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Top U.S. Dividend Stocks
UPDATED Jun 23, 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.
52 companies meet this criteria in the U.S. market
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 (2.55%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Rewards
Trading at 37.9% below our estimate of its fair value
Earnings are forecast to grow 15.52% per year
Earnings grew by 76.2% over the past year
Risks
Shareholders have been diluted in the past year
F.N.B. Corporation, a financial holding company, provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses.
Dividend Criteria
Stable Dividend
Earnings Coverage
Future Dividend Coverage
High Dividend: FNB's dividend (4.44%) is in the top 25% of dividend payers in the US market (4.34%)
Notable Dividend
Growing Dividend
Rewards
Trading at 61.3% below our estimate of its fair value
Earnings are forecast to grow 19.39% per year
Earnings have grown 10.8% per year over the past 5 years
Risks
Shareholders have been diluted in the past year
U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities and other financial institutions in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: USB's dividend (4.02%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Rewards
Trading at 57.8% below our estimate of its fair value
Earnings are forecast to grow 14.3% per year
Earnings grew by 20.8% over the past year
Risks
No risks detected for USB from our risks checks.
Cadence Bank provides commercial banking and financial services in the United States.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: CADE's dividend (3.78%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Rewards
Trading at 68.9% below our estimate of its fair value
Earnings are forecast to grow 26.29% per year
Risks
Shareholders have been substantially diluted in the past year
Profit margins (17.9%) are lower than last year (27.5%)
First Bancorp operates as the bank holding company for First Bank that provides banking products and services for individuals and small to medium-sized businesses primarily in North Carolina and northeastern South Carolina.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: FBNC's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Rewards
Trading at 69% below our estimate of its fair value
Earnings are forecast to grow 22.07% per year
Earnings have grown 16.3% per year over the past 5 years
Risks
Shareholders have been diluted in the past year
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: GRC's dividend (2.44%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Future Dividend Coverage
Rewards
Trading at 33.6% below our estimate of its fair value
Earnings are forecast to grow 27% per year
Earnings have grown 0.3% per year over the past 5 years
Risks
No risks detected for GRC from our risks checks.
Regal Rexnord Corporation, together with its subsidiaries, designs, manufactures, and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: RRX's dividend (1.26%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Rewards
Trading at 63.2% below our estimate of its fair value
Earnings are forecast to grow 44.56% per year
Earnings have grown 1.4% per year over the past 5 years
Risks
Shareholders have been substantially diluted in the past year
World Fuel Services Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: INT's dividend (2.38%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Future Dividend Coverage
Rewards
Trading at 81.7% below our estimate of its fair value
Earnings are forecast to grow 25.26% per year
Risks
Profit margins (0.2%) are lower than last year (0.5%)