U.S. Undervalued Dividend Payers

Exxon Mobil

Market Cap: US$451.7b

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

Bank of America

Market Cap: US$332.7b

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$200.7b

Operates as a healthcare company worldwide.

QUALCOMM

Market Cap: US$157.4b

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

Accenture

Market Cap: US$155.0b

Provides strategy and consulting, industry X, song, and technology and operation services in North America, Europe, the Middle East, Africa, and internationally.

Pfizer

Market Cap: US$137.8b

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally.

Gilead Sciences

Market Cap: US$137.2b

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

Automatic Data Processing

Market Cap: US$122.9b

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

ConocoPhillips

Market Cap: US$115.7b

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

Illinois Tool Works

Market Cap: US$74.9b

Provides industrial products and equipment in North America, Europe, the Middle East, Africa, the Asia Pacific, and South America.

U.S. Bancorp

Market Cap: US$68.6b

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

Elevance Health

Market Cap: US$63.8b

Operates as a health benefits company in the United States.

EOG Resources

Market Cap: US$63.6b

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.

Truist Financial

Market Cap: US$55.3b

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

FedEx

Market Cap: US$53.0b

Provides transportation, e-commerce, and business services in the United States and internationally.

Cummins

Market Cap: US$52.6b

Offers various power solutions worldwide.

MetLife

Market Cap: US$49.1b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

Schlumberger

Market Cap: US$48.9b

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

JD.com

Market Cap: US$45.2b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

American International Group

Market Cap: US$42.9b

Offers insurance products for commercial, institutional, and individual customers in North America and internationally.

VICI Properties

Market Cap: US$35.2b

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.

Kraft Heinz

Market Cap: US$32.7b

Manufactures and markets food and beverage products in North America and internationally.

State Street

Market Cap: US$31.2b

Through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

M&T Bank

Market Cap: US$28.7b

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.

Hewlett Packard Enterprise

Market Cap: US$26.8b

Provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

Huntington Bancshares

Market Cap: US$23.3b

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

T. Rowe Price Group

Market Cap: US$23.2b

A publicly owned investment manager.

Regions Financial

Market Cap: US$22.0b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

Coterra Energy

Market Cap: US$18.5b

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.

Coca-Cola FEMSA. de

Market Cap: US$18.0b

A franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay.

Halliburton

Market Cap: US$17.8b

Provides products and services to the energy industry worldwide.

Packaging Corporation of America

Market Cap: US$17.4b

Manufactures and sells containerboard and uncoated freesheet (UFS) paper products in North America.

ZTO Express (Cayman)

Market Cap: US$15.9b

Provides express delivery and other value-added logistics services in the People's Republic of China.

Best Buy

Market Cap: US$14.3b

Offers technology products and solutions in the United States, Canada, and internationally.

Omnicom Group

Market Cap: US$14.1b

Offers advertising, marketing, and corporate communications services.

Everest Group

Market Cap: US$13.8b

Through its subsidiaries, provides reinsurance and insurance products in the United States, Europe, and internationally.