Jefferies Group's top dividend stocks (May 2026) include Telephone And Data Systems, Inc. (TDS), a leading provider of telecommunication services across the United States.

Jefferies Group is a global investment banking firm offering a full range of services, including sales and trading, research, and asset management. They provide expertise and strategic advice to institutional and corporate clients worldwide, focusing on a broad range of market opportunities.

Telephone And Data Systems, Inc. (TDS)

Telephone And Data Systems is a diversified telecommunications company, primarily offering wireless, broadband, video, and voice services. They operate through various subsidiaries, including U.S. Cellular, a notable regional wireless carrier, serving residential and business customers. The company currently offers an impressive dividend yield of 23.03%, with a trailing twelve-month dividend rate recorded at $10.41. Jefferies Group currently holds a position valued at $1.81 million in TDS, alongside a discounted cash flow value of -$0.97.
Here's an overview of Jefferies Group's trades in Telephone And Data Systems, Inc.:

StoneCo Ltd - Ordinary Shares - Class A (STNE)

StoneCo is a prominent financial technology company based in Brazil, providing a comprehensive platform of solutions tailored for merchants. Their services encompass a wide array of offerings, from payment processing solutions to credit products and specialized software, catering to diverse business needs. Jefferies Group's current position in StoneCo is valued at $199.69 thousand, and the company presents an attractive dividend yield of 20.70%. Shareholders received a trailing twelve-month dividend rate of $2.53, and analysts have set a price target of $20.1 for the stock, while its discounted cash flow is -$3.38.
Here's an overview of Jefferies Group's trades in StoneCo Ltd - Ordinary Shares - Class A:

Dynex Capital, Inc. (DX)

Dynex Capital operates as a mortgage real estate investment trust (mREIT), primarily investing in agency and non-agency mortgage-backed securities on a leveraged basis. The firm focuses on generating attractive risk-adjusted returns through the net interest spread between its investments and funding costs. Currently, Jefferies Group holds a position in Dynex Capital valued at $198.4 thousand. The stock boasts a dividend yield of 14.83%, alongside a trailing twelve-month dividend rate of $2.04. Furthermore, analysts have assigned a price target of $16.83, and its discounted cash flow value stands at $34.2.
Here's an overview of Jefferies Group's trades in Dynex Capital, Inc.:

Franklin BSP Realty Trust Inc. (FBRT)

Franklin BSP Realty Trust is a real estate investment trust (REIT) dedicated to originating and managing a diverse portfolio of commercial real estate debt investments. The company's strategy involves investing in various loan types secured by commercial properties, aiming to deliver stable income to its investors. This REIT offers a dividend yield of 13.84%, with a trailing twelve-month dividend rate of $1.27. Jefferies Group's current investment in FBRT amounts to $670.11 thousand, and the discounted cash flow value is $29.55.
Here's an overview of Jefferies Group's trades in Franklin BSP Realty Trust Inc.:

Barings Global Short Duration High Yield Fund (BGH)

The Barings Global Short Duration High Yield Fund operates as a closed-end fund, primarily seeking a high level of current income from its investments. While capital appreciation is a secondary objective, the fund focuses on a global portfolio of high-yield corporate bonds and other short-duration debt instruments. Jefferies Group's current portfolio position in BGH is valued at $154.04 thousand. The fund currently offers a dividend yield of 13.77%, with a trailing twelve-month dividend rate of $1.47, and a discounted cash flow value of $25.13.
Here's an overview of Jefferies Group's trades in Barings Global Short Duration High Yield Fund: