Top Dividend Stocks For August 2026

In the last week, the United States market has stayed flat despite a notable 19% rise over the past 12 months, with earnings expected to grow by 17% per annum in the coming years. In such an environment, dividend stocks can offer investors a reliable income stream and potential stability amidst fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 87 stocks from our Top US Dividend Stocks screener.

We'll examine a selection from our screener results.

Community Trust Bancorp (CTBI)

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

Overview: Community Trust Bancorp, Inc. is the bank holding company for Community Trust Bank, Inc., with a market capitalization of approximately $1.41 billion.

Operations: Community Trust Bancorp, Inc. generates its revenue primarily from Community Banking Services, which contributes $292.15 million, alongside the Holding Company segment with $112.07 million.

Dividend Yield: 3.3%

Community Trust Bancorp recently announced a 22.6% increase in its quarterly dividend to US$0.65 per share, with an additional one-time cash dividend of US$0.06 per share. The company has a history of stable and reliable dividends over the past decade, though its yield of 3.33% is below the top tier in the U.S. market. With a payout ratio of 35.4%, dividends are well covered by earnings, supported by growing net income and interest income figures from recent earnings reports.

• Click to explore a detailed breakdown of our findings in Community Trust Bancorp's dividend report.
• Our expertly prepared valuation report Community Trust Bancorp implies its share price may be lower than expected.

Spok Holdings (SPOK)

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

Overview: Spok Holdings, Inc., through its subsidiary Spok, Inc., provides healthcare communication solutions across various regions including the United States, Europe, Canada, Australia, Asia, and the Middle East with a market cap of $237 million.

Operations: Spok Holdings generates revenue primarily from its Clinical Communication and Collaboration Business, amounting to $135.97 million.

Dividend Yield: 10.9%

Spok Holdings offers a high dividend yield of 10.93%, placing it among the top 25% of U.S. dividend payers, though its sustainability is questionable due to a high payout ratio (211.6%) and cash payout ratio (102.9%). Dividends have been stable and growing over the past decade, but recent earnings show declining net income and revenue, with revised lower corporate guidance for 2026 revenues between US$132.5 million to US$139.5 million, indicating potential challenges ahead.

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

Progressive (PGR)

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

Overview: The Progressive Corporation operates as an insurance company in the United States with a market cap of approximately $124.38 billion.

Operations: Progressive's revenue is primarily derived from its Personal Lines including Property segment at $74.90 billion and Commercial Lines at $10.79 billion.

Dividend Yield: 6.5%

Progressive's dividend yield of 6.55% ranks it in the top 25% of U.S. dividend payers, supported by a low payout ratio of 2% and a cash payout ratio of 50.7%, indicating strong coverage by earnings and cash flows. However, its dividends have been volatile over the past decade, with an unstable track record. Recent revenue growth to US$45.80 billion reflects robust performance despite being dropped from several Russell Growth indices in June 2026.

• Get an in-depth perspective on Progressive's performance by reading our dividend report here.
• Our valuation report unveils the possibility Progressive's shares may be trading at a discount.

Make It Happen

• Take a closer look at our Top US Dividend Stocks list of 87 companies by clicking here.
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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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