U.S. Undervalued Dividend Payers

Exxon Mobil

Market Cap: US$633.9b

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

Johnson & Johnson

Market Cap: US$574.4b

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$375.4b

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$299.9b

Operates as a healthcare company worldwide.

Wells Fargo

Market Cap: US$263.5b

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

Abbott Laboratories

Market Cap: US$174.7b

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

Gilead Sciences

Market Cap: US$172.5b

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$149.4b

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

QUALCOMM

Market Cap: US$136.6b

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

Accenture

Market Cap: US$110.2b

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

PNC Financial Services Group

Market Cap: US$89.2b

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

United Parcel Service

Market Cap: US$86.4b

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

U.S. Bancorp

Market Cap: US$86.4b

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

Marsh & McLennan Companies

Market Cap: US$81.4b

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

SLB

Market Cap: US$77.9b

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

Automatic Data Processing

Market Cap: US$76.0b

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

EOG Resources

Market Cap: US$73.0b

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.

Elevance Health

Market Cap: US$68.4b

Operates as a health benefits company in the United States.

Phillips 66

Market Cap: US$63.9b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Truist Financial

Market Cap: US$61.6b

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

Allstate

Market Cap: US$54.5b

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

State Street

Market Cap: US$38.6b

Provides various financial products and services to institutional investors.

Huntington Bancshares

Market Cap: US$33.4b

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

Hewlett Packard Enterprise

Market Cap: US$33.0b

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

M&T Bank

Market Cap: US$32.7b

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.

VICI Properties

Market Cap: US$30.0b

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.

Cognizant Technology Solutions

Market Cap: US$27.7b

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

Kraft Heinz

Market Cap: US$27.3b

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

Dollar General

Market Cap: US$25.5b

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

Coterra Energy

Market Cap: US$25.4b

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.

PPG Industries

Market Cap: US$24.7b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Bunge Global

Market Cap: US$24.0b

Operates as an agribusiness and food company worldwide.

Expand Energy

Market Cap: US$23.8b

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

Regions Financial

Market Cap: US$23.5b

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

KeyCorp

Market Cap: US$23.0b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Coca-Cola FEMSA. de

Market Cap: US$22.0b

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