Published on 7 May 2024 on Insider Monkey via Yahoo Finance

15 Best S&P 500 Dividend Stocks To Buy Now

In this article, we discuss 15 best S&P 500 dividend stocks to buy now. You can skip our detailed analysis of dividend stocks in the S&P 500 and their past performance, and go directly to read 5 Best S&P 500 Dividend Stocks To Buy Now. 

It’s been a dynamic first quarter for the stock market. The S&P 500, one of the leading stock indexes in the world, gained 10.2% in the first three months of 2024, achieving its best first-quarter performance in five years. The impressive performance sparked greater interest among investors in the stock market. In March, investors poured roughly $50 billion into funds focused on purchasing stocks in the US, as reported by EPFR Global Data. That said, it is important to bear in mind that it is the bigger companies that are driving the market upward, especially those that are attentive to the ongoing artificial intelligence wave. The ‘Magnificent Seven’ accounted for 40% of the market’s overall gains in the first three months, according to data by S&P Dow Jones Indices. Meta’s remarkable returns of over 40% during the period were massively driven by the company’s announcement of its first-ever dividend earlier this year.