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Artificial intelligence (AI) continues to drive the next wave of technological transformation, attracting investors seeking long-term growth and steady returns. For dividend investors, AI-focused companies offer a unique blend of capital appreciation potential and dividend income. Here are some of the top AI stocks for dividend investors in 2024, highlighting their yields, performance, and dividend schedules.
Price: $146.27
Market Cap: $3.56 trillion
Dividend Yield: 0.03%
Forward Dividend: $0.04 (Estimated)
Ex-Dividend Date: March 7, 2025
Dividend Per Share: $0.01
NVIDIA, a leader in AI and graphics processing technology, has delivered substantial returns, with a year-to-date (YTD) total return of 198.18%. While NVIDIA’s dividend yield is modest at 0.03%, its potential for growth and innovation in AI technology makes it attractive to investors. NVIDIA’s GPUs power machine learning applications, data centres, and autonomous vehicles, putting it at the forefront of AI advancements. With an estimated dividend payout in March 2025, NVIDIA remains a top AI stock to watch for its capital appreciation potential and modest dividend income.
Price: $225.12
Market Cap: $3.39 trillion
Dividend Yield: 0.44%
Forward Dividend: $1.00 (Estimated)
Ex-Dividend Date: February 10, 2025
Dividend Per Share: $0.25
Apple, renowned for its innovation in consumer electronics, has embraced AI in its product ecosystem. With a dividend yield of 0.44% and YTD total returns of 18.46%, Apple appeals to dividend-focused investors seeking stability and AI-driven growth. Apple’s recent ventures into AI-driven health tech and augmented reality (AR) suggest long-term growth potential. Apple’s next dividend ex-date is in February 2025, providing steady income alongside solid growth.
Price: $425.20
Market Cap: $3.11 trillion
Dividend Yield: 0.78%
Forward Dividend: $3.32
Ex-Dividend Date: November 21, 2024
Dividend Per Share: $0.83
Microsoft, a key player in cloud computing and AI offers a forward dividend yield of 0.78% and has declared its next dividend at $0.83 per share. Its YTD return is 13.74%. Microsoft’s AI capabilities, such as integrating AI into its Azure cloud services and Office products, provide a solid foundation for growth. The company’s strong dividend history and role in advancing AI in both consumer and enterprise sectors make it a favourite among dividend investors.
Price: $180.49 (GOOG) | $178.88 (GOOGL)
Market Cap: $2.23 trillion (GOOG) | $2.21 trillion (GOOGL)
Dividend Yield: 0.44%
Forward Dividend: $0.80
Ex-Dividend Date: December 9, 2024
Dividend Per Share: $0.20
Alphabet, the parent company of Google, offers two share classes, GOOG and GOOGL, both with a dividend yield of 0.44%. Alphabet has declared a dividend per share of $0.20, with an ex-dividend date in December 2024. The company has shown strong YTD returns of approximately 29.7% across both share classes. Alphabet’s AI developments in search, cloud, and autonomous driving are central to its long-term strategy, attracting investors who value steady growth with a focus on cutting-edge technology.
Price: $186.66
Market Cap: $1.01 trillion
Dividend Yield: 1.32%
Forward Dividend: $2.47
Ex-Dividend Date: December 12, 2024
Dividend Per Share: $0.62
Taiwan Semiconductor Manufacturing Company (TSMC) is a crucial supplier in the AI industry, producing semiconductors that power AI hardware. With a dividend yield of 1.32%, TSMC stands out among AI-related stocks. The company has a YTD return of 95.55% and will issue its next dividend in December 2024. TSMC’s importance in the semiconductor industry, along with its role in AI advancements, makes it a solid option for dividend investors.
Price: $173.58
Market Cap: $835.61 billion
Dividend Yield: 1.22%
Forward Dividend: $2.12 (Estimated)
Ex-Dividend Date: December 19, 2024
Dividend Per Share: $0.53
Broadcom, known for its semiconductor and infrastructure software solutions, is well-positioned in the AI sector. It has an estimated dividend yield of 1.22% and YTD returns of 66.42%. Broadcom’s technology supports AI, cloud computing, and telecommunications. The ex-dividend date is December 19, 2024. Broadcom is attractive for dividend investors due to its reliable income and significant exposure to AI.
Price: $811.81
Market Cap: $790.25 billion
Dividend Yield: 0.64%
Forward Dividend: $5.20
Ex-Dividend Date: November 15, 2024
Dividend Per Share: $1.30
Eli Lilly, a leader in pharmaceuticals, has integrated AI in drug discovery and development. With a dividend yield of 0.64% and an ex-dividend date of November 15, 2024, Eli Lilly offers growth potential in the healthcare AI sector. The company has achieved YTD returns of 37.46%. Its commitment to leveraging AI in personalized medicine and drug trials enhances its appeal to dividend investors looking for exposure to healthcare AI.
Price: $85.50
Market Cap: $676.90 billion
Dividend Yield: 0.97%
Forward Dividend: $0.83
Ex-Dividend Date: December 13, 2024
Dividend Per Share: $0.21
Walmart uses AI to streamline its supply chain, inventory, and customer service operations. Offering a dividend yield of 0.97%, Walmart remains a stable choice for dividend investors. With an ex-dividend date of December 13, 2024, and a YTD return of 61.11%, Walmart’s adoption of AI in retail operations makes it a unique stock for dividend-focused portfolios.
Price: $241.16
Market Cap: $673.68 billion
Dividend Yield: 2.07%
Forward Dividend: $5.00 (Estimated)
Ex-Dividend Date: January 3, 2025
Dividend Per Share: $1.25
JPMorgan Chase & Co., one of the largest banks in the world, uses AI for data analytics, fraud detection, and risk management. With a strong dividend yield of 2.07% and YTD returns of 42.27%, JPMorgan appeals to income-focused investors. The bank’s estimated dividend payout in January 2025 reflects its robust financial health and commitment to AI-driven innovations in banking.
For dividend investors, AI stocks offer a unique combination of steady income and growth potential. NVIDIA, Apple, Microsoft, and Alphabet continue to lead in AI technology, with stable dividend payouts that enhance their appeal. Taiwan Semiconductor and Broadcom add exposure to AI hardware, while Eli Lilly, Walmart, and JPMorgan provide sectoral diversification in healthcare, retail, and banking. Each of these stocks offers unique advantages in AI-driven innovation, making them attractive for income-focused investors seeking growth opportunities in the AI sector.
