Top US Dividend Stocks For Reliable Income

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As the U.S. stock market continues its rally, with the S&P 500 and Dow Jones Industrial Average reaching record highs, investors are increasingly looking for stable sources of income amidst this bullish environment. In such a climate, dividend stocks can offer a reliable stream of income by providing regular payouts while potentially benefiting from capital appreciation in a rising market.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

WesBanco (NasdaqGS:WSBC)

4.92%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.41%

★★★★★★

Columbia Banking System (NasdaqGS:COLB)

5.54%

★★★★★★

Hope Bancorp (NasdaqGS:HOPE)

4.54%

★★★★★★

Dillard's (NYSE:DDS)

5.82%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.41%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.90%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.63%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

4.54%

★★★★★★

CVB Financial (NasdaqGS:CVBF)

4.42%

★★★★★★

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.

Norwood Financial

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

Overview: Norwood Financial Corp. is the bank holding company for Wayne Bank, offering a range of banking products and services, with a market cap of $221.97 million.

Operations: Norwood Financial Corp. generates its revenue primarily from banking and related financial services, amounting to $61.89 million.

Dividend Yield: 4.3%

Norwood Financial offers a stable dividend history with consistent growth over the past decade, maintaining a reasonable payout ratio of 73%. Recently, the company declared a US$0.30 per share cash dividend, marking a 3.5% increase from the previous year. However, net profit margins have declined from 36.2% to 21.2%, and earnings per share have decreased compared to last year, potentially impacting future dividend sustainability despite current reliability.

NasdaqGM:NWFL Dividend History as at Oct 2024
NasdaqGM:NWFL Dividend History as at Oct 2024

Huntington Bancshares

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

Overview: Huntington Bancshares Incorporated is a bank holding company for The Huntington National Bank, offering commercial, consumer, and mortgage banking services in the United States with a market cap of approximately $21.39 billion.

Operations: Huntington Bancshares' revenue is primarily derived from its Consumer & Regional Banking segment, generating $4.86 billion, and its Commercial Banking segment, contributing $2.58 billion.