MET - 4 Fortune 500 Industry Leaders Boast Ideal March Dividends

2024-03-25 16:14:12 ET

Summary

• The Summer 2023 edition of Fortune Magazine revealed 500 biggest U.S. companies by-revenue. Dogcatcher’s quest to sniff out the best dividend buys focused on 68 industry leaders, or IL, using YCharts 3/22/24 data.
• Those 68 industry leaders were segmented into 21 business sectors, ranging (alphabetically) from apparel to wholesalers. 3 of the 68 were private or foreign-exchange-listed firms not tracked by YCharts, leaving 65 listed.
• 58 dividend yielding stocks led those 68 industry leaders and ranged 0.14% to 8.10% in annual yield and ranged -11.57% to 22.59% in broker-estimated one-year target-price upsides.
• Top ten F500-IL boasted net gains from 11.35% to 24.71% per March YCharts data.
• $5k invested in the lowest-priced five of ten top-yield F500-IL showed 30.49% more net gain than from $5k invested in all-ten. Little (lower-priced) stocks sustained their lead of this F500-IL pack by over three lengths into March.

Foreword

This article is based on Fortune magazine’s 2023 survey of 500 Largest U.S. Corporations (F500-IL)

“Size matters: the 50 largest companies on this year’s list accounted for 49% of total Fortune 500 revenue and 45% of earnings.” This article covers those 50 and 18 more as industry leaders....

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