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As the U.S. stock market looks to rebound from a challenging end to 2024, with major indices like the Dow Jones and S&P 500 starting the new year on a positive note, investors are increasingly turning their attention to dividend stocks as a source of steady income amid fluctuating conditions. In this environment, selecting dividend stocks that offer attractive yields can be an effective strategy for those seeking stability and potential growth in their investment portfolios.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| WesBanco (NasdaqGS:WSBC) | 4.55% | ★★★★★★ |
| Columbia Banking System (NasdaqGS:COLB) | 5.33% | ★★★★★★ |
| Peoples Bancorp (NasdaqGS:PEBO) | 5.05% | ★★★★★★ |
| Interpublic Group of Companies (NYSE:IPG) | 4.71% | ★★★★★★ |
| Southside Bancshares (NYSE:SBSI) | 4.60% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 6.02% | ★★★★★★ |
| Chevron (NYSE:CVX) | 4.50% | ★★★★★★ |
| First Interstate BancSystem (NasdaqGS:FIBK) | 5.79% | ★★★★★★ |
| Citizens & Northern (NasdaqCM:CZNC) | 6.02% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.85% | ★★★★★★ |
Click here to see the full list of 157 stocks from our Top US Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Parke Bancorp
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Parke Bancorp, Inc. is a bank holding company for Parke Bank, offering personal and business financial services to individuals and small to mid-sized businesses, with a market cap of $243.75 million.
Operations: Parke Bancorp, Inc. generates revenue of $63.15 million from its Community Banking segment, providing financial services to individuals and small to mid-sized businesses.
Dividend Yield: 3.5%
Parke Bancorp offers a reliable dividend yield of 3.51%, though it falls short of the top 25% in the US market. The company's dividends have been stable and growing over the past decade, supported by a low payout ratio of 30.5%. Recent insider selling could be a concern, but recent earnings showed strong net income growth despite lower net interest income. A $0.18 per share dividend is set for January 2025, following share buybacks worth $2.01 million.
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Take a closer look at Parke Bancorp's potential here in our dividend report.
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Our valuation report unveils the possibility Parke Bancorp's shares may be trading at a discount.
Provident Financial Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Provident Financial Holdings, Inc., with a market cap of $107.60 million, serves as the holding company for Provident Savings Bank, F.S.B.
Operations: Provident Financial Holdings, Inc. generates its revenue primarily from its Banking segment, which accounts for $39.79 million.