Core Viewpoint - The article presents a list of U.S. stocks with a market capitalization of at least $10 billion and a dividend yield above 5%, which can generate $100 in annual income with an initial investment of $2,000 or less. Group 1: Company Summaries - HSBC Holdings: A major global bank with a market cap exceeding $200 billion, currently offering a dividend yield of approximately 5.5%, requiring an investment of about $1,818 to generate $100 in annual income [2] - Verizon Communications: Despite a 25% decline in value over the past five years, Verizon's dividend yield has risen to 6.5%, maintaining consistent payouts for over a decade [3] - Pfizer: A leading pharmaceutical company with a market cap of $135 billion, trading at 17 times earnings, significantly lower than the S&P 500 average. Pfizer's dividend yield stands at 7.2% [4] - British American Tobacco: Known for reliable dividends, it currently offers a yield of 6.1%. The company is adapting to declining cigarette volumes by focusing on smokeless products [5] - Altria Group: Similar to British American Tobacco, Altria provides a 6.9% dividend yield. The company is managing the transition in the nicotine market effectively, with earnings expected to grow by 2% to 5% this year [6] - Enbridge: Operates a vast pipeline network and is a favorite among dividend investors, currently offering a dividend yield of about 6.1% [8] - BP: A diversified oil and gas company with a 6.2% dividend yield, despite minimal share price appreciation since 1997 [9] - The Bank of Nova Scotia: A major Canadian bank with a more consolidated banking industry, currently providing a 5.9% dividend yield [10] - Realty Income: A real estate investment company with a 5.6% dividend yield, owning a large portfolio of income-producing properties [11] - Pembina Pipeline: Smaller than Enbridge, Pembina has a variable dividend payout but currently offers a yield of 5.7% [13]
10 Stocks That Pay $100 or More in Dividends