Dividend-paying stocks could be an attractive way to generate passive income, especially if you are focused on long-term portfolio growth. With yields that often outpace savings accounts or bonds, these stocks could provide a steady income stream while offering exposure to equity growth. The best part is that they allow you to earn even while markets may move sideways. Before diving in, it is important to know where you stand financially and how dividend stocks fit into your broader investment plan.
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What is a dividend stock?
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Dividend stocks are shares of companies that regularly distribute a portion of their earnings back to shareholders in the form of cash payments, known as dividends. Investors may choose these stocks for the steady income they could provide, in addition to any capital appreciation.
Companies that pay dividends are often established businesses with consistent cash flows, though payout levels can vary depending on company performance. Dividend stocks can play a key role in an income strategy, but investors should remember that dividend yields can fluctuate and past performance does not guarantee future returns.
Here are 10 of the highest-paying dividend stocks you could buy right now.
Invesco Ltd (NYSE:IVZ)
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Invesco is a global investment management company offering mutual funds, ETFs, and other financial products. As of September 18, 2025, its shares traded at $22.65, with a dividend per share (DPS) of $0.83.
Despite market challenges in asset management, Invesco has generally maintained consistent payouts to shareholders. Investors may see it as a way to gain exposure to financial services while collecting reliable dividend income.
The AES Corp (NYSE:AES)
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AES is a global power company focused on electricity generation and distribution, with investments in renewable energy. As of September 18, 2025, shares were priced at $12.95, and the company's DPS stood at $0.70.
Utilities like AES are often considered stable dividend payers thanks to their essential services. While AES has been investing heavily in clean energy transitions, it continues to reward investors with dividends along the way.
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- 30-39
- 40-49
- 50-59
- 60-69
- 70-79
- 80+
Travel+Leisure Co (NYSE:TNL)
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Travel+Leisure is a hospitality and timeshare company that has benefited from post-pandemic travel demand. Its shares were priced at $61.51 on September 18, 2025, with a DPS of $2.12.
The company's consistent dividend reflects the rebound in global tourism and leisure spending. Investors interested in consumer discretionary stocks with income potential may find Travel+Leisure appealing.
Comerica Inc (NYSE:CMA)
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Comerica is a Texas-based financial services company with operations in commercial banking, wealth management, and retail banking. On September 18, 2025, shares traded at $70.34, with a DPS of $2.84.
Like many banks, Comerica has faced interest rate pressures, but it continues to prioritize dividends for shareholders. The stock may appeal to income investors seeking exposure to the financial sector.

Janus Henderson Group PLC (NYSE:JHG)
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Janus Henderson provides asset management services across global markets. Its stock was valued at $45.19 as of September 18, 2025, with a DPS of $1.58.
The company has a history of steady distributions, supported by recurring revenue from managed assets. Dividend investors may find JHG attractive for its global exposure and consistent payouts.
Cadence Bank (NYSE:CADE)
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Cadence Bank serves retail and commercial clients in the U.S., offering loans, deposits, and wealth services. Its stock traded at $38.12 on September 18, 2025, with a DPS of $1.05.
Regional banks like Cadence often focus on shareholder returns, including dividends. While performance depends on economic conditions, Cadence's dividend makes it a noteworthy pick in the banking space.
American Electric Power Co Inc (NASDAQ:AEP)
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AEP is a major U.S. electric utility with a large customer base across 11
states. On September 18, 2025, the stock price was $106.44, with a DPS of
$3.72.
Utilities may often be favored by dividend investors
for their reliability, and AEP has a long track record of steady payouts. The
company's diversified energy mix may also offer growth potential alongside its
dividend.
JM Smucker Co (NYSE:SJM)
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The JM Smucker Company, best known for its packaged food brands such as jams and spreads, has been a steady dividend payer for decades. As of September 18, 2025, its shares traded at $106.68, with a DPS of $4.34.
Consumer staples companies like Smucker often deliver stable dividends due to consistent demand. For income investors, SJM combines defensive qualities with dependable payouts.
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Murphy Oil Corp (NYSE:MUR)
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Murphy Oil is an independent oil and gas company with operations in North America. On September 18, 2025, shares stood at $27.03, with a DPS of $1.28.
Energy companies can experience volatility, but Murphy has maintained shareholder distributions through cycles. Investors seeking higher yield opportunities in the energy sector may consider Murphy's dividends worth watching.
Lincoln National Corp (NYSE:LNC)
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Lincoln National provides insurance and retirement solutions, including annuities and life insurance. As of September 18, 2025, its stock price was $39.80, with a DPS of $1.80.
The company's business model generates steady cash flows, supporting its dividend policy. For investors seeking exposure to the insurance sector, Lincoln's dividend payments are a notable feature.
Bottom line
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Dividend stocks could be an important way to balance growth and income in an investment portfolio. Some sectors, like utilities and consumer staples, have long histories of reliable dividends, while others, like energy and financial services, can provide higher yields but may experience more volatility.
If you are considering dividend stocks, review your goals, risk tolerance, and how they fit into your overall financial plan. The consistency of dividends can make them appealing, but remember that past performance does not ensure future results. Now may be the time to reflect on your approach and decide if this is the right moment to start investing in dividend-paying companies.
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