Large-cap dividend yield
Query: US large-cap stocks with dividend yield above 2.5% and payout ratio below 60%, sorted by yield · data as of 2026-10-06
Built a 30-name large-cap dividend screen (market cap >= $10B, yield > 2.5%, payout ratio < 60%), ranked by dividend yield. Table includes company, sector/industry, market cap, dividend yield, payout ratio, dividend growth (1Y and 5Y CAGR), P/E, forward P/E, FCF yield, revenue growth, 1M/6M/1Y returns, % from 52-week high, % above 150D SMA, RSI, earnings timing, and technical patterns, plus qualitative comments and a sustainability narrative. Top yields skew to global/LatAm banks, US telecoms, and de-rated quality staples and pharma.
High-yield large caps (>= $10B) with dividend yields above 2.5% and payout ratios below 60%, ranked by yield. The list leans heavily on European and Latin American banks and telecoms, alongside US regulated utilities and consumer staples — sectors where yields are elevated and earnings cover the payout with room to spare. Use the FCF yield, dividend growth, and payout columns together to judge durability: several of the highest yields are single-country ADRs, so dividend timing and currency can distort the year-over-year growth figures.
High-Yield Large Caps with Sustainable Payouts
| Symbol | Company | Sector | Industry | Mkt Cap ($B) | Div Yield | Payout Ratio | Div Growth 1Y | Div CAGR 5Y | P/E (TTM) | Fwd P/E | FCF Yield | Rev Growth YoY | 1M Return | 6M Return | 1Y Return | % from 52W High | % above 150D SMA | RSI (14) | Days since Earnings | Days to Earnings | Technical Pattern | Comments |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 20.9 | 6.38% | 35.70% | 6.10% | 4.30% | 5.6 | 8.34 | — | 9.76% | -4.44% | -24.40% | 3.53% | -32.51% | -21.11% | 38.9499 | 67 | 24 | Downtrend | Highest yielder on the list, but the income case is wrapped in wildfire liability risk — the Southern California utility has been the market's lightning rod for catastrophe exposure and its payout is being scrutinized against a rate-base growth story. Cheap on earnings yet the stock sits in a downtrend, so the yield here is compensation for regulatory and litigation overhang rather than a safe coupon. |
| NWG | NatWest Group plc | Financials | Banks - Regional | 74 | 5.34% | 46.70% | 46.20% | 5.20% | 8.75 | 8.16 | — | 3.14% | -6.71% | 15.56% | 32.45% | -9.01% | 5.93% | 41.4942 | 64 | 24 | Uptrend | UK bank riding a buyback-and-return cycle; earnings cover the dividend with wide headroom and the capital return is being reinforced by buybacks rather than a stretched payout. Levered to UK rate policy — if the Bank of England eases faster than expected, the net interest margin tailwind fades. |
| BCE | BCE, Inc. | Communication Services | Telecom Services | 22.1 | 4.79% | 26.00% | -38.20% | -14.80% | 4.06 | 10.29 | — | 4.60% | -15.43% | -14.91% | -10.92% | -25.33% | -14.00% | 18.7507 | 61 | 30 | Downtrend | Canadian telecom under the cosh — the dividend was effectively cut, and the yield reflects a re-rating of a highly levered balance sheet amid competitive fiber/wireless price pressure. The payout cut removes the growth story; the question now is whether the reduced distribution is covered by free cash flow as capex peaks. |
| BSAC | Banco Santander - Chile | Financials | Banks - Regional | 15.4 | 4.73% | 58.20% | 14.40% | 4.50% | 12.3 | 10.55 | — | — | -9.98% | 1.77% | 27.34% | -14.28% | -1.90% | 35.1426 | 69 | 24 | — | — |
| AES | The AES Corporation | Utilities | Utilities - Diversified | 10.7 | 4.71% | 26.40% | 0.40% | 2.40% | 5.59 | 6.28 | — | -0.37% | 0.95% | 6.74% | 9.68% | -13.60% | 3.53% | 68.5402 | 62 | 29 | Uptrend | Utility reshaping toward renewables and data-center power contracts, which is the bull case — but the screen shows negative free cash flow as it funds that buildout. Uptrend intact and forward P/E below trailing, so the market is looking through the investment cycle toward contracted growth. |
| CMCSA | Comcast Corporation | Communication Services | Telecom Services | 76.5 | 4.59% | 31.70% | -18.70% | -0.10% | 6.91 | 5.95 | 28.60% | -0.02% | -18.61% | -21.36% | -22.76% | -33.62% | -15.22% | 27.0082 | 75 | 16 | Downtrend | Broadband and content cash machine; the yield got high because the stock has been de-rated on subscriber losses and streaming losses. FCF comfortably covers the dividend, so the debate is capital allocation — buybacks plus dividend versus the broadband investment treadmill. |
| T | AT&T Inc. | Communication Services | Telecom Services | 167.4 | 4.55% | 36.70% | 0.00% | -9.90% | 8.06 | 9.53 | 11.82% | 2.71% | -4.87% | -10.78% | -5.46% | -16.05% | -1.19% | 41.0265 | 76 | 15 | — | The anchor US telecom name — dividend is well covered by FCF and management has leaned into a return-to-growth telco narrative. Watch the fiber and 5G capex trajectory; a slower build raises FCF and makes the payout look even safer. |
| TFC | Truist Financial Corporation | Financials | Banks - Regional | 56.5 | 4.50% | 47.80% | 0.00% | 1.20% | 10.63 | 9.27 | 9.14% | — | -10.45% | -1.31% | 5.96% | -17.13% | -5.20% | 30.7606 | 81 | 10 | — | — |
| MKC | McCormick & Company, Incorporat | Consumer Staples | Packaged Foods | 12.2 | 4.16% | 31.40% | 6.80% | 5.40% | 7.55 | 13.77 | 5.71% | 1.73% | -12.83% | -9.41% | -31.99% | -36.64% | -10.87% | 30.8282 | 5 | 107 | Downtrend | Consumer staples spice/flavorings name sold off hard, pushing the yield toward 4% — unusual for a Dividend Aristocrat-style compounder. The risk is private-label trade-down and margin pressure from input costs; the reward is a wide-moat brand portfolio and consistent dividend growth. |
| BBVA | Banco Bilbao Vizcaya Argentaria | Financials | Banks - Diversified | 135.9 | 3.97% | 49.20% | 37.70% | 24.90% | 12.4 | 10.94 | — | — | -8.00% | 26.00% | 48.11% | -8.40% | 9.91% | 39.3212 | 68 | 23 | Uptrend | Spanish bank with heavy Latin America exposure (Mexico, Turkey) that has been a standout on earnings. Payout is mid-range and supported by buybacks; the swing factor is EM rates and currency — a strong euro is a translation headwind. |
| LYG | Lloyds Banking Group Plc | Financials | Banks - Regional | 87.3 | 3.92% | 50.70% | 28.20% | 14.90% | 12.93 | 8.73 | — | 7.88% | -8.55% | 11.03% | 25.78% | -11.46% | 0.18% | 40.2875 | 68 | 23 | — | — |
| EC | Ecopetrol S.A. | Energy | Oil & Gas Integrated | 34.1 | 3.90% | 42.60% | -33.40% | -22.40% | 10.94 | 11.08 | — | -6.89% | -1.68% | 21.02% | 95.20% | -7.12% | 11.25% | 50.1243 | 62 | 37 | Uptrend | Colombia's state-controlled oil major — very high yield but two caveats: the dividend is reset annually against profits and is politically influenced, and it is a proxy for Colombian sovereign and oil-price risk. Dividend history is erratic, so treat trailing growth as a poor guide. |
| GSK | GSK plc | Health Care | Drug Manufacturers - General | 101.5 | 3.90% | 56.90% | 10.30% | -0.80% | 14.61 | 9.07 | — | 4.11% | -6.59% | -15.02% | 11.30% | -23.83% | -9.65% | 32.2955 | 70 | 22 | Downtrend | — |
| FMS | Fresenius Medical Care AG | Health Care | Medical Care Facilities | 12.7 | 3.89% | 45.40% | 7.00% | 4.20% | 11.68 | 6.16 | 9.86% | 1.51% | -1.06% | 2.52% | -12.81% | -18.21% | -0.79% | 45.915 | 64 | 28 | — | — |
| HSBC | HSBC Holdings, plc. | Financials | Banks - Diversified | 333.9 | 3.84% | 53.60% | 13.60% | 22.70% | 13.94 | 10.3 | — | — | -8.90% | 15.79% | 41.36% | -9.53% | 3.52% | 38.4484 | 63 | 21 | Uptrend | The most global of the large banks — Asia-centric, with a dividend plus buyback return model and capital that is comfortably above regulatory minimums. The dividend has been rebuilt steadily; the key variable is whether China/Asia credit conditions stay benign. |
| ING | ING Group, N.V. | Financials | Banks - Diversified | 89.9 | 3.83% | 50.10% | 38.40% | 8.90% | 13.07 | 10.94 | — | 21.77% | -6.13% | 35.96% | 39.77% | -6.36% | 12.90% | 42.2125 | 68 | 23 | Uptrend | — |
| FIS | Fidelity National Information S | Information Technology | Information Technology Services | 17.2 | 3.83% | 26.40% | 10.30% | -0.90% | 5.13 | 4.99 | 24.14% | 5.43% | -19.30% | -26.01% | -47.99% | -51.26% | -20.35% | 32.2169 | 63 | 29 | Downtrend | The highest-yielding US tech name here, for a reason — the payments/fintech processor has been punishingly de-rated, and the yield is a byproduct of the drawdown rather than a rising dividend. High FCF yield, so coverage is not the issue; the risk is the growth narrative and customer concentration. |
| KSPI | Joint Stock Company Kaspi.kz - | Information Technology | Software - Infrastructure | 17.7 | 3.82% | 48.90% | 233.00% | — | 7.98 | 0.01 | — | 59.79% | -11.46% | 33.78% | 24.36% | -14.34% | 9.23% | 39.8476 | 55 | 15 | Uptrend | Kazakhstan's fintech champion — a super-app/banking hybrid with strong growth, but the yield and dividend data are distorted by an unusual margin structure and a step-change payout. Political and country risk premium is a real consideration for foreign holders. |
| TROW | T. Rowe Price Group, Inc. | Financials | Asset Management | 22.1 | 3.74% | 51.90% | 2.40% | 2.00% | 10.4 | 10.07 | 6.67% | 3.12% | -4.46% | 18.97% | 5.59% | -14.86% | 0.60% | 39.172 | 67 | 24 | Uptrend | — |
| BAP | Credicorp Ltd. | Financials | Banks - Regional | 30.4 | 3.71% | 52.90% | 29.70% | 29.00% | 14.28 | 11.33 | — | 7.04% | 0.68% | 19.53% | 51.52% | -4.26% | 8.72% | 53.736 | 54 | 34 | Uptrend | Peru's largest bank — standout dividend growth track record driven by strong ROE and a rebound in Andean credit. Sensitive to copper prices and Peruvian politics; payout is conservative and rising, which is a positive signal on management confidence. |
| PRU | Prudential Financial, Inc. | Financials | Insurance - Life | 39.2 | 3.65% | 50.30% | 3.70% | 3.20% | 10.29 | 7.69 | — | -13.68% | -6.95% | 19.52% | 14.93% | -9.26% | 6.00% | 36.7827 | 62 | 23 | Uptrend | — |
| STZ | Constellation Brands, Inc. | Consumer Staples | Beverages - Brewers | 19.8 | 3.54% | 39.00% | 1.00% | 5.60% | 11.01 | 9.33 | 9.27% | -10.48% | -9.76% | -23.71% | -16.28% | -30.60% | -16.49% | 37.0186 | 97 | 1 | Downward channel (32%), Downtrend | Beer/spirits name; the yield is elevated because the stock has been hit by a US Hispanic-consumer demand slump and its wine-spirits divestiture. Payout is well below half of earnings, so the dividend is safe — this is a bet on demand stabilization and destocking normalizing. |
| EQNR | Equinor ASA | Energy | Oil & Gas Integrated | 80.6 | 3.53% | 41.20% | -15.10% | 5.60% | 11.66 | 11.74 | — | 2.59% | 2.19% | 4.28% | 82.39% | -5.99% | 12.15% | 52.7809 | 76 | 22 | Uptrend | Norwegian state-backed energy major — dividend is anchored by Norway's fiscal needs and paid alongside large buybacks. Highly levered to European gas prices and the euro/NOK rate; the yield is generous but cash-flow seasonal and commodity-dependent. |
| NVO | Novo Nordisk A/S | Health Care | Drug Manufacturers - General | 206.7 | 3.40% | 45.70% | 10.20% | 18.00% | 9.24 | 11.01 | — | 6.43% | -19.46% | 2.98% | -33.92% | -41.34% | -12.45% | 28.6395 | 62 | 29 | — | The most notable name here — a pharma mega-cap whose yield has jumped into the high-3% range only because of a brutal de-rating after GLP-1 competitive fears and guidance cuts. Payout is only ~46% of earnings and the 5Y dividend CAGR is strong, so the income angle is genuinely defensive; the risk is whether obesity-market share loss continues. |
| BBD | Banco Bradesco Sa | Financials | Banks - Regional | 47.8 | 3.37% | 38.10% | -7.00% | 4.90% | 10.74 | 8.04 | 2.52% | — | 30.11% | 26.72% | 48.77% | 0.00% | 28.72% | 81.6827 | 61 | 17 | Break-above | Brazilian bank with a heavy monthly-dividend structure; the very elevated RSI and a recent break above resistance flag momentum. Roaring Brazilian equity market (up sharply) is a tailwind. Dividend fluctuates with profit and payout policy, so growth figures are noisy. |
| DB | Deutsche Bank AG | Financials | Banks - Regional | 67.1 | 3.32% | 30.60% | 51.90% | 40.60% | 9.22 | 7.35 | — | -0.22% | -15.00% | 20.81% | 2.16% | -15.47% | 3.61% | 33.419 | 69 | 22 | Uptrend | The biggest dividend growth story on the list — German bank rebuilding its payout aggressively after years of under-distribution. Profits have inflected; the yield is real and rising, but European bank earnings are late-cycle sensitive to rate cuts and credit costs. |
| PNC | PNC Financial Services Group, I | Financials | Banks - Regional | 87.8 | 3.23% | 39.10% | 9.20% | 5.20% | 12.12 | 10.31 | — | 7.16% | -10.36% | 4.53% | 14.58% | -14.32% | -3.83% | 26.7869 | 83 | 9 | Downtrend | — |
| ALLY | Ally Financial Inc. | Financials | Credit Services | 11.4 | 3.19% | 28.20% | 0.00% | 0.90% | 8.85 | 5.85 | — | -3.26% | -13.97% | -5.34% | -2.33% | -20.38% | -10.65% | 25.9733 | 77 | 14 | Downtrend | — |
| BMY | Bristol-Myers Squibb Company | Health Care | Drug Manufacturers - General | 121.7 | 3.17% | 55.50% | 1.60% | 3.10% | 13.13 | 9.09 | 10.69% | -0.22% | -9.90% | 5.58% | 36.95% | -12.48% | 0.69% | 34.8753 | 68 | 23 | — | Pharma major whose yield is anchored by a large patent-cliff-exposed portfolio offset by newer launches; payout is above half of earnings, which limits dividend growth near-term. FCF is strong and supports the distribution, but revenue erosion on legacy drugs is the watch item. |
| LVS | Las Vegas Sands Corp. | Consumer Discretionary | Resorts & Casinos | 23.5 | 3.17% | 44.60% | 21.10% | — | 14.07 | 10.31 | 7.82% | 15.22% | -18.17% | -31.96% | -27.22% | -47.75% | -24.83% | 20.4657 | 75 | 16 | Downtrend | Macau casino operator that reintroduced its dividend after a long pause — the yield signals confidence in Macau gaming recovery, helped by robust Chinese visitation. Balance sheet has been deleveraging, but it remains the most leveraged name here and earnings are policy-sensitive to China. |
Overview
How to read this screen
The list is a map of where large-cap income is concentrated rather than a "safe dividend" list: rates are still around 4.6% on the 10-year, so a 3–6% equity yield only clears the risk-free bar where the payout is durable. The screen enforces two guardrails — yield above 2.5% and trailing payout below 60% of earnings — which together filter out most of the yield traps and structurally over-distributed REITs and BDCs.
Three clusters dominate:
- Global banks (UK, Spain, Netherlands, Germany, LatAm). European and Latin American lenders are the richest source of high, well-covered yields — capital is strong, buybacks are supplementing dividends, and payouts are mid-range. These are late-cycle, rate-sensitive names: a faster-than-expected cutting cycle compresses net interest margins.
- US telecoms and communications (AT&T, Comcast). Free cash flow comfortably covers the dividend and the yield is a function of multiple compression, not payout stress. The investment debate is capital allocation, not solvency.
- Defensive consumer and pharma (McCormick, Constellation Brands, GSK, Novo Nordisk, Bristol-Myers). Several quality names have drifted onto the list because their share prices, not their dividends, moved — a classic sign the income is being repriced by a specific growth scare.
Sustainability checklist
- Coverage: a payout ratio well under 60% plus a healthy FCF yield is the strongest single signal here. Names with high payout and high FCF yield are usually the safest.
- Growth: steady, nonzero dividend growth (5-year CAGR) matters more than a single year's jump — several ADRs show distorted YoY growth from dividend timing and currency.
- Reliability: watch names with erratic or annually-reset payouts (state-influenced energy, some LatAm financials) and dividend cuts (BCE).
- Valuation: a forward P/E below trailing often means earnings are expected to inflect up — worth a closer look but also a warning that the market doubts the level.
Key risks
The dominant risk is the rate-sensitive complex currently being sold: Real Estate and Financials are among the worst-performing US sectors over the past month, and a 4.6% 10-year yield raises the bar every payout must clear. Foreign ADRs add currency and dividend-timing noise on top of policy risk. And with the average US stock still negative on the month, dividend income is one of the few places offering a positive carry while the broad tape repairs.
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Educational research tool — not investment advice. A screen is a starting point, not a recommendation.