3 Dividend Stocks In The US Yielding Up To 3.4%

In This Article:

As the U.S. stock market grapples with a tech selloff and economic concerns following a disappointing jobs report, investors are increasingly seeking stability in their portfolios. In such volatile times, dividend stocks can offer a reliable income stream and potential for long-term growth.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

6.09%

★★★★★★

WesBanco (NasdaqGS:WSBC)

4.67%

★★★★★★

Dillard's (NYSE:DDS)

6.05%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

5.21%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.12%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

4.68%

★★★★★★

CompX International (NYSEAM:CIX)

4.72%

★★★★★★

Chevron (NYSE:CVX)

4.71%

★★★★★★

Regions Financial (NYSE:RF)

4.51%

★★★★★★

Virtus Investment Partners (NYSE:VRTS)

4.57%

★★★★★★

Click here to see the full list of 180 stocks from our Top US Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

First Capital

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

Overview: First Capital, Inc. (NasdaqCM:FCAP) operates as the bank holding company for First Harrison Bank, offering a range of banking services to individuals and businesses, with a market cap of $111.39 million.

Operations: First Capital, Inc. generates its revenue primarily from its banking segment, totaling $40.80 million.

Dividend Yield: 3.5%

First Capital's dividends have grown steadily over the past decade, with a recent 7.4% increase to US$0.29 per share, payable on September 27, 2024. Despite a relatively low yield of 3.49%, its payout ratio is a sustainable 30%. The stock trades at 61.1% below estimated fair value and has consistently reliable dividend payments, though there is insufficient data to predict future coverage or sustainability beyond three years.

NasdaqCM:FCAP Dividend History as at Sep 2024
NasdaqCM:FCAP Dividend History as at Sep 2024

First National

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

Overview: First National Corporation, with a market cap of $109.28 million, operates as the bank holding company for First Bank, offering a range of commercial banking services to small and medium-sized businesses, individuals, estates, local governmental entities, and non-profit organizations in Virginia.

Operations: First National Corporation generates $49.19 million in revenue from its banking services segment.

Dividend Yield: 3.4%

First National Corporation declared a quarterly dividend of $0.15 per share, payable on September 13, 2024. Despite a lower yield of 3.45%, the company has maintained stable and growing dividends over the past decade with a reasonable payout ratio of 47.5%. However, recent earnings reports show declining net income and increased net charge-offs, which may impact future dividend sustainability. The stock trades at 58.2% below estimated fair value and is considering a merger with Touchstone Bank.