3 High-Quality Dividend Stocks Yielding Up To 4.8%
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Over the last 7 days, the United States market has dropped 1.1%, yet it remains up by 9.1% over the past year with earnings forecasted to grow by 14% annually. In this dynamic environment, high-quality dividend stocks can offer investors a combination of income and potential for growth, making them an attractive option for those seeking stability amidst fluctuating market conditions.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Columbia Banking System (NasdaqGS:COLB) | 6.08% | ★★★★★★ |
| First Interstate BancSystem (NasdaqGS:FIBK) | 7.11% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 6.43% | ★★★★★★ |
| Ennis (NYSE:EBF) | 5.29% | ★★★★★★ |
| Chevron (NYSE:CVX) | 5.05% | ★★★★★★ |
| Credicorp (NYSE:BAP) | 5.42% | ★★★★★☆ |
| Valley National Bancorp (NasdaqGS:VLY) | 5.10% | ★★★★★☆ |
| Southside Bancshares (NYSE:SBSI) | 5.02% | ★★★★★☆ |
| Huntington Bancshares (NasdaqGS:HBAN) | 4.05% | ★★★★★☆ |
| Carter's (NYSE:CRI) | 9.96% | ★★★★★☆ |
Click here to see the full list of 148 stocks from our Top US Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
Calavo Growers
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Calavo Growers, Inc. is involved in marketing and distributing avocados, prepared avocados, and other perishable foods to a variety of customers globally, with a market cap of $479.45 million.
Operations: Calavo Growers, Inc. generates its revenue through two main segments: Fresh, which accounts for $624.39 million, and Prepared, contributing $63.93 million.
Dividend Yield: 3%
Calavo Growers recently declared a quarterly dividend of US$0.20 per share, supported by a payout ratio of 77.5%, indicating coverage by earnings and cash flows. Despite an impressive earnings turnaround, with net income reaching US$4.42 million in the latest quarter, the dividend yield remains low compared to top-tier payers in the U.S., and past payments have been volatile. The company also announced a US$25 million share repurchase program valid until 2027, potentially enhancing shareholder value.
Central Securities
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Central Securities Corp. is a publicly owned investment manager with a market cap of approximately $1.35 billion.
Operations: Central Securities Corp. generates revenue primarily through its financial services segment, specifically from closed-end funds, amounting to approximately $23.70 million.
Dividend Yield: 4.8%
Central Securities offers a dividend yield of 4.84%, placing it among the top 25% of U.S. dividend payers, though its dividends are not well covered by free cash flows, with a high cash payout ratio of 174.7%. Despite earnings growth of 28.8% over the past year and trading at a significant discount to estimated fair value, its dividend payments have been volatile and unreliable over the past decade.