FS Bancorp And 2 Other Leading Dividend Stocks

As the United States market experiences heightened volatility with significant drops in major indices like the Dow and Nasdaq, investors are increasingly turning their attention to more stable investment options. In such uncertain times, dividend stocks can offer a measure of reliability and income potential, making them an attractive choice for those seeking to navigate turbulent markets.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 177 stocks from our Top US Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

FS Bancorp (NasdaqCM:FSBW)

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

Overview: FS Bancorp, Inc. is a bank holding company for 1st Security Bank of Washington, offering banking and financial services to families, businesses, and industry niches in Washington with a market cap of $295.74 million.

Operations: FS Bancorp, Inc. generates revenue primarily from its Commercial and Consumer Banking segment at $117.14 million and Home Lending segment at $22.01 million.

Dividend Yield: 3%

FS Bancorp offers a stable dividend yield of 3.04%, backed by a low payout ratio of 23.7%, indicating sustainability and room for growth. The company has consistently increased dividends over the past decade, reflecting reliability and stability in payouts. Recent developments include a $5 million share repurchase program and an increase in quarterly dividends to $0.28 per share, enhancing shareholder value despite slight declines in net income and earnings per share for the past year.

• Navigate through the intricacies of FS Bancorp with our comprehensive dividend report here.
• Our comprehensive valuation report raises the possibility that FS Bancorp is priced lower than what may be justified by its financials.

Shoe Carnival (NasdaqGS:SCVL)

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

Overview: Shoe Carnival, Inc. is a family footwear retailer operating in the United States with a market cap of $567.67 million.

Operations: Shoe Carnival generates revenue from its retail footwear segment, amounting to $1.20 billion.

Dividend Yield: 3.1%

Shoe Carnival's dividend yield of 3.1% is supported by a low payout ratio of 19.9%, ensuring sustainability and coverage by both earnings and cash flows. The company has consistently raised dividends over the past decade, recently increasing its quarterly dividend to $0.15 per share, translating to an annualized rate of $0.60 per share. Despite a slight decline in recent quarterly sales and net income, Shoe Carnival maintains strong dividend reliability with stable payouts over ten years.

• Delve into the full analysis dividend report here for a deeper understanding of Shoe Carnival.
• Upon reviewing our latest valuation report, Shoe Carnival's share price might be too pessimistic.

Hyster-Yale (NYSE:HY)

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

Overview: Hyster-Yale, Inc. operates globally through its subsidiaries in the design, engineering, manufacturing, sale, and servicing of lift trucks and related products, with a market cap of approximately $693.56 million.

Operations: Hyster-Yale's revenue segments include $3.22 billion from the Lift Truck Business in the Americas, $707.60 million from EMEA, $183.70 million from JAPIC, $379.10 million from Bolzoni, and $1.40 million from Nuvera.

Dividend Yield: 3.7%

Hyster-Yale's dividend payments have been stable and growing over the past decade, supported by a low payout ratio of 16.9% and a cash payout ratio of 20.2%, ensuring coverage by earnings and cash flows. Despite recent strong annual earnings growth, the company expects lower revenues and profits in 2025 due to decreased production levels. Trading at a significant discount to its estimated fair value, Hyster-Yale offers a reliable dividend yield of 3.74%, though below top-tier US payers.

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

Seize The Opportunity

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Ready For A Different Approach?

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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.

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