Below is a list of the 20 top dividend payers.
That's not to say you should then sell them in 2018, it's to say that Morgan Stanley believes these companies are poised to perform well over the next three years.
Company
|
Ticker
|
Mcap
|
P/E
|
P/B
|
P/S
|
Yield
|
Healthcare Trust of America
|
2.47B
|
274.00
|
1.86
|
8.09
|
5.29%
|
|
Hawaiian
Electric Industries Inc.
|
2.51B
|
18.43
|
1.54
|
0.76
|
4.87%
|
|
Canadian Imperial Bank of Comm.
|
32.40B
|
10.17
|
2.08
|
2.82
|
4.59%
|
|
Staples,
Inc.
|
9.64B
|
-
|
1.60
|
0.40
|
3.25%
|
|
Nucor
Corporation
|
15.91B
|
38.37
|
2.11
|
0.86
|
2.95%
|
|
Sempra
Energy
|
21.44B
|
22.12
|
2.00
|
2.05
|
2.86%
|
|
Bancolombia
S.A.
|
12.30B
|
14.55
|
2.06
|
2.91
|
2.86%
|
|
Equity
LifeStyle Properties, Inc.
|
2.93B
|
35.97
|
3.97
|
4.10
|
2.84%
|
|
Ryder
System, Inc.
|
3.07B
|
13.83
|
1.98
|
0.48
|
2.28%
|
|
ProAssurance
Corporation
|
2.85B
|
8.81
|
1.22
|
3.87
|
2.17%
|
|
Protective
Life Corp.
|
3.35B
|
11.09
|
0.87
|
0.92
|
1.90%
|
|
Weight
Watchers International
|
2.11B
|
8.85
|
-
|
1.18
|
1.86%
|
|
Axiall
Corporation
|
2.66B
|
12.61
|
1.10
|
0.68
|
1.68%
|
|
Stantec
Inc.
|
2.44B
|
19.46
|
3.18
|
1.49
|
1.21%
|
|
Regal
Beloit Corporation
|
3.06B
|
16.14
|
1.53
|
0.99
|
1.17%
|
|
Canadian
Pacific Railway Limited
|
21.97B
|
32.05
|
4.03
|
3.81
|
1.08%
|
|
Ralph
Lauren Corporation
|
14.98B
|
20.86
|
3.98
|
2.14
|
0.97%
|
|
Zimmer
Holdings, Inc.
|
14.17B
|
20.67
|
2.41
|
3.14
|
0.95%
|
|
Flowserve
Corp.
|
8.89B
|
20.17
|
5.18
|
1.84
|
0.90%
|
|
Whole
Foods Market, Inc.
|
21.63B
|
40.17
|
5.72
|
1.68
|
Company
|
Ticker
|
Mcap
|
P/E
|
P/B
|
P/S
|
Yield
|
Eni
SpA
|
87.85B
|
28.53
|
1.12
|
0.53
|
4.62%
|
|
Canadian Imperial Bank of Comm.
|
32.18B
|
10.15
|
2.10
|
2.82
|
4.54%
|
|
The Bank Of Nova Scotia
|
68.97B
|
11.85
|
1.86
|
3.87
|
3.98%
|
|
TransCanada
Corp.
|
31.41B
|
21.89
|
2.06
|
3.84
|
3.94%
|
|
Philip
Morris International, Inc.
|
147.56B
|
17.53
|
-
|
1.88
|
3.76%
|
|
The
Dow Chemical Company
|
47.09B
|
19.18
|
2.45
|
0.83
|
3.22%
|
|
Avalonbay
Communities Inc.
|
17.19B
|
84.20
|
2.01
|
13.86
|
3.22%
|
|
Republic
Services, Inc.
|
12.40B
|
27.13
|
1.61
|
1.52
|
3.04%
|
|
Edison
International
|
15.00B
|
11.31
|
1.60
|
1.20
|
2.93%
|
|
Nucor
Corporation
|
16.06B
|
38.75
|
2.13
|
0.87
|
2.92%
|
|
Sempra
Energy
|
21.13B
|
21.80
|
1.97
|
2.02
|
2.90%
|
|
Bancolombia
S.A.
|
12.14B
|
14.54
|
2.02
|
2.91
|
2.89%
|
|
Deere
& Company
|
32.35B
|
9.62
|
3.77
|
0.85
|
2.43%
|
|
Dell
Inc.
|
24.39B
|
18.26
|
2.26
|
0.43
|
2.31%
|
|
Xerox
Corp.
|
12.48B
|
10.90
|
1.06
|
0.57
|
2.27%
|
|
Cardinal
Health, Inc.
|
18.22B
|
55.67
|
3.05
|
0.18
|
2.26%
|
|
Agrium
Inc.
|
13.41B
|
9.87
|
1.83
|
0.81
|
2.22%
|
|
Illinois
Tool Works Inc.
|
34.39B
|
14.54
|
3.36
|
2.03
|
2.20%
|
|
ACE
Limited
|
32.40B
|
10.05
|
1.19
|
1.72
|
2.15%
|
|
St.
Jude Medical Inc.
|
15.24B
|
25.32
|
3.97
|
2.80
|
1.86%
|