Asked by: Renee Thompson
A stock dividend is a dividend paid to shareholders in the form of additional shares in the company, rather than as cash. Stock dividends are not taxed until the shares granted are sold by their owner.
Which stock pays highest dividend?
9 highest dividend-paying stocks in the S&P 500:
- Philip Morris International Inc. (PM)
- Vornado Realty Trust (VNO)
- Simon Property Group Inc. (SPG)
- International Business Machines Corp. (IBM)
- Oneok Inc. (OKE)
- Kinder Morgan Inc. (KMI)
- AT&T Inc. (T)
- Altria Group Inc. (MO)