Top U.S. Dividend Stocks

Top U.S. Dividend Stocks

UPDATED Mar 26, 2023

What are the best U.S. Dividend Stocks?

According to our Simply Wall St analysis these are the best U.S. dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.

Our criteria to find Top Dividend Companies

High Yield

  • Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
  • Yields vary between markets, so we focus on the top dividend payers in each market.

What do we look for?

  • Is the yield in the top 25% of the market's dividend payers.

Consistent Dividends

  • Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
  • If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.

What do we look for?

  • Has the dividend been stable over the last 10 years.
  • Has the dividend grown over the last 10 years.

Dividend Cover

  • Ideally the company doesn't pay out all of its earnings, neglecting future growth.
  • If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.

What do we look for?

  • Are dividends covered by earnings.
  • Are dividends forecast to be covered by earnings in the future.

Healthy Balance Sheet

  • Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

36 companies meet this criteria in the U.S. market

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: FIBK's dividend (6.25%) is in the top 25% of dividend payers in the US market (4.66%)

  • Notable Dividend

See Full Stock Report

Rewards

  • Trading at 43.7% below our estimate of its fair value

  • Earnings are forecast to grow 28.29% per year

  • Earnings have grown 4.5% per year over the past 5 years

Risks

  • Shareholders have been substantially diluted in the past year

  • Significant insider selling over the past 3 months

  • Profit margins (19.8%) are lower than last year (29.7%)

  • Large one-off items impacting financial results

View all Risks and Rewards

Provident Financial Services, Inc. operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: PFS's dividend (4.92%) is in the top 25% of dividend payers in the US market (4.66%)

  • Notable Dividend

See Full Stock Report

Rewards

  • Trading at 43.5% below our estimate of its fair value

  • Earnings are forecast to grow 36.8% per year

  • Earnings have grown 12.4% per year over the past 5 years

Risks

  • Significant insider selling over the past 3 months

View all Risks and Rewards

Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: EBMT's dividend (3.56%) is low compared to the top 25% of dividend payers in the US market (4.66%).

See Full Stock Report

Rewards

  • Trading at 48.9% below our estimate of its fair value

  • Earnings are forecast to grow 25.29% per year

Risks

  • Shareholders have been diluted in the past year

  • Significant insider selling over the past 3 months

View all Risks and Rewards

MVB Financial Corp., through its subsidiaries, provides financial services to individuals and corporate clients.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: MVBF's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (4.66%).

See Full Stock Report

Rewards

  • Trading at 62.9% below our estimate of its fair value

  • Earnings are forecast to grow 51.36% per year

Risks

  • Shareholders have been diluted in the past year

  • Profit margins (11.1%) are lower than last year (28.9%)

View all Risks and Rewards

National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: NBHC's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (4.66%).

See Full Stock Report

Rewards

  • Trading at 39.8% below our estimate of its fair value

  • Earnings are forecast to grow 32.87% per year

Risks

  • Shareholders have been diluted in the past year

View all Risks and Rewards

Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides commercial and retail banking services.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: COLB's dividend (4.09%) is low compared to the top 25% of dividend payers in the US market (4.66%).

See Full Stock Report

Rewards

  • Trading at 78.3% below our estimate of its fair value

  • Earnings are forecast to grow 41.57% per year

Risks

  • Highly volatile share price over the past 3 months

View all Risks and Rewards

Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Notable Dividend

  • High Dividend: EVC's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (4.66%).

  • Future Dividend Coverage

See Full Stock Report

Rewards

  • Trading at 58.6% below our estimate of its fair value

  • Earnings are forecast to grow 54.85% per year

Risks

  • Profit margins (1.9%) are lower than last year (3.9%)

  • Large one-off items impacting financial results

View all Risks and Rewards

The First Bancshares, Inc. operates as the bank holding company for The First Bank that provides general commercial and retail banking services.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: FBMS's dividend (3.25%) is low compared to the top 25% of dividend payers in the US market (4.66%).

See Full Stock Report

Rewards

  • Trading at 59.1% below our estimate of its fair value

  • Earnings are forecast to grow 26.69% per year

Risks

  • Shareholders have been substantially diluted in the past year

View all Risks and Rewards
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