High-Yield Dividend Stocks in the Nasdaq-100 and a Top Pick

The Nasdaq-100 is known for large- and mega-cap growth companies rather than being a dividend destination. The largest exchange-traded fund (ETF) tracking the Nasdaq-100 yields a mere 0.4%, which is lower than the roughly 1% found in an S&P 500 index fund.

The quest to find high-dividend stocks in the Nasdaq-100 comprises just eight names, including Mondelez. Although tech-heavy, the index has exposure to consumer staples, accounting for 2.1% of the index, with three components from that sector yielding 3% or more.

Mondelez is one of three consumer staples stocks in the Nasdaq-100 yielding at least 3%, alongside Kraft Heinz and PepsiCo. Mondelez has beaten Kraft and Pepsi over the past 10 years.

Additionally, three utility stocks consisting of American Electric Power, Exelon, and Xcel Energy are among the eight Nasdaq-100 stocks yielding 3% or more. These utility stocks have clear ties to the artificial intelligence trade.