Published on 25 Nov 2023 on Insider Monkey via Yahoo Finance
In this article, we discuss 11 best Fortune 500 dividend stocks to buy now. You can skip our detailed analysis of large-cap dividend stocks and their performance in the past, and go directly to read 5 Best Fortune 500 Dividend Stocks To Buy Now.
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 publicly traded companies in the United States by their total revenue for their respective fiscal years. These companies are among the largest and most influential in the American economy. They span various industries, including technology, healthcare, finance, retail, energy, and more. Exxon Mobil Corporation (NYSE:XOM), Walmart Inc. (NYSE:WMT), and Amazon.com, Inc. (NASDAQ:AMZN) were the leading three companies on the Fortune 500 list. The top 10 companies combined made a massive $3.7 trillion in revenue in the list's 69th year.
Large-cap companies often gain investors' attention due to their established track record, stability, and market dominance. These companies are typically well-known, have a significant market presence, and operate across diverse industries. In addition to this, these companies are known for their perceived stability, relatively lower risk compared to smaller companies, and the potential for consistent returns. According to a report by CNBC, over the last twenty years, among various investment types, U.S. large-cap stocks delivered the most consistent returns, averaging 9.3%. Despite experiencing fluctuations in their value over time, these stocks outperformed other types of investments like small-cap stocks, international stocks, or bonds. While these alternative investments might have shown higher fluctuations or volatility in their prices, they didn't surpass the steady and relatively strong performance of U.S. large-cap stocks. This means that even though large-cap stocks might have had their ups and downs, their overall returns were more reliable and profitable compared to other investment options during this period.
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