Stock Analysis

3 Dividend Stocks On US Exchanges Yielding Up To 9.9%

NYSE:HVT
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As the U.S. stock market continues its upward trajectory, with the S&P 500 reaching record highs amid robust corporate earnings and optimism surrounding AI-driven growth, investors are increasingly turning their attention to dividend stocks as a means of generating steady income. In this thriving economic environment, selecting dividend stocks that offer high yields can be a strategic move to capitalize on market gains while ensuring consistent returns.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Interpublic Group of Companies (NYSE:IPG)4.67%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.12%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.90%★★★★★★
Farmers National Banc (NasdaqCM:FMNB)5.04%★★★★★★
Polaris (NYSE:PII)4.87%★★★★★★
Southside Bancshares (NYSE:SBSI)4.54%★★★★★★
Dillard's (NYSE:DDS)5.47%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.76%★★★★★★
Premier Financial (NasdaqGS:PFC)4.65%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.82%★★★★★★

Click here to see the full list of 143 stocks from our Top US Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Valley National Bancorp (NasdaqGS:VLY)

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

Overview: Valley National Bancorp is the holding company for Valley National Bank, offering a range of commercial, private banking, retail, insurance, and wealth management financial services with a market cap of approximately $5.47 billion.

Operations: Valley National Bancorp's revenue is derived from its diverse offerings in commercial banking, private banking, retail banking, insurance services, and wealth management.

Dividend Yield: 4.5%

Valley National Bancorp offers a dividend yield of 4.5%, placing it in the top 25% of US dividend payers, with dividends covered by a reasonable payout ratio of 70.4%. However, its dividend history has been unreliable and stagnant over the past decade. Recent earnings showed a decline in annual net income to $380.27 million from $498.51 million, amid increased loan charge-offs totaling $98.3 million in Q4 2024 compared to previous periods.

NasdaqGS:VLY Dividend History as at Jan 2025
NasdaqGS:VLY Dividend History as at Jan 2025

Eastman Chemical (NYSE:EMN)

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

Overview: Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally, with a market cap of approximately $10.68 billion.

Operations: Eastman Chemical Company's revenue is derived from its segments, including Fibers at $1.34 billion, Advanced Materials at $3.04 billion, Chemical Intermediates at $2.14 billion, and Additives & Functional Products at $2.81 billion.

Dividend Yield: 3.6%

Eastman Chemical's dividend payments have grown reliably over the past decade, supported by a low payout ratio of 43% and a cash payout ratio of 64.6%. Despite trading at 46.2% below its estimated fair value, its dividend yield of 3.56% is lower than top-tier US payers. Recent earnings showed modest growth, with Q3 net income at $180 million on sales of $2.46 billion, while dividends increased from $0.81 to $0.83 per share for January 2025 distribution.

NYSE:EMN Dividend History as at Jan 2025
NYSE:EMN Dividend History as at Jan 2025

Haverty Furniture Companies (NYSE:HVT)

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

Overview: Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories in the United States with a market cap of approximately $370.88 million.

Operations: Haverty Furniture Companies, Inc. generates its revenue primarily from its Home Furnishings Retailing segment, which accounts for $749.29 million.

Dividend Yield: 9.9%

Haverty Furniture Companies offers a high dividend yield of 9.94%, ranking in the top 25% of US payers, but its sustainability is concerning due to a cash payout ratio of 129.7%. Despite trading at good value, the company's dividends have been volatile over the past decade. Recent leadership changes include Steven G. Burdette succeeding Clarence H. Smith as CEO in January 2025, while earnings have declined significantly year-over-year with Q3 net income at US$4.93 million on sales of US$175.91 million.

NYSE:HVT Dividend History as at Jan 2025
NYSE:HVT Dividend History as at Jan 2025

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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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