Joel Greenblatt's top dividend stocks (May 2026) include United States Cellular Corporation (USM), a prominent provider of wireless communication services across the United States. These holdings reflect Greenblatt's value-oriented approach to identifying opportunities in the market.

Joel Greenblatt is a well-known investor, author, and adjunct professor at Columbia Business School. He is the managing principal of Gotham Asset Management, an investment firm that focuses on fundamental value investing. Greenblatt is widely recognized for developing the 'Magic Formula' investing strategy, which seeks to identify good companies at bargain prices.

United States Cellular Corporation (USM)

United States Cellular Corporation provides a range of wireless communication services to retail and business customers. The company offers voice, messaging, and data services, alongside wireless devices, accessories, and roaming. Joel Greenblatt's portfolio currently holds a position in USM valued at $1.41 million. The stock currently shows a dividend yield of approximately 69.00%, though its trailing twelve-month dividend rate stands at $0.00. Furthermore, the discounted cash flow value for United States Cellular Corporation is estimated at $37.29.
Here's an overview of Joel Greenblatt's trades in United States Cellular Corporation:

International Game Technology PLC (IGT)

International Game Technology PLC is a global leader in gaming technology and services, designing, developing, manufacturing, and marketing gaming machines and lottery systems. The company provides a comprehensive portfolio of products and services, including casino games, lottery solutions, and sports betting technology. Greenblatt maintains a position in IGT valued at $582.73K. Investors in International Game Technology PLC have seen a dividend yield of roughly 29.80%, with a TTM dividend rate of $0.80. This company also has a discounted cash flow value of $37.55.
Here's an overview of Joel Greenblatt's trades in International Game Technology PLC:

FS KKR Capital Corp (FSK)

FS KKR Capital Corp operates as a business development company (BDC) that specializes in providing customized credit solutions to private middle-market companies. The firm offers a wide range of debt financing options, including senior secured loans, junior secured loans, and mezzanine debt. Joel Greenblatt's holding in FS KKR Capital Corp is currently valued at $1.31 million. The company boasts an impressive dividend yield of about 24.52%, supported by a trailing twelve-month dividend rate of $2.58. Interestingly, its discounted cash flow value is estimated at -$15.04.
Here's an overview of Joel Greenblatt's trades in FS KKR Capital Corp:

BlackRock TCP Capital Corp (TCPC)

BlackRock TCP Capital Corp is a specialty finance company that provides debt financing to middle-market companies, often acting as the lead investor. As a business development company, TCPC primarily invests in senior secured loans, as well as junior secured and unsecured loans, and to a lesser extent, equity securities. The current value of Joel Greenblatt's position in BlackRock TCP Capital Corp stands at $307.7K. This BDC offers a dividend yield of approximately 24.15%, with its TTM dividend rate at $1.00. The discounted cash flow for TCPC is calculated at $0.76.
Here's an overview of Joel Greenblatt's trades in BlackRock TCP Capital Corp:

Alight Inc. (ALIT)

Alight Inc. is a leading cloud-based human capital solutions provider, offering a comprehensive suite of services including health, wealth, and human capital management. The company helps organizations improve employee well-being and productivity through its integrated platform and expertise. Joel Greenblatt holds a position in Alight Inc. valued at $28.11K. Alight Inc. currently features a dividend yield of about 22.68%, reflecting a TTM dividend rate of $0.12. Furthermore, analysts have set a price target for ALIT at $3.75, and its discounted cash flow value is estimated at $2.04.
Here's an overview of Joel Greenblatt's trades in Alight Inc.: