5 Stocks with Highest Dividend Right Now

4. TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)

Dividend Yield as of October 10: 15.70%

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) ranks fourth on our list of the best dividend stocks with high yields. The business development company currently pays a quarterly dividend of $0.40 per share and has a dividend yield of 15.70%, as of October 10. It also holds a strong history of paying special dividends to shareholders, which makes TPVG one of the best dividend stocks on our list.

As of the end of Q2 2023, 2 hedge funds tracked by Insider Monkey reported having stakes in TriplePoint Venture Growth BDC Corp. (NYSE:TPVG), which remained unchanged from the previous quarter. The collective value of these stakes is over $2 million.

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