Avoid Estée Lauder Companies And Explore This One Attractive Dividend Stock Instead
The appeal of dividend stocks is clear, particularly in the U.S. market where they offer a steady source of income. However, it is crucial to consider the stability of these dividends. Companies like Estée Lauder Companies, which have seen significant cuts in their dividends, may indicate underlying financial challenges or a lack of resilience in maintaining shareholder returns. This distinction is important for investors seeking reliable income streams from their stock investments.
Here are the top 10 dividend stocks in the United States:
1. Columbia Banking System (NasdaqGS:COLB) – 7.36% dividend yield, ★★★★★★ rating
2. Resources Connection (NasdaqGS:RGP) – 5.31% dividend yield, ★★★★★★ rating
3. OceanFirst Financial (NasdaqGS:OCFC) – 5.15% dividend yield, ★★★★★★ rating
4. Silvercrest Asset Management Group (NasdaqGM:SAMG) – 4.97% dividend yield, ★★★★★★ rating
5. Dillard’s (NYSE:DDS) – 4.87% dividend yield, ★★★★★★ rating
6. Regions Financial (NYSE:RF) – 4.83% dividend yield, ★★★★★★ rating
7. CompX International (NYSEAM:CIX) – 5.21% dividend yield, ★★★★★★ rating
8. Southside Bancshares (NasdaqGS:SBSI) – 5.46% dividend yield, ★★★★★☆ rating
9. Huntington Bancshares (NasdaqGS:HBAN) – 4.75% dividend yield, ★★★★★☆ rating
10. First Bancorp (NasdaqGS:FNLC) – 5.78% dividend yield, ★★★★★☆ rating
One top pick from our screening is Middlefield Banc (NasdaqCM:MBCN):
– Simply Wall St Dividend Rating: ★★★★☆☆
– Market cap: $187.96 million
– Overview: Middlefield Banc Corp. offers commercial banking services in Ohio.
– Dividend Yield: 3.4%
– Despite facing some challenges, MBCN has maintained a stable and growing dividend for the past decade.
On the other hand, Estée Lauder Companies (NYSE:EL) is a stock to reconsider:
– Simply Wall St Dividend Rating: ★★☆☆☆☆
– Market cap: $38.17 billion
– Overview: Estée Lauder specializes in skincare, makeup, fragrance, and hair care products.
– Dividend Yield: 2.5%
– EL has shown volatility in its dividends and has a high debt level, raising concerns about its financial health and dividend sustainability.
For more insights on dividend stocks and to optimize your investment outcomes, explore our full catalog of 202 top dividend stocks. Remember, this article is for informational purposes only and does not constitute financial advice.