In this article, we will take a look at the 5 Stocks with Highest Dividend to Invest In Now. For deeper discussion and analysis, read 12 Stocks with Highest Dividend to Invest In Now.
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5. Hess Midstream LP (NYSE:HESM)
Dividend Yield as of June 16: 8.17%
On June 10, Morgan Stanley downgraded Hess Midstream LP (NYSE:HESM) to Underweight from Equal Weight. It set a $38 price target on the stock. The analyst said limited visibility into the company’s long-term growth prospects and sponsor strategy is “likely to constrain upside.” The firm also sees overhang risk and “a more negatively skewed risk/reward.”
During the first-quarter 2026 earnings call, Chief Executive Officer Jonathan Stein said the company completed a $60 million share and unit repurchase in March. He described the transaction as accretive and noted that it involved both public investors and the company’s sponsor. Stein also said Hess Midstream increased its distribution for Class A shares by 2% the previous week. According to him, that represents an annualized increase of about 8%.
On the operational side, Stein reported average throughput volumes of 430 million cubic feet per day for gas processing, 119,000 barrels per day for crude terminaling, and 115,000 barrels per day for water gathering during the quarter.
Looking ahead, Stein said the company remains on track to meet its annual guidance and continues to expect volume growth through the rest of the year. He added that planned maintenance at TGP in the second quarter is expected to temporarily reduce volumes by 5 million to 10 million cubic feet per day during the period.
Hess Midstream LP (NYSE:HESM) is a midstream company that owns, operates, develops, and acquires a diverse portfolio of midstream assets. The company provides services to Hess as well as third-party customers.
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.
3. Alliance Resource Partners, L.P. (NASDAQ:ARLP)
Dividend Yield as of June 16: 9.88%
On June 8, Alliance Resource Partners, L.P. (NASDAQ:ARLP) announced an agreement to acquire general partner and limited partner interests in AllDale Minerals III and AllDale Minerals IV for $206.2 million. AllDale III and IV hold approximately 48,500 net royalty acres across major basins and resource plays, including the Permian, Anadarko, Bakken, and Haynesville. Combined first-quarter production totaled 5,940 barrels of oil equivalent per day (boe/day), with 3,665 boe/day attributable to Alliance Resource’s economic interests. That production mix consisted of 27% oil, 18% natural gas liquids, and 55% natural gas.
Following the transaction’s completion, Alliance Resource’s aggregate economic interest in AllDale III and IV is expected to increase from about 5% to 61%. The company will also own 100% of the general partner interests in both entities.
Alliance Resource said the acquisition significantly strengthens its positions in the northern Delaware, Anadarko, and Bakken regions. According to the company, trailing 12-month new wells placed into production will increase by 59%, 78%, and 91% in those areas, respectively. The deal also provides entry into the Haynesville, a major natural gas resource play that supports growing LNG export demand.
Upon closing, Alliance Resource expects to control 115,860 net royalty acres, including 44,770 net royalty acres in the Permian Basin. Based on first-quarter figures, total production is expected to reach 17,295 boe/day, with 14,285 boe/day attributable to the company’s economic interests.
Alliance Resource Partners, L.P. (NASDAQ:ARLP) is a diversified energy company engaged in the production and marketing of coal to domestic utilities, industrial users, and international customers. The company also generates royalty income from oil and gas mineral interests located across the United States.
2. Conagra Brands, Inc. (NYSE:CAG)
Dividend Yield as of June 16: 10.32%
On June 5, Morgan Stanley lowered its price recommendation on Conagra Brands, Inc. (NYSE:CAG) to $13 from $15. It reiterated an Equal Weight rating on the shares. Looking ahead to off-cycle earnings reports from several packaged food companies in the coming weeks, analyst Megan Alexander Clapp said the market’s focus is firmly on fiscal 2027 outlooks. She noted that she is lowering estimates “again,” primarily to account for additional cost inflation.
Also on June 5, JPMorgan reduced its price goal on CAG to $14 from $17. It kept a Neutral rating on the stock as part of its fiscal fourth-quarter preview. Analyst Thomas Palmer said the company’s guidance and dividend risks appear to be well understood by the market.
Conagra Brands, Inc. (NYSE:CAG) is a branded food company with operations across four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.
1. Rithm Capital Corp. (NYSE:RITM)
Dividend Yield as of June 16: 10.88%
On June 16, BTIG lowered the firm’s price recommendation on Rithm Capital Corp. (NYSE:RITM) to $13 from $16. It reiterated a Buy rating on the shares. Analyst Eric Hagen said the interest rate environment has been more challenging in 2026 than previously expected. According to Hagen, this underscores the value of a balanced business model that can generate stable returns throughout different market cycles. BTIG remains constructive on mortgage originators based on current valuations, despite mortgage rates remaining elevated. The firm lowered its price targets across the group to reflect a more difficult outlook for interest rates and profitability.
Earlier, on May 20, Citizens raised its price goal on RITM to $13.50 from $12.50. It maintained an Outperform rating on the stock. Analyst Trevor Cranston said the company has demonstrated exceptional book value stability compared with other mortgage REITs. He added that Rithm’s discounted valuation, combined with its attractive dividend yield, should help limit downside risk.
Rithm Capital Corp. (NYSE:RITM) is a global asset manager focused on real estate, credit, and financial services. The company makes direct investments and operates several wholly owned businesses.
While we acknowledge the potential of RITM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RITM and that has 100x upside potential, check out our report about the cheapest AI stock.
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