Jeremy Grantham's top dividend stocks for May 2026 include Owl Rock Capital Corp (ORCC), a business development company focused on providing financing solutions to middle-market companies.

Jeremy Grantham is a highly respected investor and co-founder of GMO LLC, an institutional asset management firm. As GMO's Chief Investment Strategist, Grantham is known for his focus on value investing and long-term market trends, often emphasizing a cautious approach to exuberant markets.

Owl Rock Capital Corp (ORCC)

Owl Rock Capital Corp operates as a business development company, providing direct lending solutions primarily to middle-market companies in the United States. It focuses on debt and equity investments across various industries. Its current dividend yield stands at an impressive 13.40%, with a trailing twelve-month dividend rate of $1.32. Grantham's current portfolio position in ORCC holds a value of $1.42 million. The discounted cash flow for the company is calculated at $32.79.
Here's an overview of Jeremy Grantham's trades in Owl Rock Capital Corp:

Annaly Capital Management Inc (NLY)

Annaly Capital Management is a leading mortgage real estate investment trust (mREIT) that manages a portfolio of mortgage-backed securities. The company primarily invests in agency pass-through certificates and collateralized mortgage obligations. Annaly Capital boasts a dividend yield of approximately 12.31%. Shareholders have seen a TTM dividend rate of $2.80. The current value of Jeremy Grantham's position in Annaly Capital Management is $2.58 million. Analysts have set a price target for NLY at $24.29, while its discounted cash flow is assessed at $38.20.
Here's an overview of Jeremy Grantham's trades in Annaly Capital Management Inc:

360 DigiTech Inc (QFIN)

360 DigiTech, operating under its ADR ticker QFIN, is a prominent digital consumer finance platform in China. The company leverages artificial intelligence and big data technologies to offer various financial products and services. The current dividend yield for 360 DigiTech is approximately 11.76%, with a trailing twelve-month dividend rate of $2.23. Jeremy Grantham's portfolio currently holds a $2.71 million position in QFIN. The company's discounted cash flow value is estimated at $87.76.
Here's an overview of Jeremy Grantham's trades in 360 DigiTech Inc:

Spok Holdings Inc (SPOK)

Spok Holdings is a global leader in healthcare communications, providing critical messaging and clinical communication solutions. Their offerings help healthcare organizations improve patient care workflows and operational efficiency. Spok Holdings offers investors a dividend yield of around 10.99%. The company has distributed a TTM dividend rate of $1.25. Jeremy Grantham's current holding in Spok Holdings is valued at $131.56K. Its discounted cash flow value is $27.15.
Here's an overview of Jeremy Grantham's trades in Spok Holdings Inc:

Western Union Company (WU)

Western Union is a global leader in cross-border, cross-currency money movement and payments. The company provides consumers and businesses with fast, reliable, and convenient ways to send and receive money around the world. With a dividend yield of roughly 10.57%, Western Union stands out. The TTM dividend rate paid out has been $0.94. The current value of Jeremy Grantham's position in the company amounts to $2.98 million. Additionally, analysts suggest a price target of $9.00 for WU, and its discounted cash flow stands at $29.37.
Here's an overview of Jeremy Grantham's trades in Western Union Company: