High-Yield Dividend Stocks

This page lists publicly traded companies and funds that offer a dividend yield of at least 4%. Additionally, these companies trade on the New York Stock Exchange or the NASDAQ. With a dividend yield above 4%, these companies have some of the highest dividend yields in the world. The dividend yield and annual payout listed reflect the previous 12 months of dividend payments. For more information, read this article on the significance of high-yield dividend stocks.

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Country
Market Cap
Stock Type
Consensus Rating
CompanyCurrent PriceDividend YieldAnnual PayoutPayout Ratio3-Year Dividend GrowthYears of Dividend GrowthEx-Dividend Date
ZIM Integrated Shipping Services Ltd. stock logo
ZIM
ZIM Integrated Shipping Services
$10.53
-3.3%
88.79%$9.3586.49%N/AN/AN/A
ARMOUR Residential REIT, Inc. stock logo
ARR
ARMOUR Residential REIT
$4.33
-3.8%
22.20%$0.9691.43%-17.79%N/AN/A
Icahn Enterprises L.P. stock logo
IEP
Icahn Enterprises
$19.90
-0.7%
20.10%$4.00283.69%N/AN/AN/A
Office Properties Income Trust stock logo
OPI
Office Properties Income Trust
$4.65
-4.1%
21.51%$1.00-100.00%N/AN/AN/A
Oxford Lane Capital Corp. stock logo
OXLC
Oxford Lane Capital
$4.91
-1.2%
19.55%$0.9696.00%-17.79%110/16/2023
Frontline plc stock logo
FRO
Frontline
$18.36
+0.3%
17.43%$3.2099.69%14.47%1N/A
Diana Shipping Inc. stock logo
DSX
Diana Shipping
$3.45
-0.6%
17.39%$0.60146.34%N/AN/AN/A
Companhia Siderúrgica Nacional stock logo
SID
Companhia Siderúrgica Nacional
$2.38
-0.8%
17.68%$0.42131.25%N/AN/AN/A
Brandywine Realty Trust stock logo
BDN
Brandywine Realty Trust
$4.26
-2.1%
17.84%$0.76-380.00%N/AN/A10/3/2023
Eagle Point Credit Company Inc. stock logo
ECC
Eagle Point Credit
$9.98
-0.4%
16.83%$1.68122.63%-12.28%210/10/2023
Ecopetrol S.A. stock logo
EC
Ecopetrol
$11.38
-10.3%
17.85%$2.0397.60%12.69%N/A12/19/2023
Global Net Lease, Inc. stock logo
GNL
Global Net Lease
$9.46
-3.5%
16.91%$1.60110.34%-3.40%N/AN/A
TORM plc stock logo
TRMD
TORM
$27.65
+0.4%
15.84%$4.3861.17%N/A1N/A
Invesco Mortgage Capital Inc. stock logo
IVR
Invesco Mortgage Capital
$9.89
-2.5%
16.18%$1.6037.56%-43.43%N/A10/5/2023
AFC Gamma, Inc. stock logo
AFCG
AFC Gamma
$12.26
-1.9%
15.66%$1.92107.26%N/AN/A9/28/2023
Granite Point Mortgage Trust Inc. stock logo
GPMT
Granite Point Mortgage Trust
$4.93
-3.1%
16.23%$0.80216.22%-17.31%N/A9/29/2023
TriplePoint Venture Growth BDC Corp. stock logo
TPVG
TriplePoint Venture Growth BDC
$10.12
-1.4%
15.82%$1.6090.91%0.23%2N/A
Ellington Residential Mortgage REIT stock logo
EARN
Ellington Residential Mortgage REIT
$6.28
-1.9%
15.29%$0.9694.12%-4.12%N/A9/28/2023
Cherry Hill Mortgage Investment Co. stock logo
CHMI
Cherry Hill Mortgage Investment
$3.94
-2.2%
15.23%$0.6072.29%-15.34%N/A9/28/2023
AGNC Investment Corp. stock logo
AGNC
AGNC Investment
$9.45
-2.3%
15.24%$1.4467.61%-10.37%N/A9/28/2023
Portman Ridge Finance Co. stock logo
PTMN
Portman Ridge Finance
$18.93
-2.6%
14.58%$2.7689.90%N/A2N/A
Big 5 Sporting Goods Co. stock logo
BGFV
Big 5 Sporting Goods
$6.78
-2.9%
14.75%$1.00196.08%71.00%N/AN/A
Angel Oak Mortgage REIT, Inc. stock logo
AOMR
Angel Oak Mortgage REIT
$8.48
-6.2%
15.09%$1.28-32.90%N/AN/AN/A
Western Asset Mortgage Capital Co. stock logo
WMC
Western Asset Mortgage Capital
$9.41
-4.3%
14.88%$1.40-19.61%-53.58%N/A9/29/2023
DHT Holdings, Inc. stock logo
DHT
DHT
$10.01
-1.0%
13.99%$1.4063.06%-15.66%1N/A
Ellington Financial Inc. stock logo
EFC
Ellington Financial
$12.48
-3.5%
14.42%$1.8098.90%-0.18%N/A9/28/2023
KKR Real Estate Finance Trust Inc. stock logo
KREF
KKR Real Estate Finance Trust
$12.21
-1.5%
14.09%$1.72144.54%N/AN/A9/28/2023
New York Mortgage Trust, Inc. stock logo
NYMT
New York Mortgage Trust
$8.40
-2.7%
14.29%$1.20164.38%-20.63%N/AN/A
MFA Financial, Inc. stock logo
MFA
MFA Financial
$9.87
-2.0%
14.18%$1.40102.19%-25.19%N/A9/29/2023
Monroe Capital Co. stock logo
MRCC
Monroe Capital
$7.14
-1.5%
14.01%$1.0094.34%-10.61%N/AN/A
Apollo Commercial Real Estate Finance, Inc. stock logo
ARI
Apollo Commercial Real Estate Finance
$10.30
-1.2%
13.59%$1.40116.67%-8.71%N/A9/28/2023
TPG RE Finance Trust, Inc. stock logo
TRTX
TPG RE Finance Trust
$6.92
-2.4%
13.87%$0.96154.84%-17.67%N/A9/27/2023
Claros Mortgage Trust, Inc. stock logo
CMTG
Claros Mortgage Trust
$10.83
-3.0%
13.67%$1.48360.98%N/AN/A9/28/2023
Two Harbors Investment Corp. stock logo
TWO
Two Harbors Investment
$13.05
-2.8%
13.79%$1.8089.55%-32.66%N/A10/2/2023
Trinity Capital Inc. stock logo
TRIN
Trinity Capital
$14.31
-1.5%
13.42%$1.92270.42%N/AN/A9/28/2023
Ares Commercial Real Estate Co. stock logo
ACRE
Ares Commercial Real Estate
$9.71
-1.8%
13.59%$1.32160.98%N/AN/A9/28/2023
Nordic American Tankers Limited stock logo
NAT
Nordic American Tankers
$4.00
+0.5%
13.00%$0.5267.53%3.23%N/AN/A
Annaly Capital Management, Inc. stock logo
NLY
Annaly Capital Management
$19.31
-2.1%
13.46%$2.6092.53%-3.79%N/A9/28/2023
PennantPark Investment Co. stock logo
PNNT
PennantPark Investment
$6.37
-0.9%
13.19%$0.84-68.29%-42.07%N/AN/A
Alliance Resource Partners, L.P. stock logo
ARLP
Alliance Resource Partners
$21.49
-2.0%
13.03%$2.8054.16%-11.24%2N/A
FS KKR Capital Corp. stock logo
FSK
FS KKR Capital
$19.72
-1.4%
12.98%$2.5685.91%-5.08%N/AN/A
PennyMac Mortgage Investment Trust stock logo
PMT
PennyMac Mortgage Investment Trust
$12.08
-1.9%
13.25%$1.60112.68%-1.26%N/A10/12/2023
Ardagh Metal Packaging S.A. stock logo
AMBP
Ardagh Metal Packaging
$3.10
-1.9%
12.90%$0.40500.06%N/AN/AN/A
CION Investment Co. stock logo
CION
CION Investment
$10.48
-1.2%
12.98%$1.36188.89%N/AN/A9/28/2023
NexPoint Real Estate Finance, Inc. stock logo
NREF
NexPoint Real Estate Finance
$15.46
-2.5%
12.94%$2.00100.50%N/A2N/A
Dynex Capital, Inc. stock logo
DX
Dynex Capital
$11.75
-3.7%
13.28%$1.56-222.86%-8.11%N/AN/A
Uniti Group Inc. stock logo
UNIT
Uniti Group
$4.44
-2.2%
13.51%$0.60142.86%17.49%N/AN/A
Runway Growth Finance Corp. stock logo
RWAY
Runway Growth Finance
$12.74
-1.2%
12.56%$1.60100.00%N/AN/AN/A
Chimera Investment Co. stock logo
CIM
Chimera Investment
$5.67
-1.4%
12.71%$0.7283.72%-17.57%N/A9/28/2023
Great Ajax Corp. stock logo
AJX
Great Ajax
$6.27
-3.5%
12.76%$0.80126.98%-5.01%N/AN/A
AG Mortgage Investment Trust, Inc. stock logo
MITT
AG Mortgage Investment Trust
$5.59
-0.2%
12.88%$0.7298.63%-47.83%N/A9/28/2023
BrightSpire Capital, Inc. stock logo
BRSP
BrightSpire Capital
$6.36
-3.9%
12.58%$0.80-363.64%N/AN/A9/28/2023
Chicago Atlantic Real Estate Finance, Inc. stock logo
REFI
Chicago Atlantic Real Estate Finance
$15.20
-0.6%
12.37%$1.8892.61%N/AN/A9/28/2023
Cool Company Ltd. stock logo
CLCO
Cool
$13.58
-0.6%
12.08%$1.64N/AN/AN/AN/A
Goldman Sachs BDC, Inc. stock logo
GSBD
Goldman Sachs BDC
$14.82
-1.4%
12.15%$1.8083.33%N/AN/A9/28/2023
WhiteHorse Finance, Inc. stock logo
WHF
WhiteHorse Finance
$12.13
-1.3%
12.20%$1.4885.55%N/A1N/A
Barings BDC, Inc. stock logo
BBDC
Barings BDC
$8.67
-0.8%
12.00%$1.0483.87%20.72%5N/A
Prospect Capital Co. stock logo
PSEC
Prospect Capital
$5.97
-2.0%
12.06%$0.7283.72%N/AN/A10/26/2023
OUTFRONT Media Inc. stock logo
OUT
OUTFRONT Media
$10.05
-2.5%
11.94%$1.20203.39%-5.90%1N/A
PennantPark Floating Rate Capital Ltd. stock logo
PFLT
PennantPark Floating Rate Capital
$10.51
-1.4%
11.70%$1.2399.19%N/A1N/A
Generation Income Properties, Inc. stock logo
GIPR
Generation Income Properties
$3.89
-2.0%
12.08%$0.4724.23%N/AN/AN/A
Arbor Realty Trust, Inc. stock logo
ABR
Arbor Realty Trust
$14.73
-0.4%
11.68%$1.7293.99%10.54%9N/A
Bancolombia S.A. stock logo
CIB
Bancolombia
$26.68
-1.6%
13.34%$3.5659.53%27.49%19/28/2023
Hawaiian Electric Industries, Inc. stock logo
HE
Hawaiian Electric Industries
$12.53
+0.6%
11.49%$1.4464.29%3.03%2N/A
Stellus Capital Investment Co. stock logo
SCM
Stellus Capital Investment
$13.69
-2.6%
11.69%$1.6088.40%-4.62%29/28/2023
BlackRock TCP Capital Corp. stock logo
TCPC
BlackRock TCP Capital
$11.68
-2.0%
11.64%$1.3677.27%N/A2N/A
Horizon Technology Finance Co. stock logo
HRZN
Horizon Technology Finance
$11.38
-1.3%
11.60%$1.3280.00%N/A110/17/2023
MidCap Financial Investment Co. stock logo
MFIC
MidCap Financial Investment
$13.57
-0.1%
11.20%$1.5290.48%-10.05%2N/A
Medical Properties Trust, Inc. stock logo
MPW
Medical Properties Trust
$5.05
-4.5%
11.89%$0.6068.97%4.38%N/AN/A
Blackstone Mortgage Trust, Inc. stock logo
BXMT
Blackstone Mortgage Trust
$21.90
-2.0%
11.32%$2.4899.20%N/AN/A9/28/2023
Saratoga Investment Corp. stock logo
SAR
Saratoga Investment
$25.46
-1.1%
11.15%$2.8474.93%N/A2N/A
Oaktree Specialty Lending Co. stock logo
OCSL
Oaktree Specialty Lending
$19.86
-1.3%
11.08%$2.2088.71%21.11%4N/A
Black Stone Minerals, L.P. stock logo
BSM
Black Stone Minerals
$17.22
-1.6%
11.03%$1.90123.38%1.33%3N/A
PetMed Express, Inc. stock logo
PETS
PetMed Express
$10.63
-2.0%
11.29%$1.20222.22%3.57%N/AN/A
SLR Investment Corp. stock logo
SLRC
SLR Investment
$15.23
-1.7%
10.77%$1.6496.47%N/AN/AN/A
Service Properties Trust stock logo
SVC
Service Properties Trust
$7.47
-2.0%
10.71%$0.80-470.59%-24.76%1N/A
Gerdau S.A. stock logo
GGB
Gerdau
$4.87
10.69%$0.5271.23%93.05%N/AN/A
BlackRock Capital Investment Co. stock logo
BKCC
BlackRock Capital Investment
$3.69
-2.1%
10.84%$0.4085.11%-14.50%N/AN/A
Lument Finance Trust, Inc. stock logo
LFT
Lument Finance Trust
$2.20
-3.5%
12.73%$0.28186.67%N/AN/A9/28/2023
Rithm Capital Corp. stock logo
RITM
Rithm Capital
$9.38
-2.6%
10.66%$1.0060.98%-20.63%N/A9/28/2023
Golub Capital BDC, Inc. stock logo
GBDC
Golub Capital BDC
$14.16
-1.5%
10.45%$1.4881.77%-1.58%3N/A
Franklin BSP Realty Trust, Inc. stock logo
FBRT
Franklin BSP Realty Trust
$13.69
-0.9%
10.37%$1.42100.00%N/AN/A9/28/2023
Kimbell Royalty Partners, LP stock logo
KRP
Kimbell Royalty Partners
$15.35
-1.6%
10.16%$1.56109.86%5.97%N/AN/A
Dorian LPG Ltd. stock logo
LPG
Dorian LPG
$29.17
-1.0%
10.28%$3.0098.36%N/AN/AN/A
OneMain Holdings, Inc. stock logo
OMF
OneMain
$39.27
-0.8%
10.19%$4.0053.55%56.05%4N/A
Carlyle Secured Lending, Inc. stock logo
CGBD
Carlyle Secured Lending
$14.67
-1.4%
10.09%$1.4875.90%N/A29/28/2023
Blackstone Secured Lending Fund stock logo
BXSL
Blackstone Secured Lending Fund
$28.10
-0.4%
9.96%$2.8090.32%N/AN/A9/28/2023
Ares Capital Co. stock logo
ARCC
Ares Capital
$19.22
-1.6%
9.99%$1.9284.21%3.03%2N/A
Capital Southwest Co. stock logo
CSWC
Capital Southwest
$22.37
-1.8%
10.01%$2.2486.15%8.04%7N/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$12.71
-0.9%
10.07%$1.2882.58%N/A1N/A
New Mountain Finance Co. stock logo
NMFC
New Mountain Finance
$12.71
-0.9%
10.07%$1.2882.58%N/A1N/A
Gladstone Capital Co. stock logo
GLAD
Gladstone Capital
$9.61
-4.8%
10.30%$0.9984.62%-1.20%2N/A
Alexander's, Inc. stock logo
ALX
Alexander's
$181.41
-2.1%
9.92%$18.0089.02%N/AN/AN/A
Manhattan Bridge Capital, Inc. stock logo
LOAN
Manhattan Bridge Capital
$4.51
-0.2%
9.98%$0.4593.75%1.37%N/A10/6/2023
Hercules Capital, Inc. stock logo
HTGC
Hercules Capital
$16.14
-2.4%
9.91%$1.6082.47%2.56%3N/A
Silver Spike Investment Corp. stock logo
SSIC
Silver Spike Investment
$9.51
9.67%$0.92N/AN/AN/AN/A
Territorial Bancorp Inc. stock logo
TBNK
Territorial Bancorp
$9.18
-1.0%
10.02%$0.92150.82%1.11%N/AN/A
Starwood Property Trust, Inc. stock logo
STWD
Starwood Property Trust
$19.42
-2.1%
9.89%$1.9294.12%N/AN/A9/28/2023
Gladstone Commercial Co. stock logo
GOOD
Gladstone Commercial
$11.98
-2.7%
10.02%$1.20-500.00%0.11%N/AN/A
Delek Logistics Partners, LP stock logo
DKL
Delek Logistics Partners
$41.03
-3.5%
10.09%$4.14103.76%5.36%10N/A
Kronos Worldwide, Inc. stock logo
KRO
Kronos Worldwide
$7.90
-3.5%
9.63%$0.76155.10%1.82%1N/A
Vodafone Group Public Limited stock logo
VOD
Vodafone Group Public
$9.86
-0.1%
9.74%$0.9692.31%-0.49%1N/A
Blue Owl Capital Co. stock logo
OBDC
Blue Owl Capital
$13.90
-0.1%
9.50%$1.3273.33%26.67%19/28/2023
Kohl's Co. stock logo
KSS
Kohl's
$19.82
-3.5%
10.09%$2.0066.89%-9.29%1N/A
Crescent Capital BDC, Inc. stock logo
CCAP
Crescent Capital BDC
$17.13
-1.7%
9.57%$1.6477.73%N/AN/A9/28/2023
Highwoods Properties, Inc. stock logo
HIW
Highwoods Properties
$20.24
-2.4%
9.88%$2.00243.90%1.72%N/AN/A
Ternium S.A. stock logo
TX
Ternium
$38.43
+0.4%
9.37%$3.6057.14%31.04%1N/A
One Liberty Properties, Inc. stock logo
OLP
One Liberty Properties
$18.70
-0.6%
9.63%$1.80276.92%N/AN/A10/2/2023
USA Compression Partners LP stock logo
USAC
USA Compression Partners
$22.13
-1.6%
9.49%$2.10375.00%N/AN/AN/A
Global Medical REIT Inc. stock logo
GMRE
Global Medical REIT
$8.82
-2.3%
9.52%$0.842,100.00%1.64%2N/A
CTO Realty Growth, Inc. stock logo
CTO
CTO Realty Growth
$15.88
-1.0%
9.57%$1.52-723.81%172.26%N/AN/A
Enel Chile S.A. stock logo
ENIC
Enel Chile
$2.99
-2.9%
9.70%$0.2978.38%-53.39%1N/A
City Office REIT, Inc. stock logo
CIO
City Office REIT
$4.05
-4.3%
9.88%$0.40-235.29%-5.23%N/A10/6/2023
Vitesse Energy, Inc. stock logo
VTS
Vitesse Energy
$22.52
+0.1%
8.88%$2.00N/AN/AN/AN/A
Crestwood Equity Partners LP stock logo
CEQP
Crestwood Equity Partners
$28.78
-1.4%
9.10%$2.62152.33%2.57%1N/A
Altria Group, Inc. stock logo
MO
Altria Group
$41.90
-0.5%
9.36%$3.9275.53%3.91%14N/A
Walgreens Boots Alliance, Inc. stock logo
WBA
Walgreens Boots Alliance
$21.13
-1.0%
9.09%$1.9250.26%2.18%47N/A
Sixth Street Specialty Lending, Inc. stock logo
TSLX
Sixth Street Specialty Lending
$20.13
-1.5%
9.14%$1.8482.88%N/A2N/A
TXO Partners L.P. stock logo
TXO
TXO Partners
$20.99
-1.0%
9.15%$1.92N/AN/AN/AN/A
TXO Partners L.P. stock logo
TXO
TXO Partners
$20.96
-1.1%
9.16%$1.92N/AN/AN/AN/A
NuStar Energy L.P. stock logo
NS
NuStar Energy
$17.51
-2.2%
9.14%$1.60101.91%-12.64%N/AN/A
Foot Locker, Inc. stock logo
FL
Foot Locker
$16.97
-2.7%
9.43%$1.6076.56%0.34%210/12/2023
Greystone Housing Impact Investors LP stock logo
GHI
Greystone Housing Impact Investors
$15.99
-2.6%
9.26%$1.4863.52%N/AN/A9/28/2023
LexinFintech Holdings Ltd. stock logo
LX
LexinFintech
$2.18
-4.4%
9.17%$0.2014.71%N/AN/AN/A
Energy Transfer LP stock logo
ET
Energy Transfer
$13.86
-1.1%
8.95%$1.2486.71%-10.66%2N/A
Kinetik Holdings Inc. stock logo
KNTK
Kinetik
$33.83
-2.1%
8.87%$3.00182.93%N/AN/AN/A
Suburban Propane Partners, L.P. stock logo
SPH
Suburban Propane Partners
$14.60
-2.3%
8.90%$1.3052.85%-18.48%N/AN/A
Mplx Lp stock logo
MPLX
Mplx
$35.11
-0.6%
8.83%$3.1080.52%2.93%9N/A
Easterly Government Properties, Inc. stock logo
DEA
Easterly Government Properties
$11.63
-1.0%
9.12%$1.06623.53%0.64%N/AN/A
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
$7.22
+0.3%
8.86%$0.6471.11%-8.48%N/AN/A
Innovative Industrial Properties, Inc. stock logo
IIPR
Innovative Industrial Properties
$79.46
-2.5%
9.06%$7.20127.89%35.88%59/28/2023
SL Green Realty Corp. stock logo
SLG
SL Green Realty
$35.08
-4.1%
9.26%$3.25-331.63%0.42%N/A9/28/2023
British American Tobacco p.l.c. stock logo
BTI
British American Tobacco
$32.06
-0.3%
9.11%$2.9257.82%0.72%19/28/2023
Spok Holdings, Inc. stock logo
SPOK
Spok
$14.38
+0.6%
8.69%$1.25131.58%35.72%1N/A
Franchise Group, Inc. stock logo
FRG
Franchise Group
$29.88
8.37%$2.5069.44%115.44%N/AN/A
Ladder Capital Corp stock logo
LADR
Ladder Capital
$10.37
-1.9%
8.87%$0.9273.60%-13.51%19/28/2023
Fidus Investment Co. stock logo
FDUS
Fidus Investment
$18.80
-1.5%
8.72%$1.6473.21%-2.63%3N/A
SFL Co. Ltd. stock logo
SFL
SFL
$11.08
-0.6%
8.67%$0.9685.71%-14.34%3N/A
Star Bulk Carriers Corp. stock logo
SBLK
Star Bulk Carriers
$18.69
8.56%$1.6052.12%406.58%N/AN/A
Piedmont Office Realty Trust, Inc. stock logo
PDM
Piedmont Office Realty Trust
$5.48
-4.5%
9.12%$0.50-333.33%N/AN/AN/A
Westlake Chemical Partners LP stock logo
WLKP
Westlake Chemical Partners
$22.03
-0.6%
8.58%$1.8998.44%1.55%N/AN/A
Sabra Health Care REIT, Inc. stock logo
SBRA
Sabra Health Care REIT
$13.75
-2.2%
8.73%$1.20210.53%-12.64%N/AN/A
Atlantica Sustainable Infrastructure plc stock logo
AY
Atlantica Sustainable Infrastructure
$20.43
-2.4%
8.71%$1.78312.28%4.08%6N/A
Sinclair, Inc. stock logo
SBGI
Sinclair
$10.58
-3.8%
9.45%$1.0027.86%7.72%1N/A
Western Midstream Partners, LP stock logo
WES
Western Midstream Partners
$26.34
-2.3%
8.54%$2.2572.12%-27.14%N/AN/A
Himax Technologies, Inc. stock logo
HIMX
Himax Technologies
$5.68
-0.2%
8.27%$0.4787.04%N/AN/AN/A
Eagle Bancorp, Inc. stock logo
EGBN
Eagle Bancorp
$21.46
-1.2%
8.39%$1.8064.29%56.92%2N/A
Washington Trust Bancorp, Inc. stock logo
WASH
Washington Trust Bancorp
$26.83
+0.0%
8.35%$2.2483.58%2.91%129/29/2023
Creative Media & Community Trust Co. stock logo
CMCT
Creative Media & Community Trust Co.
$4.03
+0.8%
8.44%$0.34-33.33%-27.73%1N/A
Global Ship Lease, Inc. stock logo
GSL
Global Ship Lease
$18.22
+0.2%
8.23%$1.5016.91%N/A1N/A
Townsquare Media, Inc. stock logo
TSQ
Townsquare Media
$8.80
-1.3%
8.52%$0.7542.61%N/AN/A9/29/2023
Medifast, Inc. stock logo
MED
Medifast
$76.87
-1.2%
8.59%$6.6086.84%24.74%3N/A
Global Partners LP stock logo
GLP
Global Partners
$32.58
-3.7%
8.29%$2.7073.17%5.63%3N/A
Banco de Chile stock logo
BCH
Banco de Chile
$19.97
-0.7%
8.11%$1.6269.83%9.05%2N/A
Hess Midstream LP stock logo
HESM
Hess Midstream
$29.65
-0.2%
8.09%$2.4090.91%11.84%6N/A
Lufax Holding Ltd stock logo
LU
Lufax
$1.09
-0.9%
8.26%$0.0969.24%N/AN/A10/11/2023
UWM Holdings Co. stock logo
UWMC
UWM
$4.83
-1.2%
8.29%$0.40800.16%N/AN/AN/A
Northwest Bancshares, Inc. stock logo
NWBI
Northwest Bancshares
$9.93
-1.5%
8.06%$0.8088.89%3.57%N/AN/A
Omega Healthcare Investors, Inc. stock logo
OHI
Omega Healthcare Investors
$33.31
-1.2%
8.05%$2.68181.08%0.38%N/AN/A
Healthcare Realty Trust Incorporated stock logo
HR
Healthcare Realty Trust
$15.02
-2.6%
8.26%$1.24-326.32%1.10%N/AN/A
Modiv Industrial, Inc. stock logo
MDV
Modiv Industrial
$15.77
+5.7%
7.29%$1.151,916.67%N/AN/A9/28/2023
EPR Properties stock logo
EPR
EPR Properties
$41.32
-2.8%
7.99%$3.30135.25%-10.28%19/28/2023
FAT Brands Inc. stock logo
FAT
FAT Brands
$6.70
-4.6%
8.36%$0.56-14.97%N/A2N/A
Verizon Communications Inc. stock logo
VZ
Verizon Communications
$32.98
-0.5%
7.91%$2.6155.89%N/A1910/6/2023
AllianceBernstein Holding L.P. stock logo
AB
AllianceBernstein
$30.91
-1.5%
7.89%$2.4478.71%15.13%N/AN/A
Cracker Barrel Old Country Store, Inc. stock logo
CBRL
Cracker Barrel Old Country Store
$63.73
-0.3%
8.16%$5.2092.53%0.65%N/A10/19/2023
Euroseas Ltd. stock logo
ESEA
Euroseas
$26.30
-0.5%
7.60%$2.0018.32%N/AN/AN/A
Antero Midstream Co. stock logo
AM
Antero Midstream
$11.82
-0.7%
7.62%$0.9097.83%-13.44%N/AN/A
Hudson Pacific Properties, Inc. stock logo
HPP
Hudson Pacific Properties
$6.75
+2.0%
7.41%$0.50-56.82%N/AN/AN/A
KeyCorp stock logo
KEY
KeyCorp
$10.43
-1.9%
7.86%$0.8261.19%3.62%11N/A
TC Energy Co. stock logo
TRP
TC Energy
$35.66
-2.2%
7.88%$2.8193.36%6.56%19/28/2023
First Interstate BancSystem, Inc. stock logo
FIBK
First Interstate BancSystem
$24.71
+0.2%
7.61%$1.8874.31%11.09%10N/A
Vinci Partners Investments Ltd. stock logo
VINP
Vinci Partners Investments
$10.43
-0.6%
7.67%$0.8094.12%N/AN/AN/A
Enbridge Inc. stock logo
ENB
Enbridge
$33.69
-2.2%
7.81%$2.63127.05%6.06%N/AN/A
Gladstone Investment Co. stock logo
GAIN
Gladstone Investment
$12.62
-1.1%
7.61%$0.9691.43%3.89%3N/A
Broadstone Net Lease, Inc. stock logo
BNL
Broadstone Net Lease
$14.28
-2.5%
7.84%$1.12196.49%N/A19/28/2023
Spirit Realty Capital, Inc. stock logo
SRC
Spirit Realty Capital
$33.99
-2.3%
7.86%$2.67186.71%1.34%39/28/2023
Orion Office REIT Inc. stock logo
ONL
Orion Office REIT
$5.20
-1.9%
7.69%$0.40-23.39%N/AN/A9/28/2023
Physicians Realty Trust stock logo
DOC
Physicians Realty Trust
$12.02
-2.8%
7.65%$0.92383.33%N/AN/A10/2/2023
Premier Financial Corp. stock logo
PFC
Premier Financial
$16.85
-1.2%
7.36%$1.2456.11%N/A12N/A
CEMIG stock logo
CIG
CEMIG
$2.49
-2.4%
7.63%$0.1945.24%N/AN/AN/A
Truist Financial Co. stock logo
TFC
Truist Financial
$28.26
-2.0%
7.36%$2.0868.65%N/A1N/A
W. P. Carey Inc. stock logo
WPC
W. P. Carey
$54.60
-3.6%
7.84%$4.28165.25%0.81%269/28/2023
Columbia Banking System, Inc. stock logo
COLB
Columbia Banking System
$19.92
+1.0%
7.23%$1.4446.30%2.33%1N/A
Leggett & Platt, Incorporated stock logo
LEG
Leggett & Platt
$24.59
-1.8%
7.48%$1.84107.60%3.27%52N/A
AT&T Inc. stock logo
T
AT&T
$15.02
-0.3%
7.39%$1.1144.58%-12.80%N/AN/A
Enterprise Products Partners L.P. stock logo
EPD
Enterprise Products Partners
$27.21
-0.7%
7.35%$2.0074.35%N/A26N/A
Lincoln National Co. stock logo
LNC
Lincoln National
$24.00
-3.6%
7.50%$1.8022.93%6.74%N/A10/9/2023
Braemar Hotels & Resorts  stock logo
BHR
Braemar Hotels & Resorts
$2.68
7.46%$0.20-24.39%-50.00%N/A9/28/2023
National Grid plc stock logo
NGG
National Grid
$61.55
-1.4%
7.55%$4.65101.53%0.33%1N/A
LTC Properties, Inc. stock logo
LTC
LTC Properties
$31.02
-2.0%
7.35%$2.28120.00%7.72%N/AN/A
Bridge Investment Group Holdings Inc. stock logo
BRDG
Bridge Investment Group
$9.28
-0.6%
7.33%$0.68-850.00%N/AN/AN/A
The First of Long Island Co. stock logo
FLIC
First of Long Island
$11.49
-0.8%
7.31%$0.8470.59%13.92%26N/A
The Western Union Company stock logo
WU
Western Union
$12.97
-1.4%
7.25%$0.9454.97%5.52%N/AN/A
BCE Inc. stock logo
BCE
BCE
$38.51
-2.4%
7.43%$2.86115.79%8.24%N/AN/A
B&G Foods, Inc. stock logo
BGS
B&G Foods
$10.19
-1.3%
7.46%$0.7669.09%-5.27%N/A9/28/2023
Superior Group of Companies, Inc. stock logo
SGC
Superior Group of Companies
$7.79
+0.4%
7.19%$0.5673.68%10.52%2N/A
Sunoco LP stock logo
SUN
Sunoco
$46.47
-2.0%
7.25%$3.3766.60%N/A1N/A
Clipper Realty Inc. stock logo
CLPR
Clipper Realty
$5.32
-0.7%
7.15%$0.3895.00%N/AN/AN/A
Financial Institutions, Inc. stock logo
FISI
Financial Institutions
$16.86
-2.0%
7.12%$1.2037.62%5.07%13N/A
Flushing Financial Co. stock logo
FFIC
Flushing Financial
$12.63
-0.9%
6.97%$0.8892.63%1.56%1N/A
National Health Investors, Inc. stock logo
NHI
National Health Investors
$51.14
-1.9%
7.04%$3.60122.45%-5.01%N/A9/28/2023
NextEra Energy Partners, LP stock logo
NEP
NextEra Energy Partners
$46.90
-3.2%
7.29%$3.42142.50%14.97%9N/A
American Assets Trust, Inc. stock logo
AAT
American Assets Trust
$18.87
-0.5%
7.00%$1.32176.00%3.94%3N/A
Postal Realty Trust, Inc. stock logo
PSTL
Postal Realty Trust
$13.43
-1.3%
7.07%$0.951,055.56%87.65%4N/A
Banco Bilbao Vizcaya Argentaria, S.A. stock logo
BBVA
Banco Bilbao Vizcaya Argentaria
$7.73
-1.4%
7.12%$0.5541.67%8.00%1N/A
Comerica Incorporated stock logo
CMA
Comerica
$39.99
-3.5%
7.10%$2.8445.08%0.50%1N/A
Main Street Capital Co. stock logo
MAIN
Main Street Capital
$40.14
-1.2%
7.03%$2.8272.87%2.28%1210/5/2023
Plains All American Pipeline, L.P. stock logo
PAA
Plains All American Pipeline
$15.19
-3.1%
7.04%$1.0779.26%N/A2N/A
U.S. Energy Corp. stock logo
USEG
U.S. Energy
$1.32
-0.8%
6.82%$0.09-81.82%N/AN/AN/A
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
Kinder Morgan, Inc. stock logo
KMI
Kinder Morgan
$16.47
-1.7%
6.86%$1.1395.76%5.09%6N/A
The Bank of Nova Scotia stock logo
BNS
Bank of Nova Scotia
$45.88
-1.3%
6.97%$3.2059.81%16.33%19/29/2023
Crown Castle Inc. stock logo
CCI
Crown Castle
$91.08
-1.3%
6.87%$6.26195.63%9.31%8N/A
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
Woodside Energy Group Ltd stock logo
WDS
Woodside Energy Group
$23.01
-1.7%
6.78%$1.56N/AN/AN/AN/A
Simon Property Group, Inc. stock logo
SPG
Simon Property Group
$109.15
-2.7%
6.96%$7.60118.01%-5.97%3N/A
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
WPP plc stock logo
WPP
WPP
$44.04
-1.8%
4.31%$1.9029.55%-19.01%N/A10/12/2023
V.F. Co. stock logo
VFC
V.F.
$17.08
-0.8%
7.03%$1.2051.28%1.36%N/AN/A
National Storage Affiliates Trust stock logo
NSA
National Storage Affiliates Trust
$32.54
-0.5%
6.88%$2.24263.53%19.18%9N/A
Patria Investments Limited stock logo
PAX
Patria Investments
$14.58
-1.4%
6.86%$1.00129.87%N/AN/AN/A
Grupo Aval Acciones y Valores S.A. stock logo
AVAL
Grupo Aval Acciones y Valores
$2.44
+0.4%
6.97%$0.1734.69%-2.02%N/A9/28/2023

One of the most metrics used to describe a company’s dividend is its dividend yield. The dividend yield is a calculation of a company’s announced dividend per share divided by its current stock price. In general, the higher the yield, the more attractive the company is as an investment choice.

In this article, we’ll explain the significance of high-yield dividend stocks and how they can benefit investors of all styles. And we’ll also help you identify times when a high yield is a trap that can lead you to buy shares of financially troubled companies.

A company’s dividend yield is a measure of how much money per share a company pays out as a dividend expressed as a percentage. The formula for dividend yield is:

Annual dividend per share/price per share

For example, a company with a share price of $100 that pays a $3 annual dividend per share will have a dividend yield of 3%.

3/100 = .03 (3%)

An accepted definition of a high-yield dividend stocks is one that has a dividend yield above 4%. However, it’s important to compare a stock with others in its sector. For example, a dividend of 2.5% in some sectors is exceptional. In others, a 4% yield is low. Therefore an apt description for investors is that a high-yield dividend stock is a stock with an above-average yield for its sector.

Investing in high-yield dividend stocks is a proven way for investors to grow their wealth. Dividend stocks offer investors a two-pronged benefit of regular, predictable income and the opportunity for capital growth.

In fact, since the financial crisis of 2007, U.S. treasury yields have been at historic lows. This means that many high-yield dividend stocks offer a higher yield than that of U.S. government debt. Plus, investors who reinvest dividend stocks have an ability to generate additional capital growth through share price appreciation.

Many investors buy high-yield dividend stocks to get a regular supplement to their income. That’s why dividend stocks are often thought of in connection to retirees and others living on a fixed income. However, investors who don’t need the money right away can benefit from re-investing their dividends.

Many dividend-paying companies have a dividend reinvestment plan (DRIP).By reinvesting dividends, the regular dividend payment goes into buying more shares of that company’s stock. Over time this strategy has been proven to increase an investor’s total return.

For example, let’s say Simon Property Group (NYSE:SPG) has a dividend yield of approximately 7%, a payout ratio of $6.80, and a share price of around $95. If an investor owns 500 shares on the ex-dividend date, they would receive 25% of the $6.80 or $1.70 per share. That calculates to $850 that would be available to reinvest in SPG stock. And that means that he investor would have purchased almost nine additional shares of the company’s stock.

This is where compounding kicks in. For this example let’s assume the investor holds onto their shares and does not buy additional shares. Furthermore let’s assume there is no change to the SPG stock price and/or dividend payout. In the next quarter, the investor will receive $1.70 per share for 509 shares.

Over time, this reinvestment strategy has a snowball effect where the investor receives additional shares without putting out any of their own capital. Furthermore, if the company increases their dividend, the payout will be even larger.

Yes and no. Many of these companies show consistent revenue and earnings growth. They may have an occasional bad quarter as any company will, but the trend is always towards growth.

That being said, investors can expect that these companies may have less growth than a growth stock that doesn’t pay a dividend. The key with high-yield dividend stocks is consistency. It’s that consistency that will allow a company to sustain or even grow its dividend.

When a High Yield Tells a Different Story

As we said in the introduction, generally speaking a company with a high dividend yield is more attractive to income-oriented investors. However, investors must still perform their own due diligence.

One reason for this is that a dividend yield has an inverse relationship with a company’s stock price. When a company’s share price goes up, the yield will go down. Conversely when a share price falls, the dividend yield rises. Both statements assume that the dividend payout stays the same.

In the case where a share price is rising, investors may want to know why the company is choosing not to increase its dividend. And in the case where the stock price is falling, investors will want to study the company’s fundamentals to ensure that there will not be sustained pressure on revenue and earnings. This is known as a yield trap and it can do harm to investors who are relying on a steady stream of income.

There’s no such thing as a sure thing. And that is true of high-yield dividend stocks. Because of its inverse correlation to share price, dividend yield does not accurately predict a company’s financial position in every circumstance.

However, companies that have a high dividend yield are generally on strong financial footing. And once a company begins to issue a dividend, they will typically make maintaining and/or growing the dividend a priority.

Find out why slow and steady wins the race with DividendStocks.com.