Civista Bancshares And Two More Top Dividend Stocks In The US

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Amidst a fluctuating U.S. market, where the Nasdaq Composite and S&P 500 have recently faced declines while the Dow Jones Industrial Average continues to hit record highs, investors are navigating through a landscape marked by geopolitical tensions and shifting economic policies. In such an environment, dividend stocks like Civista Bancshares offer a potential avenue for stability and consistent returns, appealing particularly in times when market volatility prompts a search for more secure investment options.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

6.08%

★★★★★★

Resources Connection (NasdaqGS:RGP)

5.10%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.97%

★★★★★★

Dillard's (NYSE:DDS)

5.09%

★★★★★★

CompX International (NYSEAM:CIX)

4.92%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.58%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

4.74%

★★★★★☆

Carter's (NYSE:CRI)

5.08%

★★★★★☆

Union Bankshares (NasdaqGM:UNB)

5.81%

★★★★★☆

First Bancorp (NasdaqGS:FNLC)

5.22%

★★★★★☆

Click here to see the full list of 179 stocks from our Top US Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Civista Bancshares

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

Overview: Civista Bancshares, Inc., serving as the financial holding company for Civista Bank, offers community banking services with a market capitalization of approximately $275.38 million.

Operations: Civista Bancshares, Inc. generates its revenue primarily through banking services, amounting to $150.26 million.

Dividend Yield: 3.5%

Civista Bancshares offers a stable dividend yield of 3.53%, although it's below the top quartile of US dividend stocks. It trades at a 20.2% discount to its estimated fair value and has maintained reliable, growing dividends for the past decade with a low payout ratio of 27.2%, suggesting sustainability. However, earnings are projected to decline by an average of 10.3% annually over the next three years, posing potential challenges for future dividend growth and stability. Recent executive changes and a new share repurchase program highlight active management adjustments but also introduce elements of uncertainty in leadership continuity and financial strategy execution.

NasdaqCM:CIVB Dividend History as at Jul 2024

Sierra Bancorp

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

Overview: Sierra Bancorp, operating as the bank holding company for Bank of the Sierra, offers retail and commercial banking services in California with a market capitalization of approximately $383.42 million.