High Dividend Yield: 10 Stocks to Watch (June 7, 2026)
This week’s high dividend yield screener identifies companies offering substantial income potential through dividend payments exceeding 3% annually. The screening criteria filtered for established companies with market capitalizations above $1 billion, focusing on dividend yields that significantly outpace current Treasury rates and inflation expectations.
Screening Methodology and Market Context
The screener applied two primary filters: minimum market capitalization of $1 billion to ensure liquidity and institutional coverage, and dividend yields above 3% to identify income-generating opportunities. These criteria captured companies across multiple sectors, from traditional dividend aristocrats to firms potentially facing market headwinds that have elevated their yields through stock price compression.
Top 10 High Dividend Yield Stocks
| Ticker | Company | Price | Market Cap | Dividend Yield | Sector |
|---|---|---|---|---|---|
| PFE | Pfizer Inc. | $26.04 | $148.4B | 6.61% | Healthcare |
| VZ | Verizon Communications Inc. | $45.37 | $189.4B | 6.09% | Communication Services |
| T | AT&T Inc. | $22.75 | $158.1B | 4.88% | Communication Services |
| BMY | Bristol-Myers Squibb Company | $57.27 | $116.9B | 4.37% | Healthcare |
| PEP | PepsiCo, Inc. | $141.92 | $194.0B | 4.05% | Consumer Defensive |
| NKE | NIKE, Inc. | $42.98 | $63.5B | 3.79% | Consumer Cyclical |
| CVX | Chevron Corporation | $187.31 | $373.0B | 3.73% | Energy |
| TGT | Target Corporation | $122.57 | $55.7B | 3.72% | Consumer Defensive |
| USB | U.S. Bancorp | $55.69 | $86.4B | 3.70% | Financial Services |
| MDT | Medtronic plc | $81.67 | $104.9B | 3.48% | Healthcare |
Healthcare and Communication Leaders
Pfizer (PFE) tops the list with a 6.61% yield at $26.04 per share, representing a $148.4 billion market cap in the healthcare sector. The pharmaceutical giant’s elevated yield reflects both its commitment to shareholder returns and recent stock price performance.
Verizon (VZ) offers a 6.09% dividend yield with shares trading at $45.37, maintaining its position as a telecommunications dividend stalwart. The $189.4 billion company continues generating substantial cash flows from its wireless and broadband operations.
AT&T (T) delivers a 4.88% yield at $22.75 per share, with its $158.1 billion market capitalization reflecting ongoing business transformation efforts. Bristol-Myers Squibb (BMY) rounds out the healthcare representation with a 4.37% yield at $57.27, backed by its diversified pharmaceutical portfolio.
Consumer and Energy Sector Representatives
PepsiCo (PEP) maintains its dividend aristocrat status with a 4.05% yield despite trading at $141.92, demonstrating the beverage and snack giant’s pricing power. Nike (NKE) appears with an unusually high 3.79% yield at $42.98, potentially signaling market concerns about athletic apparel demand cycles.
Chevron (CVX) represents energy sector income with a 3.73% yield at $187.31, supported by its $373.0 billion market cap and integrated oil operations. Target (TGT) offers retail exposure through its 3.72% yield at $122.57, while U.S. Bancorp (USB) provides financial services representation with a 3.70% yield at $55.69.
Medtronic (MDT) completes the healthcare trio with a 3.48% yield at $81.67, reflecting the medical device manufacturer’s global market position and consistent cash generation capabilities.
Sector Composition and Yield Distribution
The ten names span six sectors, with healthcare providing the heaviest weighting at three positions (Pfizer, Bristol-Myers Squibb, Medtronic) and a combined indicated yield north of 14% at current prices. Communication Services contributes two of the list (Verizon, AT&T), consumer-related names (PepsiCo, Nike, Target) account for three, while energy (Chevron) and financial services (U.S. Bancorp) round out the basket. Average yield across the ten names is approximately 4.34%, more than 150 basis points above the 10-year U.S. Treasury yield typical for early June 2026, which is the gap income-oriented investors monitor when sizing dividend exposure relative to fixed income.
Yields above 4% on names with the scale and liquidity shown here typically fall into one of two buckets: either the security is a mature cash-flow compounder whose payout is well covered (Verizon, AT&T, PepsiCo, Chevron all generate free cash flow comfortably above their distributions), or the share price has compressed to a level where the unchanged dividend mechanically produces a higher percentage. Pfizer, Nike, and Target sit closer to the second case — their yields are elevated in part because earnings revisions or category-level concerns have weighed on the share price, which is also why investors are advised to treat any high-yield screen as a starting list rather than a buy list.
How to Use This Screen
This list is generated weekly with filters held constant (market cap > B, indicated yield > 3%, U.S. exchange listing), so names rotate as prices and dividends move. The screen is best read as a snapshot of where the income trade sits in the market cycle; it is not a recommendation to buy any individual name. Investors should evaluate each company’s payout ratio, free cash flow coverage, and the durability of the underlying business before sizing a position.
This analysis presents factual market data for informational purposes only and does not constitute investment advice. Dividend payments are not guaranteed and can be reduced or eliminated at company discretion. Past performance does not predict future results, and all investments carry risk of loss.