Stock Analysis

3 US Dividend Stocks Yielding Up To 9.8%

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As U.S. stock markets experience volatility, with rising Treasury yields and economic data influencing investor sentiment, many are turning their attention to dividend stocks for stability and income potential. In the current climate of fluctuating interest rates, a good dividend stock offers consistent payouts and strong fundamentals, providing investors with a reliable income stream amidst market uncertainty.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
WesBanco (NasdaqGS:WSBC)4.67%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.29%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.09%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.77%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.55%★★★★★★
Southside Bancshares (NYSE:SBSI)4.68%★★★★★★
Dillard's (NYSE:DDS)5.76%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.93%★★★★★★
Premier Financial (NasdaqGS:PFC)4.97%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.15%★★★★★★

Click here to see the full list of 156 stocks from our Top US Dividend Stocks screener.

We'll examine a selection from our screener results.

Peoples Bancorp (NasdaqGS:PEBO)

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

Overview: Peoples Bancorp Inc. is the holding company for Peoples Bank, offering commercial and consumer banking products and services, with a market cap of $1.09 billion.

Operations: Peoples Bancorp Inc. generates revenue through its Community Banking segment, which accounts for $428.74 million.

Dividend Yield: 5.1%

Peoples Bancorp offers an attractive dividend yield of 5.09%, ranking in the top 25% of U.S. dividend payers, with dividends consistently growing over the past decade and maintaining stability. The company's payout ratio is a manageable 44.9%, indicating sustainable dividends covered by earnings now and projected at 49.8% in three years. Despite recent net charge-offs increasing to $6.08 million, earnings grew by 16.5% last year, supporting its reliable dividend profile amidst stable financial performance.

NasdaqGS:PEBO Dividend History as at Jan 2025

Preferred Bank (NasdaqGS:PFBC)

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

Overview: Preferred Bank offers a range of commercial banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, investors, professionals, and high net worth individuals, with a market cap of approximately $1.14 billion.

Operations: Preferred Bank generates its revenue primarily from its commercial banking segment, which accounts for $260.39 million.

Dividend Yield: 3.5%

Preferred Bank's dividend has grown steadily over the past decade, with a recent increase to US$0.75 per share. The payout ratio remains low at 27.6%, suggesting dividends are well covered by earnings, though future earnings are forecasted to decline slightly. Trading significantly below fair value and offering a reliable yield of 3.49%, the stock presents good relative value despite insider selling and lower net income in recent reports compared to last year.

NasdaqGS:PFBC Dividend History as at Jan 2025

DHT Holdings (NYSE:DHT)

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

Overview: DHT Holdings, Inc. owns and operates crude oil tankers through its subsidiaries in Monaco, Singapore, and Norway, with a market cap of approximately $1.51 billion.

Operations: DHT Holdings generates its revenue of $583.76 million from its fleet of crude oil tankers.

Dividend Yield: 9.9%

DHT Holdings declared a Q3 2024 dividend of US$0.22 per share, but its high payout ratio of 99.7% indicates dividends are not well covered by earnings, though cash flows support the current payout ratio of 84.6%. Despite a top-tier yield of 9.89%, dividend stability is questionable due to past volatility and unreliable growth over the decade. Recent earnings showed modest improvement with net income rising to US$35.21 million from US$30.76 million year-on-year, yet dividend sustainability remains a concern.

NYSE:DHT Dividend History as at Jan 2025

Where To Now?

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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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