Looking for income in this tempering market? Check the top-paying dividend shares in the development-oriented Nasdaq-100 index.
100 in Nasdaq Sequential Some of the most exciting development shares on the market are home. It consists of nine out of the 10 largest stocks by market cap. All are 10 members Trillion-dollar valuation clubAt the same time, the Nasdaq-100 also has some impressive dividend payments.
Generous Dividend yield Very shareholders can be favorable-they are a conscious option and are supported by healthy cash profits. In other cases, dividend yield may increase as the market price of the same stock decreases. Some investors saw external yields as a shorthand signal of companies in great trouble.
Image Source: Getty Image.
So let’s take a look at the three richest dividend policies in Nasdaq -100 by 18 July. Are they related to perfectly healthy businesses with additional cash to spend, or are they falling to veterans with serious issues?
1. Craft Henge: 5.7% Dividend Yield
Food giant Craft Hanz ,KHC -1.10%, Today this index provides the most liberal dividend yield, and it is not a close race.
Craft Hanz always gave a high yield. It has an average of 4.6% in the last five years. But due to the fall in share prices, it also increased in the last 52 weeks.
The manufacturer of your favorite ketchup, hot dog and processed cheese has seen the top-line revenue stall in the last six quarters. Craft Hanz is still a magnificent cash machine, which converts 12% of its sales to free cash flow on a follower basis. This 11% cash profit is slightly above the conversion that the company saw six years ago, before the Kovid -19 epidemic reverse the consumer world.
This stock honestly looks underworthy now, trading only 10.4 times free cash flow and 0.7 times the book value. These evaluation ratios are low, even in the conservative location of packed food producers. The company is struggling with macroeconomic headwind similar to everyone, but with an unmatched portfolio of food brands in its favor. I think it’s a good idea Lock in this growing dividend yield By picking up some craft onz shares on cheap.
2. PepsiCo: 3.9% yield
I am not leaving the food market yet. The next name in this list is PepsiCo ,Passion -1.51%,Manufacturers stored with soft drinks and snack foods.
This recent dividend is faster than the growth of craft henz. PepsiCo yield has been average of 2.9% since the summer of 2020, with an increase of 34% in the previous year.
The company had some inventory management issues last year, and sales have been flat since the summer of 2023. I look at a world class consumer goods struggling to meet my own high quality standards.
This condition looks like a craft Hez setup. Opportunist investors will probably be good in the long run if they Some PepsiCo shares caught in this extended price dip,
3. Comcast: 3.8% yield
Then entertainment is powerhouse Comcast ,CMCSA -0.46%,It also provides dividend yields above its long -term average.
This is another story of reducing share prices resulting in rich dividend yield. And once again, I would not say that the cocmant is in financial trouble.
The new Epic Universe Theme Park at the Universal Orlando Resort of Comcast opened in late May should breathe new life in the underperforming theme park division. Universal Movie Studio Segment recently scored like big hits Jurassic World: Rebirth And live-action remake how to Train Your DragonMeanwhile, the large-scale connectivity and platform division of the cookast offers a strong cash-generating base to initiate a more ambitious development initiative.
I do not mean repeating myself, but the cookast can also be a great purchase at this low point. Certainly, the entertainment market is changing at a light pace, but the Universal brand is doing a real fight.
Anders biland There is no situation in any shares mentioned. Micle flowers recommend cofkast and craft Hanz. Motley is near the flower Disclosure policy,