Cal-Maine Foods Leads These 3 Dividend Stocks To Consider

As the U.S. stock market experiences fluctuations amid a busy earnings season and ongoing government shutdown, investors are keeping a close eye on major indices like the Nasdaq, S&P 500, and Dow Jones Industrial Average. In this environment of uncertainty, dividend stocks can offer stability through regular income streams, making them an attractive option for those looking to navigate volatile markets.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 136 stocks from our Top US Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Cal-Maine Foods (CALM)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Cal-Maine Foods, Inc., along with its subsidiaries, is involved in the production, grading, packaging, marketing, and distribution of shell eggs and related products with a market cap of approximately $4.43 billion.

Operations: Cal-Maine Foods, Inc. generates revenue primarily from the production and distribution of shell eggs, amounting to $4.40 billion.

Dividend Yield: 9.3%

Cal-Maine Foods offers a compelling dividend profile with a low payout ratio of 33.3%, ensuring dividends are well-covered by earnings and cash flows. Despite its high dividend yield ranking in the top 25% of US payers, historical volatility and recent decreases highlight an unstable track record. The company's strong cash generation supports dividends, strategic M&A pursuits, and share repurchases, potentially enhancing future financial stability amidst forecasted earnings declines over the next three years.

• Click to explore a detailed breakdown of our findings in Cal-Maine Foods' dividend report.
• Our expertly prepared valuation report Cal-Maine Foods implies its share price may be lower than expected.

Fulton Financial (FULT)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Fulton Financial Corporation, with a market cap of $3.21 billion, operates as the bank holding company for Fulton Bank, offering banking and financial products and services in the United States.

Operations: Fulton Financial Corporation generates its revenue primarily through its banking segment, which accounts for $1.21 billion.

Dividend Yield: 4%

Fulton Financial offers a stable dividend profile with a reliable history of payouts over the past decade. Although its 4.03% yield falls short of the top quartile in the US market, dividends are well-covered by earnings, supported by a low payout ratio of 41.2%. Recent financials show improved net income and earnings per share, enhancing its ability to sustain dividends. Share buybacks totaling $39.81 million further reflect management's confidence in capital allocation strategies.

• Get an in-depth perspective on Fulton Financial's performance by reading our dividend report here.
• Our valuation report here indicates Fulton Financial may be undervalued.

Central Pacific Financial (CPF)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Central Pacific Financial Corp. is the bank holding company for Central Pacific Bank, offering a variety of commercial banking products and services to businesses, professionals, and individuals in the United States, with a market cap of $781.65 million.

Operations: Central Pacific Financial Corp. generates its revenue primarily through its banking segment, which accounted for $253.74 million.

Dividend Yield: 3.7%

Central Pacific Financial maintains a reliable dividend with a 3.73% yield, though below the top US payers. Its dividends are well-covered by earnings, supported by a low payout ratio of 47.3%, and expected to improve to 35.9%. Earnings have grown steadily, enhancing dividend sustainability. Recent financials show increased net income and EPS, supporting its payout capacity. The company declared a $0.27 quarterly dividend and completed share buybacks worth $4.74 million, indicating solid capital management strategies.

• Click here to discover the nuances of Central Pacific Financial with our detailed analytical dividend report.
• The valuation report we've compiled suggests that Central Pacific Financial's current price could be quite moderate.

Seize The Opportunity

• Reveal the 136 hidden gems among our Top US Dividend Stocks screener with a single click here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com