10 Stocks with Highest Dividend to Buy Right Now

5. Horizon Technology Finance Corporation (NASDAQ:HRZN)

Dividend Yield as of July 27: 15.94%

Horizon Technology Finance Corporation (NASDAQ:HRZN) is a specialty finance firm that provides loans and makes investments in early-stage companies operating in sectors like technology, life sciences, healthcare information and services, and clean technology — collectively known as its Target Industries.

In the first quarter of 2025, Horizon Technology Finance Corporation (NASDAQ:HRZN) reported net investment income of $0.27 per share, reflecting its ongoing commitment to sustaining shareholder distributions. Despite facing broader economic headwinds, it expanded its debt portfolio by $20 million during the quarter.

Horizon Technology Finance Corporation (NASDAQ:HRZN) also boosted its committed and approved investment pipeline to $236 million, laying a solid foundation for continued portfolio growth. CFO Dan Trolio highlighted the company’s strong financial position, noting $126 million in available liquidity, including $77 million in cash and $49 million accessible through credit lines. The company maintained a debt-to-equity ratio of 1.54:1, with net leverage at 1.29:1.

Horizon Technology Finance Corporation (NASDAQ:HRZN) is among the best stocks with the highest dividend, maintaining its payouts for 16 consecutive years. The company currently offers a monthly dividend of $0.11 per share for a dividend yield of 15.94%, as of July 27.