There Are Only a Handful of Nasdaq-100 Stocks That Yield Over 3%. Here's My Top Pick to Buy Now.
For my money, Mondelez is the best bet of the Nasdaq-100's high-yield names.
Overview
The Nasdaq-100 is many things. Widely followed index? Check. A roster of famed large- and mega-cap growth companies? Definitely. A history of long-term outperformance over other domestic equity indexes? You bet.
A dividend destination? Not so much. While marquee components such as Apple and Microsoft, among others, have evolved into legitimate dividend growth stories, the largest exchange-traded fund (ETF) tracking the Nasdaq-100 yields a paltry 0.4%. That's not even half of the roughly 1% that investors find in an S&P 500 index fund, and that's saying something, because the S&P 500's current dividend yield is near all-time lows.
Mondelez is the winner among the Nasdaq-100 stocks with dividend yields of at least 3%. Image source: Getty Images.
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Originally published at www.fool.com.