5 Dividend Stocks with 10%+ Yield

In this article, we discuss 5 dividend stocks with over 10% yield. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 10 Dividend Stocks with 10%+ Yield. 

5. Hercules Capital, Inc. (NYSE:HTGC)

Dividend Yield as of May 16: 11.76%

Hercules Capital, Inc. (NYSE:HTGC) is a California-based capital markets company that provides senior secured venture growth loans to venture capital-backed companies. On May 2, the company declared a quarterly dividend of $0.39 per share and a special dividend of $0.08 per share. The company has a long history of distributing supplemental dividends, which makes it one of the best dividend stocks on our list. In addition to this, it maintains a 4-year streak of consistent dividend growth. The stock has a dividend yield of 11.76%, as of May 16.

JMP Securities maintained an Outperform rating on Hercules Capital, Inc. (NYSE:HTGC) with a $15 price target, highlighting the company’s recent quarterly earnings. The firm appreciated the company’s credit quality, net investment income, and total investment income.

At the end of December 2022, 12 hedge funds tracked by Insider Monkey reported having stakes in Hercules Capital, Inc. (NYSE:HTGC), up from 9 in the previous quarter. These stakes have a consolidated value of over $47.7 million.

4. Capital Southwest Corporation (NASDAQ:CSWC)

Dividend Yield as of May 16: 12.25%

Capital Southwest Corporation (NASDAQ:CSWC) is an American capital market company. On April 27, the company declared a 1.9% hike in its quarterly dividend to $0.54 per share. This marked the company’s fourth dividend hike post-pandemic. Its dividend yield on May 19 came in at 12.25%.

At the end of Q4 2022, 8 hedge funds tracked by Insider Monkey owned stakes in Capital Southwest Corporation (NASDAQ:CSWC), compared with 9 a quarter earlier. These stakes have a collective value of over $33.4 million.

3. Barings BDC, Inc. (NYSE:BBDC)

Dividend Yield as of May 16: 13.16%

Barings BDC, Inc. (NYSE:BBDC) is a North Carolina-based business development company. In its first quarter of 2023, the company reported a total interest income of roughly $52 million, which showed a 62% growth from the same period last year. The company’s total assets, as of March 2023, stood at over $2.7 billion.

On May 4, Barings BDC, Inc. (NYSE:BBDC) declared a quarterly dividend of $0.25 per share, consistent with its previous dividend. The company started paying dividends in 2018 and has raised its payouts multiple times since then, which makes it one of the best dividend stocks on our list. The stock’s dividend yield on May 16 came in at 13.16%.

At the end of Q4 2022, 10 hedge funds tracked by Insider Monkey held investments in Barings BDC, Inc. (NYSE:BBDC), the same as in the previous quarter. These stakes have a total value of over $34 million. With over 2.2 million shares, Callodine Capital Management was the company’s leading stakeholder in Q4.

2. Arbor Realty Trust, Inc. (NYSE:ABR)

Dividend Yield as of May 16: 13.2%

An American real estate investment trust company, Arbor Realty Trust, Inc. (NYSE:ABR) is next on our list of the best dividend stocks. The company raised its quarterly dividend by 5% on May 5 to $0.42 per share. Through this hike, the company took its dividend growth streak to 11 years. The stock has a dividend yield of 13.2%, as recorded on May 16.

As of the close of Q4 2022, 17 funds in Insider Monkey’s database owned stakes in Arbor Realty Trust, Inc. (NYSE:ABR), up from 13 a quarter earlier. These stakes are collectively valued at over $68.5 million.

1. Medical Properties Trust, Inc. (NYSE:MPW)

Dividend Yield as of May 16: 15.72%

A healthcare-centric real estate investment trust company, Medical Properties Trust, Inc. (NYSE:MPW) currently pays a quarterly dividend of $0.29 per share. In 2022, the company raised its dividend for the ninth consecutive year. With a dividend yield of 15.72%, as of May 16, it is one of the best dividend stocks on our list.

In April, Stifel maintained a Buy rating on Medical Properties Trust, Inc. (NYSE:MPW) with a 412 price target. The firm lauded the company’s double-digit dividend yield.

At the end of Q4 2022, 28 hedge funds in Insider Monkey’s database were long Medical Properties Trust, Inc. (NYSE:MPW), up from 23 in the previous quarter. The stakes owned by these hedge funds have a collective value of over $367.5 million.

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