- By Alberto Abaterusso
Three securities are topping the S&P 500 index in terms of dividend yield. The dividend yield for the benchmark of the U.S. stock market was 1.94% as of Friday.
In addition, the following companies enjoy robust balance sheets and run profitable businesses that will likely stay so.
Shares of UPM-Kymmene Oyj ( OTCPK:UPMKY ) were trading around $25.84 on Friday. For the 52 weeks through May 24, the stock fell 28%, sending the forward dividend yield up to 5.73% versus the industry median of 2.45%.
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- High Yield Dividend Stocks in Gurus' Portfolio
- NYSE:CCU) were trading around $23.6 on Friday. After a 1% decrease for the 52 weeks through May 24, the forward dividend yield has risen to 5.03% versus the industry median of 1.96%.