MarketBeat's Top-Rated Dividend Stocks for 2026

By Ryan Hasson | December 30, 2025, 11:23 AM

Dividend certificates, gold coins, and a rising chart motif emphasize dividend income and top-rated payout performance.

In a market often dominated by the volatility of high-growth technology stocks and shifting macroeconomic headlines, the value of a disciplined dividend strategy still remains relevant. While momentum-driven trades can deliver outsized gains during favorable stretches, long-term wealth creation has historically rewarded investors who focus on durable cash flows, balance sheet strength, and consistent execution.

For income-focused investors, the objective isn’t simply to chase the highest yield available, though. Instead, the real opportunity lies in identifying fundamentally sound businesses. Especially companies capable of sustaining and growing dividends while also delivering capital appreciation over time. When dividend income is paired with improving fundamentals and favorable sentiment, the result can be powerful compounding.

That’s where MarketBeat’s Top-Rated Dividend Stocks list becomes particularly useful. The list ranks dividend-paying companies by their highest average analyst rating over the past 12 months. The maximum possible rating score is 4.00, representing 100% Strong Buy ratings across the analyst community. In short, it highlights dividend stocks that Wall Street analysts are collectively most confident in.

So let’s take a look at five of the top-rated dividend stocks currently favored by Wall Street analysts. The selections span multiple sectors, offering a diversified approach to income-oriented investing.

Ultrapar Participações: High Yield Meets Analyst Conviction

Ultrapar Participações S.A. (NYSE: UGP) is a Brazilian diversified holding company with operations across downstream energy distribution, logistics, and chemical products. The company is a dominant player in South American energy infrastructure, and its scale has translated into both resilience and shareholder returns.

From a performance standpoint, Ultrapar has delivered an exceptional year. Shares are up 42% year-to-date (YTD), excluding dividends. That’s an awe-inspiring result for an energy infrastructure name, especially one that also offers a high yield. 

UGP currently offers a 7.48% dividend yield, significantly above sector averages and well above what investors can find in most developed-market energy equities. While its five-year dividend growth rate has declined modestly, recent actions suggest management remains committed to returning capital. On Dec. 26, the company declared a special dividend of nearly 19 cents per share, reinforcing its appeal to income investors.

What ultimately places Ultrapar at the top of MarketBeat’s list is the combination of yield and analyst conviction. The stock carries a consensus rating score of 3.42, the highest among this group. All seven analysts covering the stock rate it a Buy, and the consensus price target of $4.50 implies nearly 20% upside from current levels. With a P/E ratio of just 7.94, Ultrapar stands out as a high-yield name trading at a valuation that attracts both income and value investors.

California BanCorp: Small-Cap Bank with Improving Fundamentals

Second on the list is California BanCorp (NASDAQ: BCAL), a small-cap regional banking name with a market capitalization of $610 million. Despite its size, the bank has quietly put together a solid year, with shares up more than 14% YTD.

California BanCorp offers a diversified suite of deposit products, including checking, savings, money market, and certificate of deposit accounts. Its lending operations span commercial and industrial loans, real estate and construction financing, and consumer lending products, including personal loans and home equity lines of credit.

From an income perspective, the stock offers a 2.12% dividend yield, supported by a conservative 20.6% payout ratio. That low payout ratio leaves ample room for future dividend growth should earnings continue to expand. Analyst sentiment is notably strong. All five analysts covering the stock rate it a Buy, with a consensus price target implying nearly 8% upside.

Fundamentally, the company delivered an impressive Q3 earnings report. California BanCorp reported EPS of 48 cents, beating estimates by 9 cents, while revenue of $45.18 million exceeded expectations as well. The stock trades at a reasonable P/E of 9.74, positioning it as a value-oriented income play within the regional banking space.

H World Group: Dividend Exposure to the Global Travel Recovery

Third on the list is H World Group (NASDAQ: HTHT), one of the world's largest hotel management and franchising companies. Formerly known as Huazhu Group, the company primarily serves the Chinese market and operates a broad portfolio of brands spanning economy, midscale, and luxury segments.

H World has been a clear outperformer, with shares up nearly 47% YTD, reflecting both a recovery in global travel demand and improved operating leverage. The stock offers a 3.26% dividend yield, providing income exposure to the consumer cyclical sector.

That yield, however, comes with a caveat. The company’s 90.8% payout ratio leaves limited room for dividend growth in the near term, making future increases more dependent on earnings expansion. Analyst sentiment remains steadfast, with all seven analysts covering the stock rating it a Buy.

Valuation is where investors may want to remain selective. H World trades at a P/E of 28 and a forward P/E near 20, elevated relative to several other names on this list. A pullback toward prior resistance-turned-support in the low-$40s could offer a more attractive long-term entry point for income-focused investors seeking exposure to the travel recovery.

Genco Shipping & Trading: Cyclical Industry, Disciplined Capital Returns

Fourth on the list is Genco Shipping & Trading (NYSE: GNK), a global owner and operator of dry bulk vessels that transport key commodities such as iron ore, coal, grain, and fertilizers. Shipping is a notoriously cyclical industry, but Genco has differentiated itself through disciplined balance sheet management and shareholder-friendly capital allocation.

The stock is up nearly 35% YTD and is currently consolidating near its 52-week highs. A breakout above resistance near $19.50 could signal renewed momentum. From an income standpoint, GNK offers a 3.19% dividend yield, supported by impressive five-year annualized dividend growth of nearly 26%.

Analyst sentiment remains favorable, with three of four analysts rating the stock a Buy. The consensus price target implies roughly 12% upside, suggesting Wall Street expects continued strength despite the cyclical backdrop.

Glacier Bancorp: Underperformance Creating a Potential Opportunity

Rounding out the list is Glacier Bancorp (NASDAQ: GBCI), a $5.9 billion regional banking franchise headquartered in Montana, serving communities across the western United States. Through its Glacier Bank subsidiary, the company offers commercial and consumer lending, deposit services, mortgage banking, wealth management, and insurance products.

Unlike several other names on this list, Glacier Bancorp has underperformed, with shares down roughly 9% YTD. That weakness, however, may be creating an opportunity. The stock now trades at a forward P/E of 14.6, compared to a trailing P/E above 22, while offering a 2.9% dividend yield.

The underperformance largely stems from a Q3 earnings miss. The company reported EPS of 57 cents, falling short of estimates by 5 cents. Analyst sentiment remains constructive nonetheless, with a consensus Buy rating and an average price target of $53.60, implying nearly 18% upside. Q4 earnings will be a key catalyst that could reshape the stock’s momentum.

Dividend Quality Matters in 2026

As investors look ahead to 2026, the appeal of dividend stocks may be entering a new phase. If interest rates trend lower and liquidity conditions improve, capital that has remained sidelined in cash could begin rotating back into equities. For example, with declining interest rates, capital might start to flow from money market accounts into income-generating names with firm analyst conviction.

However, yield alone isn’t enough. The most compelling opportunities will combine income, reasonable valuations, improving fundamentals, and sustained institutional confidence. While each stock on this list carries its own risks, together they underscore how dividend investing can remain both defensive and opportunistic in a changing macro environment.

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The article "MarketBeat’s Top-Rated Dividend Stocks for 2026" first appeared on MarketBeat.

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