In This Article:
As the S&P 500 reaches record highs, buoyed by a late trading rally, investors are closely watching the market's momentum and its implications for portfolio strategies. In such an environment, dividend stocks can offer a blend of income and stability, making them an attractive option for those looking to capitalize on the current market dynamics while potentially mitigating risk.
Top 10 Dividend Stocks In The United States
Name | Dividend Yield | Dividend Rating |
Columbia Banking System (NasdaqGS:COLB) | 5.17% | ★★★★★★ |
FMC (NYSE:FMC) | 6.10% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.84% | ★★★★★★ |
Dillard's (NYSE:DDS) | 5.16% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.55% | ★★★★★★ |
Isabella Bank (OTCPK:ISBA) | 4.48% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.20% | ★★★★★★ |
First Interstate BancSystem (NasdaqGS:FIBK) | 5.74% | ★★★★★★ |
Virtus Investment Partners (NYSE:VRTS) | 4.82% | ★★★★★★ |
Archer-Daniels-Midland (NYSE:ADM) | 4.44% | ★★★★★★ |
Click here to see the full list of 135 stocks from our Top US Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Karat Packaging
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Karat Packaging Inc. manufactures and distributes single-use disposable products for restaurant and foodservice settings, with a market cap of approximately $644.38 million.
Operations: Karat Packaging Inc. generates revenue primarily from the manufacturing and supply of a diverse range of single-use products, totaling $416.57 million.
Dividend Yield: 5.2%
Karat Packaging's dividend yield of 5.23% places it in the top 25% of US dividend payers, with recent increases reflecting a rise to $0.45 per share. However, its payout ratio of 84.9% and cash payout ratio of 76.5% suggest moderate coverage by earnings and cash flows, respectively. Despite a volatile and short dividend history, earnings are forecasted to grow annually at 12.73%, potentially supporting future stability in payouts.
Magic Software Enterprises
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Magic Software Enterprises Ltd. offers proprietary application development, vertical software solutions, business process integration, IT outsourcing services, and cloud-based services both in Israel and internationally, with a market cap of $627.98 million.
Operations: Magic Software Enterprises Ltd. generates revenue through proprietary application development, vertical software solutions, business process integration, IT outsourcing software services, and cloud-based services across Israel and international markets.