Stock Analysis

Top Dividend Stocks In US For Reliable Income

NasdaqGM:NWFL
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As the U.S. stock market experiences a slight dip following record highs, investors are taking a moment to reassess their positions amidst ongoing economic developments and anticipated Federal Reserve actions. In such an environment, dividend stocks can provide a reliable income stream, offering stability and potential returns even when broader market conditions fluctuate.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
WesBanco (NasdaqGS:WSBC)4.20%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.56%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.38%★★★★★★
Columbia Banking System (NasdaqGS:COLB)4.66%★★★★★★
Isabella Bank (OTCPK:ISBA)4.52%★★★★★★
Dillard's (NYSE:DDS)4.64%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.43%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.39%★★★★★★
Premier Financial (NasdaqGS:PFC)4.48%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.40%★★★★★★

Click here to see the full list of 132 stocks from our Top US Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Norwood Financial (NasdaqGM:NWFL)

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

Overview: Norwood Financial Corp. is the bank holding company for Wayne Bank, offering a range of banking products and services, with a market cap of $248.76 million.

Operations: Norwood Financial Corp.'s revenue primarily comes from its Banking and Related Financial Services segment, which generated $62.31 million.

Dividend Yield: 3.9%

Norwood Financial has demonstrated reliable dividend growth over the past decade, with stable payments and a current yield of 3.93%. While its payout ratio of 75.2% indicates dividends are covered by earnings, the company's profit margin has decreased from last year. Recent earnings showed a decline in net income to US$3.84 million for Q3 2024, though net interest income increased slightly. The company completed share buybacks totaling US$8.07 million since March 2021 and May 2008 announcements.

NasdaqGM:NWFL Dividend History as at Dec 2024
NasdaqGM:NWFL Dividend History as at Dec 2024

Premier Financial (NasdaqGS:PFC)

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

Overview: Premier Financial Corp., with a market cap of $993.16 million, operates through its subsidiaries to offer a range of banking services.

Operations: Premier Financial Corp. generates revenue of $245.86 million from its financial service operations through its subsidiaries.

Dividend Yield: 4.5%

Premier Financial offers a stable dividend yield of 4.48%, placing it in the top quartile among US dividend payers. The company's dividends have been reliable over the past decade, with a current payout ratio of 62.9%, indicating sustainability from earnings. Despite recent declines in net income to US$16.67 million for Q3 2024, Premier continues its quarterly dividend payments of $0.31 per share and has completed significant share buybacks totaling $66.52 million since May 2019 announcements.

NasdaqGS:PFC Dividend History as at Dec 2024
NasdaqGS:PFC Dividend History as at Dec 2024

WesBanco (NasdaqGS:WSBC)

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

Overview: WesBanco, Inc. is a bank holding company for WesBanco Bank, Inc., with a market cap of approximately $2.36 billion.

Operations: WesBanco, Inc. generates revenue through its Community Banking segment, contributing $537.05 million, and Trust and Investment Services segment, adding $29.92 million.

Dividend Yield: 4.2%

WesBanco's dividend yield of 4.2% ranks it among the top 25% of US dividend payers, with a stable and growing payout over the past decade. The recent increase to $0.37 per share underscores its commitment to shareholder returns. Despite a slight dip in Q3 earnings, dividends remain well-covered by earnings with a 69% payout ratio. Strategic leadership changes aim to enhance operational excellence and growth, aligning with long-term sustainability goals for continued dividend reliability.

NasdaqGS:WSBC Dividend History as at Dec 2024
NasdaqGS:WSBC Dividend History as at Dec 2024

Key Takeaways

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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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