Top US Dividend Stocks To Consider In July 2024

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Amid a backdrop of volatility in major U.S. stock indexes, with recent sharp declines in technology stocks and fluctuations across other sectors, investors may find themselves seeking stability. In such times, dividend stocks can offer a compelling option for those looking to generate steady income from their investments, regardless of market conditions.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Interpublic Group of Companies (NYSE:IPG)

4.45%

★★★★★★

Columbia Banking System (NasdaqGS:COLB)

6.18%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.11%

★★★★★★

Resources Connection (NasdaqGS:RGP)

5.00%

★★★★★★

Dillard's (NYSE:DDS)

5.32%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

4.60%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

4.58%

★★★★★★

CompX International (NYSEAM:CIX)

5.01%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.55%

★★★★★★

Marine Products (NYSE:MPX)

5.52%

★★★★★☆

Click here to see the full list of 184 stocks from our Top US Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Middlefield Banc

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

Overview: Middlefield Banc Corp., with a market cap of $208.13 million, serves as the bank holding company for The Middlefield Banking Company, offering commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio.

Operations: Middlefield Banc Corp. generates its revenue primarily from banking activities, totaling $66.74 million.

Dividend Yield: 3.1%

Middlefield Banc Corp. reported a decrease in net interest income and net income for the second quarter and first half of 2024, indicating potential challenges in maintaining its dividend payouts. Despite this, the company has maintained a stable dividend of US$0.20 per share recently and has consistently paid dividends over the past decade, supported by a reasonable payout ratio of 41.2%. However, it's noteworthy that Middlefield Banc's dividend yield of 3.1% is below the top quartile in the U.S. market, which stands at 4.44%. The recent addition to the Russell 2000 Dynamic Index could enhance its visibility among investors.

NasdaqCM:MBCN Dividend History as at Jul 2024
NasdaqCM:MBCN Dividend History as at Jul 2024

Fulton Financial

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

Overview: Fulton Financial Corporation, a financial holding company, offers consumer and commercial banking products and services across Pennsylvania, Delaware, Maryland, New Jersey, and Virginia with a market cap of approximately $3.55 billion.