As the U.S. markets retreat from recent record highs, driven by a downturn in tech stocks and ongoing inflation concerns, investors are increasingly turning their attention to dividend stocks as a potential source of steady income. In this environment, selecting strong dividend-paying companies can be an attractive strategy for those seeking stability amid market volatility.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| OTC Markets Group (OTCM) | 4.41% | ★★★★★★ |
| Huntington Bancshares (HBAN) | 3.48% | ★★★★★☆ |
| First Interstate BancSystem (FIBK) | 5.75% | ★★★★★★ |
| Ennis (EBF) | 5.47% | ★★★★★★ |
| Douglas Dynamics (PLOW) | 3.50% | ★★★★★☆ |
| Dillard's (DDS) | 4.88% | ★★★★★★ |
| DHT Holdings (DHT) | 8.11% | ★★★★★☆ |
| Columbia Banking System (COLB) | 5.38% | ★★★★★★ |
| Banco Latinoamericano de Comercio Exterior S. A (BLX) | 5.42% | ★★★★★☆ |
| Archer-Daniels-Midland (ADM) | 3.26% | ★★★★★☆ |
Click here to see the full list of 125 stocks from our Top US Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
First Interstate BancSystem (FIBK)
Simply Wall St Dividend Rating: ★★★★★★
Overview: First Interstate BancSystem, Inc. is a bank holding company for First Interstate Bank, offering various banking products and services across the United States with a market capitalization of approximately $3.43 billion.
Operations: First Interstate BancSystem, Inc. generates revenue primarily through its Community Banking segment, which accounted for $935.30 million.
Dividend Yield: 5.7%
First Interstate BancSystem offers a stable dividend, currently yielding 5.75%, which ranks it among the top 25% of U.S. dividend payers. The company's dividends have been reliable over the past decade with minimal volatility and are covered by earnings at an 84.5% payout ratio, expected to improve to 68.3% in three years. Recent initiatives include a US$150 million share buyback program and strategic board appointments, reflecting ongoing efforts to enhance shareholder value amidst solid financial performance.
- Get an in-depth perspective on First Interstate BancSystem's performance by reading our dividend report here.
- Our comprehensive valuation report raises the possibility that First Interstate BancSystem is priced lower than what may be justified by its financials.
Fifth Third Bancorp (FITB)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Fifth Third Bancorp is the bank holding company for Fifth Third Bank, National Association, offering a variety of financial products and services in the United States with a market cap of approximately $30.29 billion.
Operations: Fifth Third Bancorp generates revenue through its primary segments: Commercial Banking ($3.59 billion), Wealth and Asset Management ($621 million), and Consumer and Small Business Banking ($4.78 billion).
Dividend Yield: 3.2%
Fifth Third Bancorp's dividend yield of 3.23% is supported by a sustainable payout ratio of 45.7%, with dividends reliably increasing over the past decade. Despite trading below fair value, its dividends are forecasted to remain well-covered by earnings in three years at a 41.8% payout ratio. Recent strategic expansions into Alabama and leadership appointments underscore Fifth Third's focus on growth and innovation, enhancing its position as a significant player in the U.S. banking sector while maintaining shareholder value through stable dividend payments.
- Take a closer look at Fifth Third Bancorp's potential here in our dividend report.
- The analysis detailed in our Fifth Third Bancorp valuation report hints at an deflated share price compared to its estimated value.
Bar Harbor Bankshares (BHB)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bar Harbor Bankshares, with a market cap of $538.36 million, operates as the holding company for Bar Harbor Bank & Trust, offering a range of banking and nonbanking products and services to consumers and businesses.
Operations: Bar Harbor Bankshares generates revenue primarily through its Community Banking Industry segment, which accounts for $147.01 million.
Dividend Yield: 4%
Bar Harbor Bankshares offers a stable dividend yield of 3.97%, supported by a low payout ratio of 47.2%, ensuring dividends are well-covered by earnings. Over the past decade, its dividend payments have been reliable and steadily growing, though not top-tier compared to the highest US payers. Recent board expansions and merger activities highlight strategic growth initiatives despite recent declines in net income and earnings per share, underscoring its commitment to shareholder value through consistent dividends.
- Click here to discover the nuances of Bar Harbor Bankshares with our detailed analytical dividend report.
- The valuation report we've compiled suggests that Bar Harbor Bankshares' current price could be quite moderate.
Next Steps
- Click through to start exploring the rest of the 122 Top US Dividend Stocks now.
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Contemplating Other Strategies?
- 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.
Valuation is complex, but we're here to simplify it.
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