U.S. Undervalued Dividend Payers

JPMorgan Chase

Market Cap: US$786.6b

Operates as a bank and financial holding company in the United States, rest of North America, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and the Caribbean.

Exxon Mobil

Market Cap: US$689.3b

Engages in the exploration and production of crude oil and natural gas in the United States, Canada, and internationally.

Johnson & Johnson

Market Cap: US$576.2b

Engages in the research and development, manufacture, and sale of a range of products in the healthcare field worldwide.

Bank of America

Market Cap: US$344.7b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Merck

Market Cap: US$294.0b

Operates as a healthcare company worldwide.

Wells Fargo

Market Cap: US$243.8b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Citigroup

Market Cap: US$196.6b

A diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions.

Abbott Laboratories

Market Cap: US$182.1b

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Gilead Sciences

Market Cap: US$169.9b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

ConocoPhillips

Market Cap: US$162.9b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

QUALCOMM

Market Cap: US$139.3b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Accenture

Market Cap: US$120.6b

Provides strategy and consulting, industry X, song, and technology and operation services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Progressive

Market Cap: US$118.7b

Operates as an insurance company in the United States.

Marsh & McLennan Companies

Market Cap: US$84.3b

A professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide.

PNC Financial Services Group

Market Cap: US$82.9b

Operates as a diversified financial services company in the United States.

United Parcel Service

Market Cap: US$82.8b

A package delivery and logistics provider, offers transportation and delivery services.

Automatic Data Processing

Market Cap: US$82.3b

Provides cloud-based human capital management (HCM) solutions worldwide.

U.S. Bancorp

Market Cap: US$80.1b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

EOG Resources

Market Cap: US$79.1b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

SLB

Market Cap: US$78.5b

Engages in the provision of technology for the energy industry worldwide.

Elevance Health

Market Cap: US$64.9b

Operates as a health benefits company in the United States.

PACCAR

Market Cap: US$60.7b

Designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Australia, Mexico, Europe, Central and South America, and internationally.

Truist Financial

Market Cap: US$55.8b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

Allstate

Market Cap: US$53.8b

Provides property and casualty, and other insurance products in the United States and Canada.

AngloGold Ashanti

Market Cap: US$43.3b

Operates as a gold mining company in Africa, Australia, and the Americas.

State Street

Market Cap: US$35.0b

Provides various financial products and services to institutional investors.

Hewlett Packard Enterprise

Market Cap: US$33.3b

Develops intelligent solutions in the United States, the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and internationally.

Huntington Bancshares

Market Cap: US$31.4b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

M&T Bank

Market Cap: US$30.6b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Cognizant Technology Solutions

Market Cap: US$29.1b

A professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally.

VICI Properties

Market Cap: US$29.0b

An S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.

Coterra Energy

Market Cap: US$27.2b

An independent oil and gas company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

Expand Energy

Market Cap: US$26.7b

Operates as an independent natural gas production company in the United States.

Dollar General

Market Cap: US$26.3b

A discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States.

Credicorp

Market Cap: US$26.1b

Provides various banking services and products in Peru, Bermuda, Colombia, Bolivia, Panama, Chile, the United States, the Cayman Islands, and Mexico.

Citizens Financial Group

Market Cap: US$24.9b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.