10 Biggest Dividend Payers in 2025 – 2026
We present the ten biggest dividend payers in 2025 – 2026 ranked by total cash paid out and trading on U.S. stock exchanges. This is a mid-year ranking. Most of these companies are also dividend growth stocks. We employ Stock Rover* to sort equities by their dividend cash flow.
1. Microsoft
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Microsoft (MSFT) is a well-known diversified enterprise and retail hardware and software conglomerate. After becoming a leader in cloud, it is now making waves in AI. Additionally, the firm is one the largest in terms of market capitalization. Microsoft paid $26.4 billion in dividends last year., retaining its number one spot for another year. The AAA-rated balance sheet and an A+ dividend quality grade support the dividend.
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2. JP Morgan Chase
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The second company on this list of biggest dividend payers is JPMorgan Chase (JPM), the global banking giant. The company traces its history to 1799. Today, it is retail and commercial banking, asset & wealth management, and investment banking. JPMorgan Chase paid about $17.3 billion in dividends last year, moving up from No. 5 to No. 2.
3. Exxon Mobil
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Exxon Mobil (XOM) is next after paying $17.2+ billion in dividends in the last year, keeping its third place ranking. The company is the largest oil major in the United States and one of the biggest globally. Exxon Mobil has paid a dividend since 1882, the third-longest distribution streak in America. It is also a Dividend Aristocrat with a 43-year streak of increases.
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4. Taiwan Semiconductor Manufacturing
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Taiwan Semiconductor Manufacturing (TSM) is the large semiconductor foundry with global operations. The stock trades as an American Depository Receipt (ADR) on the New York Stock Exchange (NYSE). The semiconductor boom driven by proliferating personal devices and artificial intelligence is driving revenue growth. The company paid out $16.8 billion in dividends in 2025 – 2026, entering this list at No. 4.
5. Apple
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Apple (AAPL) is one of the largest companies in the world in terms of market capitalization. It is worth $4.85 trillion, putting it at number two. The firm was No. 1 but it was passed by Nvidia. The software and hardware giant paid over $15.6 billion in dividends, dropping one spot.
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6. Chevron
Chevron (CVX) is the second major oil company on this list of biggest dividend payers after paying $13.9+ billion last year, keeping its place on this list. The company explores, refines, transports, and sells oil, natural gas, and petrochemicals. Chevron is also a Dividend Aristocrat and Dividend Champion.
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7. HSBC Holdings
HSBC Holdings (HSBC) is the second international firm on this list. It is a global bank and financial firm headquartered in London. The stock trades as an ADR on the NYSE. In 2025 – 2026, the firm paid over $12.8 billion in dividends, moving up to No. 7.
8. Johnson & Johnson
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Johnson & Johnson is one of the largest pharmaceutical companies in the world. It sells R&D-based therapies and medical devices. The over-the-counter medicine business was spun off as Kenvue. The firm is also known for its long dividend history and dividend growth. Johnson & Johnson is one of only 54 Dividend Kings. The company paid over $12.6 billion in dividends in the past year.
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9. Broadcom
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Broadcom (AVGO) is one of two semiconductor companies on this list. Broadcom paid approximately $12.08 billion in dividends in 2025 – 2026, entering this list at No. 9. The firm’s recent success has allowed it to boost its dividend distribution.
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10. AbbVie
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AbbVie (ABBV) is a large R&D-based pharmaceutical firm. It was spun out of Abbott Laboratories in 2012. It has several blockbuster therapies, but Humira is its most well-known and is one of the best-selling ones globally in the past few years. The company paid out $11.97 billion in dividends in 2025 – 2026, retaining its spot as No. 10.
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Disclosure: Long MSFT, AAPL, JNJ, and VZ.
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Prakash Kolli is the founder of the Dividend Power site. He is a self-taught investor, analyst, and writer on dividend growth stocks and financial independence. His writings can be found on Seeking Alpha, InvestorPlace, Business Insider, Nasdaq, TalkMarkets, ValueWalk, The Money Show, Forbes, Yahoo Finance, and leading financial sites. In addition, he is part of the Portfolio Insight and Sure Dividend teams. He was recently in the top 1.0% and 100 (73 out of over 13,450) financial bloggers, as tracked by TipRanks (an independent analyst tracking site) for his articles on Seeking Alpha.