In this article, we will take a look at the 13 NASDAQ Stocks with Highest Dividends.
In recent years, technology markets have drawn more attention from investors around the world, especially those linked to the NASDAQ Composite Index. Prices in this space have moved up steadily, reflecting stronger demand and a growing level of confidence in tech-driven businesses.
That trend became much clearer during the COVID-19 pandemic. Markets moved quickly, and prices climbed at a pace that stood out. The NASDAQ Composite rose from below 7,000 points soon after the World Health Organization declared a global pandemic in March 2020 to more than 16,000 points by late 2021. Companies, governments, and consumers relied more on digital tools, and technology firms became part of everyday operations. That shift improved earnings expectations and helped explain much of the price growth during that period.
Because the index leans heavily toward tech, it has also reflected recent shifts in sentiment. Morningstar noted that artificial intelligence stocks have had a mixed run over the past year. After strong gains in 2025, sentiment shifted in 2026 toward an “anything-but-AI” approach. That change led to a selloff across many AI names, leaving some well-funded companies trading at more reasonable valuations.
Dan Romanoff said generative AI is still the main theme in the sector. Software companies are adding more advanced AI features to their products. Cloud providers are expanding both capacity and services to keep up. At the same time, chipmakers such as Nvidia continue to see strong demand tied to AI and data center needs.
The report also pointed out that, even with its focus on growth, many NASDAQ-listed companies still offer consistent dividend payouts to shareholders.
Given this, we will take a look at some of the best NASDAQ stocks with the highest dividends.
Photo by nathan dumlao on Unsplash
Our Methodology:
For this list, we screened for companies that are traded on the NASDAQ composite. From that list, we identified dividend stocks and picked those with the highest dividends, as of April 12. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
13. Cintas Corporation (NASDAQ:CTAS)
Dividend Yield as of April 12: 1.03%
On March 31, Citi analyst Leo Carrington lowered the firm’s price recommendation on Cintas Corporation (NASDAQ:CTAS) to $160 from $181. It reiterated a Sell rating on the shares. He pointed to continued growth supported by new business wins and cross-selling. At the same time, he noted that the company remains exposed to economic cycles, especially with a weaker US employment backdrop. That dynamic, in his view, keeps the risk-reward profile skewed to the downside. He added that valuation continues to be the main constraint, even when factoring in the potential upside from Unifirst accretion.
On March 26, UBS also adjusted its outlook on Cintas, lowering the price target to $228 from $235 while maintaining a Buy rating. The firm noted that the company delivered 8.2% organic growth, even with limited payroll expansion. Earnings per share met expectations but did not exceed them, which the analyst attributed in part to the timing of SG&A expenses. UBS highlighted raised full-year guidance and improved EBIT margins. It also pointed to a lower valuation multiple, suggesting the stock may offer a more attractive entry point when viewed against the long-term value tied to the pending UniFirst deal.
Cintas Corporation (NASDAQ:CTAS) develops and provides uniform programs using fabric. It serves businesses of various sizes, mainly across the United States, along with Canada and Latin America. The company operates through two segments: Uniform Rental and Facility Services, and First Aid and Safety Services.
12. PACCAR Inc (NASDAQ:PCAR)
Dividend Yield as of April 12: 1.04%
On March 31, BNP Paribas initiated coverage of PACCAR Inc (NASDAQ:PCAR) with a Neutral rating. It also set a $126 price target on the stock. The firm said order momentum is building for European trucks.
During the Q4 2025 earnings call, CEO Preston Feight pointed to strong financial results, stating that PACCAR generated $6.8 billion in revenue and $557 million in net income for the quarter. He added that full-year performance reached $28.4 billion in revenue and $2.64 billion in adjusted net income, describing it as the company’s fourth most profitable year on record and extending its streak to 87 consecutive years of profitability.
He also noted that both PACCAR Parts and PACCAR Financial Services delivered record results for both the quarter and the full year. Looking ahead, Feight indicated that the 2026 Class 8 truck market in the U.S. and Canada is expected to fall between 230,000 and 270,000 units. He said improving economic conditions, a clearer regulatory and tariff environment, and better freight trends are likely to support demand. He also highlighted continued momentum for DAF Trucks, pointing to expansion efforts and industry recognition across Europe and South America.
PACCAR Inc (NASDAQ:PCAR) is a multinational company across three main industry segments. Its Truck segment focuses on the design, manufacture, and distribution of light-, medium-, and heavy-duty commercial trucks.
11. Linde plc (NASDAQ:LIN)
Dividend Yield as of April 12: 1.27%
On April 9, UBS analyst Joshua Spector raised the firm’s price recommendation on Linde plc (NASDAQ:LIN) to $579 from $550. It reiterated a Buy rating on the shares.
During its Q4 2025 earnings call, Linde plc outlined its outlook for 2026. The company expects full-year earnings per share to come in between $17.40 and $17.90. That points to growth of about 6% to 9% compared to 2025, including a 1% benefit from foreign exchange, with base volumes unchanged at the midpoint. For the first quarter of 2026, the company is working with a flat volume assumption. It also expects a 3% tailwind from foreign exchange.
CFO Matthew White noted that, as previously highlighted by Sanjiv Lamba, the company continues to benefit from a solid backlog of projects. He said ongoing productivity gains and internal initiatives are expected to support earnings growth in 2026. At the same time, he made it clear that it is still early in the year, and the company is choosing to stay cautious with its outlook.
Linde plc (NASDAQ:LIN) is a United Kingdom-based global industrial gases and engineering company. It operates through segments including Americas, EMEA, APAC, and Engineering. Its primary products in the industrial gases business include atmospheric gases such as oxygen, nitrogen, argon, along with rare and process gases.
10. CSX Corporation (NASDAQ:CSX)
Dividend Yield as of April 12: 1.33%
On April 7, JPMorgan raised the firm’s price recommendation on CSX Corporation (NASDAQ:CSX) to $42 from $41. It reiterated an Overweight rating on the shares. The firm made the change as part of its Q1 preview for the transportation and logistics group. It noted that surface transportation rates are unlikely to revisit last year’s lows. The analyst also said the firm sees “more stocks to own than avoid” heading into earnings. At the same time, it pointed out that it is still too early to expect positive earnings revisions, as more stable freight demand has yet to show up.
On April 7, Citi analyst Ariel Rosa downgraded CSX Corporation to Neutral from Buy, while raising the price target to $44 from $41. The firm said it has narrowed its ratings, noting that many stocks in its North America transportation coverage “appear expensive” without meaningful upward revisions to estimates. It added that, in many cases, such revisions “feel premature given macro uncertainty.” It also highlighted that Eastern railroads are trading at “a rare premium” compared to Class 1 peers. The firm made broader target adjustments across the group as part of its Q1 preview.
CSX Corporation (NASDAQ:CSX) is a transportation company. It provides rail, intermodal, and rail-to-truck transload services to customers across a wide range of markets, including energy, industrial, construction, agricultural, and consumer products.
9. Diamondback Energy, Inc. (NASDAQ:FANG)
Dividend Yield as of April 12: 2.15%
On April 10, UBS raised the firm’s price recommendation on Diamondback Energy, Inc. (NASDAQ:FANG) to $245 from $240. It maintained a Buy rating on the shares.
On April 8, Roth Capital analyst Leo Mariani downgraded Diamondback Energy to Neutral from Buy, while raising the price target to $200 from $180. The firm said it believes oil prices have likely peaked. It added that oil is “near the peak” as a potential Iran ceasefire develops. The analyst noted that several oil-focused exploration and production stocks have moved higher in recent weeks, supported by strength in the commodity. Roth also said it does not expect lasting damage to key Middle East oil infrastructure and believes that “a lot more oil can start transiting the Strait of Hormuz soon.” With stocks trading near 52-week highs, the firm chose to downgrade a number of names in the group.
Diamondback Energy, Inc. (NASDAQ:FANG) is an independent oil and natural gas company. It focuses on the acquisition, development, exploration, and production of unconventional, onshore oil and natural gas reserves, mainly in the Permian Basin in West Texas.
8. Gilead Sciences, Inc. (NASDAQ:GILD)
Dividend Yield as of April 12: 2.36%
On April 10, Morgan Stanley raised the firm’s price recommendation on Gilead Sciences, Inc. (NASDAQ:GILD) to $175 from $171. It kept an Overweight rating on the shares. The firm updated its models across biopharma coverage, reflecting IQVIA trends and intra-quarter updates ahead of Q1 earnings.
For the first quarter of 2026, Gilead Sciences expects about $107 million in acquired IPR&D expenses. This represents a charge of around $0.07 to both GAAP and non-GAAP diluted earnings per share. These expenses can include, in any given quarter, known commitments tied to previously announced collaborations and partnerships. They may also include upfront and other costs linked to new business development activities during the period.
In Q1 2026, the total includes an upfront payment of about $80 million related to the Genhouse collaboration announced on February 13, 2026. This amount was not included in the full-year 2026 IPR&D guidance of $300 million provided on February 10, 2026.
Gilead Sciences, Inc. (NASDAQ:GILD) is a biopharmaceutical company focused on developing treatments for serious diseases. Its work spans areas such as HIV, viral hepatitis, COVID-19, cancer, and inflammation. The company focuses on discovering, developing, and delivering medicines to address unmet needs across virology, oncology, and other therapeutic areas.
7. Starbucks Corporation (NASDAQ:SBUX)
Dividend Yield as of April 12: 2.57%
On April 2, Reuters reported that Starbucks Corporation (NASDAQ:SBUX) had closed its deal with Boyu Capital to sell control of its China operations, the Seattle-based coffee company said on Thursday. The outline of the deal had first been announced in November. It is aimed at restarting growth in the world’s second-largest economy, where local competitors such as Luckin Coffee and Cotti Coffee have been gaining share with lower prices.
Funds managed by Boyu will take a 60% stake in Starbucks’ China business. Starbucks will keep the remaining stake and continue to license its brand and intellectual property to the new venture. The firm also noted that Boyu’s founders include the grandson of former Chinese President Jiang Zemin. Molly Liu said in a statement that the deal would drive “hyper-localization” of the brand in China.
China currently has around 8,000 Starbucks stores. The company plans to expand that number to 20,000 stores in partnership with Boyu.
Starbucks Corporation (NASDAQ:SBUX) is a global roaster, marketer, and retailer of specialty coffee. Its North America segment includes the United States and Canada, while its International segment spans China, Japan, Asia Pacific, Europe, the Middle East and Africa, Latin America, and the Caribbean.
6. Amgen Inc. (NASDAQ:AMGN)
Dividend Yield as of April 12: 2.87%
On April 10, Morgan Stanley analyst Terence Flynn raised the firm’s price recommendation on Amgen Inc. (NASDAQ:AMGN) to $326 from $309. It reiterated an Equal Weight rating on the shares. The firm updated its models across biopharma coverage, reflecting IQVIA trends and intra-quarter changes ahead of Q1 earnings.
On April 8, Truist also boosted its price goal on Amgen to $325 from $319 and maintained a Hold rating. The update came as part of a broader preview of Q1 earnings across the biotech sector. The firm said that reactions to regulatory and policy shifts have started to ease. It also pointed to a recent pickup in deal activity, which it believes could carry momentum through the rest of the year and into the mid-term period. For Amgen specifically, Truist raised its longer-term penetration assumptions for Krystexxa, reflecting stronger patent protection through 2040. It also increased the probability of success for MariTide, citing improved confidence in its commercial potential in obesity.
Amgen Inc. (NASDAQ:AMGN) is a biotechnology company focused on developing treatments for serious diseases. It works on discovering, developing, manufacturing, and delivering medicines, with a focus on areas of high unmet medical need. The company operates within the human therapeutics segment.
5. Thomson Reuters Corporation (NASDAQ:TRI)
Dividend Yield as of April 12: 3.15%
On April 10, Barclays analyst Manav Patnaik lowered the firm’s price recommendation on Thomson Reuters Corporation (NASDAQ:TRI) to $170 from $210. It reiterated an Overweight rating on the shares. The firm said that even if Q1 results across the information services sector “show resiliency, this is unlikely to cut through the AI narrative and mark a turning point for the sector.” It added that investor focus is likely to stay on company outlooks, especially with geopolitical uncertainty not fully reflected in initial guidance.
On March 23, Wells Fargo analyst Jason Haas downgraded Thomson Reuters to Equal Weight from Overweight, with a price target of $95, down from $120. The firm said its channel checks point to rising competition in legal research. While it does not see “meaningful displacement risk” to Westlaw, it noted that headlines around new startups entering the space could weigh on investor sentiment.
Thomson Reuters Corporation (NASDAQ:TRI) operates as a content and technology company. Its Legal Professionals segment serves law firms and governments with research and workflow tools, including those powered by generative artificial intelligence.
4. Mondelez International, Inc. (NASDAQ:MDLZ)
Dividend Yield as of April 12: 3.39%
On April 10, BofA analyst Peter Galbo raised the firm’s price recommendation on Mondelez International, Inc. (NASDAQ:MDLZ) to $65 from $62. It maintained a Buy rating on the shares. The firm said it favors Mondelez within packaged food and protein. That view is based on positive checks following its March meetings with management, along with what it described as a “seemingly positive update” on negotiations with European chocolate retailers.
On April 7, UBS lowered its price target on Mondelez International to $62 from $63 and maintained a Neutral rating. The firm expects Q1 results across much of the consumer staples group to be “okay,” with organic revenue growth showing some improvement and stabilization. It noted that the bigger question is how companies approach forward-looking commentary, as inflation could become a more meaningful pressure on earnings in the second half of the year and possibly beyond.
Mondelez International, Inc. (NASDAQ:MDLZ) is a snack company focused on producing and selling chocolate, biscuits, and baked snacks. It also operates in nearby categories such as gum and candy, cheese, grocery items, and powdered beverages.
3. Keurig Dr Pepper Inc. (NASDAQ:KDP)
Dividend Yield as of April 12: 3.46%
On April 10, BofA lowered the firm’s price recommendation on Keurig Dr Pepper Inc. (NASDAQ:KDP) to $35 from $38. It maintained a Buy rating on the shares. The firm adjusted its estimates ahead of earnings for the US consumer staples group.
On April 8, Wells Fargo also lowered its price target on Keurig Dr Pepper to $37 from $40 and maintained an Overweight rating. The firm said it is broadly reducing estimates across the sector ahead of quarterly results. It added that its earnings revisions are based on company-specific commodity cost assumptions built into its models. This makes margin expectations more closely tied to how inflation develops, especially through Q4 2026 and into 2027, with a recovery expected in 2028.
A Reuters report from April 1 said that Keurig Dr Pepper has appointed Rafael Oliveira to lead its coffee division as it moves forward with its planned $18 billion all-cash acquisition of JDE Peet’s. The deal is aimed at strengthening its position against competitors such as Nestlé and managing rising commodity costs. The report said that, after the acquisition, the combined business is expected to split into two separate publicly traded US companies, one focused on coffee and the other on beverages.
Oliveira, who currently leads Peet’s Coffee, is expected to head the future global coffee company. He will report to Tim Cofer, who is set to run the beverage business after the separation. It was also noted that Sudhanshu Priyadarshi had initially been selected to lead the coffee unit but was later replaced by Anthony DiSilvestro.The separation is expected to be completed by the end of the year. Shares of JDE Peet’s are scheduled to be delisted from Euronext Amsterdam on April 30, 2026.
Keurig Dr Pepper Inc. (NASDAQ:KDP) operates as a beverage company in North America. It manufactures, markets, distributes, and sells hot and cold beverages, along with single-serve brewing systems.
2. PepsiCo, Inc. (NASDAQ:PEP)
Dividend Yield as of April 12: 3.92%
On April 9, RBC Capital lowered the firm’s price recommendation on PepsiCo, Inc. (NASDAQ:PEP) to $163 from $165. It maintained a Sector Perform rating on the shares. The update came as part of a broader preview of Q1 results across home and personal care, beverages, and packaged food. The firm said the March quarter should be fine, though growth at the top line remains slow. It noted that attention will likely shift to forward commentary, especially with the Middle East conflict creating risks around revenue and inflation. It added that while the ceasefire announcement is a positive, some impact is expected to linger, with commodity prices staying elevated compared to levels seen before the conflict.
On April 8, JPMorgan analyst Andrea Teixeira lowered the firm’s price target on PEP to $172 from $176. It maintained an Overweight rating ahead of the April 16 earnings report. The firm also said the quarter “should be fine,” but reduced its earnings estimates for 2026 and 2027 to reflect higher commodity costs.
PepsiCo, Inc. (NASDAQ:PEP) operates as a global food and beverage company. It manufactures, markets, and distributes products such as Pepsi, Lay’s, Gatorade, and Quaker across more than 200 countries.
1. The Kraft Heinz Company (NASDAQ:KHC)
Dividend Yield as of April 12: 6.94%
On April 9, BNP Paribas lowered the firm’s price recommendation on The Kraft Heinz Company (NASDAQ:KHC) to $18 from $19. It maintained an Underperform rating on the shares. The firm said US packaged food valuations “look cheap relative to history,” but added they are “cheap for a reason.” It lowered targets across several companies in the group, pointing to volume growth that “looks to be muted at best” and pricing power that “could be somewhat illusory.”
On April 7, UBS analyst Peter Grom lowered the firm’s price target on KHC to $23 from $25 and kept a Neutral rating. The firm expects Q1 results across much of the consumer staples group to be “okay,” with some improvement and stabilization in organic revenue growth. It noted that the bigger focus will be on forward-looking commentary, as inflation could pose a greater risk to earnings in the second half of the year and possibly beyond.
The Kraft Heinz Company (NASDAQ:KHC) produces and markets food and beverage products worldwide. Its portfolio is organized across several consumer-focused platforms, including Taste Elevation, Easy Ready Meals, Substantial Snacking, Desserts, Hydration, Cheese, Coffee, Meats, and other grocery categories.
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