Columbia Banking System And 2 Other US Dividend Stocks To Boost Your Income

As the U.S. stock market experiences a rally, with the S&P 500 and Nasdaq Composite seeing gains, investors are increasingly looking for ways to enhance their income through reliable investments. Dividend stocks, known for providing regular income streams regardless of market fluctuations, can be a strategic addition to portfolios in such dynamic times.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.44%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.30%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.51%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.50%	★★★★★★
Dillard's (NYSE:DDS)	4.51%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.25%	★★★★★★
Ennis (NYSE:EBF)	4.73%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.45%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.30%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.35%	★★★★★★

Click here to see the full list of 133 stocks from our Top US Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Columbia Banking System (NasdaqGS:COLB)

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

Overview: Columbia Banking System, Inc. is the holding company for Umpqua Bank, offering banking, private banking, mortgage, and other financial services in the United States with a market cap of $6.63 billion.

Operations: Columbia Banking System, Inc. generates its revenue primarily from its banking segment, which amounts to $1.83 billion.

Dividend Yield: 4.5%

Columbia Banking System's dividend yield of 4.5% ranks in the top 25% of U.S. payers, supported by a stable payout history over the past decade and a reasonable current payout ratio of 62%. Recent earnings growth, with net income rising to US$146.18 million for Q3 from US$135.85 million last year, suggests continued dividend coverage and potential sustainability, despite recent net charge-offs increasing to US$29.12 million from US$23.13 million year-over-year.

• Delve into the full analysis dividend report here for a deeper understanding of Columbia Banking System.
• The analysis detailed in our Columbia Banking System valuation report hints at an deflated share price compared to its estimated value.

Citizens Financial Group (NYSE:CFG)

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

Overview: Citizens Financial Group, Inc. is a bank holding company offering retail and commercial banking services to individuals and businesses in the United States, with a market cap of approximately $21.00 billion.

Operations: Citizens Financial Group, Inc. generates its revenue primarily through Consumer Banking, which accounts for $5.21 billion, and Commercial Banking, contributing $2.58 billion.

Dividend Yield: 3.5%

Citizens Financial Group's dividend yield of 3.47% is stable but below the top quartile of U.S. payers, with consistent growth over the past decade and a current payout ratio of 66%. Despite declining profit margins from last year, dividends remain covered by earnings and are forecast to be well-covered in three years. Recent leadership changes aim to enhance growth, while a recent quarterly dividend declaration underscores commitment to shareholder returns amidst ongoing strategic expansion efforts.

• Take a closer look at Citizens Financial Group's potential here in our dividend report.
• Our expertly prepared valuation report Citizens Financial Group implies its share price may be lower than expected.

Movado Group (NYSE:MOV)

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

Overview: Movado Group, Inc. designs, sources, markets, and distributes watches both in the United States and internationally with a market cap of approximately $436.03 million.

Operations: Movado Group's revenue is primarily derived from its Watch and Accessory Brands segment, which generated $562.31 million, and its Company Stores segment, contributing $100.98 million.

Dividend Yield: 7.0%

Movado Group offers a high dividend yield of 6.97%, ranking in the top 25% of U.S. payers, yet its sustainability is questionable due to a cash payout ratio of 130%. While dividends have grown over the past decade, they remain volatile and not well covered by free cash flows. Recent financial performance shows declining net income and sales, leading to revised earnings guidance for fiscal year 2025, alongside its removal from multiple S&P indices.

• Click to explore a detailed breakdown of our findings in Movado Group's dividend report.
• According our valuation report, there's an indication that Movado Group's share price might be on the cheaper side.

Where To Now?

• Navigate through the entire inventory of 133 Top US Dividend Stocks here.
• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Curious About Other Options?

• 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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