In this article, we will take a look at the 5 Blue Chip Stocks with Highest Dividends. For deeper discussion and analysis, have a look at the 15 Blue Chip Stocks with Highest Dividends.
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5. Prudential Financial, Inc. (NYSE:PRU)
Dividend Yield as of April 8: 5.79%
On April 8, Barclays lowered its price recommendation on Prudential Financial, Inc. (NYSE:PRU) to $110 from $119. It kept an Equal Weight rating on the shares. The firm adjusted targets across the insurance group as part of its Q1 preview. It said premium growth and broker organic growth “are likely to remain sluggish,” the analyst told investors in a research note. Barclays still expects solid margins and strong capital deployment to support reported book value growth in Q1.
Earlier in March, the company said its Board of Directors appointed Andrew Sullivan, currently Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026. Sullivan takes over from Charles Lowrey, who stepped down as Executive Chairman and director on March 10. Lowrey will stay on as a senior advisor through the end of the second quarter, when he is set to retire from the company.
Over a 25-year career at Prudential, Lowrey held several leadership roles. He served as Executive Chairman starting in 2025, Chief Executive Officer from 2018 to 2025, and Chairman from 2019 to 2025. As Chairman and CEO, he helped build the foundation for the company’s next phase of growth. He oversaw a range of growth investments, derisking actions, and organizational changes aimed at strengthening Prudential’s position in the market. He also led the company through the COVID-19 pandemic, guiding efforts to support employees, customers, and the communities it serves.
Prudential Financial, Inc. (NYSE:PRU) operates as a financial services provider and global investment manager. It offers life insurance, annuities, retirement-related products and services, mutual funds, and investment management solutions.
4. Verizon Communications Inc. (NYSE:VZ)
Dividend Yield as of April 8: 5.89%
On April 8, DBS Bank analyst Sachin Mittal downgraded Verizon Communications Inc. (NYSE:VZ) to Hold from Buy and set a $52 price target.
An April 6 report by CNBC noted that Verizon’s stock has risen nearly 19% so far in 2026. The shares also offer a 5.9% dividend yield. In its January earnings release, the company projected annual profit and free cash flow above Wall Street expectations. Fourth-quarter revenue also came in ahead of estimates.CEO Dan Schulman, who took over in October, has been focused on streamlining operations. In November, Verizon announced more than 13,000 job cuts.”We’re just at the beginning of our efficiency journey,” Schulman said during the January earnings call.
Verizon Communications Inc. (NYSE:VZ) operates as a holding company. Through its subsidiaries, it provides communications, technology, information, and streaming services to consumers, businesses, and government entities. Its Consumer segment offers wireless and wireline communication services.
3. United Parcel Service, Inc. (NYSE:UPS)
Dividend Yield as of April 8: 6.53%
On April 7, JPMorgan lowered its price recommendation on United Parcel Service, Inc. (NYSE:UPS) to $106 from $107. It maintained a Neutral rating on the shares. The firm adjusted targets across the transportation and logistics group as part of its Q1 preview. It noted that surface transportation rates are unlikely to revisit last year’s lows. JPMorgan also said it sees “more stocks to own than avoid” heading into earnings. At the same time, it believes it is too early to expect positive earnings revisions without clearer signs of sustained freight demand.
On the same day, Citigroup also lowered its price target on UPS, bringing it to $118 from $120, while maintaining a Buy rating. The firm said many stocks in its North America transportation coverage “appear expensive” unless there are meaningful upward revisions to estimates. It added that such revisions “in many cases feel premature given macro uncertainty,” as it updated its outlook ahead of Q1.
United Parcel Service, Inc. (NYSE:UPS) provides integrated logistics solutions to customers in more than 200 countries and territories. Its U.S. Domestic Package segment handles a wide range of air and ground delivery services across the United States.
2. General Mills, Inc. (NYSE:GIS)
Dividend Yield as of April 8: 6.68%
On April 8, Wells Fargo lowered its price recommendation on General Mills, Inc. (NYSE:GIS) to $33 from $35. It reiterated an Underweight rating on the shares. The firm is cutting estimates across the sector ahead of quarterly results. It based those changes on detailed, company-specific commodity assumptions built into its models. That approach ties margin expectations more closely to the current inflation trend, especially through Q4 2026 and 2027. A recovery is still expected, but it is pushed out to 2028.
During its Q3 2026 earnings call, CEO Jeffrey Harmening said the company had agreed to sell its Brazil operations, including the Yoki and Kitano brands. The move is part of a broader effort to reshape the portfolio. He indicated that it should support margins and sharpen the International segment’s focus on key global platforms such as super-premium ice cream, Mexican food, snack bars, and pet food, where the company sees stronger profitability and growth potential.
Looking ahead to fiscal 2027, Harmening said the company’s main priority is to improve organic sales while continuing to run its HMM framework alongside ongoing transformation efforts. CFO Kofi Bruce added that the company is in the middle of a multi-year transformation program. He expects it to deliver further productivity gains next year, building on the progress already made.
General Mills, Inc. (NYSE:GIS) produces and markets branded consumer food products globally. Its business is organized into North America Retail, International, North America Pet, and North America Foodservice segments.
1. The Kraft Heinz Company (NASDAQ:KHC)
Dividend Yield as of April 8: 6.97%
On April 7, UBS analyst Peter Grom lowered the firm’s price target on The Kraft Heinz Company (NASDAQ:KHC) to $23 from $25 and kept a Neutral rating on the shares. The firm expects that Q1 results across much of the consumer staples group would be “okay,” with organic revenue growth starting to stabilize and show some improvement. The bigger focus, though, is on forward guidance. Inflation is still expected to weigh more on earnings in the second half and possibly beyond, the analyst said in a preview note.
On March 30, Deutsche Bank also lowered its price target on Kraft Heinz to $20 from $23 and maintained a Hold rating. The firm pointed to “legitimate and widespread pressures building” across the consumer packaged goods industry, tied to the conflict in the Middle East. It noted that stocks in the group underperformed in March, reflecting concerns around rising costs, potential demand trade-down, and unfavorable currency movements.
The Kraft Heinz Company (NASDAQ:KHC) produces and markets food and beverage products globally. Its portfolio is organized across eight consumer-focused platforms, including Taste Elevation, Easy Ready Meals, Substantial Snacking, Desserts, Hydration, Cheese, Coffee, Meats, and other grocery categories.
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