3 US Dividend Stocks Yielding Up To 5%

As the Nasdaq Composite reaches new heights and investors eagerly await earnings from major tech companies, the U.S. stock market is showing signs of robust activity. Amidst this dynamic environment, dividend stocks remain a key area of interest for investors seeking steady income streams. In light of current market trends, selecting dividend stocks with solid fundamentals and attractive yields can provide a valuable opportunity for portfolio diversification and income generation.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.61%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.10%	★★★★★★
Dillard's (NYSE:DDS)	5.56%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	5.03%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.90%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.98%	★★★★★★
Farmers National Banc (NasdaqCM:FMNB)	4.91%	★★★★★★
Southside Bancshares (NasdaqGS:SBSI)	4.47%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.04%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.88%	★★★★★★

Click here to see the full list of 168 stocks from our Top US Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Union Bankshares (NasdaqGM:UNB)

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

Overview: Union Bankshares, Inc. is the bank holding company for Union Bank, offering retail, commercial, and municipal banking services in northern Vermont and New Hampshire with a market cap of $133.91 million.

Operations: Union Bankshares, Inc. generates its revenue primarily from its Community Bank segment, which accounted for $47.53 million.

Dividend Yield: 4.9%

Union Bankshares recently declared a quarterly cash dividend of $0.36 per share, reflecting its consistent dividend history over the past decade. Despite recent declines in net income and earnings per share, the company's dividends remain covered by earnings with a payout ratio of 64.9%. Trading at 46.3% below estimated fair value, Union Bankshares offers an attractive yield of 4.9%, placing it among the top 25% of US dividend payers, with stable and reliable payouts historically.

• Click here and access our complete dividend analysis report to understand the dynamics of Union Bankshares.
• Our valuation report here indicates Union Bankshares may be overvalued.

Midland States Bancorp (NasdaqGS:MSBI)

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

Overview: Midland States Bancorp, Inc. is a financial holding company for Midland States Bank, offering a range of banking products and services to individuals, businesses, municipalities, and other entities with a market cap of $527.79 million.

Operations: Midland States Bancorp, Inc. generates revenue through its diverse banking products and services tailored for individuals, businesses, municipalities, and various other entities.

Dividend Yield: 5%

Midland States Bancorp declared a quarterly dividend of US$0.31 per share, maintaining stable payments despite only an eight-year history. Recent earnings showed net income growth to US$18.48 million for Q3 2024, although net interest income declined. The dividend is covered by a payout ratio of 53.7%, suggesting sustainability, with forecasts indicating continued coverage at 41.9%. Trading below estimated fair value and offering a yield of 5.03%, it ranks in the top 25% among US dividend payers.

• Unlock comprehensive insights into our analysis of Midland States Bancorp stock in this dividend report.
• Our valuation report unveils the possibility Midland States Bancorp's shares may be trading at a discount.

Sandy Spring Bancorp (NasdaqGS:SASR)

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

Overview: Sandy Spring Bancorp, Inc. is a bank holding company for Sandy Spring Bank, offering commercial and retail banking, mortgage, private banking, and trust services in the United States with a market cap of $1.52 billion.

Operations: Sandy Spring Bancorp, Inc. generates revenue through its diverse financial services, including commercial and retail banking, mortgage lending, private banking, and trust services.

Dividend Yield: 4%

Sandy Spring Bancorp pays a reliable dividend of US$0.34 per share, maintaining stability over the past decade. The payout ratio stands at 71.7%, indicating current coverage by earnings, with forecasts suggesting improved coverage at 48.3% in three years. Despite trading significantly below estimated fair value and offering a yield of 4.01%, it lags behind the top US dividend payers. Recent earnings showed a decline in net income to US$16.21 million for Q3 2024 amid an acquisition by Atlantic Union Bankshares valued at $1.6 billion.

• Dive into the specifics of Sandy Spring Bancorp here with our thorough dividend report.
• Our expertly prepared valuation report Sandy Spring Bancorp implies its share price may be lower than expected.

Make It Happen

• Access the full spectrum of 168 Top US Dividend Stocks by clicking on this link.
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Ready For A Different Approach?

• 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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