Ross Stores

Ross Stores is the largest off-price apparel and home fashion retailer in the United States, selling brand-name goods at steep discounts through its Ross Dress for Less and dd's Discounts chains. Its treasure-hunt model, buying excess inventory opportunistically and keeping costs low, draws value-conscious shoppers and tends to perform well when consumers trade down. Ross suspended its dividend during the pandemic but has since restored and grown it, resuming a long pattern of increases backed by steady cash flow and store expansion. The yield is low, with much of the company's cash returned through buybacks, so the story is one of a reliably rising, well-covered dividend attached to a resilient discount retailer rather than a high-yield income holding.