Stock Analysis

3 US Dividend Stocks Offering Up To 3.6% Yield

NYSE:EMN
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Amidst a fluctuating market landscape, where recent gains in major indices like the S&P 500 and Nasdaq are tempered by a stumble in the anticipated Santa Claus rally, investors are increasingly turning their attention to dividend stocks for stability and income. In this environment, identifying stocks with solid fundamentals and reliable dividend yields can offer a measure of predictability and potential income, making them an attractive option for those looking to navigate uncertain times.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.93%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.22%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.66%★★★★★★
OceanFirst Financial (NasdaqGS:OCFC)4.45%★★★★★★
Dillard's (NYSE:DDS)5.71%★★★★★★
Southside Bancshares (NYSE:SBSI)4.52%★★★★★★
Chevron (NYSE:CVX)4.53%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.74%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.02%★★★★★★
Premier Financial (NasdaqGS:PFC)4.72%★★★★★★

Click here to see the full list of 153 stocks from our Top US Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Fifth Third Bancorp (NasdaqGS:FITB)

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

Overview: Fifth Third Bancorp is a bank holding company for Fifth Third Bank, National Association, offering a variety of financial products and services in the United States, with a market cap of $28.86 billion.

Operations: Fifth Third Bancorp generates revenue through its key segments, including Commercial Banking at $3.89 billion, Wealth and Asset Management at $807 million, and Consumer and Small Business Banking at $5.19 billion.

Dividend Yield: 3.4%

Fifth Third Bancorp offers a reliable dividend, recently affirming a US$0.37 per share payout for Q4 2024. Its dividends have been stable and growing over the past decade, with a current payout ratio of 47%, indicating sustainability. Despite trading below its estimated fair value, insider selling has occurred recently. Earnings are forecasted to grow annually by 8.32%, supporting future dividend coverage with a projected payout ratio of 40% in three years.

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

Eastman Chemical (NYSE:EMN)

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

Overview: Eastman Chemical Company is a specialty materials company operating in the United States, China, and internationally, with a market cap of approximately $10.61 billion.

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

Dividend Yield: 3.6%

Eastman Chemical recently increased its quarterly dividend to US$0.83 per share, maintaining a reliable and stable dividend history over the past decade. The company's dividends are well covered by earnings with a payout ratio of 43% and cash flows at 64.6%. While trading below estimated fair value, it faces high debt levels. Recent buybacks support shareholder value, but its dividend yield of 3.63% is lower than top-tier payers in the US market.

NYSE:EMN Dividend History as at Dec 2024
NYSE:EMN Dividend History as at Dec 2024

First Commonwealth Financial (NYSE:FCF)

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

Overview: First Commonwealth Financial Corporation is a financial holding company offering consumer and commercial banking services in the United States, with a market cap of $1.74 billion.

Operations: First Commonwealth Financial Corporation generates revenue primarily through its banking segment, which accounted for $456.47 million.

Dividend Yield: 3%

First Commonwealth Financial provides a stable dividend history with a 3.04% yield, lower than top-tier US payers. Dividends have grown steadily over the past decade and are well-covered by earnings, with a low payout ratio of 34.7%. The company is trading below its estimated fair value, offering potential relative value. Recent executive changes aim to enhance risk management, while recent buybacks and dividend increases reflect shareholder-friendly actions despite recent net charge-offs impacting earnings.

NYSE:FCF Dividend History as at Dec 2024
NYSE:FCF Dividend History as at Dec 2024

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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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