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As the S&P 500 and Nasdaq hit record highs amidst a post-election rally, investors are increasingly turning their attention to dividend stocks as a means of securing steady income in an exuberant market. In such buoyant conditions, a good dividend stock is often characterized by its ability to provide consistent payouts and demonstrate resilience amid market fluctuations.
Top 10 Dividend Stocks In The United States
Name | Dividend Yield | Dividend Rating |
WesBanco (NasdaqGS:WSBC) | 4.23% | ★★★★★★ |
Peoples Bancorp (NasdaqGS:PEBO) | 4.60% | ★★★★★★ |
Columbia Banking System (NasdaqGS:COLB) | 4.71% | ★★★★★★ |
Isabella Bank (OTCPK:ISBA) | 4.52% | ★★★★★★ |
Dillard's (NYSE:DDS) | 4.75% | ★★★★★★ |
Financial Institutions (NasdaqGS:FISI) | 4.49% | ★★★★★★ |
Southside Bancshares (NYSE:SBSI) | 4.24% | ★★★★★★ |
First Interstate BancSystem (NasdaqGS:FIBK) | 5.48% | ★★★★★★ |
Premier Financial (NasdaqGS:PFC) | 4.52% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.46% | ★★★★★★ |
Click here to see the full list of 136 stocks from our Top US Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Timberland Bancorp
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Timberland Bancorp, Inc. is the bank holding company for Timberland Bank, offering a range of community banking services in Washington, with a market cap of $265.79 million.
Operations: Timberland Bancorp generates its revenue primarily from community banking services, amounting to $74.15 million.
Dividend Yield: 3.1%
Timberland Bancorp's dividend payments have been reliable and stable over the past decade, with a recent 4% increase to $0.25 per share. The dividend yield of 3.05% is lower than top US payers, but a low payout ratio of 31.4% suggests sustainability. Trading at 54.9% below its estimated fair value enhances its appeal as a value investment, though recent earnings showed slight declines in net income and earnings per share compared to the previous year.
SpartanNash
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SpartanNash Company distributes and retails grocery products in the United States, with a market cap of approximately $645.73 million.
Operations: SpartanNash generates revenue through its Retail segment, which accounts for $2.79 billion, and its Wholesale segment, contributing $7.93 billion.
Dividend Yield: 4.6%
SpartanNash's dividend yield of 4.56% ranks in the top 25% among US payers, with stable and reliable growth over the past decade. However, dividends are not well covered by free cash flows, raising sustainability concerns despite a reasonable payout ratio of 64.4%. Recent earnings showed slight declines in net income and sales, while a recent quarterly dividend of $0.2175 per share was affirmed for December payment amid ongoing share buybacks totaling $39.53 million since early 2022.