As the U.S. stock market faces a challenging period with major indices like the S&P 500 and Nasdaq experiencing consecutive declines, investors are increasingly looking for stability amid economic uncertainties. In such an environment, dividend stocks can offer a reliable income stream and potential resilience against market volatility, making them an attractive consideration for those seeking to balance risk and reward in their portfolios.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 142 stocks from our Top US Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Scholastic

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

Overview: Scholastic Corporation publishes and distributes children's books globally, with a market cap of approximately $590.12 million.

Operations: Scholastic Corporation's revenue segments include Children's Book Publishing and Distribution at $932.80 million, Education Solutions at $331.10 million, and International operations generating $273.40 million.

Dividend Yield: 3.8%

Scholastic's dividend has grown steadily over the past decade, maintaining stability with a current yield of 3.8%, though it falls short compared to top-tier US dividend payers. Despite being unprofitable, its dividends are well-covered by cash flows due to a low cash payout ratio of 43.1%. However, recent earnings have declined, with Q2 net income dropping from US$76.9 million to US$48.8 million year-over-year, highlighting potential challenges in sustaining future payouts.

• Navigate through the intricacies of Scholastic with our comprehensive dividend report here.
• Our valuation report unveils the possibility Scholastic's shares may be trading at a discount.

Ennis

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

Overview: Ennis, Inc. is a company that manufactures and sells business forms and other business products in the United States, with a market cap of approximately $545.48 million.

Operations: Ennis, Inc. generates its revenue primarily from the Print segment, which accounts for $399.35 million.

Dividend Yield: 4.7%

Ennis has consistently increased its dividend over the past decade, offering a stable and attractive yield of 4.69%, placing it among the top 25% of US dividend payers. The dividends are well-supported by earnings (payout ratio: 62.9%) and cash flows (cash payout ratio: 40.8%). Despite a slight decline in sales, net income for Q3 improved to US$10.2 million from US$9.91 million year-over-year, underscoring its ability to maintain payouts amidst market fluctuations.

• Click here to discover the nuances of Ennis with our detailed analytical dividend report.
• According our valuation report, there's an indication that Ennis' share price might be on the cheaper side.

Douglas Dynamics

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

Overview: Douglas Dynamics, Inc. is a North American manufacturer and upfitter of commercial work truck attachments and equipment, with a market cap of approximately $586.59 million.

Operations: Douglas Dynamics, Inc. generates revenue through its manufacturing and upfitting operations focused on commercial work truck attachments and equipment across North America.

Dividend Yield: 4.4%

Douglas Dynamics offers a stable dividend yield of 4.39%, although slightly below the top 25% of US dividend payers. Its dividends are well-covered by earnings, with a payout ratio of 48.5%, and cash flows, despite a higher cash payout ratio of 81.8%. Recent Q4 results show improved sales at US$143.55 million and net income at US$7.91 million year-over-year, supporting its consistent dividend strategy amidst executive changes and strategic focus on operational excellence.

• Dive into the specifics of Douglas Dynamics here with our thorough dividend report.
• In light of our recent valuation report, it seems possible that Douglas Dynamics is trading behind its estimated value.

Make It Happen

• Embark on your investment journey to our 142 Top US Dividend Stocks selection here.
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Looking For Alternative Opportunities?

• 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.

Companies discussed in this article include NasdaqGS:SCHL NYSE:EBF and NYSE:PLOW.

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