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At 12.5%, this S&P 500 dividend stock has the highest yield on the index
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At 12.5%, this S&P 500 dividend stock has the highest yield on the index
The S&P 500 doesnât have a reputation for being stuffed full of dividend stocks. Indeed, the index as a whole is presently (19 December) offering a yield of 1.21%. Compare this to, for example, the FTSE 100‘s 3.16% and you can see why income investors are more likely to consider buying shares closer to home. But thereâs one US stock which, based on amounts paid over the past 12 months, is currently yielding 12.5%. Lyondellbasell Industries (…
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