Top US Dividend Stocks To Enhance Your Portfolio

As the U.S. stock market navigates a mixed trading environment, with the S&P 500 reaching new highs and the Nasdaq approaching record levels, investors are keenly observing economic indicators that might influence future market movements. In such a dynamic landscape, dividend stocks can offer stability and income potential, making them an appealing choice for those looking to enhance their portfolios amidst fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.19%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.28%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.64%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.50%	★★★★★★
Dillard's (NYSE:DDS)	4.74%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.42%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.38%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.47%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.47%	★★★★★★

Click here to see the full list of 135 stocks from our Top US Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

Citizens & Northern (NasdaqCM:CZNC)

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

Overview: Citizens & Northern Corporation, with a market cap of $315.68 million, operates as the bank holding company for Citizens & Northern Bank, offering a range of banking and related services to individual and corporate customers.

Operations: Citizens & Northern Corporation generates revenue from its Community Banking segment, amounting to $101.90 million.

Dividend Yield: 5.5%

Citizens & Northern Corporation maintains a high dividend yield of 5.47%, placing it in the top 25% of US dividend payers. The company's dividends have been stable and growing over the past decade, with a current payout ratio of 78%, indicating coverage by earnings. However, recent financials show a decline in net income and increased net charge-offs to $1.24 million from $38,000 last year, which may impact future dividend sustainability despite the forecasted earnings growth.

• Dive into the specifics of Citizens & Northern here with our thorough dividend report.
• In light of our recent valuation report, it seems possible that Citizens & Northern is trading beyond its estimated value.

Spok Holdings (NasdaqGS:SPOK)

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

Overview: Spok Holdings, Inc., through its subsidiary Spok, Inc., offers healthcare communication solutions across various regions including the United States, Europe, Canada, Australia, Asia, and the Middle East with a market cap of $332.67 million.

Operations: Spok Holdings generates revenue primarily from its Clinical Communication and Collaboration Business, which accounts for $137.71 million.

Dividend Yield: 7.8%

Spok Holdings offers a high dividend yield of 7.84%, ranking it among the top 25% of US dividend payers, with stable and growing dividends over the past decade. However, its payout ratio is unsustainable at 171.7%, not covered by earnings or cash flows, compounded by declining profit margins and insider selling. Recent earnings showed a slight decline in revenue to US$34.87 million for Q3 2024, yet the company affirmed its regular quarterly dividend of $0.3125 per share.

• Delve into the full analysis dividend report here for a deeper understanding of Spok Holdings.
• According our valuation report, there's an indication that Spok Holdings' share price might be on the cheaper side.

Bank of N.T. Butterfield & Son (NYSE:NTB)

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

Overview: The Bank of N.T. Butterfield & Son Limited offers community, commercial, and private banking services to individuals and small to medium-sized businesses, with a market cap of $1.68 billion.

Operations: The Bank of N.T. Butterfield & Son Limited generates revenue primarily from its banking segment, which amounts to $573.10 million.

Dividend Yield: 4.6%

The Bank of N.T. Butterfield & Son provides a competitive dividend yield, ranking in the top 25% of US payers, supported by a low payout ratio of 38.5%, indicating dividends are well covered by earnings. Despite stable payments, the dividend history is under ten years. Recent earnings showed growth with Q3 net income at US$52.72 million, though nine-month figures declined year-over-year. The company is pursuing strategic acquisitions to enhance growth amid declining interest rates and has completed significant share buybacks worth US$90 million since December 2023.

• Unlock comprehensive insights into our analysis of Bank of N.T. Butterfield & Son stock in this dividend report.
• In light of our recent valuation report, it seems possible that Bank of N.T. Butterfield & Son is trading behind its estimated value.

Summing It All Up

• Unlock more gems! Our Top US Dividend Stocks screener has unearthed 132 more companies for you to explore.Click here to unveil our expertly curated list of 135 Top US Dividend Stocks.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
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Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
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• 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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