Article updated on March 13th, 2026 by Bob Ciura
Spreadsheet data updated daily
High dividend stocks are stocks with a dividend yield well in excess of the market average dividend yield of ~1.2%.
The resources in this report focus on truly high yielding securities, often with dividend yields multiples higher than the market average.
Resource #1: The High Dividend Stocks List Spreadsheet
Note: The spreadsheet uses the Wilshire 5000 as the universe of securities from which to select, plus a few additional securities we screen for with 5%+ dividend yields.
The free high dividend stocks list spreadsheet has our full list of ~140 individual securities (stocks, REITs, MLPs, etc.) with 5%+ dividend yields.
The high dividend stocks spreadsheet has important metrics to help you find compelling ultra high yield income investing ideas. These metrics include:
- Market cap
- Payout ratio
- Dividend yield
- Trailing P/E ratio
- Annualized 5-year dividend growth rate
Resource #2: The 7 Best High Yield Stocks Now
This resource analyzes the 7 best high-yield stocks in detail. The criteria we use to rank high dividend securities in this resource are:
- Is in the 870+ income security Sure Analysis Research Database
- Rank based on dividend yield, from highest to lowest
- Dividend Risk Scores of C or better
- Based in the U.S.
Additionally, a maximum of three stocks are allowed for any single sector to ensure diversification.
Resource #3: The High Dividend 50 Series
The High Dividend 50 Series is where we analyze the 50 highest-yielding securities in the Sure Analysis Research Database. The series consists of 50 stand-alone analysis reports on these securities.
Resource #4: More High-Yield Investing Research
– How to calculate your income per month based on dividend yield
– The risks of high-yield investing
– Other high dividend research
The 7 Best High Yield Stocks Now
This resource analyzes the 7 best high yielding securities in the Sure Analysis Research Database as ranked by the following criteria:
- Rank based on dividend yield, from lowest to highest
- Dividend Risk Scores of C or better
- Based in the U.S.
Note: Ranking data is from the current edition of the Sure Analysis spreadsheet.
Additionally, a maximum of three stocks are allowed for any single market sector to ensure diversification.
It’s difficult to define ‘best’. Here, we are using ‘best’ in terms of highest yields with reasonable and better dividend safety.
A tremendous amount of research goes into finding these 7 high yield securities. We analyze more than 850 income securities every quarter in the Sure Analysis Research Database. This is real analysis done by our analyst team, not a quick computer screen.
“So I think it was just looking at different companies and I always thought if you looked at 10 companies, you’d find one that’s interesting, if you’d look at 20, you’d find two, or if you look at 100 you’ll find 10. The person that turns over the most rocks wins the game. I’ve also found this to be true in my personal investing.”
– Investing legend Peter Lynch
Click here to download a PDF report for just one of the 850+ income securities we cover in Sure Analysis to get an idea of the level of work that goes into finding compelling income investments for our audience.
The 7 best high yield securities are listed in order by dividend yield below, from lowest to highest.
- High Dividend Stock #7: T. Rowe Price Group (TROW)
- High Dividend Stock #6: Prudential Financial (PRU)
- High Dividend Stock #5: Enterprise Products Partners LP (EPD)
- High Dividend Stock #4: Best Buy Co. (BBY)
- High Dividend Stock #3: Universal Corp. (UVV)
- High Dividend Stock #2: Altria Group (MO)
- High Dividend Stock #1: HP Inc. (HPQ)
High Dividend Stock #7: T. Rowe Price Group (TROW)
- Dividend Yield: 5.9%
- Dividend Risk Score: B
T. Rowe Price Group is one of the largest publicly traded asset managers. The company provides a broad array of mutual funds, sub-advisory services, and separate account management for individual and institutional investors, retirement plans and financial intermediaries.
T. Rowe Price had assets under management (AUM) of nearly $1.8 trillion as of December 31st, 2025.
On February 11th, 2025, T. Rowe Price raised its quarterly dividend 2.4% to $1.27, marking the company’s 39th year of increasing its payout.
On February 4th, 2026, T. Rowe Price announced fourth quarter and full year results for the period ending December 31st, 2025.
For the quarter, revenue grew 6.0% to $1.93 billion, but this was $10 million less than expected. Adjusted earnings-per-share of $2.44 compared favorably to $2.12 in the prior year, but missed estimates by $0.02.
For the year, revenue grew 3.1% to $7.3 billion while adjusted earnings-per-share of $9.72 compared to $9.33 in 2024. During the quarter, AUMs totaled $1.77 trillion, which represented growth of 8.3% year-over-year and a 3.0% improvement quarter-over-quarter.
Market appreciation of $33.9 billion was offset by net cash outflows of $25.5 billion. Operating expenses of $1.46 billion increased 16.5% year-over-year and 17% quarter-over-quarter.
Click here to download our most recent Sure Analysis report on TROW (preview of page 1 of 3 shown below):
High Dividend Stock #6: Prudential Financial (PRU)
- Dividend Yield: 6.0%
- Dividend Risk Score: C
Prudential Financial, now in business for over 140 years, operates in the United States, Asia, Europe and Latin America, with more than $1.6 trillion in assets under management (AUM).
The company provides financial products – including life insurance, annuities, retirement-related services, mutual funds, and investment management.
Prudential operates in four divisions: PGIM (formerly Prudential Investment Management), U.S. Businesses, International Businesses and Corporate & Other.
On February 3rd, 2026, Prudential announced fourth quarter and full year results. For the quarter, the company reported net income of $905 million, or $2.55 per share, versus a net loss of $57 million, or -$0.17 per share, in the prior year.
After-tax adjusted operating income totaled $1.168 billion, or $3.30 per share, compared to $1.068 billion, or $2.96 per share in the prior year. Adjusted EPS was $0.06 below estimates.
For the year, net income of $3.576 billion, or $9.99 per share, was up from $2.727 billion, or $7.50 per share, in 2024. Prudential is expected to earn $14.90 per share in 2026, which would be a 3.3% increase from the prior year.
On February 4th, 2026, Prudential declared a $1.40 quarterly dividend, marking a 3.7% increase.
Click here to download our most recent Sure Analysis report on PRU (preview of page 1 of 3 shown below):
High Dividend Stock #5: Enterprise Products Partners LP (EPD)
- Dividend Yield: 6.0%
- Dividend Risk Score: C
Enterprise Products Partners was founded in 1968. It is structured as a Master Limited Partnership, or MLP, and operates as an oil and gas storage and transportation company.
Enterprise Products has a large asset base which consists of nearly 50,000 miles of natural gas, natural gas liquids, crude oil, and refined products pipelines.
It also has storage capacity of more than 250 million barrels. These assets collect fees based on volumes of materials transported and stored.
On February 3, 2026, Enterprise Products Partners L.P. reported fourth-quarter 2025 results with diluted earnings per common unit of $0.75, exceeding analyst expectations of approximately $0.69.
Revenue reached $13.79 billion, surpassing forecasts around $12.37 billion, reflecting record operational volumes across the company’s integrated midstream platform.
The quarter marked an exceptional achievement with ten operational records, including natural gas processing inlet volumes of 8.1 Bcf/d, NGL fractionation volumes of 1.9 million BPD, ethane marine terminal volumes of 334 MBPD, and total pipeline volumes of 14.1 million BPD-equivalent.
Adjusted EBITDA reached a new quarterly record of $2.7 billion, surpassing the prior high of $2.6 billion from Q4 2024. Operational Distributable Cash Flow totaled $2.2 billion with an impressive 1.8x coverage ratio, supporting a distribution increase of 2.8% year-over-year to $0.55 per unit.
This marked the 27th consecutive year of distribution growth for the company.
Click here to download our most recent Sure Analysis report on EPD (preview of page 1 of 3 shown below):
High Dividend Stock #4: Best Buy Co. (BBY)
- Dividend Yield: 6.1%
- Dividend Risk Score: C
Best Buy Co. Inc. is one of the largest consumer electronics retailers in North America with operations in the U.S. and Canada. Best Buy sells consumer electronics, personal computers, software, mobile devices, and appliances, and provides services.
At the end of Q3 FY2026, Best Buy operated 886 Best Buy stores and 18 Best Buy Outlet Centers in the U.S., 20 Pacific Sales Stores, 2 Yardbird Stores, 129 Best Buy stores in Canada, and 28 Best Buy Mobile Stand-Alone Stores in Canada. Best Buy exited its Mexico operations in fiscal 2021.
Best Buy reported Q4 FY2026 results on March 3rd, 2026. Enterprise revenue decreased to $13,814M from $13,948M, and non-GAAP diluted earnings per share increased to $2.61 from $2.58 on a year-over-year basis. GAAP diluted EPS climbed to $2.56 from $0.54. Comparable enterprise revenue decreased 0.8%.
Domestic revenue fell 1.1% to $12,575M from $12,715M due to soft home theater and appliance sales. Sales were lower for 3 out of 5 categories: Computing and Mobile Phones (+5.4%), Consumer Electronics (-7.3%), Appliances (-10.5%), Entertainment (-0.3%), and Services (+4.6%).
Comparable domestic online sales decreased -2.3% to $4.91B compared to the prior year. Domestic online sales comprised about 39.0% of total domestic revenue.
Click here to download our most recent Sure Analysis report on BBY (preview of page 1 of 3 shown below):
High Dividend Stock #3: Universal Corp. (UVV)
- Dividend Yield: 6.2%
- Dividend Risk Score: B
Universal Corporation is the world’s largest leaf tobacco exporter and importer. The company is the wholesale purchaser and processor of tobacco that operates between farms and the companies that manufacture cigarettes, pipe tobacco, and cigars.
Universal Corporation was founded in 1886 and is headquartered in Richmond, Virginia. With 55 years of dividend increases, Universal Corporation is a Dividend King.
Universal Corporation reported its second quarter earnings results in November. The company generated revenue of $754 million during the quarter, which was considerably more than the revenues that Universal Corporation generated during the previous period.
Revenues were also up on a year-over-year basis. Since Universal Corporation’s business results depend on weather to some degree, ups and downs in its quarterly results are to be expected. Universal’s cost of goods sold was up versus the previous year’s quarter.
Universal’s adjusted earnings-per-share totaled $1.36 during the quarter. In fiscal 2025, Universal Corporation saw its earnings-per-share pull back by close to 10%.
Click here to download our most recent Sure Analysis report on UVV (preview of page 1 of 3 shown below):
High Dividend Stock #2: Altria Group (MO)
- Dividend Yield: 6.3%
- Dividend Risk Score: B
Altria is a tobacco stock that sells cigarettes, chewing tobacco, cigars, e-cigarettes, and more under a variety of brands, including Marlboro, Skoal, and Copenhagen, among others.
The decline in the U.S. smoking rate continues, though it has recently recovered some. In response to the negative long-term trend, Altria has invested heavily in new products that appeal to changing consumer preferences.
On October 30, 2025, Altria Group, Inc. released its 2025 third-quarter results. For the quarter, the company reported net revenues of approximately $6.1 billion, a year-over-year decline of around 3%, driven mainly by lower net revenues in its smokeable and oral tobacco products segments.
Net revenues after excise taxes also dipped by roughly 1.7%. Despite this revenue pressure, Altria delivered stronger profitability with reported diluted earnings per share of about $1.41 and adjusted diluted EPS of $1.45, an increase of about 3.6% compared with the prior year, reflecting higher adjusted operating companies income, cost efficiencies and fewer shares outstanding.
Click here to download our most recent Sure Analysis report on Altria (preview of page 1 of 3 shown below):
High Dividend Stock #1: HP Inc. (HPQ)
- Dividend Yield: 6.4%
- Dividend Risk Score: C
Hewlett-Packard’s story dates back to 1935 with two men in a one-car garage making a huge impact on electronic test equipment, computing, data storage, networking, software and services that has lasted for more than eight decades.
On November 1st, 2015, Hewlett-Packard spun off Hewlett Packard Enterprise Company (HPE) and changed its name to HP Inc. (HPQ). Today HP Inc. has centered its business activities around two main segments: its product portfolio of printers, and its range of so-called personal systems, which includes computers and mobile devices.
HP reported its fourth quarter (fiscal 2025) results on November 25th, 2025.
Source: Investor Presentation
The company reported revenue of $14.6 billion for the quarter, which beat the analyst consensus estimate by a solid $150 million, and which was up 4% from the previous year’s quarter. This was a bit better than the performance of the company during the previous quarter, when revenues had grown at a slightly slower rate.
Non-GAAP earnings-per-share totaled $0.93 during the fourth quarter, which was just ahead of the analyst consensus estimate. HP Inc. saw its operating margin decline over the last year.
The company currently forecasts adjusted earnings-per-share in a range of $0.73 to $0.81 for the first quarter of the current fiscal year, which would mean a weaker result versus the most recent quarter.
For the current year, HP is expected to generate earnings-per-share of around $3.05, with management forecasting free cash flow at around $2.8 billion.
On November 26th, 2025, HP announced that it was raising its quarterly dividend 3.7% to $0.30 per share, extending the company dividend growth streak to 15 years.
Click here to download our most recent Sure Analysis report on HPQ (preview of page 1 of 3 shown below):
The High Dividend 50 Series
The High Dividend 50 Series is a once-a-year individual analysis of the 50 highest-yielding Sure Analysis Research Database stocks, excluding royalty trusts, BDCs, REITs, and MLPs.
Click on a company’s name to view the high dividend 50 series article for that company. A link to the specific Sure Analysis Research Database report page for each security is included as well.
- AGNC Investment Corp. (AGNC) | [See newest Sure Analysis report]
- Atrium Mortgage Investment Corporation (AMIVF) | [See newest Sure Analysis report]
- Apple Hospitality REIT (APLE) | [See newest Sure Analysis report]
- ARMOUR Residential REIT (ARR) | [See newest Sure Analysis report]
- Barings BDC (BBDC) | [See newest Sure Analysis report]
- Diversified Royalty Corp. (BEVFF) | [See newest Sure Analysis report]
- Bridgemarq Real Estate Services (BREUF) | [See newest Sure Analysis report]
- Cogent Communications Holdings (CCOI) | [See newest Sure Analysis report]
- Community Healthcare Trust (CHCT) | [See newest Sure Analysis report]
- Chimera Investment Corp. (CIM) | [See newest Sure Analysis report]
- Cardinal Energy Ltd. (CRLFF) | [See newest Sure Analysis report]
- Cross Timbers Royalty Trust (CRT) | [See newest Sure Analysis report]
- Capital Southwest Corp. (CSWC) | [See newest Sure Analysis report]
- Delek Logistics Partners, LP (DKL) | [See newest Sure Analysis report]
- Dynex Capital, Inc. (DX) | [See newest Sure Analysis report]
- Ellington Credit Co. (EARN) | [See newest Sure Analysis report]
- Ellington Financial (EFC) | [See newest Sure Analysis report]
- Energy Transfer LP (ET) | [See newest Sure Analysis report]
- Fidus Investment Corp (FDUS) | [See newest Sure Analysis report]
- Freehold Royalties Ltd. (FRHLF) | [See newest Sure Analysis report]
- Firm Capital Property Trust (FRMUF) | [See newest Sure Analysis report]
- Golub Capital BDC (GBDC) | [See newest Sure Analysis report]
- Gladstone Capital (GLAD) | [See newest Sure Analysis report]
- Gladstone Commercial (GOOD) | [See newest Sure Analysis report]
- Geopark Limited (GPRK) | [See newest Sure Analysis report]
- Hess Midstream LP (HESM) | [See newest Sure Analysis report]
- Hooker Furnishings (HOFT) | [See newest Sure Analysis report]
- Horizon Technology Finance (HRZN) | [See newest Sure Analysis report]
- Huntsman Corp (HUN) | [See newest Sure Analysis report]
- Innovative Industrial Properties (IIPR) | [See newest Sure Analysis report]
- InPlay Oil Corp. (IPOOF) | [See newest Sure Analysis report]
- LyondellBasell Industries NV (LYB) | [See newest Sure Analysis report]
- Modiv Industrial (MDV) | [See newest Sure Analysis report]
- Midland States Bancorp (MSBI) | [See newest Sure Analysis report]
- Mesa Royalty Trust (MTR) | [See newest Sure Analysis report]
- Blue Owl Capital (OBDC) | [See newest Sure Analysis report]
- Orchid Island Capital (ORC) | [See newest Sure Analysis report]
- Oxford Square Capital Corp. (OXSQ) | [See newest Sure Analysis report]
- Plains All American Pipeline LP (PAA) | [See newest Sure Analysis report]
- Plains GP Holdings LP (PAGP) | [See newest Sure Analysis report]
- PennantPark Floating Rate Capital (PFLT) | [See newest Sure Analysis report]
- Alpine Income Property Trust (PINE) | [See newest Sure Analysis report]
- PermRock Royalty Trust (PRT) | [See newest Sure Analysis report]
- Prospect Capital (PSEC) | [See newest Sure Analysis report]
- Stellus Capital Investment (SCM) | [See newest Sure Analysis report]
- SIR Royalty Income (SIRZF) | [See newest Sure Analysis report]
- Slate Grocery REIT (SRRTF) | [See newest Sure Analysis report]
- Timbercreek Financial (TBCRF) | [See newest Sure Analysis report]
- Sixth Street Specialty Lending (TSLX) | [See newest Sure Analysis report]
- Universal Health Realty Income Trust (UHT) | [See newest Sure Analysis report]
More High-Yield Investing Resources
How To Calculate Your Monthly Income Based On Dividend Yield
A common question for income investors is “how much money can I expect to receive per month from my investment?”
To find your monthly income, follow these steps:
- Find your investment’s dividend yield
Note: Dividend yield can be calculated as dividends per share divided by share price - Multiply it by the current value of your holding
Note: If you haven’t yet invested, multiply dividend yield by the amount you plan to invest - Divide this number by 12 to find monthly income
To find the monthly income from your entire portfolio, repeat the above calculation for each of your holdings and add them together.
You can also use this formula backwards to find the dividend yield you need from your investments to make a certain amount of monthly dividend income.
The example below assumes you want to know what dividend yield you need on a $240,000 investment to generate $1,000/month in dividend income.
- Multiply $1,000 by 12 to find annual income target of $12,000
- Divide $12,000 by your investment amount of $240,000 to find your target yield of 5.0%
In practice most dividend stocks pay dividends quarterly, so you would actually receive 3x the monthly amount quarterly instead of receiving a payment every month. However, some stocks do actually pay monthly dividends.
You can see our monthly dividend stocks list here.
The Risks Of High-Yield Investing
Investing in high-yield stocks is a great way to generate income. But it is not without risks.
First, stock prices fluctuate. Investors need to understand their risk tolerance before investing in high dividend stocks. Share price fluctuations means that your investment can (and almost certainly will) decline in value, at least temporarily (and possibly permanently) do to market volatility.
Second, businesses grow and decline. Investing in a stock gives you fractional ownership in the underlying business. Some businesses grow over time. These businesses are likely to pay higher dividends over time.
The Dividend Champions are an excellent example of this; each has paid rising dividends for 25+ consecutive years.
What’s dangerous is when a business declines. Dividends are paid out of a company’s cash flows. If the business sees its cash flows decline, or worse is losing money, it may reduce or eliminate its dividend.
Business decline is a real risk with high yield investing. Business declines often coincide with and or accelerate during recessions.
A company’s payout ratio gives a good gauge of how much ‘room’ a company has to pay its dividend. The payout ratio is calculated as dividends divided by income.
The lower the payout ratio, the better, because dividends have more earnings coverage.
A company with a payout ratio over 100% is paying out more in dividends than it is making in profits, a long-term unsustainable situation.
For example, a company with a payout ratio of 50% is making double in income what it is paying out in dividends, so it has ‘room’ for earnings to decline significantly without reducing its dividend.
Third, management teams can change their dividend policies. Even if a company isn’t declining, the company’s management team may change priorities and reduce or eliminate its dividend.
In practice, this typically occurs if a company has a high level of debt and wants to focus on debt reduction. But it could in theory happen to any dividend paying stock.
The risks of high yield investing can be reduced (but not eliminated) by investing in higher quality businesses in a diversified portfolio of 20 or more stocks.
This reduces both business decline risk (by investing in high quality businesses) and the shock to your portfolio if any one stock does reduce or eliminate its dividend (through diversification).
Other High Dividend Research
The free spreadsheet of 5%+ dividend yield stocks in this article gives you more than 140 high yield income securities to review. You can download it below:
Investors should continue to monitor each stock to make sure their fundamentals and growth remain on track, particularly among stocks with extremely high dividend yields.
See the resources below to generate additional compelling investment ideas for dividend growth stocks and/or high-yield investment securities.
- Dividend Kings: 50+ years of rising dividends
- Dividend Aristocrats: 25+ years of rising dividends and in the S&P 500








