10 Excessive Danger Dividend Shares To Keep away from

Revealed on January thirteenth, 2026 by Bob Ciura

Dividend shares are naturally interesting for earnings traders, however not all dividend shares are buys.

Earnings traders usually need to keep away from dividend cuts at any time when attainable. Not solely does a dividend lower lead to a lack of earnings, however an organization’s share worth usually declines after saying a dividend discount or suspension.

With this in thoughts, we compiled a listing of excessive dividend shares with dividend yields above 5%. You may obtain your free copy of the excessive dividend shares record by clicking on the hyperlink beneath:

 

Earnings traders ought to attempt to keep away from dividend cuts or elimination as a lot as attainable.

The ten shares on this article all have Dividend Danger Scores of ‘F’ (our lowest grade) within the Positive Evaluation Analysis Database, with payout ratios above 100%.

A payout ratio above 100% signifies the corporate shouldn’t be producing sufficient underlying earnings to maintain the dividend payout. This leaves a excessive chance of a dividend lower or elimination sooner or later sooner or later.

The record is sorted by dividend payout ratio, from lowest to highest.

Desk of Contents

You may immediately bounce to any particular part of the article by utilizing the hyperlinks beneath:

Excessive Danger Dividend Inventory #10: Prospect Capital (PSEC)

Prospect Capital Company is a Enterprise Improvement Firm, or BDC, that gives non-public debt and personal fairness to center–market corporations within the U.S.

The corporate focuses on direct lending to proprietor–operated corporations, in addition to sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional fairness investments. 

Prospect posted first quarter earnings on November sixth, 2025. Internet funding earnings was 17 cents per share, whereas whole funding earnings plummeted 20% year-over-year to $157.6 million. Whereas weak, these outcomes have been higher than feared.

The corporate continues to give attention to rotating property into its core enterprise of first lien senior secured center market loans, whereas lowering second lien loans. It additionally exited its subordinated notes portfolio, in addition to equity-linked property, together with actual property properties.

Whole originations have been $92 million, off from $271 million within the earlier quarter. Whole repayments have been $235 million, down from $445 million within the earlier quarter. That means internet originations of -$143 million for Q1, up from -$175 million within the prior quarter.

Whole investments at truthful worth have been $6.51 billion, down from $6.67 billion within the prior quarter. Curiosity-bearing investments yielded 11.8%, off from 12.2% within the prior quarter.

Click on right here to obtain our most up-to-date Positive Evaluation report on PSEC (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #9: Plains GP Holdings LP (PAGP)

Plains GP Holdings, by way of its subsidiary Plains All American Pipeline (PAA), manages midstream power infrastructure throughout the USA and Canada.

Their operations span two sectors: Crude Oil and Pure Fuel Liquids (NGLs). They transport these assets by means of pipelines, gathering techniques, and vans whereas offering storage, terminaling, throughput, NGL fractionation, isomerization, and pure gasoline processing companies.

Their logistics help producers, refiners, and shoppers within the power sector.

On November fifth, 2025, the corporate introduced outcomes for the third quarter of 2025. Plains GP Holdings reported Q3 non-GAAP EPS of $0.31, which missed the market’s estimates by $0.06. The corporate reported income of $11.58
billion for the quarter, down 7.1% year-over-year.

Working money movement remained sturdy at $817 million, whereas leverage exited the interval at a conservative 3.3x, close to the low finish of administration’s goal vary.

Wanting forward, PAGP is positioned to learn from a extra targeted crude oil portfolio following the deliberate divestiture of the Canadian NGL enterprise, anticipated to shut in early 2026.

Click on right here to obtain our most up-to-date Positive Evaluation report on PAGP (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #8: Oxford Sq. Capital (OXSQ)

Oxford Sq. Capital Corp. is a BDC (Enterprise Improvement Firm) specializing in financing early- and middle-stage companies by means of loans and investments in collateralized mortgage obligations.

On the finish of Q3, the entire truthful worth of Oxford Sq.’s funding portfolio was about $260.5 million throughout its debt, CLO fairness, and fairness/different holdings, allotted about 54.5% to senior secured debt, 43.5% to CLO fairness, and roughly 2% to fairness or different investments. Final 12 months, the BDC generated roughly $42.7 million in whole funding earnings.

On November sixth, 2025, Oxford Sq. Capital reported its Q3. The corporate generated roughly $10.2 million in whole funding earnings, primarily flat in contrast with $10.3 million in Q3 2024, as decrease acknowledged curiosity earnings from debt investments offset increased PIK earnings and stronger contributions from securitization automobiles.

The weighted common yield on debt investments elevated barely to 14.6% from 14.5% a 12 months earlier. The weighted common yield on CLO fairness investments stood at 9.7%, modestly increased than 9.6% in Q3 2024.

Whole bills have been about $4.7 million, in contrast with $4.2 million within the prior-year interval, primarily reflecting increased curiosity expense tied to the corporate’s excellent unsecured notes.

Internet funding earnings (NII) got here in at $5.6 million, or $0.07 per share, versus $6.2 million, or $0.10 per share, in Q3 2024.

Click on right here to obtain our most up-to-date Positive Evaluation report on OXSQ (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #7: Gladstone Land Corp. (LAND)

Gladstone Land Company is a REIT that focuses on the proudly owning and working of farmland within the U.S.

The belief owns about 160 farms, comprising greater than 100,000 acres of farmable land. Gladstone’s enterprise is made up of three totally different choices out there to farmers, all of that are carried out on a triple-net foundation.

The belief affords long-term sale leaseback transactions, conventional leases of farmland, and outright purchases of farm properties. Gladstone’s portfolio has an appraised worth of over $1.5 billion.

Gladstone posted third quarter earnings on November sixth, 2025, and outcomes have been higher than anticipated on each the highest and backside traces.

Funds-from-operations got here to 4 cents, which was significantly better than the breakeven anticipated by analysts. Income was off 21% year-over-year to $17.79 million, however that was nearly $3 million higher than estimated.

The decline in income and earnings was because of lease construction modifications, lack of income from asset gross sales, and ongoing tenant points. Administration famous mounted base money rents have been $5.4 million decrease than the year-ago interval, primarily because of lease modifications.

Participation rents have been up $1.9 million, pushed by earlier recognition of 2024 harvest funds and stronger pistachio pricing.

Core working bills fell by about $140k and associated celebration charges fell by $110k. Recurring money working bills have been flat.

Click on right here to obtain our most up-to-date Positive Evaluation report on LAND (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #6: Telus Corp. (TU)

TELUS Company is among the ‘huge three’ Canadian telecommunications corporations together with BCE, Inc. (BCE) and Rogers Communications (RCI).

TELUS is targeted in Western Canada and offers a full vary of communication services and products by means of two enterprise segments: Wireline and Wi-fi.

In early November, TELUS reported (11/7/25) monetary outcomes for the third quarter of fiscal 2025. The corporate posted first rate buyer progress.

It posted whole cellular buyer progress of 82,000, progress of mounted prospects by 206,000 and a wholesome churn price of 0.91% at its postpaid cellular enterprise.

Nonetheless, income remained primarily flat over the prior 12 months’s quarter. Earnings-per-share declined -15%, from $0.20 to $0.17, largely because of thinner working margins.

Administration now expects progress of income in direction of the low finish of its steerage for two%-4% and reiterated its steerage for 3%-5% progress of adjusted EBITDA in 2025.

Click on right here to obtain our most up-to-date Positive Evaluation report on TU (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #5: Robert Half Worldwide (RHI)

Robert Half Worldwide offers staffing and threat consulting companies for corporations all over the world.

Its three segments are Short-term and Guide Staffing, Everlasting Placement Staffing, and Danger Consulting and Inner Audit Providers, with advisor staffing constituting nearly all of revenues.

Short-term and Guide Staffing contains contributions from totally different sub-segments together with Accountemps, which affords accounting assist for corporations, Workplace Crew, which offers workplace employees for corporations, Robert Half Expertise, which helps corporations discover IT professionals, and Robert Half Administration Sources, which helps companies discover senior-level professionals.

Robert Half’s earnings plunged in each 2023 and 2024, and situations additional worsened in 2025.

On October twenty second, 2025, Robert Half Worldwide reported its Q3 outcomes. The corporate reported earnings-per-share of $0.43, which represented a pointy decline from the $0.64 throughout the identical interval of 2024.

Income of $1.35 billion declined 7.5% year-over-year. This quarter confirmed ongoing weak spot within the employment market. Administration guided to a sequential rise in revenues in This fall, which might be the primary quarter of enchancment since 2022.

Nonetheless, the steerage was nonetheless pretty uninspiring even taking that into consideration. Because the job market continues to point out indicators of softness, expectations for a cyclical flip at the moment are being pushed out to 2026.

Click on right here to obtain our most up-to-date Positive Evaluation report on RHI (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #4: Insperity Inc. (NSP)

Insperity is a number one supplier of human assets and enterprise efficiency options to companies. The corporate’s main goal prospects are small and midsize companies.

Numerous human assets capabilities are provided by means of Insperity’s merchandise, comparable to payroll and employment administration, worker advantages and compensation, authorities compliance, efficiency administration, coaching and growth companies, and human capital administration.

Insperity has over 90 workplaces throughout the U.S. and generated $6.6 billion income in 2024.

Insperity reported third quarter 2025 outcomes on November third, 2025. The corporate reported income elevated 4% to $1.62 billion because of a 3% improve in income per worksite worker (WSEE), and a rise of paid WSEEs. Adjusted EPS crashed to ($0.20) from $0.39 a 12 months in the past.

The company repurchased 225k shares for $19 million year-to-date.

Management downgraded its 2025 steerage, now anticipating a 1.0% to 1.1% improve in common WSEEs paid, and a 77% lower to 59% lower in adjusted EPS to $0.84 to $1.47, for a midpoint of $1.13.

NSP’s payout ratio is elevated at 175% of forecast earnings. The corporate has by no means lower its dividend, however this 12 months it isn’t prone to earn sufficient to cowl it.

Click on right here to obtain our most up-to-date Positive Evaluation report on NSP (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #3: Supply Rock Royalties Ltd. (SRRRF)

Supply Rock Royalties, is a pure-play oil and gasoline royalty firm targeted on buying high-netback pursuits throughout the Western Canadian Sedimentary Basin.

Working a capital-light, non-operating mannequin, the corporate generates top-line income by means of Gross Overriding Royalties (GORR), that are contractual slices of manufacturing from third-party working pursuits, and Price Title mineral pursuits, that are leased to operators for lessor royalties and signing bonuses.

Supply Rock’s portfolio is closely weighted (about 95%) towards mild and heavy oil manufacturing in southeast Saskatchewan and Alberta’s Clearwater play, with property operated by companions like Whitecap Sources and Rubellite Power.

Supply Rock was based in 2012 and headquartered in Calgary, Canada.

On December 1st, 2025, Supply Rock reported its Q3 outcomes. Royalty income declined 25% 12 months over 12 months to $1.1 million, reflecting a 12% lower in common day by day manufacturing and a 14% decline in realized oil costs.

Adjusted EBITDA fell 21% 12 months over 12 months to $1.0 million, or $0.02 per share, whereas FFO fell 13% to $0.9 million, or $0.02 per share, as decrease commodity pricing greater than offset reductions in administrative bills.

Internet earnings grew 12 months over 12 months, with whole complete earnings of $0.3 million, translating to $0.01 per share, supported by decrease depletion and share-based compensation prices.

Click on right here to obtain our most up-to-date Positive Evaluation report on SRRRF (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #2: Dynex Capital (DX)

Dynex Capital invests in mortgage–backed securities (MBS) on a leveraged foundation in the US. It invests in company and non–company MBS consisting of residential MBS, industrial MBS (CMBS), and CMBS curiosity–solely securities.

On October 20, 2025, Dynex Capital reported a complete financial return of 10.3% of starting e-book worth, pushed by a $0.72 per-share improve in e-book worth and $0.51 per share in dividends declared for the quarter.

Ebook worth per widespread share rose to $12.67 at September 30, 2025. GAAP efficiency was sturdy, with complete earnings of $1.20 per widespread share and internet earnings of $1.09 per share, supported by increased internet curiosity earnings and favorable marks as Treasury yields fell and company mortgage spreads tightened.

The corporate continued to lift and deploy capital, issuing $254 million of widespread fairness internet by way of at-the-market applications and utilizing the proceeds to develop its extremely liquid, agency-focused portfolio.

Purchases included roughly $2.4 billion of Company RMBS and $464 million of Company CMBS in the course of the quarter, reflecting administration’s desire for clear, readily valued property amid bettering market technicals.

Click on right here to obtain our most up-to-date Positive Evaluation report on DX (preview of web page 1 of three proven beneath):

Excessive Danger Dividend Inventory #1: Orchid Island Capital (ORC)

Orchid Island Capital is a mortgage REIT that’s externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), together with pass-through and structured company RMBSs.

These monetary devices generate money movement based mostly on residential loans comparable to mortgages, subprime, and home-equity loans.

On October 23, 2025, Orchid Island Capital, Inc. reported estimated internet earnings of $0.53 per widespread share for Q3 2025, with e-book worth per share estimated at $7.33 as of September 30, 2025.

The corporate declared a month-to-month dividend of $0.12 per share for October, retaining in keeping with its month-to-month payout technique.

The RMBS portfolio and derivatives portfolio advanced as the corporate remained targeted on company residential mortgage-backed securities paired with hedging methods.

Orchid Island highlighted that the funding backdrop stays engaging with bettering spreads and prepayment threat manageable given the portfolio’s coupon distribution and hedges.

Prepayment exercise remained a focus, with administration noting the necessity for continued vigilance given increased coupon swimming pools and refinancing dynamics.

Click on right here to obtain our most up-to-date Positive Evaluation report on Orchid Island Capital, Inc. (ORC) (preview of web page 1 of three proven beneath):

Extra Studying

If you’re desirous about discovering high-quality dividend progress shares and/or different high-yield securities and earnings securities, the next Positive Dividend assets might be helpful:

Excessive-Yield Particular person Safety Analysis

Different Positive Dividend Sources