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US Dividend Stocks To Consider In December 2024

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As U.S. markets react positively to inflation data, expectations for a Federal Reserve interest rate cut are bolstering investor sentiment, driving gains in major indices like the S&P 500 and Nasdaq Composite. In this environment of potential monetary easing, dividend stocks can offer investors a compelling combination of income and stability amid fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Peoples Bancorp (NasdaqGS:PEBO)

4.60%

★★★★★★

Columbia Banking System (NasdaqGS:COLB)

4.88%

★★★★★★

Interpublic Group of Companies (NYSE:IPG)

4.34%

★★★★★★

Isabella Bank (OTCPK:ISBA)

4.45%

★★★★★★

Dillard's (NYSE:DDS)

4.51%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.49%

★★★★★★

First Interstate BancSystem (NasdaqGS:FIBK)

5.54%

★★★★★★

Ennis (NYSE:EBF)

4.67%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.41%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.41%

★★★★★★

Click here to see the full list of 136 stocks from our Top US Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

OceanFirst Financial

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

Overview: OceanFirst Financial Corp. is the bank holding company for OceanFirst Bank N.A., with a market cap of approximately $1.16 billion.

Operations: OceanFirst Financial Corp. generates revenue primarily through its Community Banking Operations, which amounted to $380.97 million.

Dividend Yield: 4%

OceanFirst Financial offers a stable dividend history with payments increasing over the past decade, currently yielding 4.01%, slightly below the top 25% of US dividend payers. The company's dividends are well covered by earnings with a payout ratio of 45.9%, expected to remain sustainable at 42.1% in three years. Recent earnings show growth, with net income rising to US$25.12 million for Q3 2024, supporting continued dividend reliability and potential value trading below estimated fair value by 27.7%.

NasdaqGS:OCFC Dividend History as at Dec 2024
NasdaqGS:OCFC Dividend History as at Dec 2024

S&T Bancorp

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

Overview: S&T Bancorp, Inc. is the bank holding company for S&T Bank, offering retail and commercial banking products and services, with a market cap of approximately $1.64 billion.

Operations: S&T Bancorp's revenue from its Community Banking segment amounts to $386.29 million.

Dividend Yield: 3.1%

S&T Bancorp's dividends are well-covered by earnings, with a low payout ratio of 9.3%, and have shown stability and growth over the past decade. The recent increase to $0.34 per share highlights this trend, though its yield of 3.09% is below top-tier US dividend payers. Despite a slight decline in Q3 net income to $32.59 million, the company maintains reliable dividends and trades at an attractive valuation below estimated fair value by 40.1%.