SmarterDividends

Highest Dividend Yield Stocks Right Now

The highest dividend yield stocks on the market today, ranked by forward yield. High yields are tempting, but they often come with higher risk — so check each stock's payout ratio and growth streak before buying. A falling price, not a generous board, is frequently what pushes a yield up.

Prefer safety over raw yield? See the best dividend stocks or dividend aristocrats.

Updated · 50 stocks · refreshed daily

Key facts: Highest Dividend Yield Stocks

Data as of · Source: SmarterDividends data

  • As of Oct 28, 2026, SmarterDividends' Highest Dividend Yield Stocks list includes 50 stocks.
  • Ranked first on SmarterDividends' Highest Dividend Yield Stocks list as of Oct 28, 2026 is CBRE Global Real Estate Income Fund (IGR), with a forward dividend yield of 20.00%.
  • The median forward dividend yield of the 50 stocks on SmarterDividends' Highest Dividend Yield Stocks list is 14.16% as of Oct 28, 2026.
  • By SmarterDividends' count, Innovative Industrial Properties, Inc. (IIPR) has the longest dividend-growth streak on SmarterDividends' Highest Dividend Yield Stocks list, at 8 consecutive years as of Oct 28, 2026.
Cite this page

SmarterDividends, "Highest Dividend Yield Stocks," updated Oct 28, 2026, https://smarterdividends.com/highest-dividend-yield-stocks

#CompanyYieldGrowth Streak
1IGRIGRCBRE Global Real Estate Income FundDividend history20.00%0 yr
2PLTKPLTKPlaytika Holding Corp.Dividend history19.56%0 yr
3UWMCUWMCUWM Holdings CorporationDividend history19.23%0 yr
4DXDXDynex Capital, Inc.Dividend history18.73%2 yr
5PDIPDIPIMCO Dynamic Income FundDividend history18.73%0 yr
6BXMTBXMTBlackstone Mortgage Trust, Inc.Dividend history17.70%0 yr
7NMFCNMFCNew Mountain Finance CorporationDividend history17.22%0 yr
8MNRMNRMach Natural Resources LPDividend history17.03%0 yr
9FSKFSKFS KKR Capital Corp.Dividend history16.92%2 yr
10BCSFBCSFBain Capital Specialty Finance, Inc.Dividend history16.72%0 yr
11GSBDGSBDGoldman Sachs BDC, Inc.Dividend history16.45%0 yr
12NLYNLYAnnaly Capital Management, Inc.Dividend history16.43%1 yr
13AGNCAGNCAGNC Investment Corp.Dividend history16.38%0 yr
14ACPACPAbrdn Income Credit Strategies FundDividend history15.90%0 yr
15WDIWDIWestern Asset Diversified Income FundDividend history15.66%4 yr
16PFLTPFLTPennantPark Floating Rate Capital Ltd.Dividend history15.52%0 yr
17OTFOTFBlue Owl Technology Finance Corp.Dividend history15.44%0 yr
18ADAMADAMAdamas Trust, Inc.Dividend history15.36%1 yr
19STWDSTWDStarwood Property Trust, Inc.Dividend history15.32%0 yr
20ARIARIApollo Commercial Real Estate Finance, Inc.Dividend history15.15%0 yr
21WUWUThe Western Union CompanyDividend history15.14%0 yr
22TYGTYGTortoise Energy Infrastructure CorporationDividend history15.10%0 yr
23NCDLNCDLNuveen Churchill Direct Lending Corp.Dividend history14.49%1 yr
24PHKPHKPIMCO High Income FundDividend history14.26%0 yr
25IIPRIIPRInnovative Industrial Properties, Inc.Dividend history14.16%8 yr
26FAXFAXAbrdn Asia-Pacific Income Fund IncDividend history14.16%0 yr
27PFNPFNPIMCO Income Strategy Fund IIDividend history14.12%0 yr
28FSCOFSCOFS Credit Opportunities Corp.Dividend history14.11%3 yr
29PAXSPAXSPIMCO Access Income FundDividend history13.95%0 yr
30DSUDSUBlackRock Debt Strategies Fund, Inc.Dividend history13.95%0 yr
31ASGIASGIAbrdn Global Infrastructure Income FundDividend history13.79%4 yr
32NATNATNordic American Tankers LimitedDividend history13.65%0 yr
33CGBDCGBDCarlyle Secured Lending, Inc.Dividend history13.64%0 yr
34DSLDSLDoubleLine Income Solutions FundDividend history13.61%0 yr
35CSWCCSWCCapital Southwest CorporationDividend history13.57%0 yr
36MSDLMSDLMorgan Stanley Direct Lending FundDividend history13.50%1 yr
37BXSLBXSLBlackstone Secured Lending FundDividend history13.44%0 yr
38PTYPTYPIMCO Corporate & Income Opportunity FundDividend history13.39%0 yr
39BITBITBlackRock Multi-Sector Income TrustDividend history13.33%1 yr
40EFCEFCEllington Financial Inc.Dividend history13.32%0 yr
41MRPMRPMillrose Properties, Inc.Dividend history13.22%0 yr
42JFRJFRNuveen Floating Rate Income FundDividend history13.13%0 yr
43BPREBPREBluerock Private Real Estate FundDividend history13.10%0 yr
44PAGSPAGSPagSeguro Digital Ltd.Dividend history13.08%0 yr
45PDOPDOPimco Dynamic Income Opportunities FundDividend history13.06%0 yr
46JQCJQCNuveen Credit Strategies Income FundDividend history13.03%0 yr
47MPTMPTMedical Properties Trust, Inc.Dividend history12.86%0 yr
48FBRTFBRTFranklin BSP Realty Trust, Inc.Dividend history12.70%0 yr
49HQLHQLAbrdn Life Sciences InvestorsDividend history12.66%0 yr
50PCNPCNPIMCO Corporate & Income Strategy FundDividend history12.62%0 yr

Frequently Asked Questions

What are the highest dividend yield stocks right now?

This list ranks dividend payers by forward yield, highest first. The top of the list is usually dominated by REITs, BDCs, MLPs and covered-call ETFs, which structurally pay out most of their income and therefore carry higher yields — and often higher risk.

Is a higher dividend yield better?

Not necessarily. A very high yield (often 8%+) can be a warning sign: it may mean the share price has fallen because the market expects a dividend cut. Always check the payout ratio and dividend-growth history — which is why each stock here links to a full safety breakdown.

What is a good dividend yield?

For a typical blue-chip dividend stock, 2.5%–4.5% is a healthy, sustainable range. Yields of 5%–8% can be fine for REITs and similar income vehicles, but anything materially higher deserves extra scrutiny.

How is yield calculated?

Forward dividend yield = annual dividend per share ÷ current share price. A $100 stock paying $4 per year yields 4%.

Data is for informational purposes only and is not investment advice. Yields and figures refresh daily.