10 High-Paying Dividend Stocks Yielding 5% or More

Not all high-paying dividend stocks are created equal, but investors wanting impressive yields should consider these 10 quality picks.

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(Image credit: Getty Images)

The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it's starting to move higher, it's still at a paltry 1.7%. So what are yield-hungry investors left to do?

Thankfully, there is no shortage of high-paying dividend stocks on Wall Street. And in a time of market volatility, like we've seen throughout 2022, quality income-paying names can be used as a defensive play in portfolios.


Data is as of Sept. 19. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price. Stocks are listed in order of yield, lowest to highest.

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Will Ashworth
Contributing Writer, Kiplinger.com

Will has written professionally for investment and finance publications in both the U.S. and Canada since 2004. A native of Toronto, Canada, his sole objective is to help people become better and more informed investors. Fascinated by how companies make money, he's a keen student of business history. Married and now living in Halifax, Nova Scotia, he's also got an interest in equity and debt crowdfunding.