Top 10 Dividend Stocks to Watch: August 9 – 17, 2023
10. – ET – Energy Transfer LP Common Units representing limited partner interests
Forward Yield (%): 9.73%
Ex-Dividend Date: 2023-08-11
At #10 in our top 10 weekly dividend rankings is Energy Transfer LP Common Units representing limited partner interests. Energy Transfer is an American midstream energy company that provides natural gas services and storage predominantly in the US. It has provided its shareholders with steady and growing dividends for the past five years, making it a reliable and consistent performer even in uncertain times.
- Current stock price: $12.75
- Market Cap: $40.08 billion
- Declaration date: 2023-07-25
- Pay date: 2023-08-21
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.31 | 0.30 | 0.27 | 0.23 | 0.20 | 0.17 | 0.15 | 0.15 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
9. – ABR – Arbor Realty Trust, Inc.
Forward Yield (%): 10.29%
Ex-Dividend Date: 2023-08-14
This week Arbor Realty Trust, Inc. holds the ninth spot in Dividend Portfolio’s top 10 rankings of weekly dividend-paying stocks. Arbor focuses on investing in real estate for capital appreciation and current income. The company is considered very stable and has demonstrated a history of reliable dividend payouts. Arbor is a solid and dependable investment option for income investors who are seeking steady returns from a well-established company.
- Current stock price: $16.71
- Market Cap: $3.12 billion
- Declaration date: 2023-07-28
- Pay date: 2023-08-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Mar-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.42 | 0.40 | 0.40 | 0.39 | 0.38 | 0.37 | 0.36 | 0.35 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
8. – BSM – Black Stone Minerals, L.P.
Forward Yield (%): 10.76%
Ex-Dividend Date: 2023-08-10
This week, Black Stone Minerals, L.P. sits in the 8th spot on our dividend rankings. This natural resource production and royalty ownership company mainly manages mineral and royalty interests across the U.S. and has a track record of stably growing dividends and a history of growing total distributions to unitholders over the last decade.
- Current stock price: $17.66
- Market Cap: $3.71 billion
- Declaration date: 2023-07-25
- Pay date: 2023-08-18
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.47 | 0.47 | 0.45 | 0.42 | 0.40 | 0.27 | 0.25 | 0.20 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
7. – KRP – Kimbell Royalty Partners, LP Common Units representing Limited Partner Interests
Forward Yield (%): 10.86%
Ex-Dividend Date: 2023-08-11
Positioned at the seventh spot in our weekly dividend rankings, Kimbell Royalty Partners, LP Common Units representing Limited Partner Interests is an energy company that primarily operates in the natural resource sector. Kimbell Royalty has been focusing on developing its oil as well as gas assets which has resulted in a steady and stable growth in dividend payments over the past few years. Combining that with a growing portfolio, the company is on its way to becoming one of the most secure and viable dividend payers for investors.
- Current stock price: $14.37
- Market Cap: $0.94 billion
- Declaration date: 2023-08-02
- Pay date: 2023-08-21
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Feb-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.35 | 0.48 | 0.49 | 0.55 | 0.47 | 0.37 | 0.37 | 0.31 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
6. – AJX – Great Ajax Corp.
Forward Yield (%): 11.78%
Ex-Dividend Date: 2023-08-14
This week, Great Ajax Corp. occupies the 6th position on our top 10 dividend rankings. It is a real estate investment trust (REIT) specializing in residential mortgage loans and residential mortgage backed securities, providing a relatively stable dividend for its shareholders over the past decade. It has been able to maintain an impressive dividend streak throughout this volatile market, making it a strong addition to our rankings.
- Current stock price: $6.79
- Market Cap: $0.16 billion
- Declaration date: 2023-08-03
- Pay date: 2023-08-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Mar-22 | Jan-22 | Nov-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.20 | 0.25 | 0.27 | 0.27 | 0.26 | 0.26 | 0.10 | 0.24 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Special | Regular |
5. – DALN – DallasNews Corporation Series A Common Stock
Forward Yield (%): 13.65%
Ex-Dividend Date: 2023-08-10
The DallasNews Corporation Series A Common Stock lands in the 5th spot in our weekly dividend ranking. This company is an American media giant based in Dallas, Texas. The Company has a long history of stable and steadily growing dividends that has continued even in the current turbulent market. DallasNews primarily creates and distributes news content across various channels, both traditional and digital. This includes newspapers, television broadcasts, radio programs, apps, and websites. Shareholders have greatly benefited from the dividends tradings and other shareholder opportunities provided by this firm.
- Current stock price: $4.69
- Market Cap: $0.03 billion
- Declaration date: 2023-05-11
- Pay date: 2023-09-01
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.16 | 0.16 | 0.16 | 1.50 | 0.16 | 0.16 | 0.16 | 0.16 |
| Type | Regular | Regular | Regular | Special | Regular | Regular | Regular | Regular |
4. – NHTC – Natural Health Trends Corp.
Forward Yield (%): 13.70%
Ex-Dividend Date: 2023-08-14
This week, Natural Health Trends Corp. is rising up the rankings at #4. This company offers customers with a range of wellness, beauty, and lifestyle products, with a focus on health and wellness. Natural Health Trends has proven itself to be a reliable and stable player in its sector, consistently growing its dividend payouts since 2012, making it a safe bet for investors looking for long-term growth.
- Current stock price: $5.8401
- Market Cap: $0.07 billion
- Declaration date: 2023-08-02
- Pay date: 2023-08-25
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Mar-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
3. – LPG – DORIAN LPG LTD
Forward Yield (%): 14.12%
Ex-Dividend Date: 2023-08-09
Dorian LPG LTD occupies the 3rd position in this week’s top 10 weekly dividend rankings. Dorian LPG LTD is a global owner and operator of the LPG tankers that are engaged in the seaborne transportation of LPG. The company is in the business of owning and operating a fleet of very large gas carriers (VLGCs) and have been performing steadily since their founding in 2013. In 2017, Dorian LPGs achieved robust revenue growth of 93% and increased its dividend yield by 41%. Since then, Dorian LPGs has consistently paid quarterly dividends of $0.50 per share. The favorable global dynamics in the LPG market have bolstered Dorian LPG’s ability to return stable and growing dividends. Additionally, Dorian LPGs has made considerable investments in other LPG lines of business such as clean energy, hopper barges and shore piping systems, all of which strengthen its core operating performance and further increase its shareholders’ value.
- Current stock price: $28.33
- Market Cap: $1.14 billion
- Declaration date: 2023-07-27
- Pay date: 2023-09-06
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Feb-23 | Dec-22 | Sep-22 | Jun-22 | Jan-22 | Sep-21 |
|---|---|---|---|---|---|---|---|
| Amount | 1.00 | 1.00 | 1.00 | 1.00 | 2.50 | 1.00 | 1.00 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
2. – RWAY – Runway Growth Finance Corp. Common Stock
Forward Yield (%): 14.35%
Ex-Dividend Date: 2023-08-14
This week, Runway Growth Finance Corp. Common Stock (RGF) is firmly positioned at #2 on the top 10 weekly dividend rankings.
Runway Growth Finance Corp. is a closed-end, non-diversified management investment company that invests primarily in debt and equity securities of small- and micro-capitalization companies based in the United States. Its investment objective is to seek a high level of total return with an emphasis on current income, capital gains, and growth of capital over the long-term. The company has grown stably and continued to pay increasing dividends since its inception.
Runway Growth Finance Corp. invests in debt securities that are typically rated below investment grade and carry a higher risk than investments in higher-rated, investment-grade securities. It may also invest in other types of debt securities, including mezzanine debt, preferred equity, unsecured and secured loans, senior debt, convertible debt, subordinated debt, bridge financing, syndicated loans, letters of credit, and securities issued by foreign governments, their agencies, instrumentalities, and political subdivisions.
The company’s portfolio is managed by Portfolio Managers to generate income and long-term capital appreciation. It manages the company’s investments in accordance with its investment objective and does not limit its investments in any specific industry or geographic sector. The company has a track record of making above-average dividend payments and is well-positioned to continue with future dividend-growth-oriented investments over the long-term.
- Current stock price: $12.54
- Market Cap: $0.51 billion
- Declaration date: 2023-08-01
- Pay date: 2023-08-31
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Mar-22 | Nov-21 |
|---|---|---|---|---|---|---|---|
| Amount | 0.45 | 0.45 | 0.36 | 0.33 | 0.30 | 0.27 | 0.25 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
1. – UAN – CVR Partners, LP
Forward Yield (%): 18.62%
Ex-Dividend Date: 2023-08-11
This week, the top position on our list goes to CVR Partners, LP. CVR Partners is a provider of nitrogen fertilizer products and services. It is the general partner in CVR Refining, LP (NYSE: CVRR), which operates a crude oil refinery. CVR Partners was formed with the purpose of providing steady distributions to its unit holders. The partnership has been successful in achieving this, as they have grown dividends steadily since their founding in 2007. On top of growing dividends, the partnership has also been able to maintain its relatively healthy balance sheet, as well as generate positive cash flow. Furthermore, since 2013, CVRP has continued to report a growth in earnings. Thus, it is clear that CVR Partners is a reliable provider of steady and stable dividend income for its investors.
- Current stock price: $88.92
- Market Cap: $0.94 billion
- Declaration date: 2023-07-31
- Pay date: 2023-08-21
- Yahoo Finance Link
- Website Link
Recent Dividends
| Pay Date | May-23 | Mar-23 | Nov-22 | Aug-22 | May-22 | Mar-22 | Nov-21 | Aug-21 |
|---|---|---|---|---|---|---|---|---|
| Amount | 10.43 | 10.50 | 1.77 | 10.05 | 2.26 | 5.24 | 2.93 | 1.72 |
| Type | Regular | Regular | Regular | Regular | Regular | Regular | Regular | Regular |
