US Dividend Stocks To Consider In December 2024

As U.S. markets react positively to inflation data, expectations for a Federal Reserve interest rate cut are bolstering investor sentiment, driving gains in major indices like the S&P 500 and Nasdaq Composite. In this environment of potential monetary easing, dividend stocks can offer investors a compelling combination of income and stability amid fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.60%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.88%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.34%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.45%	★★★★★★
Dillard's (NYSE:DDS)	4.51%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.54%	★★★★★★
Ennis (NYSE:EBF)	4.67%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.41%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.41%	★★★★★★

Click here to see the full list of 136 stocks from our Top US Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

OceanFirst Financial (NasdaqGS:OCFC)

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

Overview: OceanFirst Financial Corp. is the bank holding company for OceanFirst Bank N.A., with a market cap of approximately $1.16 billion.

Operations: OceanFirst Financial Corp. generates revenue primarily through its Community Banking Operations, which amounted to $380.97 million.

Dividend Yield: 4%

OceanFirst Financial offers a stable dividend history with payments increasing over the past decade, currently yielding 4.01%, slightly below the top 25% of US dividend payers. The company's dividends are well covered by earnings with a payout ratio of 45.9%, expected to remain sustainable at 42.1% in three years. Recent earnings show growth, with net income rising to US$25.12 million for Q3 2024, supporting continued dividend reliability and potential value trading below estimated fair value by 27.7%.

• Dive into the specifics of OceanFirst Financial here with our thorough dividend report.
• Our valuation report unveils the possibility OceanFirst Financial's shares may be trading at a discount.

S&T Bancorp (NasdaqGS:STBA)

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

Overview: S&T Bancorp, Inc. is the bank holding company for S&T Bank, offering retail and commercial banking products and services, with a market cap of approximately $1.64 billion.

Operations: S&T Bancorp's revenue from its Community Banking segment amounts to $386.29 million.

Dividend Yield: 3.1%

S&T Bancorp's dividends are well-covered by earnings, with a low payout ratio of 9.3%, and have shown stability and growth over the past decade. The recent increase to $0.34 per share highlights this trend, though its yield of 3.09% is below top-tier US dividend payers. Despite a slight decline in Q3 net income to $32.59 million, the company maintains reliable dividends and trades at an attractive valuation below estimated fair value by 40.1%.

• Click here to discover the nuances of S&T Bancorp with our detailed analytical dividend report.
• Our expertly prepared valuation report S&T Bancorp implies its share price may be lower than expected.

United Bankshares (NasdaqGS:UBSI)

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

Overview: United Bankshares, Inc. operates through its subsidiaries to offer commercial and retail banking products and services in the United States, with a market cap of approximately $5.58 billion.

Operations: United Bankshares, Inc. generates its revenue primarily from community banking, amounting to $977.69 million.

Dividend Yield: 3.6%

United Bankshares offers a stable dividend history, with payments growing over the past decade and a current yield of 3.58%, though below the top tier in the US market. The recent annual increase to $1.48 per share reflects its commitment to dividends, supported by a manageable payout ratio of 55.9%. Despite flat earnings growth in Q3 2024, UBSI trades at an attractive valuation, approximately 27.2% below estimated fair value.

• Take a closer look at United Bankshares' potential here in our dividend report.
• Insights from our recent valuation report point to the potential undervaluation of United Bankshares shares in the market.

Next Steps

• Access the full spectrum of 136 Top US Dividend Stocks by clicking on this link.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

Searching for a Fresh Perspective?

• 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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