Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Independent Bank And 2 Other Dividend Stocks To Enhance Your Portfolio

In This Article:

Amidst ongoing economic concerns and recent fluctuations in major U.S. stock indices, investors are increasingly focused on strategies that can provide stability and income in uncertain times. Dividend stocks, known for their potential to offer consistent returns through regular payouts, can be an attractive addition to a portfolio, especially when navigating market volatility.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

5.39%

★★★★★★

Dillard's (NYSE:DDS)

6.68%

★★★★★★

FMC (NYSE:FMC)

6.29%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.25%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.00%

★★★★★★

Southside Bancshares (NYSE:SBSI)

4.68%

★★★★★★

Regions Financial (NYSE:RF)

6.01%

★★★★★★

Isabella Bank (OTCPK:ISBA)

4.49%

★★★★★★

First Interstate BancSystem (NasdaqGS:FIBK)

6.12%

★★★★★★

Virtus Investment Partners (NYSE:VRTS)

4.79%

★★★★★★

Click here to see the full list of 142 stocks from our Top US Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

Independent Bank

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

Overview: Independent Bank Corporation, with a market cap of $710.04 million, operates as the bank holding company for Independent Bank, offering commercial banking services to individuals and businesses in rural and suburban communities in Michigan.

Operations: Independent Bank Corporation generates revenue of $218.14 million through its subsidiary, Independent Bank, by providing commercial banking services in Michigan.

Dividend Yield: 3.1%

Independent Bank's dividend strategy remains robust with a sustainable payout ratio of 30%, ensuring dividends are well-covered by earnings. The bank's dividends have been stable and growing over the past decade, recently increasing by 8% to US$0.26 per share. Despite a relatively low yield of 3.06%, the stock trades at an attractive valuation, significantly below its estimated fair value. Recent earnings growth and strategic buyback plans further underscore its financial health and commitment to shareholder returns.

NasdaqGS:IBCP Dividend History as at Mar 2025
NasdaqGS:IBCP Dividend History as at Mar 2025

Bank OZK

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

Overview: Bank OZK offers a range of retail and commercial banking services to individuals and businesses across the United States, with a market cap of approximately $5.45 billion.

Operations: Bank OZK generates revenue primarily through its Community Banking segment, which amounts to $1.48 billion.