Preferred Bank And 2 Other Dividend Stocks To Boost Your Portfolio
Preferred Bank PFBC | 0.00 |
The United States market remained flat over the last week, yet it has shown a robust 24% rise over the past 12 months with earnings projected to grow by 19% annually. In such dynamic conditions, dividend stocks like Preferred Bank can offer stability and income potential, making them an attractive option for investors aiming to enhance their portfolios.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Peoples Bancorp (PEBO) | 4.59% | ★★★★★☆ |
| OTC Markets Group (OTCM) | 5.71% | ★★★★★★ |
| Huntington Bancshares (HBAN) | 3.54% | ★★★★★☆ |
| First Interstate BancSystem (FIBK) | 5.07% | ★★★★★★ |
| Ennis (EBF) | 4.82% | ★★★★★★ |
| Donegal Group (DGIC.A) | 4.37% | ★★★★★★ |
| Columbia Banking System (COLB) | 4.73% | ★★★★★★ |
| CareTrust REIT (CTRE) | 4.23% | ★★★★★☆ |
| Banco Latinoamericano de Comercio Exterior S. A (BLX) | 4.55% | ★★★★★☆ |
| Accenture (ACN) | 3.83% | ★★★★★☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
Preferred Bank (PFBC)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Preferred Bank offers a range of banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals, with a market cap of approximately $1.20 billion.
Operations: Preferred Bank generates revenue primarily from its commercial banking segment, amounting to $283.40 million.
Dividend Yield: 3.1%
Preferred Bank's dividend payments are well covered by earnings, with a payout ratio of 28.3%, and have been stable and growing over the past decade. The bank offers a reliable dividend yield of 3.15%, although this is below the top tier in the US market. Despite significant insider selling recently, Preferred Bank trades at a good value compared to peers and has completed substantial share buybacks, enhancing shareholder value amidst high levels of bad loans (2.8%).
Spok Holdings (SPOK)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Spok Holdings, Inc., through its subsidiary Spok, Inc., provides healthcare communication solutions across various regions including the United States, Europe, Canada, Australia, Asia, and the Middle East with a market cap of $227.67 million.
Operations: Spok Holdings generates revenue from its Clinical Communication and Collaboration Business, amounting to $136.64 million.
Dividend Yield: 11.5%
Spok Holdings offers a high dividend yield of 11.47%, placing it in the top 25% of US dividend payers, though not well-covered by earnings or cash flows, with payout ratios exceeding 200%. Despite stable and growing dividends over the last decade, recent financials show declining revenues and net income. The company is undergoing strategic realignment to cut costs while maintaining its commitment to returning cash to stockholders amidst significant insider selling.
Lamb Weston Holdings (LW)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Lamb Weston Holdings, Inc. is involved in the production, distribution, and marketing of frozen potato products across the United States, Canada, Mexico, and internationally with a market cap of $6.27 billion.
Operations: Lamb Weston Holdings generates revenue primarily from its North America segment, which accounts for $4.29 billion, and its International segment, contributing $2.23 billion.
Dividend Yield: 3.3%
Lamb Weston Holdings offers a dividend yield of 3.35%, below the top 25% of US dividend payers, yet it maintains reliable and stable dividends over the past decade with coverage from earnings (payout ratio: 69.3%) and cash flows (cash payout ratio: 33.1%). Despite facing legal challenges related to environmental issues and strategic restructuring efforts, including facility closures, its dividends remain well-supported by financial fundamentals amidst ongoing operational adjustments.
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Interested In Other Possibilities?
- 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.
