As a whole, the components of the S&P 500 have an average dividend yield of 1.6%, but there are a few exceptionally high-paying stocks in the benchmark index. In fact, the five highest-paying dividend stocks in the S&P 500 all have yields of at least 6.5%, and some have dramatically outperformed in recent years. Here's a rundown of each company, what it does, and what investors need to keep in mind before buying.

Company

Dividend Yield

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Source Fool.com