Mario Gabelli's top dividend stocks (May 2026) include United States Cellular Corporation (USM), a prominent wireless telecommunications provider offering services across the United States. His portfolio often reflects a keen interest in companies that provide value through distributions to shareholders.

Mario Gabelli is the founder, Chairman, and CEO of Gabelli Asset Management Company Investors. He is known for his value-oriented investment philosophy, often seeking out companies with strong fundamentals that may be undervalued by the broader market, with a particular focus on companies with identifiable assets and cash flow.

United States Cellular Corporation (USM)

United States Cellular Corporation provides wireless communications services to postpaid and prepaid customers. As the fifth-largest full-service wireless carrier in the United States, it offers a wide range of products and services, including handsets, data plans, and accessories. The stock offers a current dividend yield of approximately 0.69%, with a trailing twelve-month dividend rate of $0.0. Gabelli's current position in the company is valued at $74.28M, and a discounted cash flow analysis suggests a value of $37.29.
Here's an overview of Mario Gabelli'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 lotteries. The company's diverse portfolio spans gaming systems, interactive gaming, and sports betting solutions across various regulated markets worldwide. Its dividend yield stands at roughly 0.30%, while the TTM dividend rate is $0.8. Mario Gabelli's holding in IGT currently totals $4.48M, with a discounted cash flow suggesting a value of $37.55 per share.
Here's an overview of Mario Gabelli's trades in International Game Technology PLC:

Icahn Enterprises L P (IEP)

Icahn Enterprises L P operates as a diversified holding company, engaging in various sectors including investment, energy, automotive, food packaging, metals, real estate, and home fashion. Led by Carl Icahn, the company typically acquires significant stakes in target companies. Currently, Icahn Enterprises provides an approximate dividend yield of 0.25%. The trailing twelve-month dividend rate for IEP is reported at $2.0, and Mario Gabelli's current portfolio position in the company is valued at $115.78K. A discounted cash flow estimate indicates a value of $17.78.
Here's an overview of Mario Gabelli's trades in Icahn Enterprises L P:

Telephone And Data Systems, Inc. (TDS)

Telephone And Data Systems, Inc. is a diversified telecommunications company, providing wireless, cable, and wireline services to residential and business customers. Through its subsidiaries, it offers a range of services from cellular to broadband internet, primarily serving rural and suburban markets. Shareholders currently receive an impressive 0.23% dividend yield. The TTM dividend rate for TDS is $10.41, and Mario Gabelli's current position in the stock holds a value of $72.23M. Its discounted cash flow is estimated at -$0.97.
Here's an overview of Mario Gabelli's trades in Telephone And Data Systems, Inc.:

Gabelli Multimedia Trust Inc (GGT)

The Gabelli Multimedia Trust Inc. is a closed-end management investment company. It primarily invests in common stocks and other securities of companies involved in the converging telecommunications, media, and entertainment industries. This trust offers a dividend yield of around 0.23%. The trailing twelve-month dividend rate for GGT is $0.95, and Gabelli's current holding value is $5.11M. Intriguingly, its discounted cash flow is estimated at $0.01.
Here's an overview of Mario Gabelli's trades in Gabelli Multimedia Trust Inc: