4 Huge Companies Paying Solid Dividends During Uncertain Economic Times
In light of the economic uncertainty and political fighting that has been driving the markets lower, many investors are looking to safer investments. Large cap companies that pay dividends meet this criteria for some. Following is some information on the four largest companies which pay dividends, as measured by market capitalization.
- IBM (NYSE:IBM): The shares recently traded at $171.07, down $2.22, or 1.32%, on the day. The shares yield 1.75% and pay a dividend of $0.75 per share. The shares have traded in a 52-week range of $134.39 to $185.63 and its market capitalization is $204.31 billion. About the company: International Business Machines Corporation (NYSE:IBM) provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
- Microsoft (NASDAQ:MSFT): The shares recently traded at $24.75, up $0.22, or 0.86%, on the day. The shares yield 3.23% and pay a $0.20 dividend. The shares have traded in a 52-week range of $23.65 yo $29.46 and its market capitalization is $207.53 billion. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
- PetroChina Company Ltd. (NYSE:PTR): The shares recently traded at $115.49, down $3.67, or 3.08%, on the day. The shares yield 4.64% and pay a dividend of $2.54 per share. The shares have traded in a 52-week range of $11.29 to $158.83 and its market capitalization is $211.37 billion. About the company: PetroChina Company Limited explores, develops, and produces crude oil and natural gas. The Company also refines, transports, and distributes crude oil and petroleum products, produces and sells chemicals, and transmits, markets and sells natural gas.
- Exxon Mobil (NYSE:XOM): The shares recently traded at $70.46, down $0.69, or 0.98%, on the day. The shares pay a divided of $0.47 and have a yield of 2.67%. The shares have traded in a 52-week range of $61.84 to $88.23 and its market capitalization is $342.58 billion. About the company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.
(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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