Stock Analysis

3 Dividend Stocks On US Exchanges Yielding At Least 3%

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As the Federal Reserve's policy meeting on interest rates captures investor attention, stock futures indicate a cautious market with the Dow Jones poised for another potential decline. In this environment of fluctuating indices and economic uncertainty, dividend stocks yielding at least 3% can offer investors a measure of stability and income, making them an attractive option for those looking to balance risk with consistent returns.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Polaris (NYSE:PII)4.32%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)4.58%★★★★★★
Columbia Banking System (NasdaqGS:COLB)4.84%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.41%★★★★★★
Isabella Bank (OTCPK:ISBA)4.55%★★★★★★
Dillard's (NYSE:DDS)4.93%★★★★★★
Chevron (NYSE:CVX)4.37%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.67%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.47%★★★★★★
Premier Financial (NasdaqGS:PFC)4.42%★★★★★★

Click here to see the full list of 140 stocks from our Top US Dividend Stocks screener.

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

ESSA Bancorp (NasdaqGS:ESSA)

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

Overview: ESSA Bancorp, Inc. is a bank holding company for ESSA Bank & Trust, offering various financial services to individuals, families, and businesses in Pennsylvania with a market cap of approximately $192.50 million.

Operations: ESSA Bancorp, Inc. generates revenue primarily through its Thrift/Savings and Loan Institutions segment, which accounts for $67.84 million.

Dividend Yield: 3%

ESSA Bancorp offers a reliable dividend history, with stable and growing payments over the past decade. The current yield of 3% is lower than the top US dividend payers, yet it remains well-covered by earnings with a payout ratio of 33.7%. Trading at 25% below its estimated fair value enhances its appeal. Recent affirmations include a $0.15 per share dividend declared for December 2024, though recent earnings showed slight declines in income and EPS compared to last year.

NasdaqGS:ESSA Dividend History as at Dec 2024

Kennametal (NYSE:KMT)

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

Overview: Kennametal Inc. develops and applies tungsten carbides, ceramics, and super-hard materials for metal cutting and extreme wear applications, with a market cap of approximately $2.07 billion.

Operations: Kennametal Inc.'s revenue is divided into two primary segments: Metal Cutting, which generated $1.27 billion, and Infrastructure, which contributed $766.92 million.

Dividend Yield: 3%

Kennametal provides a stable dividend history, with payments increasing over the past decade. The current yield of 3.02% is below top US dividend payers but remains well-covered by earnings and cash flows, with payout ratios of 62.3% and 31.6%, respectively. Trading at 27.5% below estimated fair value adds appeal despite recent declines in earnings and net income for Q1 2025 compared to last year. A $0.20 per share dividend was recently affirmed for November 2024.

NYSE:KMT Dividend History as at Dec 2024

Omnicom Group (NYSE:OMC)

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

Overview: Omnicom Group Inc., along with its subsidiaries, provides advertising, marketing, and corporate communications services and has a market cap of approximately $17.62 billion.

Operations: Omnicom Group Inc. generates revenue of $15.43 billion from its advertising, marketing, and corporate communications services industry.

Dividend Yield: 3.1%

Omnicom Group offers a stable dividend history, with payments increasing over the past decade and currently yielding 3.08%. Dividends are well-covered by earnings and cash flows, with payout ratios of 37.8% and 36.4%, respectively. The company is trading at an attractive valuation, 56% below estimated fair value, despite high debt levels. Recent acquisitions aim to enhance growth potential while maintaining substantial dividends supported by US$3 billion in combined cash flow for strategic flexibility and share buybacks.

NYSE:OMC 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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