7 S&P 500 Dividend Stocks to Buy That Yield 4% or More

Yield. It’s getting harder to come by as S&P 500 stocks continue to push to new highs. The quest to find reasonably priced dividend stocks to buy has become so difficult. Now, the average S&P 500 dividend stock yields just 2.13% — lower than almost every period in history, with the exception of the dot.com bubble in 2000. The days of most dividend stocks yielding 4% or more are long gone. Once upon a time, investors were certain to get them. For almost a full decade between 1977 and 1984, the average S&P 500 stock yielded 4.91% — 278 basis points higher than today!

Of course, back then, the prime rate varied anywhere from 6.5% to a record 21.5% in December 1980. It’s this phenomenon that bulls use to argue against today’s S&P 500 being overvalued. You can argue that all of this yield stuff is simply semantics because at the end of the day it’s the dollar amount that really matters. If you have a $700,000 portfolio with seven S&P 500 dividend stocks and require $28,000 in annual income from it, all that matters is how you get there. Well, I’d like to help you get there. Here are seven S&P 500 dividend stocks that currently yield 4% or more. S&P 500 Dividend Stocks to Buy: LyondellBasell Industries NV (LYB), Mattel (MAT), Macy’s (M), Verizon (VZ), PPL Corp (PPL), Pitney Bowes (PBI) and Ventas (VTR).

Source: Investor Place

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