Chevron, Nike, and Accenture Among Top Dividend Stocks With At Least 3% Yield
Income-focused investors are turning their attention to companies that pay solid cash dividends, especially those yielding above 3%. The Strait of Hormuz conflict has disrupted shipping routes and pushed transport costs higher, causing energy prices to fluctuate. To find stable dividend stocks, the Simply Wall St team ran a high-income screener.
One such stock is Chevron (CVX), a large integrated energy group that primarily explores for, produces, refines, and markets crude oil and natural gas worldwide. With an $82.5 billion revenue from Downstream operations in the US and internationally, Chevron's steady cash flows support its sizeable recurring payout.
The company has seen record production growth, particularly in the Permian region and Guyana, which are expected to continue contributing to future revenue and free cash flow. However, evolving cost pressures may shape margins and impact payouts. The full narrative for Chevron provides a detailed analysis of these factors.
Another stock on the list is NIKE (NKE), which designs and sells athletic footwear, apparel, and related gear. With a 3%+ yield supported by cash flows from everyday sneakers, team kits, and digital checkouts, NIKE offers a unique twist on dividend powerhouses.
The company has a history of success but needs to continue reinventing itself to provide great products to its clients. If it can loosen the pressure on its cash engine, investors may see NIKE's dividend appeal increase. The full narrative for NIKE explores this potential and how reinvention, margins, and dividend ambitions could accelerate.
Finally, Accenture (ACN) is a large organization that helps businesses modernize their technology and operations through consulting, cloud, and outsourcing services. With recurring cash flows from its long-term contracts, Accenture supports a high and covered dividend.
The company's shift towards AI work may reshape pricing power, client stickiness, and dividend headroom. The full narrative for Accenture unpacks this quiet contract mix and how it could accelerate cash generation while keeping dividend risk contained.