Top 10 Large Cap Stocks with Highest Dividend Yield: SDRL, CTL, TEF, LO, STD, RAI, MO, T, NGG, NOK (Feb 20, 2011)

Below are the top 10 Large Cap stocks with highest dividend yields for the last 12 months,

SeaDrill Limited (NYSE:SDRL) has the 1st highest dividend yield in this segment of the market. Its current dividend yield is 7.10%. Its dividend payout ratio was 62.61% for the last 12 months.

CenturyLink, Inc. (NYSE:CTL) has the 2nd highest dividend yield in this segment of the market. Its current dividend yield is 7.03%. Its dividend payout ratio was 93.03% for the last 12 months.

Telefonica S.A. (ADR) (NYSE:TEF) has the 3rd highest dividend yield in this segment of the market. Its current dividend yield is 6.81%. Its dividend payout ratio was 63.09% for the last 12 months.  

Lorillard Inc. (NYSE:LO) has the 4th highest dividend yield in this segment of the market. Its current dividend yield is 6.54%. Its dividend payout ratio was 62.74% for the last 12 months.  

Banco Santander, S.A. (ADR) (NYSE:STD) has the 5th highest dividend yield in this segment of the market. Its current dividend yield is 6.27%. Its dividend payout ratio was 36.77% for the last 12 months.

Reynolds American, Inc. (NYSE:RAI) has the 6th highest dividend yield in this segment of the market. Its current dividend yield is 6.13%. Its dividend payout ratio was 80.72% for the last 12 months.  

Altria Group, Inc. (NYSE:MO) has the 7th highest dividend yield in this segment of the market. Its current dividend yield is 6.13%. Its dividend payout ratio was 78.28% for the last 12 months.

AT&T Inc. (NYSE:T) has the 8th highest dividend yield in this segment of the market. Its current dividend yield is 6.02%. Its dividend payout ratio was 52.33% for the last 12 months.  

National Grid plc (ADR) (NYSE:NGG) has the 9th highest dividend yield in this segment of the market. Its current dividend yield is 6.00%. Its dividend payout ratio was 65.45% for the last 12 months.  

Nokia Corporation (ADR) (NYSE:NOK) has the 10th highest dividend yield in this segment of the market. Its current dividend yield is 5.93%. Its dividend payout ratio was 80.97% for the last 12 months.

Disclosure I am Long SDRL, STD and CTL shares.