3 Dividend Stocks Paying 5% Plus As Higher Bond Yields Test Income Portfolios

Global bond markets remain volatile with long term yields higher in many regions, and that puts dependable income in sharp focus for investors who want to sleep at night. Dividend Fortresses stocks offer yields of 5% or more and are built around resilience rather than excitement. This article walks through three Dividend Fortresses picks and explains why their income profiles may appeal when markets feel this jumpy.

The three Dividend Fortresses stocks in this article are just a starting sample, and the full screen has surfaced 3 more companies with income stories that are just as compelling but not covered here. If you want to quickly identify and analyze which candidates fit your own income playbook, head straight to the Dividend Fortresses screener.

Halyk Bank of Kazakhstan (LSE:HSBK)

Halyk Bank of Kazakhstan is a universal bank headquartered in Almaty that serves retail, SME, corporate and investment banking clients across Kazakhstan and parts of Central Asia. It uses its large deposit base and lending book to underpin a high-yield dividend profile that fits the Dividend Fortresses theme. Most revenue comes from Corporate Banking at about KZT 729.9 billion, with meaningful contributions from Investment Banking at KZT 360.1 billion, SME Banking at KZT 205.8 billion and Retail Banking at KZT 120.4 billion, alongside unallocated income of KZT 375.0 billion. The stock has a market cap of roughly US$9.7b.

Income investors may want to look closely at Halyk Bank of Kazakhstan because its dividend story is built on a large retail and corporate deposit franchise and steady interest income, not just a one off payout. The confirmed 2025 dividend of KZT 28.09 per share and a history of high payout ratios show how management has been willing to return capital to shareholders, even as earnings have recently softened and the dividend track record is not perfectly smooth. At the same time, high non performing loans around 8.6% and relatively low coverage mean credit quality is a key risk that could affect future distributions. The combination of strong profitability metrics, a sizeable confirmed dividend and identifiable credit and regulatory risks makes this a stock where the income potential is clear, but the full risk reward picture deserves a deeper look.

Halyk Bank of Kazakhstan’s rich dividend trail and sizeable confirmed 2025 payout are only half the story. Get the full income and credit picture in the 3 key rewards and 3 important warning signs

Screen for dividend fortresses like Halyk Bank of Kazakhstan

Halyk Bank of Kazakhstan and the two other Dividend Fortresses in this article all came out of the same Simply Wall St filters. Build your own income focused shortlist with our flexible Screener or tap into ready made themes using our curated Investing Ideas.

Aviva (LSE:AV.)

Aviva is a large insurer and wealth manager that helps customers protect their homes, cars, health and businesses while also managing retirement, pension and annuity products that generate steady, long term cashflows closely aligned with the Dividend Fortresses theme. Revenue is spread across UK & Ireland General Insurance at about £14.1b, Insurance, Wealth & Retirement at roughly £11.2b, Canada General Insurance at about £4.5b, Aviva Investors at £424 million and other group activities and adjustments. The stock has a market value of around £21.5b.

Income focused investors may be drawn to Aviva’s 5% plus dividend yield, which is tied to long dated insurance, pension and annuity cashflows rather than short term trading gains, but the story is not straightforward. Recent net income for H1 2026 fell to £407 million and dividend coverage by earnings is thin, while heavy exposure to the UK market, capital intensive legacy liabilities and integration risk around deals like Direct Line all matter for the next leg of returns. At the same time, expanding capital light businesses, active balance sheet management and the push into workplace pensions and wealth could support cash generation if execution holds up. The combination of high yield, mixed earnings trends and moving parts in the capital structure means Aviva is a stock worth studying closely before deciding how it fits into a long term income portfolio.

Aviva’s high yield and thin earnings cover point to a bigger question: how do the capital buffers, cashflows and acquisition moves really stack up together? Get the full story in the 2 key rewards and 1 important warning sign

Foresight Group Holdings (LSE:FSG)

Foresight Group Holdings is an asset manager that runs renewable infrastructure, private equity and venture capital funds, with its largest Dividend Fortresses link coming from real assets like solar, wind and battery projects that are designed to produce contract backed cash flows and steady distributions. Most revenue comes from Real Assets at about £114.8 million, with Private Equity contributing roughly £50.1 million, and the group is diversified across the UK and several European markets plus Australia. The stock has a market cap of around £553.4 million.

Foresight Group Holdings provides exposure to utility scale renewables and other real assets that aim to generate reliable cash flows, while also buying back shares and growing fee based earnings. That mix can support the kind of resilient dividends income investors may look for, but it also brings trade offs. Rising admin costs, reliance on performance fees and concentration in UK and European policy regimes mean earnings are not risk free. For investors willing to do the homework, the combination of strong profitability metrics, renewable infrastructure exposure and active capital returns could be an appealing income story with more to uncover.

Foresight Group Holdings combines real asset cash flows with rising fee income, yet the full income story is often overlooked. See how the analysis report for Foresight Group Holdings could reshape your view of its dividend resilience and what might be hiding in the fee mix.

Seeking Fresh Alternatives Beyond Dividends

Fresh stock ideas do not stay under the radar for long. Once momentum builds, entry points can move fast and get away from you. Scan these picks and act now.

• Spot early strength in smaller companies before momentum gets crowded by checking the 50 elite penny stocks with strong financials that combine strong balance sheets with focused business models and disciplined cash use.
• Track companies building the backbone of AI growth and look at the 55 AI infrastructure stocks where cash generating hardware and infrastructure stocks are grouped so you can move before enthusiasm flies.
• Position ahead of potential power system upgrades with the 39 power grid technology and infrastructure stocks that gathers grid equipment and technology stocks while they are still largely under the radar for now.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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