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As of late August 2024, U.S. stock markets have edged higher, with major indices like the S&P 500 and Nasdaq Composite closing slightly up amid a holding pattern ahead of Nvidia's highly anticipated earnings report. With economic indicators showing mixed signals and market participants closely watching for signs from the Federal Reserve on interest rate cuts, dividend stocks can offer a measure of stability and income in uncertain times. When evaluating dividend stocks, investors often look for companies with strong financial health, consistent earnings growth, and a history of reliable dividend payments. In this context, here are three U.S. dividend stocks to watch in August 2024.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Columbia Banking System (NasdaqGS:COLB) | 5.82% | ★★★★★★ |
| BCB Bancorp (NasdaqGM:BCBP) | 5.22% | ★★★★★★ |
| WesBanco (NasdaqGS:WSBC) | 4.50% | ★★★★★★ |
| Silvercrest Asset Management Group (NasdaqGM:SAMG) | 4.97% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 6.10% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.98% | ★★★★★★ |
| OceanFirst Financial (NasdaqGS:OCFC) | 4.59% | ★★★★★★ |
| OTC Markets Group (OTCPK:OTCM) | 4.76% | ★★★★★★ |
| Chevron (NYSE:CVX) | 4.44% | ★★★★★★ |
| Regions Financial (NYSE:RF) | 4.39% | ★★★★★★ |
Click here to see the full list of 176 stocks from our Top US Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
Parke Bancorp
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Parke Bancorp, Inc., with a market cap of $247.57 million, operates as the bank holding company for Parke Bank, offering personal and business financial services to individuals and small to mid-sized businesses.
Operations: Parke Bancorp, Inc. generates $64.61 million in revenue from its community banking segment, providing financial services to individuals and small to mid-sized businesses.
Dividend Yield: 3.5%
Parke Bancorp's dividend payments have been stable and growing over the past 10 years, with a current yield of 3.48%. The company's recent share repurchase program may signal confidence in its financial stability despite a decline in net income and profit margins compared to last year. The $0.18 per share cash dividend declared for July 2024 reflects its commitment to returning value to shareholders, supported by a low payout ratio of 39.5%.
CVB Financial
Simply Wall St Dividend Rating: ★★★★★☆
Overview: CVB Financial Corp., with a market cap of $2.57 billion, operates as a bank holding company for Citizens Business Bank, offering banking and financial services to small to mid-sized businesses and individuals.