20 Best Dividend Growth Stocks with High Yields

14. Evergy, Inc. (NASDAQ:EVRG)

Dividend Yield as of May 13: 4.01%

Evergy, Inc. (NASDAQ:EVRG) ranks fourteenth on our list of the best dividend stocks with high yields. The Missouri-based electric services company provides electricity generation, transmission, and distribution services to residential, commercial, industrial, and wholesale customers.

Evergy, Inc. (NASDAQ:EVRG) reported strong earnings in the first quarter of 2025. The company’s revenue came in at $1.37 billion, which grew by 3.27% from the same period last year and also beat analysts’ estimates by $356.5 million. During the quarter, key legislative developments were made to support economic growth in the region. In Missouri, Governor Mike Kehoe signed Senate Bill 4 into law, aimed at boosting infrastructure investment, resource reliability, and overall development. Meanwhile, Kansas passed Senate Bill 98 to strengthen its appeal to large data center clients, and House Bill 2107 emphasized the importance of ongoing infrastructure investments to reduce wildfire risks and enhance operational safety.

On May 8, Evergy, Inc. (NASDAQ:EVRG) declared a quarterly dividend of $0.6675 per share, which was in line with its previous dividend. Overall, the company has grown its dividends for 19 consecutive years. As of May 13, the stock has a dividend yield of 4.01%.