The 25 Highest Dividend Stocks by Yield
By: Ned Piplovic,
Finding the highest dividend stocks is income investors’ ultimate goal. In pursuit of that goal, investors use common financial analysis methods, as well as develop their individual metrics and strategies.
As most investors should know, high dividend yields are not necessarily good indications of high returns. The nature of the dividend yield is that it represents only the ratio of the total annual dividend distribution amount and the equity’s current share price.
Income investors also look for long streaks of rising dividend payouts, which could result in a rising dividend yield. However, the dividend yield growth could also be caused by a share price decline. Therefore, investors must use additional metrics even in their initial search for equities with good total returns to minimize possible losses and choose the equities with the best return potential.
Market analysis can include dozens of criteria to find the optimal equities for one’s investment portfolio. However, to keep the list below as broad as possible, no equities have been excluded based on market capitalization, total returns over the past three or five years, dividend payout ratio levels or any number of potential filter criteria.
The list below — generated with the Dividend Screener tool available at DividendInvestor.com — excludes funds, trusts, exchange notes, etc.
The list below comprises the 25 stocks that meet the basic criteria mentioned above.
The 25 highest dividend Stocks by Yield: #25
MGM Growth Properties LLC (NYSE:MGP)
Market Cap: $5.63B
Sector: Financials
First Dividend Paid: 2016
Consecutive Annual Dividend Hikes: 4 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $36.73
Projected 12 Month Dividend Yield: 5.61%
Trailing 12 Month Dividend Yield: 5.33%
The 25 Highest Dividend Stocks by Yield: #24
Atlantica Yield Plc (NASDAQ:AY)
Market Cap: $4.01B
Sector: Utilities
First Dividend Paid: 2014
Consecutive Annual Dividend Hikes: 4 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $37.56
Projected 12 Month Dividend Yield: 4.58%
Trailing 12 Month Dividend Yield: 4.50%
The 25 Highest Dividend Stocks by Yield: #23
Gladstone Investment Corporation (NASDAQ:GAIN)
Market Cap: $470.85M
Sector: Financials
First Dividend Paid: 2005
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Annually
Latest Close Stock Price: $14.18
Projected 12 Month Dividend Yield: 5.92%
Trailing 12 Month Dividend Yield: 6.35%
The 25 Highest Dividend Stocks by Yield: #22
Gaming & Leisure Properties, Inc (NASDAQ:GLPI)
Market Cap: $10.91B
Sector: Financials
First Dividend Paid: 2014
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $46.88
Projected 12 Month Dividend Yield: 5.72%
Trailing 12 Month Dividend Yield: 5.38%
The 25 Highest Dividend Stocks by Yield: #21
Omega Healthcare Investors, Inc. (NYSE:OHI)
Market Cap: $8.55B
Sector: Financials
First Dividend Paid: 1992
Consecutive Annual Dividend Hikes: 17 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $36.33
Projected 12 Month Dividend Yield: 7.38%
Trailing 12 Month Dividend Yield: 7.38%
The 25 Highest Dividend Stocks by Yield: #20
EPR Properties (NYSE:EPR)
Market Cap: $3.97B
Sector: Financials
First Dividend Paid: 1997
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Annually
Latest Close Stock Price:
Projected 12 Month Dividend Yield: 0.00%
Trailing 12 Month Dividend Yield: N/A
The 25 Highest Dividend Stocks by Yield: #19
Magellan Midstream Partners LP (NYSE:MMP)
Market Cap: $11.32B
Sector: Energy
First Dividend Paid: 2001
Consecutive Annual Dividend Hikes: 19 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $50.68
Projected 12 Month Dividend Yield: 8.11%
Trailing 12 Month Dividend Yield: 8.11%
The 25 Highest Dividend Stocks by Yield: #18
Enterprise Products Partners L.P. (NYSE:EPD)
Market Cap: $53.67B
Sector: Energy
First Dividend Paid: 1998
Consecutive Annual Dividend Hikes: 19 years
Dividend Frequency: Semiannually
Latest Close Stock Price: $24.56
Projected 12 Month Dividend Yield: 7.33%
Trailing 12 Month Dividend Yield: 7.29%
The 25 Highest Dividend Stocks by Yield: #17
Altria Group, Inc. (NYSE:MO)
Market Cap: $86.74B
Sector: Consumer Products
First Dividend Paid: 1928
Consecutive Annual Dividend Hikes: 11 years
Dividend Frequency: Qaurterly
Latest Close Stock Price: $46.87
Projected 12 Month Dividend Yield: 7.34%
Trailing 12 Month Dividend Yield: 7.34%
The 25 Highest Dividend Stocks by Yield: #16
Brookfield Property Partners LP (NASDAQ:BPY)
Market Cap: $4.81B
Sector: Financials
First Dividend Paid: 2013
Consecutive Annual Dividend Hikes: 7 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $18.49
Projected 12 Month Dividend Yield: 0.00%
Trailing 12 Month Dividend Yield: 7.19%
The 25 Highest Dividend Stocks by Yield: #15
StoneCastle Financial Corporation (NASDAQ:BANX)
Market Cap: $133.20M
Sector: Financials
First Dividend Paid: 2013
Consecutive Annual Dividend Hikes: 4 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $22.20
Projected 12 Month Dividend Yield: 6.85%
Trailing 12 Month Dividend Yield: 7.07%
The 25 Highest Dividend Stocks by Yield: #14
Enviva Partners LP (NYSE:EVA)
Market Cap: $1.97B
Sector: Materials
First Dividend Paid: 2015
Consecutive Annual Dividend Hikes: 5 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $49.10
Projected 12 Month Dividend Yield: 6.40%
Trailing 12 Month Dividend Yield: 6.32%
The 25 Highest Dividend Stocks by Yield: #13
TPG Specialty Lending, Inc. (NYSE:TSLX)
Market Cap: $1.60B
Sector: Financials
First Dividend Paid: 2014
Consecutive Annual Dividend Hikes: 4 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $22.09
Projected 12 Month Dividend Yield: 7.42%
Trailing 12 Month Dividend Yield: 14.03%
The 25 Highest Dividend Stocks by Yield: #12
Capital Southwest Corporation (NASDAQ:CSWC)
Market Cap: $532.49M
Sector: Financials
First Dividend Paid: 1990
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $25.40
Projected 12 Month Dividend Yield: 6.77%
Trailing 12 Month Dividend Yield: 8.15%
The 25 Highest Dividend Stocks by Yield: #11
Westlake Chemical Partners LP (NYSE:WLKP)
Market Cap: $0
Sector: Materials
First Dividend Paid: 2014
Consecutive Annual Dividend Hikes: 6 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $26.62
Projected 12 Month Dividend Yield: 7.10%
Trailing 12 Month Dividend Yield: 7.08%
The 25 Highest Dividend Stocks by Yield: #10
Manhattan Bridge Capital, Inc. (NASDAQ:LOAN)
Market Cap: $66.38M
Sector: Financials
First Dividend Paid: 2003
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $6.90
Projected 12 Month Dividend Yield: 7.25%
Trailing 12 Month Dividend Yield: 6.09%
The 25 Highest Dividend Stocks by Yield: #9
Ares Commercial Real Estate Corp (NYSE:ACRE)
Market Cap: $660.57M
Sector: Financials
First Dividend Paid: 2012
Consecutive Annual Dividend Hikes: 5 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $16.31
Projected 12 Month Dividend Yield: 8.09%
Trailing 12 Month Dividend Yield: 8.22%
The 25 Highest Dividend Stocks by Yield: #8
Shell Midstream Partners LP (NYSE:SHLX)
Market Cap: $1.05B
Sector: Energy
First Dividend Paid: 2015
Consecutive Annual Dividend Hikes: 5 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $15.50
Projected 12 Month Dividend Yield: 11.87%
Trailing 12 Month Dividend Yield: 11.87%
The 25 Highest Dividend Stocks by Yield: #7
Great Ajax Corporation (NYSE:AJX)
Market Cap: $283.45M
Sector: Financials
First Dividend Paid: 2015
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $12.33
Projected 12 Month Dividend Yield: 6.16%
Trailing 12 Month Dividend Yield: 5.68%
The 25 Highest Dividend Stocks by Yield: #6
PBF Logistics LP (NYSE:PBFX)
Market Cap: $276.98M
Sector: Energy
First Dividend Paid: 2014
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $15.02
Projected 12 Month Dividend Yield: 7.99%
Trailing 12 Month Dividend Yield: 7.99%
The 25 Highest Dividend Stocks by Yield: #5
Dorchester Minerals LP (NASDAQ:DMLP)
Market Cap: $553.84M
Sector: Financials
First Dividend Paid: 2003
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $15.97
Projected 12 Month Dividend Yield: 7.89%
Trailing 12 Month Dividend Yield: 6.87%
The 25 Highest Dividend Stocks by Yield: #4
Invesco Mortgage Capital, Inc. (NYSE:IVR)
Market Cap: $992.98M
Sector: Financials
First Dividend Paid: 2009
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $4.03
Projected 12 Month Dividend Yield: 14.64%
Trailing 12 Month Dividend Yield: 18.36%
The 25 Highest Dividend Stocks by Yield: #3
Delek Logistics Partners LP (NYSE:DKL)
Market Cap: $1.82B
Sector: Energy
First Dividend Paid: 2003
Consecutive Annual Dividend Hikes: 7 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $41.95
Projected 12 Month Dividend Yield: 8.77%
Trailing 12 Month Dividend Yield: 8.67%
The 25 Highest Dividend Stocks by Yield: #2
Vector Group Ltd (NYSE:VGR)
Market Cap: $2.11B
Sector: Consumer Products
First Dividend Paid: 1990
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $13.69
Projected 12 Month Dividend Yield: 5.84%
Trailing 12 Month Dividend Yield: 5.84%
The 25 Highest Dividend Stocks by Yield: #1
Green Plains Partners LP (NASDAQ:GPP)
Market Cap: $290.33M
Sector: Energy
First Dividend Paid: 2015
Consecutive Annual Dividend Hikes: 0 years
Dividend Frequency: Quarterly
Latest Close Stock Price: $12.51
Projected 12 Month Dividend Yield: 3.84%
Trailing 12 Month Dividend Yield: 3.84%
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Ned Piplovic is the assistant editor of website content at Eagle Financial Publications. He graduated from Columbia University with a Bachelor’s degree in Economics and Philosophy. Prior to joining Eagle, Ned spent 15 years in corporate operations and financial management. Ned writes for www.DividendInvestor.com and www.StockInvestor.com.
