10 Highest Dividend-Paying Stocks to Buy in the S&P 500

2. United Parcel Service, Inc. (NYSE:UPS)

Dividend Yield as of September 27: 7.84%

United Parcel Service, Inc. (NYSE:UPS) is the world’s largest package delivery company and a global leader in supply chain solutions. It provides package delivery, supply chain management, and logistics services in more than 220 countries and territories.

In a major push toward better global smart logistics, United Parcel Service, Inc. (NYSE:UPS) has been shifting away from low-margin volumes to higher-margin business. That includes strategic network realignment, automation investments, and expansion in the healthcare logistics space. The company also emphasizes controlling labor costs and ensuring compliance with changing trade and environmental rules. Provided the network is efficiently managed, costs are controlled, and the labor situation is stable, it is able to adapt to changes in global trade.

United Parcel Service, Inc. (NYSE:UPS) is also one of the best dividend stocks to buy in the S&P right now. The firm has raised its dividend for 23 years in a row, and its current payout is $1.64 on a quarterly basis. The stock yields 7.84%, as of September 27th.