Stock Analysis

3 Top US Dividend Stocks To Consider

NYSEAM:CIX
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The U.S. stock market has seen a mixed performance recently, with the Dow Jones Industrial Average hitting record highs while the Nasdaq Composite faced declines. Amid this volatility, dividend stocks remain an attractive option for investors seeking steady income and potential capital appreciation. In light of current market conditions, selecting dividend stocks with strong fundamentals and consistent payout histories can provide a reliable source of returns.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Columbia Banking System (NasdaqGS:COLB)5.76%★★★★★★
BCB Bancorp (NasdaqGM:BCBP)5.14%★★★★★★
WesBanco (NasdaqGS:WSBC)4.49%★★★★★★
Silvercrest Asset Management Group (NasdaqGM:SAMG)5.00%★★★★★★
Dillard's (NYSE:DDS)6.16%★★★★★★
Premier Financial (NasdaqGS:PFC)4.97%★★★★★★
OceanFirst Financial (NasdaqGS:OCFC)4.51%★★★★★★
Chevron (NYSE:CVX)4.42%★★★★★★
OTC Markets Group (OTCPK:OTCM)4.48%★★★★★★
Carter's (NYSE:CRI)4.85%★★★★★☆

Click here to see the full list of 172 stocks from our Top US Dividend Stocks screener.

Let's take a closer look at a couple of our picks from the screened companies.

Farmers National Banc (NasdaqCM:FMNB)

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

Overview: Farmers National Banc Corp. operates as a bank holding company for The Farmers National Bank of Canfield, engaging in banking, trust, retirement consulting, insurance, and financial management businesses with a market cap of $575.29 million.

Operations: Farmers National Banc Corp. generates revenue primarily through its Bank Segment ($161.84 million) and Trust Segment, including Retirement Consulting ($12.50 million).

Dividend Yield: 4.4%

Farmers National Banc offers a stable and growing dividend, with payments increasing over the past 10 years. The company currently pays a high and reliable dividend yield of 4.36%, placing it in the top 25% of US dividend payers. Despite recent earnings declines, its dividends are well-covered by earnings with a payout ratio of 49.8%. On August 27, 2024, the Board declared a quarterly cash dividend of $0.17 per share payable on September 30, 2024.

NasdaqCM:FMNB Dividend History as at Aug 2024
NasdaqCM:FMNB Dividend History as at Aug 2024

Virginia National Bankshares (NasdaqCM:VABK)

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

Overview: Virginia National Bankshares Corporation, with a market cap of $204.52 million, operates as the holding company for Virginia National Bank, offering a variety of commercial and retail banking services.

Operations: Virginia National Bankshares Corporation generates revenue from its banking operations ($50.32 million), Masonry Capital ($0.88 million), and VNB Trust & Estate Services ($1.06 million).

Dividend Yield: 3.3%

Virginia National Bankshares declared a quarterly cash dividend of $0.33 per share, yielding 3.45% annually, to be paid on September 20, 2024. Despite recent earnings declines—net income fell to US$4.16 million in Q2 2024 from US$5.65 million a year ago—the company maintains stable and growing dividends over the past decade with a low payout ratio of 45.4%. Additionally, it completed a share buyback worth $0.56 million in July 2024.

NasdaqCM:VABK Dividend History as at Aug 2024
NasdaqCM:VABK Dividend History as at Aug 2024

CompX International (NYSEAM:CIX)

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

Overview: CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America, with a market cap of $349.23 million.

Operations: CompX International Inc.'s revenue segments include Marine Components at $31.11 million and Security Products at $126.27 million.

Dividend Yield: 4.1%

CompX International recently announced a special cash dividend of US$2.00 per share and affirmed its regular quarterly dividend of US$0.30 per share. The company reported Q2 2024 earnings with net income rising to US$4.84 million from US$4.07 million a year ago, despite a slight dip in sales to US$35.89 million from US$36.62 million. CompX's dividends are well-covered by earnings (64.3% payout ratio) and cash flows (56.5% cash payout ratio), providing stability and reliability for investors seeking consistent income streams.

NYSEAM:CIX Dividend History as at Aug 2024
NYSEAM:CIX Dividend History as at Aug 2024

Summing It All Up

  • Investigate our full lineup of 172 Top US Dividend Stocks right here.
  • 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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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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