5 Best High-Dividend Stocks to Buy Now

4. Black Stone Minerals, L.P. (NYSE:BSM)

Dividend Yield as of November 14: 10.96%

Black Stone Minerals, L.P. (NYSE:BSM) is involved in the oil and gas industry, particularly in the acquisition and management of mineral and royalty interests. On October 19, the company announced a quarterly dividend of $0.475 per share, which was consistent with its previous dividend. After slashing its dividend in 2020 due to the pandemic, the company has raised its payouts many times. The stock’s dividend yield on November 14 came in at 10.96%.

As of the close of Q2 2023, 8 hedge funds in Insider Monkey’s database reported having stakes in Black Stone Minerals, L.P. (NYSE:BSM), which remained unchanged from the previous quarter. The collective value of these stakes is more than $20.2 million. Epacria Capital Partners was the company’s leading stakeholder among these hedge funds.