Five stocks featured on Bank of America’s US1 list—Apple, Chevron, Lockheed Martin, ExxonMobil, and Raytheon—also offer substantial dividend yields, attracting income-focused investors during periods of elevated market uncertainty. These companies combine growth potential with reliable passive income streams.
- Apple (AAPL), Chevron (CVX), ExxonMobil (XOM), Lockheed Martin (LMT), and Raytheon (RTX) appear on Bank of America’s US1 list.
- Chevron and ExxonMobil offer dividend yields of 3.7% and 3.3%, respectively.
- Lockheed Martin and Raytheon yield 2.5% and 2.9%, reflecting strong defense sector fundamentals.
- Apple’s forward dividend is $1.40 per share with a 0.54% yield.
- CBOE Volatility Index (VIX) reached 21.4 on March 4, 2026, amid market uncertainty.
- The combination of top stock picks and passive income appeals to income-focused investors during volatile periods.
Among the top equity recommendations in Bank of America’s US1 list, five prominent firms stand out not only for their strong earnings outlooks but also for their ability to generate consistent passive income through dividends. Apple (AAPL) leads the group with a forward annual dividend of $1.40 per share, translating to a yield of 0.54%, while also maintaining a market capitalization exceeding $2.8 trillion. Chevron (CVX) and ExxonMobil (XOM) deliver significantly higher yields, at 3.7% and 3.3% respectively, bolstering their appeal in the energy sector amid ongoing supply constraints and geopolitical tensions affecting crude oil markets. Lockheed Martin (LMT) and Raytheon Technologies (RTX), both defense sector leaders, contribute to the list with yields above 2.5% and 2.9%, respectively. Their dividend profiles reflect stable government contracts and rising defense budgets, particularly in response to global security challenges. Combined, these five stocks represent a diversified mix of technology, energy, and defense, sectors that have shown resilience despite a recent spike in the CBOE Volatility Index (VIX), which reached 21.4 on March 4, 2026. The convergence of high-conviction stock picks and robust income generation presents a strategic opportunity for income investors seeking both capital appreciation and reliable cash flow. As interest rate expectations remain volatile, equities with sustainable payouts gain traction, particularly in a backdrop where inflation pressures persist and fixed-income yields remain relatively subdued. The inclusion of these dividend-paying leaders in a premium list underscores a shift toward income- and stability-oriented investing, even within growth-focused portfolios.