Top U.S. Dividend Stocks

Top U.S. Dividend Stocks

UPDATED Dec 08, 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.

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

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 (1.98%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 39.4% below our estimate of its fair value

  • Earnings are forecast to grow 63.73% per year

Risks

  • Significant insider selling over the past 3 months

  • Profit margins (4.4%) are lower than last year (8.7%)

View all Risks and Rewards

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 (2.29%) is low compared to the top 25% of dividend payers in the US market (4.35%).

  • Future Dividend Coverage

See Full Stock Report

Rewards

  • Trading at 47.7% below our estimate of its fair value

  • Earnings are forecast to grow 49.36% per year

  • Earnings grew by 285.8% over the past year

Risks

  • Significant insider selling over the past 3 months

View all Risks and Rewards

Old National Bancorp operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: ONB's dividend (3.1%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 42.3% below our estimate of its fair value

  • Earnings are forecast to grow 27.39% per year

Risks

  • Shareholders have been substantially diluted in the past year

  • Profit margins (22%) are lower than last year (35%)

View all Risks and Rewards

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: CASS's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 21.2% below our estimate of its fair value

  • Earnings are forecast to grow 15.01% per year

  • Earnings grew by 22% over the past year

Risks

No risks detected for CASS from our risks checks.

View all Risks and Rewards

Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: AIZ's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 35.9% below our estimate of its fair value

  • Earnings are forecast to grow 33.3% per year

Risks

  • Profit margins (3.4%) are lower than last year (5.9%)

View all Risks and Rewards

Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: GNTX's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 29.6% below our estimate of its fair value

  • Earnings are forecast to grow 16.75% per year

Risks

No risks detected for GNTX from our risks checks.

View all Risks and Rewards

Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: MBCN's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 28% below our estimate of its fair value

  • Earnings are forecast to grow 21.88% per year

  • Earnings have grown 11.7% per year over the past 5 years

Risks

No risks detected for MBCN from our risks checks.

View all Risks and Rewards

Brookline Bancorp, Inc. operates as a bank holding company for the Brookline Bank that provide commercial, business, and retail banking services to corporate, municipal, and retail customers in the United States.

Dividend Criteria

  • Stable Dividend

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • Notable Dividend

  • High Dividend: BRKL's dividend (3.99%) is low compared to the top 25% of dividend payers in the US market (4.35%).

See Full Stock Report

Rewards

  • Trading at 33.8% below our estimate of its fair value

  • Earnings are forecast to grow 18.6% per year

Risks

No risks detected for BRKL from our risks checks.

View all Risks and Rewards
Page 3 of 6