The Highest-Yielding Dividend Stocks Right Now

The following is a data-driven screen of the highest-yielding dividend-paying stocks in our coverage universe, ordered by current annualized yield, with data-error outliers excluded. All figures reflect data as of 2026-08-26 and are refreshed as new information arrives. This is a factual research screen, not a recommendation to buy or sell any security.

1. Lument Finance Trust, Inc. (LFT) (Real Estate). The current annualized yield is 24.02%. Dividendly composite rank: 39/100. The payout ratio of -83974% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 13 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

2. OFS Credit Company, Inc. (OCCI) (Financial Services). The current annualized yield is 22.99%. Dividendly composite rank: 34/100. The payout ratio of -31018% leaves meaningful room for the dividend to be maintained or grown from current earnings. Dividend payments span roughly 7 years in the data. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

3. Horizon Technology Finance Corporation (HRZN) (Financial Services). The current annualized yield is 22.41%. Dividendly composite rank: 37/100. The payout ratio of -199526% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 15 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

4. Mineros S.A. (MSA.TO) (Basic Materials). The current annualized yield is 22.11%. Dividendly composite rank: 40/100. The payout ratio of 21% leaves meaningful room for the dividend to be maintained or grown from current earnings. Dividend payments span roughly 9 years in the data. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

5. Invesco Mortgage Capital Inc. (IVR) (Real Estate). The current annualized yield is 19.15%. Dividendly composite rank: 36/100. The payout ratio of 106% is elevated. Analysts typically examine free cash flow and balance-sheet strength alongside the stated ratio when assessing sustainability at this level. The company has paid a dividend for approximately 16 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

6. OFS Capital Corporation (OFS) (Financial Services). The current annualized yield is 18.94%. Dividendly composite rank: 38/100. The payout ratio of -4818% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 13 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

7. Eagle Point Credit Company Inc. (ECC) (Financial Services). The current annualized yield is 18.90%. Dividendly composite rank: 34/100. The payout ratio of -14839% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 11 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

8. Prospect Capital Corporation (PSEC) (Financial Services). The current annualized yield is 18.03%. Dividendly composite rank: 49/100. The payout ratio of 49% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 21 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

9. Orchid Island Capital, Inc. (ORC) (Real Estate). The current annualized yield is 17.91%. Dividendly composite rank: 34/100. The payout ratio of 112% is elevated. Analysts typically examine free cash flow and balance-sheet strength alongside the stated ratio when assessing sustainability at this level. The company has paid a dividend for approximately 13 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

10. Pearl Diver Credit Company Inc. (PDCC) (Financial Services). The current annualized yield is 17.77%. Dividendly composite rank: 34/100. The payout ratio of -9290% leaves meaningful room for the dividend to be maintained or grown from current earnings. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

11. ARMOUR Residential REIT, Inc. (ARR) (Real Estate). The current annualized yield is 17.63%. Dividendly composite rank: 38/100. The payout ratio of 88% is elevated. Analysts typically examine free cash flow and balance-sheet strength alongside the stated ratio when assessing sustainability at this level. The company has paid a dividend for approximately 16 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

12. The Allstate Corporation (ALL-PG) (Financial Services). The current annualized yield is 17.29%. The payout ratio of 11% leaves meaningful room for the dividend to be maintained or grown from current earnings. Dividend payments span roughly 8 years in the data. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

13. Sound Point Meridian Capital Inc (SPMC) (Financial Services). The current annualized yield is 17.20%. Dividendly composite rank: 31/100. The payout ratio of -4582% leaves meaningful room for the dividend to be maintained or grown from current earnings. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment.

14. PennyMac Mortgage Investment Trust (PMT) (Real Estate). The current annualized yield is 17.11%. Dividendly composite rank: 36/100. The payout ratio of 142% is elevated. Analysts typically examine free cash flow and balance-sheet strength alongside the stated ratio when assessing sustainability at this level. The company has paid a dividend for approximately 15 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

15. New York Mortgage Trust, Inc. (NYMT) (Real Estate). The current annualized yield is 16.88%. Dividendly composite rank: 43/100. The payout ratio of 77% is elevated. Analysts typically examine free cash flow and balance-sheet strength alongside the stated ratio when assessing sustainability at this level. The company has paid a dividend for approximately 21 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. A yield above 7% often warrants closer scrutiny: the market may be pricing in elevated risk, a potential cut, or a cyclical trough. The yield figure here is mechanical and does not reflect any qualitative assessment. Real estate investment trusts are generally required to distribute most taxable income; dividend levels can fluctuate with property values and financing costs.

This list is generated mechanically from current data and the Dividendly model. Dividend payments are not guaranteed. Past payment history is not a promise of future payments. Yields fluctuate with share price. This content is informational only and does not constitute investment advice.