Baillie Gifford's top dividend stocks (July 2026) include Itau Unibanco Holding S.A. (ITUB), a leading Brazilian financial services company that provides a broad range of banking and credit products to retail and corporate clients.

Baillie Gifford is an independent investment management firm headquartered in Edinburgh, Scotland, that has been operating since 1908. The firm is structured as a private partnership and manages global investment portfolios for institutional clients and retail investors, focusing on long-term asset management across various international sectors.

Itau Unibanco Holding S.A. (ITUB)

Itau Unibanco is a heavyweight in the Latin American banking sector, offering everything from retail banking to asset management and insurance services. The company maintains a significant operational footprint across Brazil and several other South American nations, serving millions of individual and business accounts.

Baillie Gifford currently maintains a position in the bank valued at $67.26M. This holding provides a dividend yield of 7.93% alongside a trailing twelve-month dividend rate of $0.59, while the company's discounted cash flow is currently calculated at 2.45.

Here's an overview of Baillie Gifford's trades in Itau Unibanco Holding S.A.:

Banco Bradesco S.A. (BBD)

As a major player in the Brazilian financial landscape, Banco Bradesco provides a comprehensive suite of banking and insurance products. The institution is known for its extensive network of branches and digital services that cater to a diverse demographic across the region.

The current value of the position in Baillie Gifford's portfolio for Banco Bradesco stands at $126.28M. Investors note its 6.92% current dividend yield and a TTM dividend rate of $0.28, with a discounted cash flow value of -0.69.

Here's an overview of Baillie Gifford's trades in Banco Bradesco S.A.:

Sun Communities, Inc. (SUI)

Sun Communities is a real estate investment trust that specializes in the ownership and operation of manufactured housing communities and recreational vehicle resorts. The company also manages a growing portfolio of marinas, providing lifestyle-focused residential and vacation options across North America and the United Kingdom.

This REIT represents a holding currently valued at $4.57M within the portfolio. The stock features a current dividend yield of 6.80% and a trailing twelve-month dividend rate of $4.24; meanwhile, the analyst price target is 143.4 with a discounted cash flow value of 146.25.

Here's an overview of Baillie Gifford's trades in Sun Communities, Inc.:

Progressive Corp. (PGR)

Progressive is one of the largest providers of car insurance in the United States, offering a variety of personal and commercial coverage options. Beyond its signature auto insurance, the company also markets policies for homes, boats, and other specialized property through its direct and agency channels.

Progressive carries a current portfolio position value of $7.9M in the firm's holdings. It offers a dividend yield of 6.20% and a TTM dividend rate of $13.90, while maintaining an analyst price target of 225.0 and a discounted cash flow value of 59.37.

Here's an overview of Baillie Gifford's trades in Progressive Corp.:

Petroleo Brasileiro S.A. Petrobras (PBR)

Petrobras is a Brazilian multinational energy corporation primarily involved in the exploration and production of oil and natural gas. The company operates complex offshore projects and a vast network of refineries, positioning itself as a central figure in the global energy market.

The current value of the position in Baillie Gifford's portfolio for this energy giant is $718.13M. The company currently pays a dividend yield of 6.09% with a trailing twelve-month dividend rate of $1.15, supported by an analyst price target of 21.67 and a discounted cash flow of 9.91.

Here's an overview of Baillie Gifford's trades in Petroleo Brasileiro S.A. Petrobras: