Dividend Capture Strategy: 5 High Yield Stocks to Buy in April

1. Townsquare Media, Inc. (NYSE:TSQ)

Ex-Dividend Date: April 27

Dividend Yield as of March 30: 16.26%

On March 17, Barrington analyst Patrick Sholl lowered the firm’s price recommendation on Townsquare Media, Inc. (NYSE:TSQ) to $10 from $12. It reiterated an Outperform rating on the shares. The firm said its sum-of-the-parts approach now applies a more conservative multiple to the company’s traditional radio assets.

During the Q4 2025 earnings call, CEO Bill Wilson said results for the fourth quarter and full year came in line with the company’s guidance for total net revenue and adjusted EBITDA. He pointed to strong execution by the team, even as the operating environment remained challenging. He noted that digital now makes up about 55% of total net revenue, up from 52% in 2024.

Segment profit from digital solutions also increased to 56%, compared with 50% the year before. He said the company’s digital-first local media strategy continues to deliver results for clients. It has also helped the company gain market share and outperform peers in 2025. Wilson also addressed questions around the dividend. He said management does not focus heavily on the implied dividend yield, as it believes the value of the digital advertising business is not fully reflected in the current share price. He added that both management and the board remain confident in the company’s cash flow and its ability to maintain the dividend at its current level.

Townsquare Media, Inc. (NYSE:TSQ) operates as a community-focused media and marketing company. It runs across three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising.

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