Virginia National Bankshares And Two More Top Dividend Stocks To Consider

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The U.S. stock market has recently displayed significant volatility, with individual stocks like Nvidia influencing major indices while others, such as Pool Corporation and SolarEdge Technologies, navigate challenging economic conditions. In this environment, dividend stocks like Virginia National Bankshares can offer investors potential stability and regular income, qualities that are particularly appealing amid the current market fluctuations.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

7.76%

★★★★★★

Resources Connection (NasdaqGS:RGP)

5.16%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

5.41%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

5.09%

★★★★★★

Regions Financial (NYSE:RF)

5.05%

★★★★★★

Dillard's (NYSE:DDS)

4.84%

★★★★★★

Citizens Financial Group (NYSE:CFG)

4.80%

★★★★★★

Huntington Bancshares (NasdaqGS:HBAN)

4.86%

★★★★★★

CompX International (NYSEAM:CIX)

4.96%

★★★★★★

Premier Financial (NasdaqGS:PFC)

6.48%

★★★★★☆

Click here to see the full list of 207 stocks from our Top Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Virginia National Bankshares

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

Overview: Virginia National Bankshares Corporation, with a market cap of approximately $171.33 million, serves as the holding company for Virginia National Bank, offering various commercial and retail banking services.

Operations: Virginia National Bankshares Corporation generates revenue through its banking operations at $52.43 million, Masonry Capital at $1.04 million, and VNB Trust & Estate Services at $1.07 million.

Dividend Yield: 4.1%

Virginia National Bankshares recently declared a quarterly dividend of US$0.33, maintaining a consistent payout amidst a backdrop of declining earnings, with Q1 net income dropping to US$3.65 million from US$5.79 million year-over-year. Despite the lower yield of 4.14% relative to top U.S. dividend payers, the company's dividends have shown stability and growth over the past decade, supported by a manageable payout ratio of 41.4%. Trading at 61% below estimated fair value suggests potential undervaluation.

NasdaqCM:VABK Dividend History as at Jun 2024
NasdaqCM:VABK Dividend History as at Jun 2024

Penns Woods Bancorp

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

Overview: Penns Woods Bancorp, Inc., serving as the bank holding company for Jersey Shore State Bank, offers commercial and retail banking services to a diverse clientele including individuals and corporations, with a market capitalization of approximately $156.46 million.