Large-cap stocks are those that have a market capitalization above $10 billion and are synonymously known as big cap stocks. Each stock listed below also pays out a dividend, providing shareholders with a dependable source of income.
May is a great month to buy these companies despite the old adage to “sell in May and go away.” There may be a historical precedent for weaker performance during the summer, but investors in these dividend-paying large-cap stocks generate passive income year round. Investors who choose to direct their capital into the safety of large-cap dividend stocks should consider doing so right now, at least in these names.
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