Companies paid record $1.7 trillion in dividends last year, led by Microsoft, Apple, and ExxonMobil.

From Nasdaq:

In 2023, companies paid a record $1.7 trillion in dividends to shareholders. The top three dividend payers were Microsoft, Apple, and ExxonMobil. Microsoft led with $20.7 billion in dividends, followed by Apple and ExxonMobil at around $14.9 billion each.

Microsoft has been a top dividend-paying stock consistently. It increased its dividend per share by 10% in the last two years. The tech giant has strong financials and recently made strategic investments in gaming and AI, positioning it for future growth and more dividend payments.

Apple, the second-largest dividend payer, paid $14.9 billion in dividends last year. The tech giant has a robust balance sheet, investing in R&D for innovative products. Recent launches like Vision Pro VR headset indicate potential cash-flow growth for future dividends.

ExxonMobil, a major oil player, paid nearly $14.9 billion in dividends in 2023. The energy company has seen consistent dividend growth and a strong cash balance. With strategic investments in high-return projects and acquisitions like Pioneer Natural Resources, ExxonMobil is set to maintain its monster dividend.

Microsoft, Apple, and ExxonMobil are top dividend stocks producing substantial cash flows. These companies focus on business growth, increasing dividends, and maintaining healthy balance sheets, making them reliable choices for investors seeking safe and rising dividend payouts.



Read more at Nasdaq: Companies Paid a Record $1.7 Trillion in Dividends Last Year. These 3 Dividend Stocks Led the Way.