Stock Analysis

3 US Dividend Stocks Yielding Over 4.6%

NYSE:SXC
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As October comes to a close, the U.S. stock market has experienced a notable downturn, with major indices like the S&P 500, Nasdaq, and Dow Jones Industrial Average posting monthly losses amid disappointing earnings reports from big tech companies. In this volatile environment, investors may find solace in dividend stocks that offer steady income streams; these stocks can provide stability and potential returns even when market conditions are challenging.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
WesBanco (NasdaqGS:WSBC)4.58%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.20%★★★★★★
Isabella Bank (OTCPK:ISBA)5.17%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.05%★★★★★★
Dillard's (NYSE:DDS)5.65%★★★★★★
Financial Institutions (NasdaqGS:FISI)5.00%★★★★★★
Southside Bancshares (NasdaqGS:SBSI)4.51%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)6.10%★★★★★★
Premier Financial (NasdaqGS:PFC)5.03%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.92%★★★★★★

Click here to see the full list of 170 stocks from our Top US Dividend Stocks screener.

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

Norwood Financial (NasdaqGM:NWFL)

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 $235.96 million.

Operations: Norwood Financial Corp. generates revenue primarily through its Banking and Related Financial Services segment, which accounts for $62.31 million.

Dividend Yield: 4.1%

Norwood Financial's recent earnings report showed a decrease in net income to US$3.84 million for Q3 2024, down from US$4.12 million the previous year, with stable dividend payments at US$0.30 per share, marking a 3.5% increase over the prior year’s corresponding quarter. The company maintains a low payout ratio of 18.8%, ensuring dividends are well covered by earnings despite lower profit margins compared to last year. Dividends have been reliably growing with minimal volatility over the past decade but remain below top-tier yields in the U.S market.

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

First Financial Bancorp (NasdaqGS:FFBC)

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

Overview: First Financial Bancorp is a bank holding company for First Financial Bank, offering commercial banking services to individuals and businesses across Ohio, Indiana, Kentucky, and Illinois with a market cap of approximately $2.44 billion.

Operations: First Financial Bancorp's revenue from its Community Banking segment amounts to $763.21 million.

Dividend Yield: 3.8%

First Financial Bancorp. reported a decrease in net income to US$52.45 million for Q3 2024, down from US$63.06 million the previous year, with a quarterly dividend of US$0.24 per share approved by its board. Despite earnings fluctuations, dividends are well covered by earnings with a payout ratio around 39.7%, though they have been volatile over the past decade and yield lower than top-tier U.S. dividend payers at 3.75%.

NasdaqGS:FFBC Dividend History as at Nov 2024
NasdaqGS:FFBC Dividend History as at Nov 2024

SunCoke Energy (NYSE:SXC)

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

Overview: SunCoke Energy, Inc. operates as an independent producer of coke in the Americas and Brazil, with a market cap of approximately $867 million.

Operations: SunCoke Energy, Inc. generates revenue primarily through its operations as a coke producer in the Americas and Brazil.

Dividend Yield: 4.7%

SunCoke Energy's Q3 2024 earnings surged to US$30.7 million from US$7 million a year ago, supporting its dividend of US$0.12 per share payable in December. Despite high debt levels and historically volatile dividends, the low payout ratio of 9.9% ensures dividends are well covered by earnings and cash flows. While trading significantly below fair value estimates, earnings growth may face challenges ahead as forecasts suggest potential declines over the next few years.

NYSE:SXC Dividend History as at Nov 2024
NYSE:SXC Dividend History as at Nov 2024

Taking Advantage

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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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