Bar chart of the highest current yields among the dividend-paying shares this site tracks.

Dividend stocks

Highest-yielding dividend stocks

Dividend-paying US-listed stocks and REITs ranked by current yield, highest first — with the reason a number at the top of this list deserves more scepticism than one in the middle.

Securities in this list 236
Median forward yield est. 7.12% Last regular payment annualised ÷ price. Middle of the list, not an average
Median trailing 12m yield 7.12% Cash actually paid over the last 365 days ÷ price
Most rising years in our history 34 yrs Longest run of rising years inside the payment history we store, which starts later than some issuers' own records
Next ex-dividend date Aug 28 Earliest ex-date strictly after today
Which securities this list covers
Every figure on this page covers US-listed common stocks and REITs only. Preferred series and exchange-traded baby bonds are excluded by the database query itself, not filtered out by hand: both pay a contractual coupon on a fixed face amount rather than a dividend a board can raise, and they are covered on the preferred stocks and bonds pages instead. Fund wrappers — ETFs, closed-end funds and covered-call funds — and pass-through structures such as BDCs and MLPs are outside this set too, because a fund distribution is the sum of what its holdings paid minus fees, which is not the same measurement as a company dividend. Counts, medians, averages and sector aggregates below are computed across that equity set and nothing else.

This page ranks the dividend payers we cover by their current yield, which is the forward annual payment divided by the latest price. Everything here yields at least 5% and is worth at least $300m, so the list is not dominated by micro-caps whose single quarterly payment can move the number by a third.

The first thing to understand about a list like this is that it is sorted by a fraction, and the fastest way to the top of it is for the denominator to fall. A share that has halved while maintaining its dividend doubles its yield overnight. That is why the top of any highest-yield table skews towards companies the market has already marked down: the yield is high because somebody is selling, and the sellers usually have a reason.

Sometimes the reason is structural rather than distressed. REITs and partnerships are required or expected to distribute most of their taxable income, so their yields sit permanently above the market. Closed-end funds and covered-call funds pay out option premium and, in some cases, return of capital, which is not earnings at all. In those cases a high yield is a feature of the wrapper, not a signal about the business — and the right comparison is against other securities of the same type, not against the market average.

The columns most worth reading beside the yield are the payout ratio and the number of rising years — remembering that the rising-year figure counts only as far back as the payment history we hold, so it is a floor for a long-established payer rather than the company's record. A payment that consumes more than the company earns has to be funded from cash, borrowing or asset sales, and none of those three lasts indefinitely. A long record does not guarantee the next payment, but it does tell you the board has protected the dividend through at least one downturn.

Forward yield and trailing yield are two different numbers
Two different yields appear in these tables and they are not interchangeable, which is why neither is ever headed simply 'Yield' and why both columns spell their basis out in the header rather than in a note. Yield (forward est.) is a forward estimate: the most recent regular payment multiplied by the number of payments a year, divided by the latest price. It describes what the next twelve months would pay if the payment and the price both stood still, and neither of those is promised. Yield (trailing 12m) looks backwards: the cash actually paid out over the last 365 days, divided by the same price. Where a security's cadence is irregular, or its last payment is too old for the stream to look live, the forward column falls back to the trailing figure — that is why the two columns are sometimes identical. A gap between them is information rather than an error: it usually means the payment was raised or cut during the year, or that a special distribution sits inside the trailing number. Neither column is comparable to a Treasury yield, a bond's yield to maturity, a credit index effective yield or a bank deposit APY without first adjusting for what each of those measures.

The list

Every security in our database matching this list's filter. Click a ticker for its full payment history.

Open in the screener →

Our payment history for a security begins wherever the data provider's history begins — often the early 1970s — so a rising-year figure in this table counts only the years we can see: an issuer may have raised its dividend for decades before our first stored payment, which means the numbers here are frequently shorter than the record the company itself reports, and the issuer's own investor-relations page is the authority on that record.

The table below lists 100 of the 236 securities matching this filter. Ranked on the forward yield estimate (last regular payment x payments per year, over the latest price). The trailing twelve-month yield is shown beside it so you can see whether the forward figure is an extrapolation of something that actually happened. Each row shows the structure of the security, its sector, the latest stored price and market capitalisation, both yield bases, the forward dividend per share, the payment schedule, the number of rising years visible in our own payment history and the next ex-dividend date after today. It is a research screen, not a recommendation.

Highest-yielding dividend stocks — computed from stored prices and individual dividend payments. Yield (forward est.) annualises the last regular payment; Yield (trailing 12m) is the cash paid over the last 365 days. Both are divided by the latest stored price. The rising-years column counts only the years inside our own payment history.
Save Ticker Name Type Sector Price Market cap Yield (forward est.)Latest payment, annualised, over today's price. Yield (trailing 12m) Forward div / share / yrWhat a share is on track to pay over a year. Pays Rising yrs (our history) Next ex-date (after today)
AD Array Digital Infrastructure Inc Common stock Communication Services $35.86 $3.09B 59.26% 59.26% $21.25 0
TASK TaskUs, Inc. Common stock Technology $7.96 $718.10M 45.85% 45.85% $3.65 0
IEP Icahn Enterprises L.P. Common stock Energy $6.64 $4.46B 30.12% 30.12% $2.00 Quarterly 0
UWMC UWM Holdings Corporation Common stock Financial Services $1.51 $2.29B 26.49% 26.49% $0.40 Quarterly 0
BRBS Blue Ridge Bankshares, Inc. Common stock Financial Services $3.92 $352.45M 21.68% 21.68% $0.85 Quarterly 1
IVR Invesco Mortgage Capital Inc. REIT Real Estate $7.44 $690.61M 19.35% 22.31% $1.44 Monthly 0
ORC Orchid Island Capital, Inc. REIT Real Estate $6.72 $1.17B 17.86% 20.24% $1.20 Monthly 0 Aug 31, 2026
ARR ARMOUR Residential REIT, Inc. REIT Real Estate $16.40 $1.91B 17.56% 17.56% $2.88 Monthly 0
PMT PennyMac Mortgage Investment Trust REIT Real Estate $9.29 $810.11M 17.22% 17.22% $1.60 Quarterly 0
MHNC Maiden Holdings North America, Ltd. Common stock Financial Services $11.61 $1.15B 16.69% 16.69% $1.94 Quarterly 1
MFA MFA Financial, Inc. REIT Real Estate $8.84 $902.51M 16.29% 16.29% $1.44 Quarterly 1
CCAP Crescent Capital BDC, Inc. Common stock Financial Services $10.70 $394.07M 15.71% 15.71% $1.68 0 Aug 31, 2026
DX Dynex Capital, Inc. REIT Real Estate $13.01 $3.22B 15.68% 15.68% $2.04 Monthly 2
BCSF Bain Capital Specialty Finance, Inc. Common stock Financial Services $12.09 $784.26M 15.63% 15.63% $1.89 0 Sep 15, 2026
MHLA Maiden Holdings, Ltd. 6.625 NT 2046 Common stock Financial Services $10.61 $919.04M 15.61% 15.61% $1.66 Quarterly 0 Aug 28, 2026
CIM Chimera Investment Corporation REIT Real Estate $11.61 $971.13M 15.50% 14.13% $1.80 Quarterly 0
RWT Redwood Trust, Inc. REIT Real Estate $4.72 $592.87M 15.25% 15.25% $0.72 Quarterly 0
GSBD Goldman Sachs BDC, Inc. Common stock Financial Services $10.10 $1.14B 15.25% 15.25% $1.54 1 Aug 31, 2026
OTF Blue Owl Technology Finance Corp. Common stock Financial Services $11.18 $5.17B 14.31% 14.31% $1.60 0 Sep 21, 2026
FSCO FS Credit Opportunities Corp. Common stock Financial Services $5.07 $1.03B 14.06% 14.94% $0.71 Monthly 3+ †
BXMT Blackstone Mortgage Trust, Inc. REIT Real Estate $14.03 $2.36B 13.40% 13.40% $1.88 Quarterly 0
ABR Arbor Realty Trust REIT Real Estate $5.15 $990.66M 13.20% 18.25% $0.68 Quarterly 0
AGNC AGNC Investment Corp. REIT Real Estate $10.91 $12.52B 13.20% 13.20% $1.44 Monthly 0 Aug 31, 2026
IIPR Innovative Industrial Properties, Inc. REIT Real Estate $57.62 $1.67B 13.19% 13.19% $7.60 Quarterly 0
TYG Tortoise Energy Infrastructure Corporation Common stock Financial Services $43.25 $745.16M 13.18% 12.67% $5.70 Monthly 0 Sep 23, 2026
BRSP BrightSpire Capital, Inc. REIT Real Estate $4.87 $616.17M 13.14% 13.14% $0.64 Quarterly 0
NLY Annaly Capital Management, Inc. REIT Real Estate $23.10 $17.41B 12.99% 12.34% $3.00 Quarterly 1
UAN CVR Partners, LP Common stock Basic Materials $124.50 $1.32B 12.85% 11.62% $16.00 Quarterly 1
WU The Western Union Company Common stock Financial Services $7.34 $2.29B 12.81% 12.81% $0.94 Quarterly 0 Sep 16, 2026
FDUS Fidus Investment Corporation Common stock Financial Services $19.75 $749.60M 12.56% 11.19% $2.48 Quarterly 0 Sep 15, 2026
KRP Kimbell Royalty Partners, LP Common stock Energy $15.17 $1.50B 12.39% 10.55% $1.88 Quarterly 0
TRTX TPG RE Finance Trust, Inc. REIT Real Estate $7.80 $598.80M 12.31% 12.31% $0.96 Quarterly 0
STWD Starwood Property Trust, Inc. REIT Real Estate $16.12 $5.98B 11.91% 11.91% $1.92 Quarterly 0
NREF NexPoint Real Estate Finance, Inc. REIT Real Estate $17.35 $327.01M 11.53% 11.53% $2.00 Quarterly 0 Sep 15, 2026
MNR Mach Natural Resources LP Common stock Energy $12.52 $2.09B 11.50% 14.38% $1.44 Quarterly 0
EFC Ellington Financial Inc. REIT Real Estate $13.58 $1.70B 11.49% 11.49% $1.56 Monthly 0 Aug 31, 2026
HQL Tekla Life Sciences Investors Common stock Financial Services $21.67 $658.94M 11.44% 10.34% $2.48 Quarterly 0
TXO TXO Partners, L.P. Common stock Energy $13.99 $772.84M 11.44% 10.08% $1.60 Quarterly 0
HQH Abrdn Healthcare Investors Common stock Financial Services $23.61 $1.35B 11.18% 10.46% $2.64 Quarterly 0
TWO Two Harbors Investment Corp. REIT Real Estate $12.18 $1.28B 11.17% 11.17% $1.36 Quarterly 0
ADAM Adamas Trust, Inc. REIT Real Estate $9.84 $884.23M 10.98% 9.76% $1.08 Quarterly 1 Sep 22, 2026
ALIT Alight, Inc. Common stock Technology $14.96 $394.08M 10.70% 10.70% $1.60 Quarterly 0
TY Tri-Continental Corporation Common stock Financial Services $35.61 $1.90B 10.38% 10.38% $3.69 2
VTS Vitesse Energy, Inc. Common stock Energy $16.99 $715.35M 10.30% 11.77% $1.75 Quarterly 2+ † Sep 15, 2026
MSIF MSC Income Fund, Inc. Common stock Financial Services $12.71 $576.34M 10.23% 10.23% $1.30 0 Sep 02, 2026
BKE The Buckle, Inc. Common stock Consumer Cyclical $43.73 $2.25B 10.06% 10.06% $4.40 0
SBR Sabine Royalty Trust Common stock Energy $74.46 $1.09B 9.98% 6.41% $7.43 Monthly 1
MRP Millrose Properties, Inc. REIT Real Estate $30.96 $4.77B 9.95% 9.72% $3.08 Quarterly 0
AMSF AMERISAFE, Inc. Common stock Financial Services $26.18 $489.66M 9.93% 9.93% $2.60 0 Sep 11, 2026
RITM Rithm Capital Corp. REIT Real Estate $10.17 $5.68B 9.83% 9.83% $1.00 Quarterly 0
BDN Brandywine Realty Trust REIT Real Estate $3.28 $566.62M 9.76% 9.76% $0.32 Quarterly 0
FIZZ National Beverage Corp. Common stock Consumer Defensive $33.36 $3.12B 9.74% 9.74% $3.25 1
DMLP Dorchester Minerals, L.P. Common stock Energy $28.93 $1.40B 9.54% 11.04% $2.76 Quarterly 0
PBR Petróleo Brasileiro S.A. - Petrobras Common stock Energy $17.85 $115.03B 9.46% 9.46% $1.69 0
FBRT Franklin BSP Realty Trust, Inc. REIT Real Estate $8.48 $704.23M 9.43% 13.09% $0.80 Quarterly 0
GAM General American Investors Company, Inc. Common stock Financial Services $67.95 $1.63B 9.42% 9.42% $6.40 3
AOMN Angel Oak Mortgage REIT, Inc. 9 REIT Real Estate $25.24 $628.84M 9.41% 9.41% $2.38 Quarterly 0
LADR Ladder Capital Corp REIT Real Estate $9.97 $1.26B 9.23% 9.23% $0.92 Quarterly 0
RWTN Redwood Trust, Inc. 9.125% Seni REIT Real Estate $24.75 $3.11B 9.22% 9.22% $2.28 Quarterly 0
RMR The RMR Group Inc. Common stock Real Estate $19.67 $626.88M 9.15% 9.15% $1.80 Quarterly 0
GOOD Gladstone Commercial Corporation REIT Real Estate $13.12 $635.10M 9.15% 9.15% $1.20 Monthly 0 Sep 21, 2026
ARLP Alliance Resource Partners, L.P. Common stock Energy $26.47 $3.41B 9.07% 9.07% $2.40 Quarterly 0
CIMN Chimera Investment Corporation REIT Real Estate $25.14 $997.15M 8.96% 8.96% $2.25 Quarterly 1+ †
AB AllianceBernstein Holding L.P. Common stock Financial Services $36.62 $3.41B 8.96% 9.48% $3.28 Quarterly 2
MCI Barings Corporate Investors Common stock Financial Services $18.00 $370.00M 8.89% 8.89% $1.60 0 Aug 28, 2026
CHCT Community Healthcare Trust Incorporated REIT Real Estate $15.02 $429.15M 8.79% 11.73% $1.32 Quarterly 10+ †
CIMP Chimera Investment Corporation REIT Real Estate $25.27 $1.05B 8.78% 8.03% $2.22 Quarterly 0
MPT Medical Properties Trust, Inc. REIT Real Estate $4.11 $2.46B 8.76% 8.52% $0.36 Quarterly 0 Sep 10, 2026
WLKP Westlake Chemical Partners LP Common stock Basic Materials $21.62 $762.02M 8.72% 8.72% $1.89 Quarterly 0
GRNT Granite Ridge Resources, Inc Common stock Energy $5.05 $666.07M 8.71% 8.71% $0.44 Quarterly 0 Aug 28, 2026
BMNP Bitmine Immersion Technologies, Inc. Common stock Financial Services $94.77 $10.48B 8.69% 2.37% $8.23 Weekly 0 Sep 01, 2026
NXRT NexPoint Residential Trust, Inc. REIT Real Estate $24.44 $621.07M 8.67% 8.59% $2.12 Quarterly 10+ † Sep 15, 2026
BSM Black Stone Minerals, L.P. Common stock Energy $14.89 $3.16B 8.60% 8.19% $1.28 Quarterly 0
SAZ Saratoga Investment Corp 8.50% Common stock Financial Services $25.20 $314.95M 8.43% 8.43% $2.12 Quarterly 0
INSW International Seaways, Inc. Common stock Industrials $99.05 $4.90B 8.41% 8.41% $8.33 Quarterly 0 Sep 10, 2026
JSM Navient Corporation SR NT 6% 121543 Common stock Financial Services $18.16 $4.98B 8.26% 8.26% $1.50 Quarterly 0 Sep 14, 2026
PMTU PennyMac Mortgage Investment Trust REIT Real Estate $25.72 $826.82M 8.26% 8.26% $2.12 Quarterly 0 Sep 15, 2026
AHRT AH Realty Trust, Inc. REIT Real Estate $6.79 $651.23M 8.25% 8.25% $0.56 Quarterly 0
GNL Global Net Lease, Inc. REIT Real Estate $9.25 $1.96B 8.22% 8.22% $0.76 Quarterly 0
MCHB Mechanics Bank Common stock Financial Services $16.09 $3.54B 8.14% 8.14% $1.31 Quarterly 0 Aug 28, 2026
FGN F&G Annuities & Life, Inc. Common stock Financial Services $24.49 $4.37B 8.12% 8.12% $1.99 Quarterly 0 Sep 01, 2026
SAY Saratoga Investment Corp. Common stock Financial Services $25.11 $313.86M 8.09% 8.09% $2.03 Quarterly 0
TLK Telkom Indonesia Persero Tbk PT ADR Common stock Communication Services $15.20 $14.98B 8.08% 8.08% $1.23 Annual 1
UPBD Upbound Group, Inc. Common stock Technology $19.36 $1.13B 8.06% 8.06% $1.56 Quarterly 0
MNRO Monro Inc. Common stock Consumer Cyclical $13.96 $436.45M 8.02% 10.03% $1.12 Quarterly 0
SAJ Saratoga Investment Corp 8.00% Common stock Financial Services $25.06 $310.44M 7.98% 7.98% $2.00 Quarterly 0
ACIC American Coastal Insurance Corporation Common stock Financial Services $9.40 $455.56M 7.98% 7.98% $0.75 Quarterly 1
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. Common stock Financial Services $20.46 $982.08M 7.98% 7.98% $1.63 Monthly 0 Sep 08, 2026
CNA CNA Financial Corporation Common stock Financial Services $49.14 $13.30B 7.94% 7.94% $3.90 2
DEC Diversified Energy Company PLC Common stock Energy $14.67 $1.06B 7.91% 7.91% $1.16 Quarterly 0 Aug 28, 2026
SPME Sound Point Meridian Capital, Inc. Common stock Financial Services $25.10 $515.48M 7.84% 7.84% $1.97 Monthly 0 Sep 15, 2026
OWL Blue Owl Capital Inc. Common stock Financial Services $11.79 $18.43B 7.80% 7.72% $0.92 Quarterly 4+ †
BIPI BIP Bermuda Holdings I Limited Common stock Industrials $16.75 $13.31B 7.65% 7.65% $1.28 Quarterly 0 Sep 15, 2026
PZZA Papa John's International, Inc. Common stock Consumer Cyclical $24.11 $793.27M 7.63% 5.72% $1.84 Quarterly 0
ECCU Eagle Point Credit Company Inc. Common stock Financial Services $25.41 $517.25M 7.63% 7.63% $1.94 Quarterly 0 Sep 15, 2026
GLPI Gaming and Leisure Properties, Inc. REIT Real Estate $43.03 $12.19B 7.62% 7.34% $3.28 Quarterly 1
OXM Oxford Industries, Inc. Common stock Consumer Cyclical $36.80 $549.46M 7.61% 7.55% $2.80 Quarterly 5
TDG TransDigm Group Incorporated Common stock Industrials $1,192.60 $66.71B 7.55% 7.55% $90.00 3
MGRE Affiliated Managers Group, Inc. Common stock Financial Services $22.48 $9.49B 7.51% 7.51% $1.69 Quarterly 0 Sep 29, 2026
APOS Apollo Global Management, Inc. Common stock Financial Services $25.64 $74.99B 7.44% 7.44% $1.91 Quarterly 1 Sep 01, 2026

† A figure marked with a dagger is a floor, not a total. The rising run reaches the first year of payment history we hold for that security, so the count stops where our data stops rather than where the company's record does — the real record is longer by an amount we cannot see from here. Check the issuer's investor-relations page, which publishes its own dividend history, before quoting any of these numbers as a company record.

Showing 100 of 236 matching securities. The screener has the rest. Adjust this filter in the screener →

Data as of Aug 25, 2026.

Prices and market capitalisations last refreshed Aug 25, 2026; the yields, streaks and next ex-dates beside them were derived Aug 25, 2026. Nothing here is a live quote.

Read the top of this list carefully
A yield in this table is a snapshot of a ratio on a particular day, not a forecast of what you will receive. If the payment is cut after the price has already fallen, both halves of the number move against you at once.
How dividend income goes wrong
A dividend is a decision, not a contract. Boards can cut or suspend a payment at any meeting, and they usually do it at the worst moment — when earnings, the balance sheet and the share price are already under pressure, so the income and the capital fall together. A yield far above its peer group is normally the market pricing in that cut rather than an oversight: the yield is high because the price has already fallen. Dividends can also shrink in real terms if they grow more slowly than inflation, and a single-stock income stream concentrates company risk, sector risk and, for foreign payers, currency and withholding risk. Past payments are a record, not a promise.
About the research score
The research score is a screen, not a recommendation and not a credit rating. It blends the current yield, how much of reported earnings the payment consumes, the length of the rising-payment run visible in our stored history and how many years of payments we hold for the security at all — both of the last two are bounded by how far back our payment data goes, so a company with a long record but a short file scores lower than one with the same record and deeper data. A high score means a security matched those four mechanical tests on the day the numbers were computed. It says nothing about what the shares will do next, and it does not know about a lawsuit, a refinancing or a lost contract. Full definitions are on the methodology page.

How this list is built

This page is a single filter applied to the same database that drives every other table on the site: a security qualifies or it does not, and the order is set by the column named in the section heading. Nothing is hand-picked, promoted or paid for, and no position on the page implies anything about the merits of the security in it.

Yields, payment schedules, rising-year counts and payout ratios are all computed from the quotes and individual payments we store, so any figure here can be checked against the payment list on the security's own page. That also sets the limit on the rising-year column: it counts within the payments we hold and stops where they start, so for a long-established payer it is a floor and the issuer's own investor-relations page is the authority on the company's record. Where we hold no data — a missing payout ratio, an unknown next ex-date — the cell is blank rather than filled with an estimate. The next ex-date column shows only dates strictly after today, because a security going ex today is already trading without that payment. The methodology page sets out every definition in full.

Where each number on this page comes from. Price, market capitalisation and the security's name, sector and industry: Financial Modeling Prep, quote and company-screener endpoints, stored daily by pipeline/quotes.py and weekly by pipeline/universe.py. Individual dividend payments — amount, ex-date, record date, pay date and whether the payment was regular or special: Financial Modeling Prep, dividends endpoint, stored by pipeline/dividends_fmp.py. Payout ratio: Financial Modeling Prep, ratios-ttm endpoint, stored by pipeline/fundamentals.py and measured against GAAP earnings per share. Everything else — the forward yield estimate, the trailing twelve-month yield, the payment cadence, the count of rising years and the first year of history it could be counted from, the five-year growth rate, the next ex-date and the research score — is computed on this server by pipeline/compute.py from those stored payments and prices. No vendor's own yield field is printed anywhere in this section, which is why every figure here can be traced back to a list of individual payments on the security's own page.

Other cuts of the same data

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Common questions

What is the difference between the forward yield and the trailing 12-month yield in your tables?
They measure different things, so they appear in separate columns, each header names its own basis, and the two are never totalled or averaged together. The forward estimate — headed 'Yield (forward est.)' — is the most recent regular payment multiplied by the number of payments per year, divided by the latest price. It is an estimate of the next twelve months on the assumption that nothing changes. The trailing figure — headed 'Yield (trailing 12m)' — is the cash actually paid over the last 365 days divided by the same price, so it is a record rather than an estimate. Special dividends are excluded from the forward estimate because they are by definition not repeated, but they are inside the trailing number, which is one reason the two can differ. Where a payment cadence cannot be established, or the last payment is too old for the stream to look live, the forward column falls back to the trailing figure and the two columns show the same number.
Which securities are included in the figures on this page?
US-listed common stocks and REITs, and nothing else. Preferred series and exchange-traded baby bonds are excluded by the query: they pay a contractual coupon on a fixed face amount, which is a different instrument from a dividend a board votes on each quarter, and they are covered under preferred stocks and bonds. ETFs, closed-end funds, covered-call funds, BDCs and MLPs are also outside the set used for counts, medians, sector aggregates and the screener. Two curated lists — monthly payers and dividend ETFs — deliberately describe a wider universe, and each states at the top exactly which structures it contains.
Does 'upcoming ex-dividend date' include today?
No. On the ex-dividend date the shares already trade without the right to the payment, so a security going ex today is not an upcoming opportunity to receive that dividend — buying it this morning means the seller keeps the money. On the dividend stocks hub, securities going ex today are separated into their own labelled group rather than left inside the upcoming table, and every 'next ex-dividend date' figure on this site counts only dates strictly after today.
What does a very high yield usually mean?
Usually that the price has already fallen because the market expects the payment to be cut. Yield is a fraction: when the numerator is unchanged and the denominator collapses, the yield rises. A double-digit yield in a sector where everyone else pays 3% is a question to investigate, not a bargain to assume. It can also be an artefact — a fund distributing return of capital, a partnership passing through a one-off, or a stale price in our data.
Why is your rising-year figure shorter than the record the company reports?
Because the two count over different windows. Our figure counts consecutive rising calendar years inside the payment history stored in this database, and that history begins where our data provider's history begins — frequently the early 1970s. A company that has raised its dividend since the 1950s or 1960s was raising it long before our first stored payment, and we cannot see those years, so the number in our column stops at the edge of our file rather than at the start of the run. Where that happens the table prints the figure with a trailing plus and a dagger to mark it as a floor. It is not a correction of the company's number and it is not a competing count: the issuer's investor-relations page is the authority on its own record, and the figure here is only the part of that record we hold the payments for.

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