rank | Company (Ticker) | Dividend Yield |
1 | Conagra (CAG) | 9.9% |
2 | Campbell’s (CPB) | 7.7% |
3 | Kraft Heinz (KHC) | 7.2% |
4 | Healthpeak Properties (DOC) | 7.2% |
5 | General Mills (GIS) | 7.1% |
6 | Altria (MO) | 6.6% |
7 | Amcor (AMCR) | 6.4% |
8 | United Parcel Service (UPS) | 6.4% |
9 | Pfizer (PFE) | 6.4% |
10 | VICI Properties (VICI) | 6.3% |
Here’s a closer look at each one of the top 10 highest-paying dividend stocks.
1. Conagra Brands (CAG)
Dividend Yield: 9.9%
Conagra Brands, a Chicago-based company that was originally incorporated in 1919, is a well-known food purveyor that offers refrigerated, frozen and shelf-stable products under a portfolio of brands, including Birds Eye, Marie Callender’s, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie’s, BOOMCHICKAPOP, and more.
The company also offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments.
The company pays a $0.35 quarterly dividend and has been raising the dividend for the last six years, but with a 79% payout ratio, it’s fair to wonder whether they’re missing opportunities to grow.
Like many names on this list, the elevated yield is partially owing to poor share performance, as CAG is down 45% in the last year and 62% in the last five.
2. Campbell’s (CPB)
Dividend Yield: 7.7%
Our next name is another prepared foods company, Campbell’s, which has been a pantry staple for 155 years. Headquartered in Camden, N.J., since 1869, the company is a North American-focused brand powerhouse, generating fiscal 2025 net sales of $10.3 billion across two divisions: Meals & Beverages and Snacks. Their portfolio of 16 brands includes Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory, Snyder’s of Hanover, Swanson and V8.
The company has been slowly but steadily raising its dividend since 2003 (most recently lifting the quarterly payout from $0.37 to $0.39 in the first quarter of 2025), with a history of dividend payouts stretching back more than five decades.
But despite that long track record, shares have offered investors little upside, having fallen 46% in the last year and 59% in the last five, while trading at prices last seen at the turn of the century.
Like the company’s eponymous canned goods, Campbell’s stock offers limited appeal, but stashing some in your pantry (or your portfolio) might offer a little peace of mind.
3. Kraft Heinz (KHC)
Dividend Yield: 7.2%
Kraft Heinz likely needs no introduction, although its corporate history may need some elaboration.
The company is one of the largest food and beverage companies in the world, with a portfolio of brands that includes Kraft, Heinz, Boca Burger, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese and more.
The company (as it exists now) is the product of the remainder of the original Kraft (following the split-off of Mondelez International in 2012) and a subsequent merger (in 2015) with H.J. Heinz.
The company currently pays a $0.40 quarterly dividend (which has remained stable since it was lowered in 2019), and shares have struggled mightily since the split-up and merger.
Shares are down 25% in the last year, 46% in the last five, and 52% since Mondelez was split off in 2012.
Although it may not be an unmitigated disaster, the Kraft/Heinz merger has been enough of a failure (as you can see from the dividend cut and share price performance) that Kraft Heinz announced plans to de-merge last fall, which will likely take effect in the second half of this year.
4. Healthpeak Properties (DOC)
Dividend Yield: 7.2%
Healthpeak Properties is a real estate investment trust (REIT) with an emphasis on the healthcare space, with investments in senior housing, medical facilities and life sciences properties.
The company has 689 properties totalling 50 million square feet and $25 billion in total assets.
Rising interest rates are tough for REITs, and DOC was no exception, as shares are down 9% in the last year and 49% in the last five.
But given the nature of their business and the aging population, DOC definitely has some structural tailwinds behind it, even if the share price isn’t bearing it out.
5. General Mills (GIS)
Dividend Yield: 7.1%
General Mills is a major U.S. packaged food company (the third on our list) based in Minneapolis, known for brands like Cheerios, Pillsbury, Betty Crocker, Häagen-Dazs, and Blue Buffalo. Founded in 1928, it operates in the consumer staples sector, producing everyday food products across categories such as cereals, snacks, frozen meals, baking goods, and pet food. Its business is relatively stable because demand for food tends to remain consistent regardless of economic conditions.
The company has been working to expand in higher-growth areas like pet food while managing slower segments, but it still faces challenges from rising costs, competition, and shifting consumer preferences.
The company (and its predecessor) has been paying dividends uninterrupted for 127 years and currently pays out $0.61 per share, which was most recently raised from $0.60 in 2025.
As for the stock, it’s been struggling with the other staples on this list, having fallen 40% in the last year and 44% in the last five.
6. Altria (MO)
Dividend Yield: 6.6%
Altria is well known as one of the world’s biggest producers of tobacco and other smoking-related products. The company is equally well known as being one of the most persistent high-dividend payers among U.S.-based, blue-chip companies, with a current quarterly dividend of $1.06 per share (this was raised from $1.02 in mid-2025).
Indeed, Altria’s dividend payouts have just about doubled in the last 10 years. And while some investors are concerned that Altria’s cigarette and tobacco business likely faces headwinds from consumers’ shifting preferences, its investments in increasingly popular vaping and cannabis products should ensure the company’s revenue growth going forward.
7. Amcor (AMCR)
Dividend Yield: 6.4%
Amcor is a global packaging company headquartered in Switzerland, originally founded in Australia, that develops and produces packaging for products used every day. Its offerings include flexible packaging, rigid plastic containers, cartons, and closures for industries like food, beverages, pharmaceuticals, healthcare, and personal care. Operating in dozens of countries with tens of thousands of employees, Amcor supplies packaging to many major consumer brands and focuses heavily on sustainability and recyclable materials.
The company generates consistent demand because packaging is essential across industries, which gives it a defensive edge similar to consumer staples, but its growth tends to be moderate and tied to global demand, raw material costs, and sustainability trends
The quarterly dividend was raised to $0.65 at the end of last year (from $0.6375) and has been trending higher for years.
Like many of the names on this list, shares have been in the doghouse of late, having fallen more than 13% in the last year and 32% in the last five.
8. United Parcel Service (UPS)
Dividend Yield: 6.4%
UPS is probably the best-known name on this list as it’s a Fortune 500 company and the world’s largest package delivery company.
Every business day, the company delivers packages from 1.6 million shipping customers to 10.1 million delivery customers in over 200 countries and territories. In 2025, UPS delivered an average of 20.8 million packages per day.
The company has been steadily increasing its dividends for the last 25 years (although the pace of hikes has slowed down a touch of late) and is currently paying $1.64 every quarter (up from $1.63 at the end of 2024).
As for the stock, it’s been largely churning lower since its 2021 peak, although it has risen 23% in the last six months alone. That said, dividends aside, shares have slipped 1% in the last decade.
9. Pfizer (PFE)
Dividend Yield: 6.4%
Originally established in New York over 170 years ago, Pfizer is an American-headquartered multinational pharmaceutical and biotech company. The company has been a (mostly) reliable dividend payer for years, albeit inconsistently, with the last major dividend cuts coming on the heels of the Great Financial Crisis.
But since then, they’ve steadily (if slowly) been raising their dividend, with the last hike in Q1 of 2025 raising their quarterly dividend from $0.42 to $0.43. As for the stock, it’s fallen 29% in the last five years despite rising 21% in the last year, partially on the heels of a pricing agreement with the Trump administration.
10. VICI Properties (VICI)
Dividend Yield: 6.3%
Vici Properties is an REIT specializing in casino and entertainment properties, based in New York City.
Originally formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization, VICI owns Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, as well as 93 “experiential assets.” In the aggregate, the company has approximately 127 million square feet of property comprising 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks.
The company currently pays a $0.45 quarterly dividend (raised from $0.4325 in September), and has been persistently growing its payout since its formation (from $0.9975 in fiscal year 2018 to $1.765 in fiscal year 2025).
As for the stock, shares have fallen 12% in the last year and 6% over the last five. But they’ve risen by more than 56% since the spin-off in 2017.
There you have it: those are the 10 highest-paying dividend stocks in the S&P 500 today. If you want the best dividend stocks right now, regardless of yield, I highly recommend subscribing to our Cabot Dividend Investor advisory, where chief analyst Tom Hutchinson has a portfolio full of dividend-paying stocks that offer generous yields and strong share price growth.
To learn more, click here.
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*This post is periodically updated to reflect market conditions.
