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 8, 2026, SmarterDividends' Safe High-Yield Dividend Stocks list includes 50 stocks.
  • Ranked first on SmarterDividends' Safe High-Yield Dividend Stocks list as of Oct 8, 2026 is Abrdn Global Dynamic Dividend Fund (AGD), with a forward dividend yield of 12.68%.
  • The median forward dividend yield of the 50 stocks on SmarterDividends' Safe High-Yield Dividend Stocks list is 8.71% as of Oct 8, 2026.
  • By SmarterDividends' count, Universal Health Realty Income Trust (UHT) has the longest dividend-growth streak on SmarterDividends' Safe High-Yield Dividend Stocks list, at 38 consecutive years as of Oct 8, 2026.
  • 21 of the 50 stocks on SmarterDividends' Safe High-Yield Dividend Stocks list with a SmarterDividends safety grade are graded A as of Oct 8, 2026.
Cite this page

SmarterDividends, "Safe High-Yield Dividend Stocks," updated Oct 8, 2026, https://smarterdividends.com/safe-high-yield-dividend-stocks

#CompanyYieldGrowth StreakSafety
1AGDAGDAbrdn Global Dynamic Dividend FundDividend history12.68%1 yrB · 75
2AVKAVKAdvent Convertible and Income FundDividend history12.03%2 yrA · 87
3NRSANRSAXNexPoint Real Estate Strategies FundDividend history11.87%0 yrB · 75
4RANDRANDRand Capital CorporationDividend history11.87%4 yrA · 80
5THWTHWAbrdn World Healthcare FundDividend history11.80%0 yrA · 84
6THQTHQAbrdn Healthcare Opportunities FundDividend history11.64%2 yrB · 75
7GABGABThe Gabelli Equity Trust Inc.Dividend history11.54%0 yrB · 78
8MEGIMEGINYLI CBRE Global Infrastructure Megatrends Term FundDividend history11.12%0 yrB · 77
9BPYPOBPYPOBrookfield Property Partners L.P.Dividend history10.73%0 yrB · 76
10BPYPNBPYPNBrookfield Property Partners L.P.Dividend history10.71%0 yrB · 76
11BPYPPBPYPPBrookfield Property Partners L.P.Dividend history10.55%0 yrB · 78
12BHFALBHFALBrighthouse Financial, Inc.Dividend history10.53%0 yrB · 76
13HOVNPHOVNPHovnanian Enterprises, Inc. PFD DEP1/1000ADividend history10.51%0 yrB · 78
14ACVACVVirtus Diversified Income & Convertible FundDividend history10.45%0 yrA · 80
15FCELBFCELBFuelCell Energy, Inc.Dividend history10.42%0 yrA · 82
16GUTGUTThe Gabelli Utility TrustDividend history10.24%2 yrA · 81
17RMRRMRThe RMR Group Inc.Dividend history10.20%4 yrB · 79
18QVCDQVCDQQVC INCDividend history9.99%0 yrB · 77
19CCDCCDCalamos Dynamic Convertible and Income FundDividend history9.92%0 yrA · 82
20LFMDPLFMDPLifeMD, Inc.Dividend history9.91%0 yrB · 76
21AIOAIOVirtus Artificial Intelligence & Technology Opportunities FundDividend history9.88%0 yrA · 82
22MLPRMLPRETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETNDividend history9.50%5 yrA · 81
23NIENIEVirtus Equity & Convertible Income FundDividend history9.11%1 yrA · 88
24JSMJSMNavient Corporation SR NT 6% 121543Dividend history9.10%0 yrA · 83
25WLKPWLKPWestlake Chemical Partners LPDividend history8.82%0 yrA · 81
26DHCNIDHCNIDiversified Healthcare Trust -Dividend history8.61%0 yrA · 83
27SDHYSDHYPGIM Short Duration High Yield Opportunities FundDividend history8.54%0 yrB · 75
28HTDHTDJohn Hancock Tax-Advantaged Dividend Income FundDividend history8.51%1 yrA · 86
29PLDGPPLDGPPrologis, Inc.Dividend history8.49%0 yrA · 90
30IMPPPIMPPPImperial Petroleum Inc.Dividend history8.43%0 yrA · 80
31FOFFOFCohen & Steers Closed-End Opportunity Fund, Inc.Dividend history8.39%0 yrB · 75
32GREELGREELGreenidge Generation Holdings Inc. 8.50% Senior Notes due 2026Dividend history8.38%0 yrA · 80
33FGCPFGCPPFG Communities Holdings Inc.Dividend history8.25%0 yrB · 76
34OLPOLPOne Liberty Properties, Inc.Dividend history8.20%0 yrB · 75
35VICIVICIVICI Properties Inc.Dividend history8.13%7 yrB · 76
36WVVIPWVVIPWillamette Valley Vineyards, Inc.Dividend history8.09%0 yrB · 77
37DNPDNPDNP Select Income Fund Inc.Dividend history8.07%0 yrA · 98
38DKLDKLDelek Logistics Partners, LPDividend history8.06%12 yrB · 79
39UHTUHTUniversal Health Realty Income TrustDividend history8.05%38 yrB · 79
40EOIEOIEaton Vance Enhanced Equity Income FundDividend history8.04%2 yrA · 83
41VLYPPVLYPPValley National BancorpDividend history8.01%1 yrA · 80
42LBRDPLBRDPLiberty Broadband CorpDividend history7.91%0 yrB · 76
43CSQCSQCalamos Strategic Total Return FundDividend history7.90%1 yrA · 87
44TFSLTFSLTFS Financial CorporationDividend history7.89%0 yrB · 77
45BDJBDJBlackRock Enhanced Equity Dividend TrustDividend history7.89%4 yrB · 79
46TCBIOTCBIOTexas Capital Bancshares, Inc.Dividend history7.88%0 yrB · 79
47OZKAPOZKAPBank OZKDividend history7.87%0 yrB · 77
48MGRMGRAffiliated Managers Group, Inc.Dividend history7.84%0 yrB · 76
49FGNXFGNXPFG Communities Holdings Inc.Dividend history7.81%0 yrB · 76
50UTFUTFCohen & Steers Infrastructure Fund, IncDividend history7.81%1 yrB · 76

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.