Timberland Bancorp And 2 Top US Dividend Stocks For Your Portfolio

As the U.S. stock markets reach record highs, buoyed by strong bank earnings and a favorable inflation outlook, investors are increasingly optimistic about the economy's resilience and corporate profitability. Amid this positive backdrop, dividend stocks like Timberland Bancorp offer potential stability and income, making them attractive options for those looking to balance growth with steady returns in their portfolios.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.78%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.27%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	5.35%	★★★★★★
Dillard's (NYSE:DDS)	5.76%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.22%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.70%	★★★★★★
OTC Markets Group (OTCPK:OTCM)	4.58%	★★★★★★
Southside Bancshares (NasdaqGS:SBSI)	4.35%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	6.11%	★★★★★★
Virtus Investment Partners (NYSE:VRTS)	4.33%	★★★★★★

Click here to see the full list of 172 stocks from our Top US Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Timberland Bancorp (NasdaqGM:TSBK)

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

Overview: Timberland Bancorp, Inc. is the bank holding company for Timberland Bank, offering a range of community banking services in Washington, with a market cap of $239.14 million.

Operations: Timberland Bancorp generates its revenue primarily from community banking services, totaling $74.39 million.

Dividend Yield: 3.2%

Timberland Bancorp recently affirmed a quarterly dividend of US$0.24 per share, reflecting its stable and growing dividend history over the past decade. The company's dividend yield stands at 3.2%, below the top quartile in the US market, yet remains reliable with minimal volatility. Despite a slight decline in earnings, dividends are well-covered by a low payout ratio of 30.9%. Timberland's recent buyback activity further underscores its commitment to shareholder returns.

• Take a closer look at Timberland Bancorp's potential here in our dividend report.
• Our valuation report unveils the possibility Timberland Bancorp's shares may be trading at a discount.

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 products and services in northern Vermont and New Hampshire, with a market cap of $120.79 million.

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

Dividend Yield: 5.4%

Union Bankshares declared a quarterly dividend of US$0.36 per share, maintaining a stable and growing dividend history over the past decade. Its 5.39% yield ranks in the top 25% of US dividend payers, supported by a reasonable payout ratio of 64.9%. Despite recent declines in net income and earnings per share, dividends remain well-covered by earnings. The company's stock trades significantly below its estimated fair value, suggesting potential for capital appreciation alongside reliable income returns.

• Click here and access our complete dividend analysis report to understand the dynamics of Union Bankshares.
• According our valuation report, there's an indication that Union Bankshares' share price might be on the cheaper side.

Dime Community Bancshares (NasdaqGS:DCOM)

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

Overview: Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which provides a range of commercial banking and financial services, with a market cap of approximately $1.16 billion.

Operations: Dime Community Bancshares generates its revenue primarily from its Community Banking segment, which accounts for $320.39 million.

Dividend Yield: 3.4%

Dime Community Bancshares declared a quarterly dividend of US$0.25 per share, maintaining a reliable dividend history over the past decade with stable payouts. Despite recent declines in net income, dividends are covered by earnings with a 64.6% payout ratio and are forecast to remain sustainable. The stock trades below its estimated fair value, offering potential for capital appreciation. However, its 3.38% yield is lower than the top tier of US dividend payers.

• Unlock comprehensive insights into our analysis of Dime Community Bancshares stock in this dividend report.
• Our valuation report here indicates Dime Community Bancshares may be undervalued.

Seize The Opportunity

• Take a closer look at our Top US Dividend Stocks list of 172 companies by clicking here.
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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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