The Highest Dividend Paying Stocks

We List the Highest Dividend Paying Stocks Of Companies With A Market Cap > $1 Billion, A Dividend Payout Ratio < 100% & Years of Dividend Growth

If you are looking for the highest-yielding dividend stocks, this report will help you decide if they are worth buying.

Dividend stocks form a great addition to one’s portfolio. Good dividends or steady-income stocks, as they are often called, provide income every quarter and allow investors to build a consistent stream of cash flows. Over the last 8 years, the S&P 500 total return owes over 40% appreciation to dividend earnings.

As an income investor, both capital appreciation and retirement benefits that come with dividend stocks are hard to miss. Investment baron Richard Russell has had an interesting take on dividend stocks, and the charm has still not wavered.

A stock dividend is something tangible — it’s not an earnings projection; it’s something solid, in hand. A stock dividend is a true return on the investment. Everything else is hope and speculation.  Richard Russell

Highest Dividend Paying Stocks
Highest Dividend Paying Stocks

How to Find Great High Dividend Stocks?

Not all stocks or companies are created equally.  As an income investor, you want the highest possible yield, but you also want a company with a good track record of payouts and profits that enable them to pay dividends in the future.

Stock Market Investing Training - Liberated Stock Trader Pro

Liberated Stock Trader Pro Investing Course
★ 16 Hours of Video Lessons + eBook ★
★ Complete Fundamental Stock Analysis Lessons ★
★ 2 Powerful Value Investing Strategies ★
★ 4 Dividend/Income Investing Strategies ★
★ Professional Grade Stock Chart Technical Analysis Lessons ★

Go Pro Now

Important High Dividend Criteria

Dividend Yield – This is the expected dividend per share divided by the current price per share.  As you can imagine, the dividend yield you get depends on what price you purchased the stock for.

Dividend Payout Ratio – We calculate the payout ratio by dividing the total dividends paid by the Net Income.  A payout ratio above 100% would indicate that a company cannot continue paying dividends at this level because they are not earning enough profit to cover the dividend payment.  It is generally a good rule of thumb to go for companies with a payout ratio under 100%.  The lower the payout ratio, the better.

Market Capitalization – when looking to invest long-term in a company, it is usually worth selecting a minimum company size.  Capitalization is the value of all outstanding stock multiplied by the stock price.  In this table, we selected $1 billion as the minimum size of company we want to invest in.

Consecutive Dividend Growth Years – This is the number of years in a row the company has increased its dividend per share.

Note: Liberated Stock Trader is in no way affiliated, paid by, or owns any stock in any of the companies mentioned in this report.  This is an unbiased research report.

[Related Article: The Best Stock Screeners To Find Dividend & Value Stocks]

Highest Dividend Paying Stocks List 2021

Ticker Company Industry Dividend Yield Payout Ratio Consecutive Dividend Growth Years
FRO Frontline Oil & Gas Midstream 29.50% 73.30% 1
EURN Euronav Oil & Gas Midstream 19.10% 48.90% 1
EPD Enterprise Prods Partners Oil & Gas Midstream 8.40% 86.20% 10+
ABR Arbor Realty Trust REIT – Mortgage 7.90% 86.60% 8
TSLX Sixth Street Specialty Asset Management 7.50% 62.40% 1
TGP Teekay LNG Partners Oil & Gas Midstream 7.40% 79.30% 2
TRP TC Energy Oil & Gas Midstream 6.50% 68.40% 10+
APAM Artisan Partners Asset Asset Management 6.50% 83.80% 1
PPL PPL Utilities – Regulated Electric 6.30% 86.50% 9
AKO.A Embotelladora Andina Beverages – Non-Alcoholic 6.30% 55.90% 1
ORAN Orange Telecom Services 6.10% 51.00% 0
RIO Rio Tinto Other Industrial Metals & Mining 5.30% 86.10% 4
CM Canadian Imperial Bank Banks – Diversified 5.10% 63.80% 9
LFC China Life Insurance Co Insurance – Life 4.90% 40.60% 1
SJI South Jersey Indus Utilities – Diversified 4.80% 84.90% 10+
PNW Pinnacle West Capital Utilities – Regulated Electric 4.80% 65.00% 9
ED Consolidated Edison Utilities – Regulated Electric 4.70% 77.30% 10+
TIMB TIM Telecom Services 4.70% 34.80% 2
VZ Verizon Communications Telecom Services 4.50% 55.90% 10+
SO Southern Utilities – Regulated Electric 4.50% 86.10% 10+
ETR Entergy Utilities – Diversified 4.40% 53.80% 6
ORI Old Republic Intl Insurance – Diversified 4.40% 76.90% 10+
MCY Mercury General Insurance – Property & Casualty 4.30% 37.30% 10+
BEN Franklin Resources Asset Management 4.30% 69.90% 10+
MC Moelis & Co Capital Markets 4.30% 45.20% 0
NWE NorthWestern Utilities – Diversified 4.20% 78.20% 10+
AVA Avista Utilities – Diversified 4.20% 88.70% 10+
ISBC Investors Bancorp Banks – Regional 4.20% 58.00% 8
TD Toronto-Dominion Bank Banks – Diversified 4.20% 48.40% 10+
RGR Sturm Ruger & Co Aerospace & Defense 4.20% 29.20% 1
FTS Fortis Utilities – Regulated Electric 4.10% 74.50% 5
GRP.U Granite REIT REIT – Industrial 4.10% 45.20% 6
ALE ALLETE Utilities – Diversified 4.10% 73.50% 10+
NEM Newmont Gold 4.10% 29.60% 1
WU The Western Union Credit Services 4.10% 49.70% 6
RY Royal Bank of Canada Banks – Diversified 4.00% 53.40% 9
NMR Nomura Holdings Capital Markets 4.00% 28.00% 2
BUSE First Busey Banks – Regional 4.00% 47.50% 7
AQN Algonquin Power Utilities – Renewable 4.00% 70.50% 8
PBCT People’s United Finl Banks – Regional 4.00% 61.60% 10+

Table 1: All Dividend Paying Stocks on U.S. Exchanges worth over $1 billion in Market Capitalization This research is powered by Stock Rover, our review winning Stock & ETF Screener

Highest Dividend Paying Stocks With 10 Years of Dividend Growth

Ticker Company Industry Dividend Yield Payout Ratio Consecutive Dividend Growth Years
EPD Enterprise Prods Partners Oil & Gas Midstream 8.40% 86.20% 10
TRP TC Energy Oil & Gas Midstream 6.50% 68.40% 10
SJI South Jersey Indus Utilities – Diversified 4.80% 84.90% 10
ED Consolidated Edison Utilities – Regulated Electric 4.70% 77.30% 10
VZ Verizon Communications Telecom Services 4.50% 55.90% 10
SO Southern Utilities – Regulated Electric 4.50% 86.10% 10
ORI Old Republic Intl Insurance – Diversified 4.40% 76.90% 10
MCY Mercury General Insurance – Property & Casualty 4.30% 37.30% 10
BEN Franklin Resources Asset Management 4.30% 69.90% 10
NWE NorthWestern Utilities – Diversified 4.20% 78.20% 10
AVA Avista Utilities – Diversified 4.20% 88.70% 10
TD Toronto-Dominion Bank Banks – Diversified 4.20% 48.40% 10
ALE ALLETE Utilities – Diversified 4.10% 73.50% 10
PBCT People’s United Finl Banks – Regional 4.00% 61.60% 10

Table 2: All Dividend Paying Stocks on U.S. Exchanges worth over $1 billion in Market Capitalization With 10 Consecutive Years of Raising Thier Dividend Per Share Payments. This research is powered by Stock Rover.

Perform Your Own Dividend Analysis for Free With Stock Rover

Highest Dividend Paying Bank Stocks 2021

Ticker Company Industry Dividend Yield Payout Ratio Consecutive Dividend Growth Years
TD Toronto-Dominion Bank Banks – Diversified 4.20% 48.40% 10
CM Canadian Imperial Bank Banks – Diversified 5.10% 63.80% 9
RY Royal Bank of Canada Banks – Diversified 4.00% 53.40% 9
PBCT People’s United Finl Banks – Regional 4.00% 61.60% 10
ISBC Investors Bancorp Banks – Regional 4.20% 58.00% 8
BUSE First Busey Banks – Regional 4.00% 47.50% 7

 

Highest Dividend Paying Utility Stocks 2021

Ticker Company Industry Dividend Yield Payout Ratio Consecutive Dividend Growth Years
SJI South Jersey Indus Utilities – Diversified 4.80% 84.90% 10
NWE NorthWestern Utilities – Diversified 4.20% 78.20% 10
AVA Avista Utilities – Diversified 4.20% 88.70% 10
ALE ALLETE Utilities – Diversified 4.10% 73.50% 10
ETR Entergy Utilities – Diversified 4.40% 53.80% 6
ED Consolidated Edison Utilities – Regulated Electric 4.70% 77.30% 10
SO Southern Utilities – Regulated Electric 4.50% 86.10% 10
PPL PPL Utilities – Regulated Electric 6.30% 86.50% 9
PNW Pinnacle West Capital Utilities – Regulated Electric 4.80% 65.00% 9
FTS Fortis Utilities – Regulated Electric 4.10% 74.50% 5
AQN Algonquin Power Utilities – Renewable 4.00% 70.50% 8

 

Learn more about dividend investing and read out expert tips on dividend strategies.

If you are looking for alternative dividend stocks, check out our Best Real Estate Investment Trusts Paying Monthly Dividends or our Top Monthly Dividend Stocks.

Related Articles: Finding Great Stocks With Stock Rover

Dividend Growth Stock Screener 5 Step Strategy for 2021

6 Steps to Build Your Dividend Stock Screener & Strategy

Buying Stocks for Dividends? 7 Things You Need to Know

LEAVE A REPLY

Please enter your comment!
Please enter your name here