Forget Dell and Nvidia: The 3 Highest-Yielding Stocks Hiding in Trump’s Portfolio
When President Donald Trump’s most recent federal financial disclosure landed – two Office of Government Ethics filings covering the first quarter of 2026 – nearly all the coverage zeroed in on one thing: the big-name technology stocks. Headline after headline tallied his bets on Dell, Nvidia, Microsoft, Apple, AMD, Palantir, and Meta, and the eye-popping paper gains those positions had racked up. Lost in that tech-stock frenzy was a sprawling, hyperactive portfolio of more than 3,600 transactions valued somewhere between $220 million and $750 million – and, tucked inside it, a very different group of companies that got almost no attention at all.
Those are the dividend payers. While the financial press chased the mega-cap tech story, the highest-yielding stocks in the filing went largely unmentioned – and they aren’t tech names at all. They’re a private-credit fund, a tobacco giant, and a cable conglomerate, each paying out far more income than a typical S&P 500 stock. Below are the three highest yielders in Trump’s latest disclosure, ranked by dividend yield as of the end of May 2026.
A necessary disclaimer first: this is educational information, not investment advice. The White House says Trump’s assets are held in a trust managed independently by third parties, so these are not necessarily picks he made himself – and a high yield is never, on its own, a reason to buy. A dividend yield rises when a stock’s price falls, so the biggest yields often signal the market’s worry rather than its enthusiasm. The higher the yield, the more important it is to ask whether the payout is actually sustainable. Always do your own research or consult a financial professional.
1. Blue Owl Capital Corporation (OBDC) – Dividend Yield: 12.6%
The highest-yielding holding in Trump’s latest filing by a wide margin is Blue Owl Capital Corporation, which yields roughly 12.6%. OBDC is a business development company, or BDC – a type of firm that lends to mid-sized private businesses and is legally required to pass the bulk of its income through to shareholders. That structure is precisely why the yield is so eye-popping.
For income investors, a double-digit yield like this is both the attraction and the warning label. BDCs can be excellent income vehicles in a healthy economy, throwing off large, regular distributions from the interest on their loan portfolios. But they are also sensitive to the credit cycle: in a recession, borrowers can default, the value of the loan book can fall, and distributions can be cut. A 13.5% yield is the market’s way of saying “high income, but priced for real risk.”
The key questions to research here are the quality of OBDC’s underlying loans, how much leverage it uses, and whether its distribution is comfortably covered by net investment income. This is an income holding for investors who understand BDCs and accept the credit-cycle risk that comes with them – not a set-and-forget blue chip.
2. Altria Group (MO) – Dividend Yield: 6.1%
Coming in second is Altria, the maker of Marlboro and one of the most famous income stocks in America, yielding roughly 6.1%. Altria is a genuine Dividend King: it has raised its dividend dozens of times over the past five-plus decades and targets continued mid-single-digit annual growth in its payout through 2028.
The appeal is obvious – a high, dependable, growing dividend from a company with enormous pricing power and fiercely loyal customers. The catch is equally clear: U.S. cigarette volumes decline year after year as fewer people smoke. Altria’s challenge is to offset falling volumes with price increases and a pivot toward smoke-free products, and its ability to keep funding that big dividend depends on how well it manages that transition.
For investors comfortable owning a tobacco company, Altria has long been a cornerstone income holding. The high yield reflects the market’s skepticism about the long-term decline of smoking, even as the company keeps delivering cash to shareholders today.
3. Comcast (CMCSA) – Dividend Yield: 5.3%
Rounding out the top three is Comcast at about 5.3% – still more than triple the payout of a typical S&P 500 stock. The cable, broadband, and media conglomerate owns NBCUniversal, Peacock, and the Xfinity network, and has raised its dividend for well over a decade.
Comcast is a classic value-versus-uncertainty trade. It generates enormous, reliable free cash flow from its broadband business, but its fat yield reflects real concern: cord-cutting continues to erode traditional cable TV, and broadband subscriber growth has slowed amid fierce competition from wireless and fiber. You’re being paid a generous income while the market debates whether Comcast can reinvent itself for the streaming era. For investors who view broadband as an indispensable, utility-like service, that’s a compelling setup.
The Bigger Picture
Notice the pattern across all three. OBDC’s 12.6% comes with credit-cycle risk, Altria’s 6.1% comes with the secular decline of smoking, and Comcast’s 5.3% comes with cord-cutting pressure. In every case, the high yield is inseparable from a real risk the market is pricing in. That’s the central lesson of yield investing: the biggest payout is never automatically the best investment. A high yield can mark a genuine bargain or a value trap, and telling the two apart – by checking whether the dividend is actually covered by earnings or cash flow – is the whole job.
For most retail investors, durable wealth comes not from chasing the fattest yield but from owning businesses that can sustain and grow their dividends, reinvesting those payments, and letting compounding work over years and decades. These three names are a place to begin that research – but the discipline to scrutinize the safety of each payout, and then hold the survivors, is what actually matters.
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