Bill Miller's top dividend stocks (September 2025) include Alliance Resource Partners, LP (ARLP), a diversified producer and marketer of coal primarily operating in the eastern United States.

Bill Miller is a renowned investor who serves as the Chairman and Chief Investment Officer of Miller Value Partners. His firm employs an investment strategy focused on fundamental value and bottom-up stock picking, seeking companies that are trading below their intrinsic value.

Alliance Resource Partners, LP (ARLP)

Alliance Resource Partners, LP is a master limited partnership involved in the production and marketing of steam coal, primarily to electric utilities. The company also has significant interests in oil and gas mineral properties, generating royalty income. Its operations are concentrated in the Illinois Basin and Appalachia.

This coal producer currently offers a robust dividend yield of 11.73%. Bill Miller's current position in ARLP is valued at $2.92 million, reflecting a trailing twelve-month dividend rate of $2.70 per unit. Furthermore, a discounted cash flow analysis suggests a value of $72.74.

Here's an overview of Bill Miller's trades in Alliance Resource Partners, LP:

Easterly Government Properties Inc (DEA)

Easterly Government Properties Inc. is a real estate investment trust (REIT) focused on acquiring, developing, and managing Class A office properties that are leased to U.S. government agencies. The company's portfolio typically consists of mission-critical facilities with long-term leases, providing stable income streams.

Easterly Government Properties offers investors a strong 9.72% dividend yield, with a TTM dividend rate of $2.23. Bill Miller holds a position currently valued at $3.36 million in this REIT. Its discounted cash flow (DCF) valuation is $11.46.

Here's an overview of Bill Miller's trades in Easterly Government Properties Inc:

LyondellBasell Industries NV (LYB)

LyondellBasell Industries NV is one of the largest plastics, chemicals, and refining companies globally. It produces various chemicals and polymers used in a wide range of applications, from packaging and automotive parts to construction materials and textiles. The company operates facilities across North America, Europe, and Asia.

LyondellBasell's current dividend yield stands at an attractive 9.62%, with a TTM dividend rate of $5.42. The present value of Bill Miller's holding in LYB is $2.14 million. Analysts have set a price target of $49.00 for the shares, while its discounted cash flow is calculated at $208.33.

Here's an overview of Bill Miller's trades in LyondellBasell Industries NV:

CTO Realty Growth Inc (CTO)

CTO Realty Growth Inc. is a diversified real estate investment trust that owns and manages a portfolio of income properties, including retail, office, and mixed-use assets across the United States. The company focuses on acquiring properties in high-growth markets, aiming to provide attractive risk-adjusted returns to its shareholders.

CTO Realty Growth provides an impressive dividend yield of 8.80%. The company has distributed $1.52 per share over the last twelve months. Bill Miller's investment in CTO is currently valued at $6.90 million. A discounted cash flow model suggests a valuation of $18.23.

Here's an overview of Bill Miller's trades in CTO Realty Growth Inc:

Buckle, Inc. (BKE)

Buckle, Inc. is a retailer of apparel, accessories, and footwear for young men and women. The company operates a chain of retail stores across the United States, offering a wide selection of merchandise from various brands, including its own private labels. Buckle emphasizes a personalized shopping experience for its customers.

Shareholders of Buckle enjoy a 6.89% dividend yield, and the trailing twelve-month dividend rate stands at $3.90. Bill Miller's portfolio currently holds a $5.94 million position in the retailer. An analyst price target for BKE is $54.00, and a discounted cash flow valuation indicates $93.95.

Here's an overview of Bill Miller's trades in Buckle, Inc.: