2023 Dividend Stocks: Top 40 Dividend Stocks

This report analyzes 40 dividend stocks to identify those that are expected to provide the highest dividend yield in 2023. The report includes a comprehensive analysis of each stock, including earnings and estimates, per-share data, ratios and margins, efficiency, liquidity, profitability, and capital structure. The report aims to provide investors with insights into the stocks that may be the most attractive for dividend investing in 2023.

1. ZIM INTEGRATED SHIPPING SERVICES LTD (XNYS:ZIM): ZIM Integrated Shipping Services Ltd is a global container shipping company that operates a fleet of over 100 vessels and serves customers in more than 100 countries. With a focus on innovation, technology, and sustainability, ZIM is committed to providing reliable and efficient shipping solutions that meet the evolving needs of its customers. Real our detailed analysis for ZIM here:
2. SAN JUAN BASIN UNT (XNYS:SJT): San Juan Basin Royalty Trust is a royalty trust that owns interests in oil and natural gas properties in the San Juan Basin in New Mexico. With a long-term history of generating steady income for its unitholders, San Juan Basin Royalty Trust is a popular choice among income-seeking investors.
3. BERRY CORPORATION (BRY) (XNAS:BRY): Berry Corporation is an independent upstream energy company engaged in the exploration, development, and production of oil and natural gas reserves in the United States. With a strong focus on operational excellence, Berry Corporation is committed to maximizing shareholder value through sustainable growth and disciplined capital allocation. Read our detailed analysis of Berry Corporation here.
4. SITIO ROYALTIES CORP. (XNYS:STR): Sitio Royalties Corp. is a mineral royalty company that owns interests in oil and natural gas properties in the United States. With a diversified portfolio of high-quality assets and a disciplined approach to capital allocation, Sitio Royalties is well-positioned to benefit from the long-term growth of the energy industry. Read our detailed analysis of STR here.
5. ICAHN ENTERPRISES UNT (XNAS:IEP): Icahn Enterprises L.P. is a diversified holding company that owns and operates a portfolio of businesses across a range of industries, including automotive, energy, real estate, and food packaging. With a focus on creating value for its shareholders through strategic acquisitions and operational improvements, Icahn Enterprises is a popular choice among value-oriented investors. We are SUSPENDING our review of Icahn Enterprises due to on going controversy after the release of Hindenburg Research report. .
6. FS KKR CAPITAL CORP. (XNYS:FSK): FS KKR Capital Corp. is a business development company that provides customized credit solutions to middle-market companies across a range of industries. With a highly experienced management team and a disciplined investment approach, FS KKR Capital Corp. is well-positioned to capitalize on opportunities in the rapidly evolving credit markets.
7. HERCULES CAPITAL, INC. (XNYS:HTGC): Hercules Capital, Inc. is a specialty finance company that provides debt and equity financing to venture capital-backed and other high-growth companies in the technology, life sciences, and sustainable and renewable technology industries. With a proven track record of success and a focus on innovation and growth, Hercules Capital is a popular choice among investors seeking exposure to the dynamic technology sector.
8. ALLIANCE RESOURCE PARTNERS UNT (XNAS:ARLP): Alliance Resource Partners, L.P. is a diversified coal producer and marketer that operates a portfolio of mining complexes in the United States. With a focus on operational excellence, environmental stewardship, and community engagement, Alliance Resource Partners is committed to sustainable growth and delivering value to its stakeholders.
9. DIANA SHIPPING INC. (XNYS:DSX): Diana Shipping Inc. is a global provider of shipping transportation services that specializes in the ocean transportation of dry bulk cargoes. With a modern and diversified.
10. Nordic American Tankers Limited (NAT) is a shipping company based in Bermuda that primarily operates tanker vessels in the international market.
11. Civitas Resources, Inc. (CIVI) is a natural gas company based in Houston, Texas that focuses on developing and producing oil and natural gas from shale formations.
12. DHT Holdings, Inc. (DHT) is a shipping company based in Hamilton, Bermuda that owns and operates a fleet of crude oil tankers for the transportation of oil and petroleum products.
13. Black Stone Minerals, L.P. (BSM) is an oil and natural gas company based in Houston, Texas that focuses on the exploration, development, and production of oil and natural gas properties.
14. Barings BDC, Inc. (BBDC) is a business development company that provides financing solutions to middle-market companies across various industries.
15. Goldman Sachs BDC, Inc. (GSBD) is a business development company that invests in middle-market companies and provides financing solutions, including debt and equity investments.
16. B. Riley Financial, Inc. (RILY) is a financial services company that provides investment banking, corporate finance, and asset management services to a diverse range of clients.
17. Oaktree Specialty Lending Corp. (OCSL) is a specialty finance company that provides customized lending solutions to middle-market companies in the United States.
18. Camping World Holdings, Inc. (CWH) is a retail company that specializes in selling recreational vehicles, camping equipment, and outdoor gear to consumers across the United States.
19. Genco Shipping & Trading Limited is a shipping company based in New York that owns and operates a fleet of dry-bulk vessels for the transportation of commodities such as iron ore, coal, and grain.
20. Enviva Partners, LP (EVA) is a leading global energy company that specializes in sustainable wood biomass products. They produce and sell wood pellets that are used as a renewable fuel source for power generation.
21. Vitesse Energy, Inc. (VTS) is a US-based oil and gas exploration and production company. They focus on developing oil and gas reserves in the Permian Basin and other shale formations in Texas.
22. Pioneer Natural Resources Company (PXD) is a large independent oil and gas exploration and production company based in the US. They operate in the Permian Basin, Eagle Ford Shale, and other regions in Texas.
23. OneMain Holdings, Inc. (OMF) is a consumer finance company that offers personal and auto loans, as well as other financial services, to customers in the US.
24. Blackstone Secured Lending Fund (BXSL) is a private equity fund managed by Blackstone Group that invests in secured loans and other debt instruments.
25. Ares Capital Corporation (ARCC) is a leading business development company (BDC) that provides financing solutions to middle-market companies in the US.
26. Crestwood Equity Partners LP (CEQP) is a US-based energy company that operates in the midstream sector. They provide storage, transportation, and processing services for natural gas, crude oil, and other energy products.
27. Star Bulk Carriers Corp. (SBLK) is a global shipping company that owns and operates a fleet of dry bulk vessels. They transport various commodities, including coal, iron ore, and grain.
28. Ardmore Shipping Corporation (ASC) is a shipping company that specializes in the transportation of petroleum products and chemicals. They operate a fleet of tankers that are used to transport these products around the world.
29. Owl Rock Capital Corporation (ORCC) is a specialty finance company that provides financing solutions to middle-market companies in the US. They focus on direct lending and debt investments in various sectors, including healthcare, technology, and energy.
30. Prospect Capital Corporation (PSEC) is a publicly-traded investment company that specializes in debt and equity investments in middle-market companies. They aim to generate income and capital appreciation for their shareholders through their diversified investment portfolio.
31. Equitrans Midstream Corporation (ETRN) is a natural gas midstream company that owns and operates natural gas transmission, storage, and gathering systems in the Appalachian Basin. They are committed to providing safe, reliable, and affordable energy to their customers.
32. Golub Capital BDC, Inc. (GBDC) is a business development company that provides financing solutions to middle-market companies in the United States. They offer customized debt and equity financing to support growth, acquisitions, and other strategic initiatives.
33. New York Community Bancorp, Inc. (NYCB) is a bank holding company that operates through its subsidiary, New York Community Bank. They provide a range of banking and financial services to consumers and businesses in the New York metropolitan area and other markets.
34. SFL Corporation Ltd. (SFL) is a shipping company that owns and operates a diversified fleet of vessels, including container ships, dry bulk carriers, and tanker vessels. They provide global shipping services to customers in a range of industries.
35. Ardagh Metal Packaging SA (AMBP) is a global supplier of metal and glass packaging solutions for food, beverage, and other consumer goods industries. They are committed to sustainability and innovation in their products and operations.
36. Energy Transfer LP (ET) is a midstream energy company that owns and operates a diverse portfolio of energy assets, including natural gas, crude oil, and refined products pipelines, as well as storage and processing facilities. They are committed to delivering safe, reliable, and affordable energy to their customers.
37. Franchise Group, Inc. (FRG) is a holding company that owns and operates a diverse portfolio of franchise businesses in the United States and internationally. Their brands include Liberty Tax Service, The Vitamin Shoppe, and Buddy’s Home Furnishings, among others.
38. Cal-Maine Foods, Inc. (CALM) is the largest producer and marketer of shell eggs in the United States. They sell their eggs to retailers, distributors, and foodservice operators under various brands, including Egg-Land’s Best, Land O’Lakes, and Farmhouse.
39. Equitrans Midstream Corporation – EQT Preferred is a series of preferred shares issued by Equitrans Midstream Corporation, a natural gas midstream company that owns and operates natural gas transmission, storage, and gathering systems in the Appalachian Basin. The preferred shares offer a fixed dividend yield and rank senior to the company’s common shares in terms of priority of payment.