> Yield: 5.17%
> Price: $9.19
> Mean price target: $9.80
> 52-week range: $7.24 to $10.25
> Market cap: $6.0 billion
Staples Inc. (NASDAQ: SPLS) is the king of all independent retailers of office supplies. That being said, it is under a relatively new leadership now that its acquisition of rival Office Depot failed to get approved. Staples has been a rumored buyout candidate of its own, but it also faces the Amazon and small e-commerce impact that has been a challenge to much of the retail landscape.
> Yield: 5.16%
> Price: $38.13
> Mean price target: $39.68
> 52-week range: $36.10 to $43.89
> Market cap: $234.4 billion
AT&T Inc. (NYSE: T) is still the king of major telecom dividends, but its lead over Verizon has come in. AT&T has already diversified with its acquisition of DirecTV, and it is further trying to diversify with the pending acquisition of Time Warner to further spread into cable, telecom and content. AT&T’s revenue was almost $164 billion in 2016.
> Yield: 5.09%
> Price: $45.81
> Mean price target: $50.05
> 52-week range: $44.46 to $56.95
> Market cap: $186.9 billion
Verizon Communications Inc. (NYSE: VZ) has the highest yield of the Dow Jones Industrial Average. The company has so far been less of an acquirer than rival AT&T, but it has now acquired AOL and Yahoo and plans to grow its video and ad platforms. Its revenue was $126 billion in 2016.
> Yield: 5.06%
> Price: $60.24
> Mean price target: $71.44
> 52-week range: $57.20 to $78.48
> Market cap: $46.1 billion
Occidental Petroleum Corp. (NYSE: OXY) is not the largest of the oil companies in raw market value, but it is the largest oil and gas dividend of the integrated players. Some of that dividend boost is because its shares are way down from the highs, and a weak oil market might be a continued risk to Occidental and all oil and gas players. Occidental’s 2016 revenue of $10 billion was almost half of the revenues just two years earlier.
> Yield: 4.98%
> Price: $30.04
> Mean price target: $33.53
> 52-week range: $27.93 to $36.60
> Market cap: $13.3 billion
FirstEnergy Corp. (NYSE: FE) is an electricity utility and generator via coal-fired, nuclear, hydroelectric, oil and natural gas, wind and solar power generating facilities. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey and New York.
> Yield: 4.89%
> Price: $51.45
> Mean price target: $58.12
> 52-week range: $48.56 to $79.33
> Market cap: $28.4 billion
Target Corp. (NYSE: TGT) is in the middle of a tight retail market, wedged somewhere between the cross-hairs of Walmart and Amazon. The drop in Target’s shares has been far worse than rival Walmart, and that has helped to drive up the dividend. Despite having revenue of $69.5 billion in 2016, that is down from almost $74 billion the prior year.
> Yield: 4.65%
> Price: $50.17
> Mean price target: $51.16
> 52-week range: $46.20 to $54.64
> Market cap: $49.9 billion
Southern Co. (NYSE: SO) is another electric utility and has power generation assets, sells wholesale electricity and distributes natural gas. Southern is based in Atlanta and claims roughly 9 million customers spread over electric and natural gas. Its 11 regulated utility markets are in Georgia, Virginia, Tennessee, Alabama, Florida, Mississippi, Louisiana, Texas, Oklahoma and several more states.