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Top U.S. Dividend Stocks
UPDATED Sep 29, 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.
64 companies meet this criteria in the U.S. market
AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: AXS's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 63.6% below our estimate of its fair value
Earnings are forecast to grow 27.66% per year
Earnings grew by 55.5% over the past year
Risks
No risks detected for AXS 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 (2.47%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 56.8% below our estimate of its fair value
Earnings are forecast to grow 42.26% per year
Risks
Shareholders have been diluted in the past year
Significant insider selling over the past 3 months
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: THG's dividend (2.31%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 54.7% below our estimate of its fair value
Earnings are forecast to grow 20.68% per year
Risks
Significant insider selling over the past 3 months
Profit margins (6.2%) are lower than last year (9.9%)
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 (3.54%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 64.5% below our estimate of its fair value
Earnings are forecast to grow 38.79% per year
Earnings grew by 11.3% over the past 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
Consolidated Water Co. Ltd., together with its subsidiaries, designs, constructs, manages, and operates water production and water treatment plants primarily in the Cayman Islands, the Bahamas, and the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: CWCO's dividend (2.24%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Future Dividend Coverage
Rewards
Trading at 72.2% below our estimate of its fair value
Earnings are forecast to grow 16.66% per year
Earnings grew by 239.4% over the past year
Risks
Significant insider selling over the past 3 months
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 (3.22%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 76.3% below our estimate of its fair value
Earnings are forecast to grow 24.08% per year
Earnings grew by 60.8% over the past year
Risks
No risks detected for MYE 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 (2.47%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 67.3% below our estimate of its fair value
Earnings are forecast to grow 34.73% per year
Risks
Significant insider selling over the past 3 months
Profit margins (6.5%) are lower than last year (11.8%)
The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association 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 (2.53%) is low compared to the top 25% of dividend payers in the US market (4.61%).
Rewards
Trading at 64.3% below our estimate of its fair value
Earnings are forecast to grow 32.93% per year
Earnings have grown 34.4% per year over the past 5 years
Risks
Shareholders have been diluted in the past year