Top US Dividend Stocks Offering Yields Up To 4.5%

As U.S. stocks closed a volatile August on a high note, major indexes like the Dow Jones Industrial Average and S&P 500 posted monthly gains, easing recession fears and raising expectations for potential interest rate cuts by the Federal Reserve. In this dynamic market environment, dividend stocks offering yields up to 4.5% can provide investors with steady income and a measure of stability amidst economic fluctuations.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Columbia Banking System (NasdaqGS:COLB)	5.72%	★★★★★★
BCB Bancorp (NasdaqGM:BCBP)	5.16%	★★★★★★
WesBanco (NasdaqGS:WSBC)	4.47%	★★★★★★
Dillard's (NYSE:DDS)	6.20%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.95%	★★★★★★
Silvercrest Asset Management Group (NasdaqGM:SAMG)	4.94%	★★★★★★
OceanFirst Financial (NasdaqGS:OCFC)	4.48%	★★★★★★
OTC Markets Group (OTCPK:OTCM)	4.69%	★★★★★★
Chevron (NYSE:CVX)	4.41%	★★★★★★
CVB Financial (NasdaqGS:CVBF)	4.34%	★★★★★☆

Click here to see the full list of 171 stocks from our Top US Dividend Stocks screener.

Let's dive into some prime choices out of the screener.

Norwood Financial (NasdaqGM:NWFL)

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

Overview: Norwood Financial Corp., with a market cap of $218.99 million, operates as the bank holding company for Wayne Bank, offering a range of banking products and services.

Operations: Norwood Financial Corp. generates revenue primarily through its Banking and Related Financial Services segment, which accounts for $61.89 million.

Dividend Yield: 4.4%

Norwood Financial has maintained stable and growing dividends over the past decade, with a recent $0.30 per share cash dividend reflecting a 3.5% increase year-over-year. Despite a decline in net income to US$4.21 million for Q2 2024 from US$6.5 million last year, the company’s payout ratio remains reasonable at 73%, supporting its high and reliable dividend yield of 4.41%. Recent buybacks and executive changes indicate strategic adjustments amidst these financial shifts.

• Take a closer look at Norwood Financial's potential here in our dividend report.
• According our valuation report, there's an indication that Norwood Financial's share price might be on the cheaper side.

CME Group (NasdaqGS:CME)

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

Overview: CME Group Inc., with a market cap of $77.69 billion, operates global contract markets for trading futures and options on futures contracts through its subsidiaries.

Operations: CME Group Inc. generates revenue from unclassified services amounting to $5.79 billion.

Dividend Yield: 4.6%

CME Group's dividend yield of 4.57% ranks in the top 25% of U.S. dividend payers, but its high cash payout ratio (101.6%) suggests sustainability concerns despite a lower earnings payout ratio (49.6%). Dividend payments have been volatile over the past decade, though they have increased overall. Recent news includes a declared Q3 dividend of $1.15 per share and product expansions in cryptocurrency and wheat futures markets, reflecting ongoing growth initiatives amidst financial adjustments.

• Click to explore a detailed breakdown of our findings in CME Group's dividend report.
• Our valuation report unveils the possibility CME Group's shares may be trading at a premium.

PNC Financial Services Group (NYSE:PNC)

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

Overview: The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States with a market cap of $73.57 billion.

Operations: PNC Financial Services Group generates revenue from three primary segments: Asset Management Group ($1.53 billion), Corporate & Institutional Banking ($9.22 billion), and Retail Banking including Residential Mortgage ($13.93 billion).

Dividend Yield: 3.5%

PNC Financial Services Group offers a reliable dividend of 3.46%, covered by earnings with a payout ratio of 52%. Dividends have been stable and growing over the past decade. Recent activities include completing $2.5 billion in fixed-income offerings and repurchasing shares worth $107 million, indicating strong capital management. Despite significant insider selling, PNC remains undervalued, trading at 35.8% below its estimated fair value, with dividends forecasted to remain well-covered in three years (39.3% payout ratio).

• Dive into the specifics of PNC Financial Services Group here with our thorough dividend report.
• Our valuation report here indicates PNC Financial Services Group may be undervalued.

Seize The Opportunity

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Curious About Other Options?

• 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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