SmarterDividends

Safe High-Yield Dividend Stocks

High yield is easy to find; safe high yield is the hard part. These dividend stocks pair an above-market forward yield (4–13%) with a dividend-safety score of 75 or higher — so you get the income without the yield-trap risk.

Prefer to set your own bar? Use the value screener to filter by yield, safety and margin of safety, or see the broader highest-yield list.

Updated · 50 stocks · refreshed daily

Key facts: Safe High-Yield Dividend Stocks

Data as of · Source: SmarterDividends data

  • As of Oct 31, 2026, SmarterDividends' Safe High-Yield Dividend Stocks list includes 50 stocks.
  • Ranked first on SmarterDividends' Safe High-Yield Dividend Stocks list as of Oct 31, 2026 is Abrdn Global Dynamic Dividend Fund (AGD), with a forward dividend yield of 12.94%.
  • The median forward dividend yield of the 50 stocks on SmarterDividends' Safe High-Yield Dividend Stocks list is 8.77% as of Oct 31, 2026.
  • By SmarterDividends' count, Universal Corporation (UVV) has the longest dividend-growth streak on SmarterDividends' Safe High-Yield Dividend Stocks list, at 39 consecutive years as of Oct 31, 2026.
  • 27 of the 50 stocks on SmarterDividends' Safe High-Yield Dividend Stocks list with a SmarterDividends safety grade are graded A as of Oct 31, 2026.
Cite this page

SmarterDividends, "Safe High-Yield Dividend Stocks," updated Oct 31, 2026, https://smarterdividends.com/safe-high-yield-dividend-stocks

#CompanyYieldGrowth StreakSafety
1AGDAGDAbrdn Global Dynamic Dividend FundDividend history12.94%1 yrB · 75
2RANDRANDRand Capital CorporationDividend history12.73%4 yrA · 80
3AVKAVKAdvent Convertible and Income FundDividend history12.64%2 yrA · 87
4DBRJDBRJPDigitalBridge Group, Inc.Dividend history11.80%0 yrA · 80
5GABGABThe Gabelli Equity Trust Inc.Dividend history11.56%0 yrB · 78
6GUTGUTThe Gabelli Utility TrustDividend history11.54%2 yrB · 79
7NRSANRSAXNexPoint Real Estate Strategies FundDividend history11.15%0 yrB · 75
8THQTHQAbrdn Healthcare Opportunities FundDividend history11.03%2 yrB · 75
9BPYPOBPYPOBrookfield Property Partners L.P.Dividend history10.86%0 yrB · 76
10BPYPPBPYPPBrookfield Property Partners L.P.Dividend history10.85%0 yrB · 78
11BPYPNBPYPNBrookfield Property Partners L.P.Dividend history10.84%0 yrB · 76
12ACVACVVirtus Diversified Income & Convertible FundDividend history10.72%0 yrA · 88
13CCDCCDCalamos Dynamic Convertible and Income FundDividend history10.55%0 yrA · 82
14THWTHWAbrdn World Healthcare FundDividend history10.53%0 yrA · 86
15MEGIMEGINYLI CBRE Global Infrastructure Megatrends Term FundDividend history10.50%0 yrB · 79
16AIOAIOVirtus Artificial Intelligence & Technology Opportunities FundDividend history10.48%0 yrA · 83
17RMRRMRThe RMR Group Inc.Dividend history10.39%4 yrB · 79
18LFMDPLFMDPLifeMD, Inc.Dividend history10.31%0 yrB · 76
19BHFALBHFALBrighthouse Financial, Inc.Dividend history10.22%0 yrB · 76
20FCELBFCELBFuelCell Energy, Inc.Dividend history10.20%0 yrA · 82
21QVCDQVCDQQVC INCDividend history9.99%0 yrB · 77
22JSMJSMNavient Corporation SR NT 6% 121543Dividend history9.66%0 yrA · 83
23MLPRMLPRETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETNDividend history9.51%5 yrA · 81
24NIENIEVirtus Equity & Convertible Income FundDividend history9.37%1 yrA · 88
25WLKPWLKPWestlake Chemical Partners LPDividend history8.92%0 yrA · 81
26FOFFOFCohen & Steers Closed-End Opportunity Fund, Inc.Dividend history8.63%0 yrB · 75
27SDHYSDHYPGIM Short Duration High Yield Opportunities FundDividend history8.53%0 yrB · 75
28IMPPPIMPPPImperial Petroleum Inc.Dividend history8.49%0 yrA · 80
29PLDGPPLDGPPrologis, Inc.Dividend history8.47%0 yrA · 90
30UVVUVVUniversal CorporationDividend history8.39%39 yrA · 86
31HTDHTDJohn Hancock Tax-Advantaged Dividend Income FundDividend history8.33%1 yrA · 86
32EOIEOIEaton Vance Enhanced Equity Income FundDividend history8.24%2 yrA · 81
33MPLXMPLXMPLX LPDividend history8.22%4 yrA · 80
34UHTUHTUniversal Health Realty Income TrustDividend history8.16%38 yrA · 82
35OLPOLPOne Liberty Properties, Inc.Dividend history8.16%0 yrB · 77
36WAFDPWAFDPWaFd, Inc.Dividend history8.14%0 yrB · 75
37CSQCSQCalamos Strategic Total Return FundDividend history8.05%1 yrA · 87
38DKLDKLDelek Logistics Partners, LPDividend history8.05%12 yrB · 79
39ETDETDEthan Allen Interiors Inc.Dividend history8.04%7 yrB · 77
40EFSCPEFSCPEnterprise Financial Services CorpDividend history8.04%0 yrB · 77
41FULTPFULTPFulton Financial CorporationDividend history8.03%0 yrB · 77
42FIISOFIISOFinancial Institutions, Inc. 8.48% SRB1 PFD BDividend history8.01%0 yrA · 86
43VLYPPVLYPPValley National BancorpDividend history7.99%1 yrA · 80
44UNMAUNMAUnum Group 6.250% JR NT58Dividend history7.95%0 yrA · 80
45MNSBPMNSBPMainStreet Bancshares, Inc.Dividend history7.93%0 yrA · 80
46MGRMGRAffiliated Managers Group, Inc.Dividend history7.91%0 yrB · 76
47DHCNIDHCNIDiversified Healthcare Trust -Dividend history7.91%0 yrA · 83
48LBRDPLBRDPLiberty Broadband CorpDividend history7.91%0 yrB · 76
49TCBIOTCBIOTexas Capital Bancshares IncDividend history7.88%0 yrA · 81
50DNPDNPDNP Select Income Fund Inc.Dividend history7.84%0 yrA · 98

Frequently Asked Questions

What are the safest high-yield dividend stocks?

The safest high-yield dividend stocks combine an above-market yield (here, 4–13%) with a strong dividend-safety score — meaning the payout is well covered by earnings and free cash flow, the balance sheet is sound, and the company has a dependable dividend history. This list requires a safety score of 75+, filtering out the yield traps that dominate naive high-yield screens.

Is a high dividend yield safe?

Not always. A very high yield often signals that the market expects a dividend cut — the share price has fallen, pushing the yield up. That's why pairing yield with a safety score matters: it separates durable income from distressed payouts. Every stock here clears a 75+ safety score.

What yield is considered high but safe?

Roughly 4–7% is the sweet spot where you can find genuinely safe payers. Above ~8%, safe options thin out fast and most high yields carry real cut risk. This list spans 4–13% but every name still meets the safety bar.

How is the dividend safety score calculated?

It's a 0–100 score built from payout coverage (earnings and free cash flow), balance-sheet strength, dividend-growth history and cut history, validated by backtesting which dividends were actually cut over 15+ years.

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