5 Large-cap Stocks with Highest Dividends

In this article, we will take a lot at the 5 Large-cap Stocks with Highest Dividends. For a deeper analysis and discussion, please check out our list of the 15 Large-cap Stocks with Highest Dividends.

5. Verizon Communications Inc. (NYSE:VZ)

Dividend Yield as of March 28: 5.63%

Next on our list of the Stocks with the Highest Dividends is Verizon Communications Inc. (NYSE:VZ). The company engages in the provision of communications, technology, information, and streaming products and services to consumers, businesses, and governmental entities worldwide.

On March 20, Citi analyst Michael Rollins bumped the firm’s price target on Verizon Communications Inc. (NYSE:VZ) from $50 to $55, while maintaining a ‘Buy’ rating on the shares. The raised target indicates an upside of over 9% from the current share price.

The move comes after Citi sees ‘positive optionality’ from Verizon’s streamlined cost structure and expanded converged services. The analyst believes that the firm has the potential to return to annual service revenue growth next year and build on its EBITDA and free cash flow.

Verizon Communications Inc. (NYSE:VZ) is projecting its FY 2026 adjusted EBITDA to be in the range of $4.90 to $4.95, representing a YoY growth of 4% to 5%. The company expects its free cash flow to reach $21.5 billion or more during the year, up by about 7% or more compared to 2025. Meanwhile, the firm’s CapEx guidance for FY 2026 stands at $16 billion to $16.5 billion, down $4 billion from the combined 2025 expenditures of Verizon and Frontier.