Bill Miller's top dividend stocks (July 2026) include Arbor Realty Trust Inc. (ABR), a specialized real estate investment trust that focuses on providing debt capital and loan servicing for multifamily and commercial real estate properties.

Bill Miller is the founder and Chief Investment Officer of Miller Value Partners, an investment firm based in Baltimore. He is widely recognized for his value-oriented investment strategy, which often involves identifying companies that trade at significant discounts to their intrinsic business value.

Arbor Realty Trust Inc. (ABR)

Arbor Realty Trust operates as a direct lender and a servicer for a variety of real estate sectors, including multifamily, healthcare, and senior housing. The company maintains a nationwide presence, managing a diverse portfolio of structured finance assets through its proprietary lending platforms.

The current value of the position in Bill Miller's portfolio is $3.27M. This real estate trust offers a current dividend yield of 19.81% and features a trailing twelve-month dividend rate of $1.07. According to valuation models, the company has a discounted cash flow value of $4.86.

Here's an overview of Bill Miller's trades in Arbor Realty Trust Inc.:

Alliance Resource Partners, LP (ARLP)

Headquartered in Tulsa, Alliance Resource Partners is a major producer and marketer of coal to utilities and industrial users in the United States. Beyond its coal operations, the partnership also manages significant mineral interests in premier oil and gas producing regions across the country.

This investment currently represents $4.44M in Bill Miller's portfolio value. Investors in the partnership see a current dividend yield of 9.80% with a TTM dividend rate of $2.4. Furthermore, the firm has a calculated discounted cash flow value of $68.32.

Here's an overview of Bill Miller's trades in Alliance Resource Partners, LP:

Gray Television, Inc. (GTN)

Gray Television is a leading media company that owns and operates television stations and digital platforms in numerous markets across the United States. The company is a key affiliate for various national broadcast networks, producing local news and weather content for millions of viewers.

In Miller's current holdings, this position is valued at $21.32M. The company pays a trailing twelve-month dividend rate of $0.32, resulting in a current dividend yield of 8.42%. Market analysts have set a price target of $7.5 for the stock, while its discounted cash flow value is estimated at $16.53.

Here's an overview of Bill Miller's trades in Gray Television, Inc.:

Upbound Group Inc (RCII)

Known primarily through its Rent-A-Center brand, Upbound Group provides lease-to-own solutions for a wide range of consumer products like electronics, appliances, and furniture. The company operates a vast network of retail stores and an expanding e-commerce platform to serve credit-constrained consumers.

The current value of this position within Miller's investment strategy is $3.21M. At the current share price, the stock provides a dividend yield of 7.63% and maintains a TTM dividend rate of $1.36. Its discounted cash flow value is currently positioned at $28.4.

Here's an overview of Bill Miller's trades in Upbound Group Inc:

LyondellBasell Industries NV (LYB)

LyondellBasell is one of the world's largest chemical, plastics, and refining companies, producing materials that are essential for modern life. Its products are used in various applications, ranging from lightweight automotive components and advanced food packaging to high-performance construction materials.

Bill Miller's investment in this manufacturing firm has a current value of $2.0M. The stock offers a robust TTM dividend rate of $4.12, which translates to a current dividend yield of 7.39%. Additionally, the shares have an analyst price target of $82.8 and a discounted cash flow value of $108.22.

Here's an overview of Bill Miller's trades in LyondellBasell Industries NV: