US Dividend Stocks To Consider In December 2024

As the Nasdaq Composite reaches a new record high and the Dow Jones Industrial Average experiences its eighth consecutive day of decline, investors are closely watching for the Federal Reserve's upcoming decision on interest rates. In this fluctuating market environment, dividend stocks can offer stability and potential income, making them an attractive option for those seeking to navigate current economic conditions.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Polaris (NYSE:PII)	4.32%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.58%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.84%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.41%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.55%	★★★★★★
Dillard's (NYSE:DDS)	4.93%	★★★★★★
Chevron (NYSE:CVX)	4.37%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.67%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.47%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.42%	★★★★★★

Click here to see the full list of 140 stocks from our Top US Dividend Stocks screener.

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

BCB Bancorp (NasdaqGM:BCBP)

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

Overview: BCB Bancorp, Inc. is a bank holding company for BCB Community Bank, providing banking products and services to businesses and individuals in the United States, with a market cap of $211.91 million.

Operations: BCB Bancorp, Inc. generates its revenue primarily from its banking segment, totaling $89.64 million.

Dividend Yield: 5%

BCB Bancorp maintains a reliable dividend yield of 4.96%, placing it in the top 25% of U.S. dividend payers, with stable growth over the past decade. The company's payout ratio is currently at 54.6%, suggesting dividends are well covered by earnings, and forecasts indicate continued coverage with a future payout ratio of 40%. However, recent insider selling and reduced profit margins from last year may warrant caution for potential investors seeking stability.

• Click to explore a detailed breakdown of our findings in BCB Bancorp's dividend report.
• Our valuation report here indicates BCB Bancorp may be undervalued.

Archer-Daniels-Midland (NYSE:ADM)

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

Overview: Archer-Daniels-Midland Company operates in the procurement, transportation, storage, processing, and merchandising of agricultural commodities and related products globally with a market cap of approximately $25.08 billion.

Operations: Archer-Daniels-Midland Company's revenue is primarily derived from its AG Services and Oilseeds segment at $70.39 billion, followed by Carbohydrate Solutions at $12.72 billion, and Nutrition at $7.43 billion.

Dividend Yield: 3.9%

Archer-Daniels-Midland's dividend payments have been reliable and stable over the past decade, with a payout ratio of 54.7% indicating coverage by earnings. The cash payout ratio is also low at 27.1%, ensuring dividends are well supported by cash flows. Despite trading at good value with a P/E ratio of 13.8x, recent financial results show declining net income and profit margins, which could impact future dividend attractiveness amidst high debt levels and strategic buyback plans.

• Navigate through the intricacies of Archer-Daniels-Midland with our comprehensive dividend report here.
• Our valuation report unveils the possibility Archer-Daniels-Midland's shares may be trading at a discount.

United Parcel Service (NYSE:UPS)

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

Overview: United Parcel Service, Inc. is a package delivery company offering transportation and delivery services, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services with a market cap of approximately $109.88 billion.

Operations: United Parcel Service, Inc. generates revenue through its three main segments: International Package ($17.64 billion), U.S. Domestic Package ($59.72 billion), and Supply Chain Solutions ($13.33 billion).

Dividend Yield: 5.1%

United Parcel Service's dividend yield of 5.07% ranks in the top 25% among U.S. dividend payers, yet the dividends are not well covered by earnings or cash flows, with payout ratios at 98.4% and a cash payout ratio of 127.7%. Recent affirmations include a $1.63 per share quarterly dividend and planned payments totaling $5.4 billion for 2024, despite legal challenges and fluctuating profit margins impacting financial stability amidst high debt levels.

• Click here and access our complete dividend analysis report to understand the dynamics of United Parcel Service.
• Our comprehensive valuation report raises the possibility that United Parcel Service is priced lower than what may be justified by its financials.

Summing It All Up

• Unlock more gems! Our Top US Dividend Stocks screener has unearthed 137 more companies for you to explore.Click here to unveil our expertly curated list of 140 Top US Dividend Stocks.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
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Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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