3 US Dividend Stocks Yielding Up To 5.4%

The U.S. stock market has recently reached record highs, with the S&P 500 and Dow Jones Industrial Average both surging following a significant rate cut by the Federal Reserve. This favorable economic environment presents an opportune moment to explore dividend stocks, which can offer stable income even amidst market volatility. In such a dynamic market, selecting dividend stocks that yield up to 5.4% could provide investors with both growth potential and reliable income streams.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.57%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	5.48%	★★★★★★
BCB Bancorp (NasdaqGM:BCBP)	4.96%	★★★★★★
Dillard's (NYSE:DDS)	5.71%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.94%	★★★★★★
Silvercrest Asset Management Group (NasdaqGM:SAMG)	4.67%	★★★★★★
OTC Markets Group (OTCPK:OTCM)	4.71%	★★★★★★
Regions Financial (NYSE:RF)	4.28%	★★★★★★
Chevron (NYSE:CVX)	4.50%	★★★★★★
Credicorp (NYSE:BAP)	5.18%	★★★★★☆

Click here to see the full list of 163 stocks from our Top US Dividend Stocks screener.

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

Union Bankshares (NasdaqGM:UNB)

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

Overview: Union Bankshares, Inc. operates as the bank holding company for Union Bank, offering retail, commercial, and municipal banking services in northern Vermont and New Hampshire with a market cap of $115.63 million.

Operations: Union Bankshares generates $47.53 million in revenue from its Community Bank segment.

Dividend Yield: 5.2%

Union Bankshares offers a reliable dividend yield of 5.2%, placing it in the top 25% of US dividend payers. Its dividends have been stable and growing over the past decade, supported by a reasonable payout ratio of 64.9%. However, recent financial results show a decline in net income and earnings per share compared to last year, which could impact future payouts. The company declared a quarterly cash dividend of $0.36 per share payable on August 1, 2024.

• Click here and access our complete dividend analysis report to understand the dynamics of Union Bankshares.
• In light of our recent valuation report, it seems possible that Union Bankshares is trading behind its estimated value.

Columbia Banking System (NasdaqGS:COLB)

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

Overview: Columbia Banking System, Inc., with a market cap of $5.29 billion, operates as the holding company of Umpqua Bank, offering banking, private banking, mortgage, and other financial services in the United States.

Operations: Columbia Banking System, Inc. generates $1.85 billion in revenue from its banking segment.

Dividend Yield: 5.5%

Columbia Banking System pays a reliable dividend yield of 5.48%, placing it in the top 25% of US dividend payers. The company's dividends have been stable and growing for the past decade, with a current payout ratio of 63.3%, indicating sustainability. Recent financial results show mixed performance, with net income for Q2 at US$120.14 million compared to US$133.38 million last year, but earnings per share increased over six months to US$1.17 from US$0.65 previously.

• Get an in-depth perspective on Columbia Banking System's performance by reading our dividend report here.
• The analysis detailed in our Columbia Banking System valuation report hints at an deflated share price compared to its estimated value.

Penns Woods Bancorp (NasdaqGS:PWOD)

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

Overview: Penns Woods Bancorp, Inc., with a market cap of $169.30 million, operates as the bank holding company for Jersey Shore State Bank, offering commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations.

Operations: Penns Woods Bancorp, Inc. generates $64.82 million in revenue from its Community Banking segment.

Dividend Yield: 5.4%

Penns Woods Bancorp offers a high dividend yield of 5.37%, ranking in the top 25% of US dividend payers. The dividends have been stable and growing over the past decade, supported by a reasonable payout ratio of 55.4%. Recent financial results show net income for Q2 at US$5.39 million, up from US$4.17 million last year, with earnings per share rising to US$0.72 from US$0.59 previously, indicating robust performance despite recent index exclusions.

• Dive into the specifics of Penns Woods Bancorp here with our thorough dividend report.
• Our expertly prepared valuation report Penns Woods Bancorp implies its share price may be lower than expected.

Where To Now?

• Unlock our comprehensive list of 163 Top US Dividend Stocks by clicking here.
• Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

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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