Baillie Gifford's top dividend stocks (May 2026) include Itau Unibanco Holding S.A. (ITUB), one of Brazil's largest privately-owned banks offering a full range of financial products and services.

Baillie Gifford is a prominent Edinburgh-based investment management firm with a long-standing history of investing in growth companies globally. The firm is known for its distinctive long-term, fundamental approach to stock picking, focusing on identifying companies with significant future potential across various sectors.

Itau Unibanco Holding S.A. (ITUB)

Itau Unibanco Holding S.A. is a major financial conglomerate in Brazil and Latin America, providing a broad spectrum of banking products and services. These offerings include commercial banking, investment banking, asset management, and insurance solutions to a vast client base.
This Brazilian banking giant currently boasts an attractive dividend yield of 7.52%. Its trailing twelve-month dividend rate stands at $0.63, reflecting consistent returns to shareholders. The current value of this position in Baillie Gifford's portfolio is $83.99 million, with a discounted cash flow valuation of $2.62.
Here's an overview of Baillie Gifford's trades in Itau Unibanco Holding S.A.:

Healthpeak Properties Inc. (PEAK)

Healthpeak Properties Inc. is a real estate investment trust (REIT) focused on healthcare properties. The company invests in and develops a diverse portfolio including life science facilities, medical office buildings, and senior housing communities across key markets.
As a leading healthcare REIT, Healthpeak Properties Inc. offers shareholders a solid dividend yield of 7.43%. Over the last twelve months, the company has distributed $1.20 per share in dividends. Baillie Gifford's current portfolio holding in Healthpeak Properties is valued at $6.28 million, and it holds a discounted cash flow valuation of $17.40.
Here's an overview of Baillie Gifford's trades in Healthpeak Properties Inc.:

Progressive Corp. (PGR)

Progressive Corp. is a major insurance company in the United States, primarily known for its auto insurance offerings. They also provide various other personal and commercial lines of insurance, including property, motorcycle, boat, and RV insurance.
The prominent insurer Progressive Corp. currently delivers a dividend yield of 6.92%. Investors have seen a trailing twelve-month dividend rate of $13.90 from the company. Baillie Gifford's investment in Progressive Corp. has a current portfolio value of $10.99 million, and analysts have set a price target of $231.05, while its discounted cash flow value is $59.37.
Here's an overview of Baillie Gifford's trades in Progressive Corp.:

Petroleo Brasileiro S.A. Petrobras (PBR)

Petroleo Brasileiro S.A. (Petrobras) is a state-controlled Brazilian multinational corporation in the petroleum industry. It is involved in the exploration, production, refining, and transportation of oil and natural gas, as well as the generation of electricity.
Petrobras, Brazil's national oil company, currently offers a dividend yield of 6.56%. Its trailing twelve-month dividend rate comes in at $0.27 per share. Baillie Gifford holds a substantial $650.4 million position in Petrobras, and analysts tracking the stock have given it an average price target of $17.52, alongside a discounted cash flow figure of $9.91.
Here's an overview of Baillie Gifford's trades in Petroleo Brasileiro S.A. Petrobras:

Centrais Eletricas Brasileiras S.A. (EBR)

Centrais Eletricas Brasileiras S.A., commonly known as Eletrobras, is one of the largest power companies in Latin America. It operates in the generation, transmission, and distribution of electricity throughout Brazil, utilizing a diversified energy matrix.
As a major player in the Brazilian utilities sector, Centrais Eletricas Brasileiras S.A. provides an attractive 6.55% dividend yield. The company's trailing twelve-month dividend rate is $0.62. Baillie Gifford's current portfolio position in Eletrobras is valued at $2.43 thousand, with its discounted cash flow indicating -$1.74.
Here's an overview of Baillie Gifford's trades in Centrais Eletricas Brasileiras S.A.: