5 Stocks with Highest Dividend to Invest In Now

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

Dividend Yield as of June 16: 8.73%

On May 29, RBC Capital initiated coverage of Black Stone Minerals, L.P. (NYSE:BSM) with a Sector Perform rating. It also set a $16 price target on the stock. The firm noted that the company’s portfolio is 76% gas-weighted, which contributes to a discounted valuation compared with its peers. According to the analyst, Black Stone’s growth potential is likely to be constrained by natural gas market fundamentals.

During the first-quarter 2026 earnings call, Co-CEO, President, and Director Taylor DeWalch said the company benefited from increased natural gas activity in the Louisiana Haynesville and Shelby Trough regions. He also pointed to strong oil production from the Permian Basin as a contributor to performance.

Looking ahead, DeWalch said the company expects production growth in 2026 compared with 2025. He noted that development activity continues to increase across Black Stone’s core operating areas and added that the company remains on track to meet the production guidance it issued in February.

Co-CEO, President, and Director Fowler Carter discussed the company’s ongoing investment program, saying Black Stone acquired an additional $12 million of mineral and royalty acreage during the quarter. He added that total capital deployed through the program since its launch in 2023 has exceeded $250 million.

Black Stone Minerals, L.P. (NYSE:BSM) owns and manages oil and natural gas mineral interests across the United States. The company’s primary focus is on maximizing the value of its mineral and royalty asset portfolio through active management.

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