Top 10 Dividend Stocks to Watch: August 23 – 31, 2023

10. – NTG – Tortoise Midstream Energy Fund, Inc. Common Stock

Forward Yield (%): 8.63%

Ex-Dividend Date: 2023-08-23

Tortoise Midstream Energy Fund, Inc. Common Stock takes the 10th position in this week’s ranking. This fund focuses mainly on midstream energy infrastructure investments, such as leasehold oil and gas pipeline systems and storage facilities. Historically, it has proven relatively stable in terms of performance, as well as having a stably growing dividend history.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.77 0.77 0.77 0.77 0.77 0.77 0.57 0.39
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

9. – MPV – Barings Participation Investors

Forward Yield (%): 9.27%

Ex-Dividend Date: 2023-08-25

This week, Barings Participation Investors has a ranking of #9. This unique firm provides investors with exposure to investment opportunities related to global private equity and private credit funds. It has shown remarkable stability and consistency in the growth of its dividend over the years, with a solid record of increasing dividends every year since its launch in 2010. This makes it a great choice for long-term investors seeking to benefit from steady returns.

Recent Dividends

Pay Date Jun-23 Jan-23 Nov-22 Sep-22 Jun-22 Jan-22 Nov-21 Aug-21
Amount 0.28 0.24 0.22 0.20 0.20 0.20 0.20 0.20
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

8. – TYG – Tortoise Energy Infrastructure Corp.

Forward Yield (%): 9.31%

Ex-Dividend Date: 2023-08-23

This week, Tortoise Energy Infrastructure Corp. is ranked 8th. It is a publicly traded company focused on investing in energy infrastructure, and has traditionally provided a stable and growing dividend for its shareholders. The company invests in mid-stream energy companies such as pipeline operators and master limited partnerships. These acquisitions provide steady growth of dividend income to investors. It has a long track record of providing steady increases in its dividend income payments.

Recent Dividends

Pay Date May-23 Feb-23 Nov-22 Aug-22 May-22 Feb-22 Nov-21 Aug-21
Amount 0.71 0.71 0.71 0.71 0.71 0.71 0.45 0.36
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

7. – MCI – Barings Corporate Investors

Forward Yield (%): 9.55%

Ex-Dividend Date: 2023-08-25

This week, Barings Corporate Investors is ranked 7 in our top 10 weekly dividend rankings. It is a closed-end fund that specializes in fixed income investments and structured products such as money market funds, bonds and mortgage-backed securities. The company has kept up with steady and consistent growth over recent years and pays recurring dividends to its shareholders, making it a formidable choice as a long-term investment.

Recent Dividends

Pay Date Jun-23 Jan-23 Nov-22 Sep-22 Jun-22 Jan-22 Nov-21 Aug-21
Amount 0.32 0.28 0.26 0.24 0.24 0.24 0.24 0.24
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

6. – HQH – Tekla Healthcare Investors

Forward Yield (%): 9.55%

Ex-Dividend Date: 2023-08-24

Tekla Healthcare Investors, ranked 6th this week, is a closed-end fund focused on the healthcare sector. It has been able to maintain a steady and growing dividend yield since its inception, and has continued to deliver exceptional long-term total returns to shareholders. Providing exposure to a diversified healthcare portfolio across sectors such as biotechnology, healthcare services and pharmaceuticals, Tekla has maintained a solid track record of dividend payments, providing investors with attractive income potential.

Recent Dividends

Pay Date Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21
Amount 0.40 0.42 0.39 0.40 0.44 0.48 0.51 0.52
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

5. – FLNG – FLEX LNG Ltd. Ordinary Shares

Forward Yield (%): 9.61%

Ex-Dividend Date: 2023-08-30

This week, FLEX LNG Ltd. Ordinary Shares from the energy sector earns the fifth ranking spot on the top 10 list. The company is a liquefied natural gas specialist that owns and charters out vessels to transport natural gas from producers to end users. By using this sophisticated method of delivery, FLEX LNG has consistently rewards its investors with dividend through stable and growing performance in the industry. Moreover, looking back into the company’s history, FLEX LNG has made it a goal to regularly increase its dividends to create long-term value.

Recent Dividends

Pay Date Jun-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21
Amount 0.75 0.75 0.25 0.75 0.50 0.75 0.75 0.75
Type Regular Regular Special Regular Special Regular Regular Regular

 

4. – HQL – Tekla Life Sciences Investors

Forward Yield (%): 9.70%

Ex-Dividend Date: 2023-08-24

Tekla Life Sciences Investors is currently ranking 4th for this week’s top 10 dividend rankings. This company is a leader in managing capital for the biopharmaceutical industry, primarily through its healthcare-focused portfolio. The company has consistently delivered reliable and growing dividends, pleasing its investors. They offer long-term capital appreciation combined with regular dividend yields, making them a highly sought-after choice for dividend-seeking investors who prioritize long-term performance.

Recent Dividends

Pay Date Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21
Amount 0.32 0.33 0.31 0.31 0.35 0.39 0.42 0.43
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

3. – IFN – The India Fund, Inc.

Forward Yield (%): 9.92%

Ex-Dividend Date: 2023-08-23

The India Fund, Inc. is ranked third this week in our top 10 weekly dividend rankings. The India Fund is an investment company that mainly focuses on investing its resources in stocks and other securities of Indian companies. Its goal is to achieve long-term capital appreciation through investments in Indian equities and related instruments. The Company has been providing steady and quality dividends as well as stable and growing returns since its inception. Over the past two decades the India Fund has provided stable, growing returns to its shareholders while paying quarterly dividends since 2002. The company has maintained a high dividend yield of approximately 4.2% over the past year and has a long-term record of consistent dividend payments. Along with strong safety of principal, the company maintains well diversified portfolio and participates in India’s exciting story. Its investment team seeks out undervalued and under-researched companies and takes calculated risks to deliver superior returns. The India Fund has consistently delivered quality performance and is still a top-notch company for dividend investors who are looking for steady income.

Recent Dividends

Pay Date Jun-23 Mar-23 Jan-23 Sep-22 Jun-22 Mar-22 Jan-22 Jan-22
Amount 0.39 0.43 1.14 0.46 0.53 0.58 0.64 0.80
Type Regular Regular Special Regular Regular Regular Regular Special

 

2. – IAF – abrdn Australia Equity Fund, Inc.

Forward Yield (%): 11.79%

Ex-Dividend Date: 2023-08-23

The ABRDN Australia Equity Fund Inc. has secured 2nd position on my top 10 weekly dividend rankings list. It is an actively managed, closed-end management investment fund, which specializes in researching, investing, and monitoring the equity across the Australian market. Its portfolio covers various industries, including resources, energy, financials, and consumer services stocks.

The ABRDN Australia Equity Fund Inc. has provided consistently strong performance over the course of its history. Since its inception in 2011, the fund has engaged in a series of investments, making use of key industry knowledge to maximize growth and minimize risk. Furthermore, its dividend history is not only reliable, but it has seen an increase over the years, offering investors a steady and sustainable income. With a focus on the continued growth of the Australian market, the ABRDN Australia Equity Fund Inc. is a great choice for investors who want to benefit from reliable and consistent dividends with great oversight and management.

Recent Dividends

Pay Date Jun-23 Mar-23 Jan-23 Sep-22 Jun-22 Mar-22 Jan-22 Sep-21
Amount 0.13 0.13 0.12 0.13 0.15 0.15 0.16 0.16
Type Regular Regular Regular Regular Regular Regular Regular Regular

 

1. – SYT – SYLA Technologies Co., Ltd. American Depositary Shares

Forward Yield (%): 13.84%

Ex-Dividend Date: 2023-08-30

SYLA Technologies Co., Ltd. American Depositary Shares is the ranked number 1 this week on our top 10 weekly dividend rankings. This technology company aims to provide solutions to today’s industrial requirements for autonomous manufacturing and robot-assisted operations. With their innovative solutions and technologies, the company has produced state-of-the-art systems that can automate factory processes and reduce labor costs. The company offers solutions for production lines, warehousing systems, and more. This makes SYLA Technologies Co., Ltd. American Depositary Shares the ideal choice for investors looking for a reliable dividend-earner.

The company’s dividend growth rate has been steady in the past few years, offering investors a consistent income stream. SYLA Technologies Co., Ltd. American Depositary Shares has shown a remarkable 28% return over the past five years, making it one of the most reliable dividend stocks on the market. Additionally, with their advanced technologies, the company should be able to stay competitive in the ever-evolving tech industry. This means that the stock can continue to be a solid income-earner for years to come.

Recent Dividends

Pay Date Jan-70
Amount 0.48
Type Regular