Ron Baron's top dividend stocks (August 2025) include Blackstone Mortgage Trust Inc (BXMT), a real estate finance company that originates and acquires senior loans collateralized by commercial real estate.

Ron Baron is the founder, CEO, and portfolio manager of Baron Capital, an investment management firm known for its long-term growth-oriented investment philosophy. His firm focuses on identifying companies with strong management teams, competitive advantages, and significant potential for future earnings growth.

Blackstone Mortgage Trust Inc (BXMT)

Blackstone Mortgage Trust is a commercial real estate finance company that primarily originates and purchases senior loans secured by high-quality commercial real estate properties. They operate across various property sectors, providing financing solutions for property acquisitions and development.
This stock provides a compelling dividend yield of 9.59%, with a trailing twelve months (TTM) dividend rate of $1.88. The current value of this position in Ron Baron's portfolio stands at $1.84M, and its discounted cash flow value is calculated at $7.96.
Here's an overview of Ron Baron's trades in Blackstone Mortgage Trust Inc:
[STOCKCIRCLE_EMBED_PLACEHOLDER_bxmt]

Healthpeak Properties Inc. (PEAK)

Healthpeak Properties is a real estate investment trust (REIT) focused on the healthcare sector. The company owns and develops a diversified portfolio of healthcare properties, including life science facilities, medical office buildings, and senior housing communities.
Ron Baron's current portfolio position in Healthpeak Properties is valued at $4.17M. This stock offers a dividend yield of 7.45%, and the TTM dividend rate for PEAK is $1.20. A discounted cash flow value for the company is $17.40.
Here's an overview of Ron Baron's trades in Healthpeak Properties Inc.:
[STOCKCIRCLE_EMBED_PLACEHOLDER_peak]

Alexander`s Inc. (ALX)

Alexanders Inc. is a real estate investment trust that owns, manages, develops, and leases properties in the greater New York City metropolitan area. Their portfolio includes retail, office, and residential properties.
Investors can note its robust dividend yield of 6.96%. Alexanders has a trailing twelve months dividend rate of $18.00, and the current value of Ron Baron's holding in Alexanders Inc. is $1.26M. The discounted cash flow value for ALX is $284.04.
Here's an overview of Ron Baron's trades in Alexanders Inc.:
[STOCKCIRCLE_EMBED_PLACEHOLDER_alx]

Gaming and Leisure Properties Inc (GLPI)

Gaming and Leisure Properties is a self-administered and self-managed REIT specializing in gaming properties. They acquire, own, and lease real estate assets to gaming operators, focusing on a triple-net lease basis.
Ron Baron's current position in GLPI is valued at $346.16M. This gaming-focused REIT offers a dividend yield of 6.56%, and its trailing twelve months dividend rate stands at $3.06. The company carries an analyst price target of $55.00, and a discounted cash flow value of $126.22 has been noted for GLPI.
Here's an overview of Ron Baron's trades in Gaming and Leisure Properties Inc:
[STOCKCIRCLE_EMBED_PLACEHOLDER_glpi]

Alexandria Real Estate Equities Inc. (ARE)

Alexandria Real Estate Equities is an urban office REIT focused on collaborative life science, technology, and agtech campuses. They develop, own, and operate highly specialized properties for critical scientific research and development.
Alexandria Real Estate Equities provides a dividend yield of 6.40%, and the company's TTM dividend rate is $5.26. The current value of Ron Baron's portfolio position in this company totals $15.01M. Furthermore, its discounted cash flow value is $46.41.
Here's an overview of Ron Baron's trades in Alexandria Real Estate Equities Inc.:
[STOCKCIRCLE_EMBED_PLACEHOLDER_are]