5 Highest Dividend Stocks on Cash App

In this article, we discuss 5 highest dividend stocks on Cash App. If you want to read our detailed analysis of investing through Cash App and the previous performance of dividend stocks, go directly to read 10 Highest Dividend Stocks on Cash App.

5. Comerica Incorporated (NYSE:CMA)

Dividend Yield as of December 18: 5.13%

Comerica Incorporated (NYSE:CMA) is a financial services company primarily engaged in banking, providing a range of financial products and services. The company currently pays a quarterly dividend of $0.71 per share, growing it by 4% in March this year. This was the first time the company raised its payout since the pandemic of 2020, however, its dividends remained stable during that period. With a dividend yield of 5.13%, as of December 18, CMA is one of the best Cash App stocks that pay dividends.

Comerica Incorporated (NYSE:CMA) was a part of 42 hedge fund portfolios at the end of Q3 2023, compared with 46 in the previous quarter, as per Insider Monkey’s database. The total value of stakes owned by these hedge funds is nearly $562 million.