Article updated on June 4th, 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
The free high dividend stocks list spreadsheet has our full list of ~200 individual securities (stocks, REITs, MLPs, etc.) with 4%+ 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 900+ 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 900 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 900+ 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: Hormel Foods (HRL)
- High Dividend Stock #5: Kimberly-Clark Corp. (KMB)
- High Dividend Stock #4: Solvay Bank Corp. (SOBS)
- High Dividend Stock #3: Comcast Corp. (CMCSA)
- High Dividend Stock #2: Altria Group (MO)
- High Dividend Stock #1: Muncy Columbia Financial (CCFN)
High Dividend Stock #7: T. Rowe Price Group (TROW)
- Dividend Yield: 5.0%
- Dividend Risk Score: B
T. Rowe Price Group, founded in 1937 and headquartered in Baltimore, MD, 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 more than $1.7 trillion as of March 31st, 2026.
On February 9th, 2026, T. Rowe Price raised its quarterly dividend 2.4% to $1.30, marking the company’s 40th year of increasing its payout.
On April 30th, 2026, T. Rowe Price reported first quarter results for the period ending March 31st, 2026. For the quarter, revenue improved 5.7% to $1.86 billion, which beat estimates by $10 million.
Adjusted earnings-per-share of $2.52 compared favorably to $2.23 in the prior year and was $0.17 better than expected.
During the quarter, ending AUMs totaled $1.71 trillion, which were up 9.2% year-over-year, but down 3.7% 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: Hormel Foods (HRL)
- Dividend Yield: 5.1%
- Dividend Risk Score: B
Hormel Foods was founded in 1891 in Minnesota. Since that time, the company has grown into a juggernaut in the food products industry with about $12.3 billion in annual revenue.
The company sells its products in 80 countries worldwide, and its brands include Skippy, SPAM, Applegate, Justin’s, and more than 30 others.
Hormel posted first quarter earnings on February 26th, 2026, and results were mixed. The company posted slightly higher revenue at +1.3% year-over-year, totaling $3.03 billion. That missed expectations by $30 million.
Adjusted earnings-per-share came to 34 cents, which was two cents better than estimates.
Management noted gross profit was weak enough to offset top line growth as higher input costs and logistics expenses were worse than expected.
Adjusted SG&A was comparable to the year-ago period as a percentage of revenue, as higher employee and legal expenses were offset by reductions in marketing and advertising.
Adjusted operating income was $247 million, while adjusted operating margin was 8.2% of revenue for the quarter. Cash flow from operations was $349 million, rising about $26 million year-over-year.
Click here to download our most recent Sure Analysis report on HRL (preview of page 1 of 3 shown below):
High Dividend Stock #5: Kimberly-Clark Corp. (KMB)
- Dividend Yield: 5.4%
- Dividend Risk Score: B
The Kimberly-Clark Corporation is a global consumer products company that operates in 175 countries and sells disposable consumer goods, including paper towels, diapers, and tissues.
It operates through two segments that each house many popular brands: Personal Care Segment (Huggies, Pull-Ups, Kotex, Depend, Poise) and the Consumer Tissue segment (Kleenex, Scott, Cottonelle, and Viva), generating about $20 billion in annual revenue.
Kimberly-Clark has increased its dividend for 54 consecutive years, making it a member of the extremely prestigious Dividend Kings.
Kimberly-Clark posted first quarter earnings on April 28th, 2026, and results were better than expected on both the top and bottom lines.
Adjusted earnings-per-share came to $1.97, which was four cents ahead of estimates. Revenue was down 2.7% year-over-year to $4.2 billion, but did beat estimates by $110 million.
Click here to download our most recent Sure Analysis report on KMB (preview of page 1 of 3 shown below):
High Dividend Stock #4: Solvay Bank Corp. (SOBS)
- Dividend Yield: 5.5%
- Dividend Risk Score: B
Solvay Bank Corp is a state-chartered independent community bank and the oldest of its kind in Onondaga County, New York. It operates through a network of ten branch locations, including its newest “Smart*Office” in East Syracuse.
The bank provides a comprehensive suite of financial services encompassing commercial and residential lending, a dedicated trust and investment management department, and general insurance via the Solvay Bank Insurance Agency.
Last year, Solvay Bank reported $46.9 million in total interest income. The bank boasts an impressive track record of 34 years of consecutive annual dividend increases.
By April 30th, 2026, Solvay Bank Corp. filed its results for the first quarter ending March 31st, 2026. For the quarter, total interest income reached $12.19 million, resulting in net interest income of $7.02 million after accounting for $5.17 million in interest expense.
The net interest margin for the period stood at 2.43%. These results contributed to a quarterly net income of $1.65 million.
Click here to download our most recent Sure Analysis report on SOBS (preview of page 1 of 3 shown below):
High Dividend Stock #3: Comcast Corp. (CMCSA)
- Dividend Yield: 5.6%
- Dividend Risk Score: B
Comcast is a media, entertainment and communications company. It reports two key business segments: Connectivity & Platforms (Residential Connectivity & Platforms and Business Services Connectivity), and Content & Experiences (Media, Studios, Theme Parks).
Comcast reported its Q1 2026 results on 04/23/2026. Revenue rose 5.3% year over year to $31.5 billion, operating income fell 27% to $4.1 billion, dragged down programming and production cost of $10.9 billion (up 29% year-over-year).
Adjusted earnings fell 31% to $2.9 billion, while adjusted earnings-per-share (EPS) fell 28% to $0.79. Adjusted EBITDA (a cash flow proxy) fell 17% to $7.9 billion and free cash flow came in $3.9 billion.
The Connectivity & Platforms segment’s revenues fell by 1.0% to $20.0 billion. The segment’s adjusted EBITDA fell 4.3% to $7.9 billion with the margin slipping 1.4% to 39.6%.
The Content & Experiences segment’s revenue rose 40% to $11.9 billion, thanks to growth in all operations — Media revenue climbed 61% to $7.3 billion (when excluding Olympics and Super Bowl, Media revenue still rose 13% to $5.1 billion), Studios revenue climbed 21% to $3.4 billion, and Theme Parks revenue rose 24% to $2.3 billion.
Adjusted EBITDA fell 46% to $331 million. Particularly, Media segment reported a loss due to upfront programming and production costs for major sports events and new sports rights.
For the quarter, Comcast repurchased $1.3 billion worth of common stock at an average price of ~$30.95 per share.
Click here to download our most recent Sure Analysis report on CMCSA (preview of page 1 of 3 shown below):
High Dividend Stock #2: Altria Group (MO)
- Dividend Yield: 6.1%
- 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.
This is a period of transition for Altria. The decline in the U.S. smoking rate continues. In response, Altria has invested heavily in new products that appeal to changing consumer preferences, as the smoke-free category continues to grow.
The company also has a 35% investment stake in e-cigarette maker JUUL, and a 45% stake in the Canadian cannabis producer Cronos Group (CRON).
On April 30, 2026, MO shared its financial results for the first quarter ended March 31, 2026. Revenue net of excise taxes grew by 5.2% year-over-year to $4.76 billion in the quarter.
That was primarily due to a 5.2% rise in the Smokeable Products segment revenues net of excise taxes to $4.11 billion during the quarter.
Price increases on its combustible portfolio easily offset the reported 2.4% decrease in domestic cigarette shipment volume for the quarter.
MO’s Oral Tobacco Products segment logged $647 million in revenues net of excise taxes in the quarter, which was a 2.9% increase over the year-ago period.
MO’s adjusted diluted EPS rose by 7.3% year-over-year to $1.32 for the quarter.
Click here to download our most recent Sure Analysis report on Altria (preview of page 1 of 3 shown below):
High Dividend Stock #1: Muncy Columbia Financial (CCFN)
- Dividend Yield: 7.1%
- Dividend Risk Score: B
Muncy Columbia Financial Corporation operates as a financial holding company mainly via its wholly-owned subsidiary, Journey Bank (formerly known as First Columbia Bank & Trust Co.).
As of March 31st, Muncy Columbia had about $1.72 billion in total assets and $1.17 billion in loans. The bank operates 22 branch offices across five counties in Pennsylvania: Clinton, Columbia, Lycoming, Montour, and Northumberland.
On February 18th, 2026 Muncy Columbia raised its dividend by 2.2% to a quarterly rate of $0.46. The bank also declared a special one-time cash dividend of $1.00 per share that was paid on April 23rd, 2026.
On April 20th, 2026, Muncy Columbia posted its Q1 results for the period ending March 31st, 2026. The company posted net interest income of $16.4 million, up 18.6% compared to last year, driven by a $2.1 million increase in interest and dividend income and a $515,000 reduction in interest expense.
Non-interest income rose slightly to $2.5 million, while non-interest expenses decreased to $10.2 million, mainly due to the absence of one-time executive retirement costs, partially offset by higher healthcare costs, salary increases, and professional fees.
EPS was $2.02, compared to $1.23 last year. Total assets increased to $1.72 billion, supported by strong organic deposit growth, while non-performing assets declined to 0.55% of total assets. For FY2026, we expect EPS of $8.00.
Click here to download our most recent Sure Analysis report on CCFN (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 4%+ dividend yield stocks in this article gives you more than 200 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







