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Dividend Stocks by Yield

1,487 U.S.-listed companies that EquiReason covers paid a cash dividend over the last twelve months, ranked by dividend yield. Highest: Invesco Mortgage Capital Inc. (IVR) 23.54%, ARMOUR Residential REIT, Inc. (ARR) 22.73%, Redwood Trust, Inc. (RWT) 22.09%, PennyMac Mortgage Investment Trust (PMT) 22.01%, FS KKR Capital Corp (FSK) 21.48%.

Dividend yield = dividends per share over the last twelve months ÷ latest price · payout ratio = dividends per share ÷ diluted EPS for the last fiscal year (FFO for REITs) · by sector: Real Estate · Financials · Communication Services · Basic Materials · Healthcare · Consumer Cyclical · Consumer Defensive · Technology · Energy · Industrials · Utilities

#CompanySectorDividend yieldPayout ratioMarket cap
1Invesco Mortgage Capital Inc. (IVR)Real Estate23.54%—$586.6M
2ARMOUR Residential REIT, Inc. (ARR)Real Estate22.73%84%$1.9B
3Redwood Trust, Inc. (RWT)Real Estate22.09%—$409.5M
4PennyMac Mortgage Investment Trust (PMT)Real Estate22.01%109%$634.0M
5FS KKR Capital Corp (FSK)Financials21.48%—$3.0B
6BLUE RIDGE BANKSHARES, INC. (BRBS)Financials21.33%—$355.2M
7MFA Financial, Inc. (MFA)Real Estate21.21%81%$686.4M
8BlackRock TCP Capital Corp. (TCPC)Financials21.20%—$348.2M
9Chicago Atlantic Real Estate Finance, Inc. (REFI)Real Estate20.80%112%$231.6M
10Chimera Investment Corporation (CIM)Real Estate19.69%52%$697.3M
11Crescent Capital BDC, Inc. (CCAP)Financials19.62%—$332.0M
12Playtika Holding Corp. (PLTK)Communication Services19.61%—$778.1M
13CION Investment Corp (CION)Financials19.41%—$334.6M
14Dynex Capital, Inc. (DX)Real Estate18.84%72%$2.8B
15FMC Corporation (FMC)Basic Materials18.34%—$559.8M
16PennantPark Floating Rate Capital Ltd. (PFLT)Financials18.28%—$667.7M
17SIGA Technologies, Inc. (SIGA)Healthcare18.13%188%$237.8M
18Bain Capital Specialty Finance, Inc. (BCSF)Financials17.83%—$687.6M
19Blackstone Mortgage Trust, Inc. (BXMT)Real Estate17.80%180%$1.8B
20Sunrise Realty Trust, Inc. (SUNS)Real Estate17.60%126%$92.2M
21Ares Commercial Real Estate Corporation (ACRE)Real Estate17.54%—$189.7M
22New Mountain Finance Corp (NMFC)Financials17.51%—$652.7M
23BrightSpire Capital, Inc. (BRSP)Real Estate17.49%—$456.3M
24NOAH HOLDINGS LTD (NOAH)Financials16.92%—$462.0M
25AGNC Investment Corp. (AGNC)Real Estate16.25%88%$10.5B
26Nuveen Churchill Direct Lending Corp. (NCDL)Financials16.13%—$536.3M
27Annaly Capital Management, Inc. (NLY)Real Estate15.86%87%$14.4B
28Carlyle Secured Lending, Inc. (CGBD)Financials15.84%—$727.3M
29Starwood Property Trust, Inc. (STWD)Real Estate15.69%124%$4.5B
30The Western Union Company (WU)Financials15.44%62%$1.9B
31Apollo Commercial Real Estate Finance, Inc. (ARI)Real Estate15.24%101%$841.1M
32Blue Owl Capital Corp (OBDC)Financials15.14%—$5.0B
33Franklin BSP Realty Trust, Inc. (FBRT)Real Estate15.06%133%$479.8M
34Braemar Hotels & Resorts Inc. (BHR)Real Estate15.04%18%$91.3M
35Community Healthcare Trust Incorporated (CHCT)Real Estate14.94%101%$365.3M
36Innovative Industrial Properties, Inc. (IIPR)Real Estate14.81%—$1.5B
37TPG RE Finance Trust, Inc. (TRTX)Real Estate14.79%115%$492.1M
38Morgan Stanley Direct Lending Fund (MSDL)Financials14.52%—$1.2B
39Blue Owl Technology Finance Corp. (OTF)Financials14.49%—$4.3B
40Here Group Ltd (HERE)Consumer Cyclical14.46%—$75.4M
41Flowers Foods, Inc. (FLO)Consumer Defensive14.13%246%$1.3B
42Cogent Communications Holdings, Inc. (CCOI)Communication Services14.07%—$391.3M
43Brandywine Realty Trust (BDN)Real Estate13.36%—$509.8M
44Ellington Financial Inc. (EFC)Real Estate13.29%157%$1.5B
45Blackstone Secured Lending Fund (BXSL)Financials13.28%125%$5.4B
46Ready Capital Corporation (RC)Real Estate13.14%—$194.9M
47Kayne Anderson BDC, Inc. (KBDC)Financials13.00%—$846.6M
48NexPoint Real Estate Finance, Inc. (NREF)Real Estate12.98%107%$290.4M
49WEIBO Corp (WB)Technology12.89%—$1.5B
50Medical Properties Trust, Inc. (MPT)Real Estate12.73%—$1.6B
51Barings BDC, Inc. (BBDC)Financials12.72%106%$897.3M
52Oaktree Specialty Lending Corp (OCSL)Financials12.61%—$1.0B
53KKR Real Estate Finance Trust Inc. (KREF)Real Estate12.43%—$322.6M
54Spok Holdings, Inc. (SPOK)Healthcare12.28%167%$212.9M
55MSC INCOME FUND, INC. (MSIF)Financials12.22%108%$534.2M
56Millrose Properties, Inc. (MRP)Real Estate11.86%105%$4.2B
57NexPoint Residential Trust, Inc. (NXRT)Real Estate11.78%82%$455.6M
58X Financial (XYF)Financials11.67%11%$189.6M
59Adamas Trust, Inc. (ADAM)Real Estate11.59%—$699.3M
60FIDUS INVESTMENT Corp (FDUS)Financials11.58%103%$724.5M
61GOLUB CAPITAL BDC, Inc. (GBDC)Financials11.57%116%$3.2B
62NexPoint Diversified Real Estate Trust (NXDT)Real Estate11.45%—$278.3M
63Artisan Partners Asset Management Inc. (APAM)Financials11.40%90%$2.8B
64CAPITAL SOUTHWEST CORP (CSWC)Financials11.13%135%$1.5B
65Vitesse Energy, Inc. (VTS)Energy10.94%—$769.7M
66Evolution Petroleum Corporation (EPM)Energy10.84%—$156.3M
67Hercules Capital, Inc. (HTGC)Financials10.84%—$3.1B
68Global Net Lease, Inc. (GNL)Real Estate10.82%—$1.5B
69Rithm Capital Corp. (RITM)Real Estate10.79%68%$5.2B
70FLEX LNG Ltd. (FLNG)Energy10.61%—$1.5B
71FinVolution Group (FINV)Financials10.60%—$688.5M
72Gladstone Commercial Corporation (GOOD)Real Estate10.45%72%$555.7M
73ARES CAPITAL CORP (ARCC)Financials10.36%103%$13.4B
74GLADSTONE CAPITAL CORP (GLAD)Financials10.34%97%$423.8M
75Resources Connection, Inc. (RGP)Industrials10.29%—$94.4M
76Oxford Industries, Inc. (OXM)Consumer Cyclical10.22%—$407.6M
77Papa John's International, Inc. (PZZA)Consumer Cyclical9.92%204%$610.4M
78Ladder Capital Corp (LADR)Real Estate9.83%—$1.2B
79Old Republic International Corporation (ORI)Financials9.70%98%$9.1B
80Sixth Street Specialty Lending, Inc. (TSLX)Financials9.55%—$1.7B
81iHuman Inc. (IH)Consumer Defensive9.43%—$59.3M
82Blue Owl Capital Inc. (OWL)Financials9.36%—$15.1B
83Ardagh Metal Packaging S.A. (AMBP)Consumer Cyclical9.29%—$2.7B
84AH REALTY TRUST INC (AHRT)Real Estate9.27%57%$450.5M
85Upbound Group, Inc. (UPBD)Technology9.23%125%$985.8M
86Mechanics Bancorp (MCHB)Financials9.16%—$3.3B
87Sound Group Inc. (SOGP)Technology9.13%—$47.4M
88Autohome Inc. (ATHM)Technology9.09%—$2.3B
89Conagra Brands, Inc. (CAG)Consumer Defensive8.80%—$6.6B
90Diversified Energy Company (DEC)Energy8.50%—$1.0B
91Universal Corporation (UVV)Consumer Defensive8.32%252%$984.8M
92Gaming and Leisure Properties, Inc. (GLPI)Real Estate8.22%78%$11.2B
93Tuniu Corp (TOUR)Industrials8.21%—$51.9M
94Sinclair, Inc. (SBGI)Communication Services8.18%—$883.7M
95Saul Centers, Inc. (BFS)Real Estate8.16%59%$714.8M
96One Liberty Properties, Inc. (OLP)Real Estate8.16%59%$481.7M
97Universal Health Realty Income Trust (UHT)Real Estate8.11%88%$510.9M
98Easterly Government Properties, Inc. (DEA)Real Estate8.00%66%$1.1B
99Atlas Energy Solutions Inc. (AESI)Energy7.94%—$1.2B
100The Wendy's Company (WEN)Consumer Cyclical7.92%79%$1.3B
101Chagee Holdings Ltd. (CHA)Consumer Cyclical7.91%—$2.2B
102Walker & Dunlop, Inc. (WD)Financials7.89%163%$1.2B
103Navient Corporation (NAVI)Financials7.86%—$763.4M
104Main Street Capital CORP (MAIN)Financials7.86%107%$5.1B
105Monro, Inc. (MNRO)Consumer Cyclical7.83%—$448.0M
106Virtus Investment Partners, Inc. (VRTS)Financials7.80%47%$815.1M
107Millicom International Cellular S.A. (TIGO)Communication Services7.80%—$13.5B
108VICI Properties Inc. (VICI)Real Estate7.70%67%$25.9B
109Douglas Emmett, Inc. (DEI)Real Estate7.60%19%$1.7B
110The Campbell's Company (CPB)Consumer Defensive7.58%119%$6.1B
111Granite Ridge Resources, Inc. (GRNT)Energy7.57%244%$766.3M
112Gray Media, Inc. (GTN)Communication Services7.46%—$441.8M
113General Mills, Inc. (GIS)Consumer Defensive7.38%—$17.7B
114SFL Corporation Ltd. (SFL)Industrials7.36%—$1.9B
115Hello Group Inc. (MOMO)Technology7.30%—$678.5M
116Perrigo Company plc (PRGO)Healthcare7.29%—$2.2B
117OneMain Holdings, Inc. (OMF)Financials7.27%64%$6.6B
118Alexander's, Inc. (ALX)Real Estate7.26%137%$1.3B
119CTO Realty Growth, Inc. (CTO)Real Estate7.23%—$737.6M
120Alexandria Real Estate Equities, Inc. (ARE)Real Estate7.22%—$7.0B
121WAFD INC (WAFDP)Financials7.21%41%$1.1B
122Tuya Inc. (TUYA)Technology7.14%—$978.9M
123Embecta Corp. (EMBC)Healthcare7.12%37%$366.0M
124LKQ Corporation (LKQ)Consumer Cyclical7.08%—$4.3B
125Getty Realty Corp. (GTY)Real Estate7.06%79%$1.8B
126Broadstone Net Lease, Inc. (BNL)Real Estate6.92%92%$3.2B
127National CineMedia, Inc. (NCMI)Communication Services6.86%—$164.6M
128ACCO Brands Corporation (ACCO)Industrials6.85%68%$404.3M
129Highwoods Properties, Inc. (HIW)Real Estate6.83%—$3.2B
130John B. Sanfilippo & Son, Inc. (JBSS)Consumer Defensive6.78%76%$775.7M
131DENTSPLY SIRONA Inc. (XRAY)Healthcare6.78%—$1.9B
132TFS Financial Corporation (TFSL)Financials6.78%—$4.7B
133Teekay Corporation Ltd. (TK)Energy6.77%—$1.3B
134The Kraft Heinz Company (KHC)Consumer Defensive6.71%—$28.3B
135NewtekOne, Inc. (NEWT)Financials6.63%35%$331.0M
136Four Corners Property Trust, Inc. (FCPT)Real Estate6.60%85%$2.4B
137Whirlpool Corporation (WHR)Consumer Cyclical6.59%94%$1.8B
138Healthpeak Properties, Inc. (DOC)Real Estate6.58%80%$12.8B
139Americold Realty Trust, Inc. (COLD)Real Estate6.57%—$4.0B
140EPR Properties (EPR)Real Estate6.57%67%$4.3B
141Verizon Communications Inc. (VZ)Communication Services6.51%67%$179.0B
142Safehold Inc. (SAFE)Real Estate6.45%41%$776.9M
143Smithfield Foods, Inc. (SFD)Consumer Defensive6.43%40%$7.3B
144GLADSTONE INVESTMENT CORPORATION\DE (GAIN)Financials6.37%31%$600.5M
145AMERISAFE, Inc. (AMSF)Financials6.32%63%$469.0M
146Sabra Health Care REIT, Inc. (SBRA)Real Estate6.29%85%$4.9B
147American Assets Trust, Inc. (AAT)Real Estate6.29%75%$1.3B
148Lucky Strike Entertainment Corp (LUCK)Communication Services6.23%—$553.5M
149United Parcel Service, Inc. (UPS)Industrials6.21%100%$89.9B
150STAR GROUP, L.P. (SGU)Consumer Cyclical6.20%—$428.8M
151LyondellBasell Industries N.V. (LYB)Basic Materials6.14%—$21.7B
152Comcast Corporation (CMCSA)Communication Services6.12%24%$76.5B
153Gladstone Land Corporation (LAND)Real Estate6.12%—$361.5M
154Kilroy Realty Corporation (KRC)Real Estate6.08%51%$4.1B
155JBG SMITH Properties (JBGS)Real Estate6.06%—$861.8M
156Park Hotels & Resorts Inc. (PK)Real Estate6.01%—$3.4B
157Northern Oil and Gas, Inc. (NOG)Energy5.99%—$3.0B
158Lineage, Inc. (LINE)Real Estate5.98%62%$8.0B
159UMH Properties, Inc. (UMH)Real Estate5.94%104%$1.3B
160W. P. Carey Inc. (WPC)Real Estate5.93%99%$14.5B
161Edison International (EIX)Utilities5.88%29%$22.6B
162Altria Group, Inc. (MO)Consumer Defensive5.88%101%$121.4B
163Omega Healthcare Investors, Inc. (OHI)Real Estate5.87%89%$13.8B
164NNN REIT, Inc. (NNN)Real Estate5.87%73%$7.8B
165Vail Resorts, Inc. (MTN)Consumer Cyclical5.84%216%$5.4B
166Pfizer Inc. (PFE)Healthcare5.84%126%$167.9B
167Global Indemnity Group, LLC (GBLI)Financials5.77%80%$373.9M
168Realty Income Corporation (O)Real Estate5.76%86%$53.2B
169Washington Trust Bancorp, Inc. (WASH)Financials5.75%83%$743.7M
170The Clorox Company (CLX)Consumer Defensive5.71%103%$10.5B
171Ituran Location & Control Ltd. (ITRN)Technology5.71%—$1.0B
172Rayonier Inc. (RYN)Real Estate5.68%67%$5.6B
173SL Green Realty Corp. (SLG)Real Estate5.68%130%$3.5B
174Amcor plc (AMCR)Consumer Cyclical5.67%109%$21.1B
175Hormel Foods Corporation (HRL)Consumer Defensive5.66%133%$11.3B
176Sylvamo Corporation (SLVM)Basic Materials5.64%56%$1.3B
177Robert Half Inc. (RHI)Industrials5.64%177%$4.3B
178Huntsman Corporation (HUN)Basic Materials5.63%—$1.6B
179South Bow Corp (SOBO)Energy5.63%—$7.4B
180Kinetik Holdings Inc. (KNTK)Energy5.62%119%$9.2B
181National Health Investors, Inc. (NHI)Real Estate5.60%77%$3.2B
182BCB Bancorp, Inc. (BCBP)Financials5.60%—$155.1M
183BXP, Inc. (BXP)Real Estate5.56%—$9.8B
184ENBRIDGE INC (ENB)Energy5.55%117%$106.0B
185Clearway Energy, Inc. (CWEN)Utilities5.53%—$6.7B
186The RMR Group Inc. (RMR)Real Estate5.51%—$555.6M
187Healthcare Realty Trust Incorporated (HR)Real Estate5.48%297%$6.0B
188NLI HOLDINGS, INC. (NL)Basic Materials5.47%—$344.2M
189Dorian LPG Ltd. (LPG)Energy5.46%54%$2.3B
190Centerspace (CSR)Real Estate5.46%99%$948.2M
191Omega Flex, Inc. (OFLX)Industrials5.45%93%$252.0M
192Tronox Holdings plc (TROX)Basic Materials5.38%—$594.1M
193Newell Brands Inc. (NWL)Consumer Defensive5.37%—$2.2B
194Caledonia Mining Corporation Plc (CMCL)Basic Materials5.37%—$420.3M
195Energizer Holdings, Inc. (ENR)Industrials5.37%36%$1.5B
196International Paper Company (IP)Consumer Cyclical5.37%—$18.3B
197AT&T Inc. (T)Communication Services5.36%37%$139.4B
198Matthews International Corporation (MATW)Industrials5.34%—$593.7M
199LTC Properties, Inc. (LTC)Real Estate5.34%136%$2.3B
200Avista Corporation (AVA)Utilities5.31%82%$3.1B

The 200 highest yields are shown; each sector page lists all of its dividend payers.

Dividend stocks — questions

Which stock has the highest dividend yield?
Invesco Mortgage Capital Inc. (IVR), at 23.54% over the last twelve months.
Which US stocks have the highest dividend yields?
Invesco Mortgage Capital Inc. (IVR) 23.54%, ARMOUR Residential REIT, Inc. (ARR) 22.73%, Redwood Trust, Inc. (RWT) 22.09%, PennyMac Mortgage Investment Trust (PMT) 22.01%, FS KKR Capital Corp (FSK) 21.48%, BLUE RIDGE BANKSHARES, INC. (BRBS) 21.33%, MFA Financial, Inc. (MFA) 21.21%, BlackRock TCP Capital Corp. (TCPC) 21.20%, Chicago Atlantic Real Estate Finance, Inc. (REFI) 20.80%, Chimera Investment Corporation (CIM) 19.69%.
How many U.S.-listed companies pay a dividend?
1,487 of the companies EquiReason covers; their median dividend yield is 2.22%.
How is the dividend yield calculated?
Cash dividends per share paid over the last twelve months, divided by the latest share price. A high yield can come from a rising dividend or from a falling price; the payout ratio (last fiscal year's dividends per share ÷ diluted EPS, or ÷ FFO for REITs) shows how much of earnings the dividend uses.

Related: Largest companies by market cap · Earnings calendar

How these figures are read: methodology · EquiReason.