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Top U.S. Dividend Stocks
UPDATED Jul 05, 2022
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.
60 companies meet this criteria in the U.S. market
InterDigital, Inc., together with its subsidiaries, designs and develops technologies that enable and enhance wireless communications in the United States, China, South Korea, Japan, Taiwan, and Europe.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: IDCC's dividend (2.27%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Future Dividend Coverage
Rewards
Trading at 14% below our estimate of its fair value
Earnings are forecast to grow 24.29% per year
Earnings grew by 34.7% over the past year
Risks
Significant insider selling over the past 3 months
Large one-off items impacting financial results
AZZ Inc. offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: AZZ's dividend (1.66%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 84.8% below our estimate of its fair value
Earnings are forecast to grow 4.86% per year
Earnings grew by 112.1% over the past year
Risks
No risks detected for AZZ from our risks checks.
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 (2.38%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 51% below our estimate of its fair value
Earnings are forecast to grow 36.57% per year
Risks
No risks detected for NBHC from our risks checks.
Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: RE's dividend (2.38%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 64.4% below our estimate of its fair value
Earnings are forecast to grow 17.67% per year
Earnings grew by 58.9% over the past year
Risks
No risks detected for RE from our risks checks.
Myers Industries, Inc. engages in distribution of tire service supplies in Ohio.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: MYE's dividend (2.39%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 67.3% below our estimate of its fair value
Earnings are forecast to grow 25.44% per year
Earnings grew by 59.3% over the past year
Risks
No risks detected for MYE from our risks checks.
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: WBS's dividend (3.74%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 69.7% below our estimate of its fair value
Earnings are forecast to grow 46.27% per year
Risks
Shareholders have been substantially diluted in the past year
Significant insider selling over the past 3 months
Large one-off items impacting financial results
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: SSB's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 40% below our estimate of its fair value
Earnings are forecast to grow 16.85% per year
Earnings grew by 76.2% over the past year
Risks
Shareholders have been diluted in the past year
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: OCFC's dividend (3.53%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Rewards
Trading at 65.6% below our estimate of its fair value
Earnings are forecast to grow 27.68% per year
Earnings grew by 29.8% over the past year
Risks
No risks detected for OCFC from our risks checks.