High Dividend Yield Stocks

The dividend yield is how much a stock pays in dividends each year, as a percentage of the stock price.

The formula to calculate the dividend yield is as follows:
Dividend Yield = (Annual Dividends Per Share / Stock Price) * 100%


Since it depends on the stock price, it is changed on a daily basis. It is a good indicator for dividend investors looking for an income source from stock dividend payments. Some investors compare it against the term deposit interest rate from the bank.

However, a dividend trap occurs when investors buy purely on the dividend yield without focusing on the sustainability of that yield, linked to the sustainability of the overall earnings. A company can have a high dividend yield not because of a large dividend but rather due to a decimated share price.


In terms of what is considered a high dividend yield stock, everyone has their own opinion. We just take 3% as general guidance to screen the stocks. Here is the list of stocks with dividend yields equal to or greater than 3%:

Code Company Name Dividend Ex-Dividend Date Market Cap Dividend Yield
CPG Crescent Point Energy $0.22 14/12/2022 4.14B 3.00%
ACNB ACNB Corporation $1.08 26/01/2023 306.20M 3.00%
ZION Zions Bancorporation,NA $1.58 09/11/2022 7.88B 3.00%
CNS Cohen & Steers $2.2 10/11/2022 3.58B 3.00%
AXS AXIS Capital Holdings $1.73 29/12/2022 4.87B 3.01%
MTN Vail Resorts $7.64 23/12/2022 10.23B 3.01%
RMBI Richmond Mutual Bancorporation $0.4 30/11/2022 156.64M 3.01%
UTL Unitil $1.56 10/11/2022 827.34M 3.02%
RUTH Ruth’s Hospitality Group $0.54 17/11/2022 593.65M 3.02%
SXC SunCoke Energy $0.28 17/11/2022 771.47M 3.03%
RCI Rogers Communications $1.47 08/12/2022 24.30B 3.03%
CVR Chicago Rivet & Machine Co. $0.88 02/12/2022 28.11M 3.03%
WABC Westamerica Bancorporation $1.68 04/11/2022 1.49B 3.03%
GBCI Glacier Bancorp $1.42 05/12/2022 5.18B 3.03%
MS Morgan Stanley $2.95 28/10/2022 162.69B 3.04%
TAP Molson Coors Beverage Company $1.52 01/12/2022 10.90B 3.04%
ALV Autoliv $2.58 21/11/2022 7.37B 3.04%
SSBI Summit State Bank $0.48 09/11/2022 106.21M 3.04%
DOLE Dole plc $0.32 15/12/2022 996.44M 3.05%
ALRS Alerus Financial $0.7 22/12/2022 459.11M 3.05%
MCBC Macatawa Bank $0.32 14/11/2022 358.90M 3.05%
SPNS Sapiens International Corporation $0.7 16/08/2022 1.31B 3.06%
SMMF Summit Financial Group $0.76 14/12/2022 317.62M 3.06%
ARES Ares Management $2.44 15/12/2022 23.52B 3.06%
SJR Shaw Communications $0.88 14/12/2022 14.26B 3.06%