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US Dividend Stocks To Consider: 3 Top Picks

As U.S. stocks continue their upward trend, with the S&P 500 nearing a new record and optimism surrounding potential interest rate cuts, investors are increasingly looking for stable opportunities amidst market volatility. In such an environment, dividend stocks can offer a reliable income stream and potential for growth, making them an attractive option for those seeking to balance risk and reward in their portfolios.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

6.10%

★★★★★★

WesBanco (NasdaqGS:WSBC)

4.71%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

5.22%

★★★★★★

Dillard's (NYSE:DDS)

6.07%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.24%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

4.85%

★★★★★★

CompX International (NYSEAM:CIX)

4.64%

★★★★★★

Regions Financial (NYSE:RF)

4.59%

★★★★★★

Chevron (NYSE:CVX)

4.49%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.48%

★★★★★★

Click here to see the full list of 183 stocks from our Top US Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

C&F Financial

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

Overview: C&F Financial Corporation, with a market cap of $178.05 million, operates as a bank holding company for Citizens and Farmers Bank, offering banking services to individuals and businesses.

Operations: C&F Financial Corporation generates revenue through its three main segments: Consumer Finance ($17.13 million), Mortgage Banking ($10.82 million), and Community Banking ($86.25 million).

Dividend Yield: 3.1%

C&F Financial has maintained reliable and growing dividend payments over the past decade, with a stable payout ratio of 30.8%. Recent affirmations include a regular cash dividend of US$0.44 per share payable on October 1, 2024. Despite trading at 71.1% below its estimated fair value, C&F Financial's dividend yield of 3.14% is lower than the top quartile in the U.S market (4.48%). The company recently reported declining net income and was dropped from multiple Russell indices in July 2024.

NasdaqGS:CFFI Dividend History as at Aug 2024
NasdaqGS:CFFI Dividend History as at Aug 2024

Himax Technologies

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

Overview: Himax Technologies, Inc. is a fabless semiconductor company that provides display imaging processing technologies across various regions including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States with a market cap of $1.03 billion.

Operations: Himax Technologies, Inc. generates revenue through its display imaging processing technologies in several regions, including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.

Dividend Yield: 4.7%

Himax Technologies' recent earnings report showed significant growth in net income, rising from US$0.89 million to US$29.63 million year-over-year for Q2 2024, though revenue saw a slight increase to US$239.62 million. Despite this, the company's dividend payments are not well covered by earnings but are supported by cash flows with a low cash payout ratio of 35.4%. However, dividends have been volatile and unreliable over the past decade.

NasdaqGS:HIMX Dividend History as at Aug 2024
NasdaqGS:HIMX Dividend History as at Aug 2024

West Bancorporation

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

Overview: West Bancorporation, Inc. is a financial holding company that offers community banking and trust services to individuals and small- to medium-sized businesses in the United States, with a market cap of $316.29 million.

Operations: West Bancorporation, Inc. generates $76.33 million from its community banking segment.

Dividend Yield: 5.2%

West Bancorporation declared a US$0.25 per share dividend, payable on August 21, 2024. Recent earnings showed a slight decline with Q2 net income at US$5.19 million compared to US$5.86 million last year. Despite this, the company maintains a high and stable dividend yield of 5.17%, among the top 25% in the U.S., with reliable payments over the past decade and a current payout ratio of 78.2%.

NasdaqGS:WTBA Dividend History as at Aug 2024
NasdaqGS:WTBA Dividend History as at Aug 2024

Where To Now?

  • Dive into all 183 of the Top US Dividend Stocks we have identified here.

  • Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.

  • Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Searching for a Fresh Perspective?

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:CFFI NasdaqGS:HIMX and NasdaqGS:WTBA.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com