5 Stocks with Highest Dividend Right Now

2. Diana Shipping Inc. (NYSE:DSX)

Dividend Yield as of October 10: 17.34%

Diana Shipping Inc. (NYSE:DSX) is a Greece-based global shipping company that owns and operates a fleet of bulk carriers. The company has raised its dividends every year since it started paying dividends in 2021, which makes it one of the best dividend stocks with high yields. It currently pays a quarterly dividend of $0.15 per share and has a dividend yield of 17.34%, as of October 10.

At the end of June 2023, 7 hedge funds tracked by Insider Monkey’s database owned stakes in Diana Shipping Inc. (NYSE:DSX), compared with 9 in the previous quarter. The total value of these stakes is roughly $20 million.

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