Top 5 Dividend Stocks with 10%+ Yield

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1. Runway Growth Finance Corp. (NASDAQ:RWAY)

Dividend Yield as of June 27: 25.47%

On June 15, BofA downgraded Runway Growth Finance Corp. (NASDAQ:RWAY) to Underperform from Neutral. It lowered its price target on the stock to $5.50 from $9. The analyst said the company’s first-quarter results highlighted continued pressure on earnings, rising non-accruals, and a decline in net asset value per share. BofA expects profitability to remain under pressure, leading to further erosion in NAV per share and “another dividend reset.” The analyst also noted that concentration risk worsened the impact of negative credit migration. While better sourcing and greater diversification should help reduce that risk over time, the firm believes it will take time for those improvements to fully materialize.

During the company’s Q1 2026 earnings call, CFO and COO Thomas Raterman said the company generated total investment income of $29.5 million and net investment income of $10.6 million during the first quarter. He also noted that the portfolio’s risk rating changed mainly because two loans, Marley Spoon and BlueShift, were moved to Category 5 and placed on nonaccrual status.

Runway Growth Finance Corp. (NASDAQ:RWAY) is a specialty finance company focused on providing senior secured loans to high-growth companies in technology, healthcare, business services, financial services, select consumer services and products, and other high-growth industries.

While we acknowledge the potential of RWAY 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 RWAY and that has 100x upside potential, check out our report about the cheapest AI stock.

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