3 Top US Dividend Stocks Yielding Over 3.3%

As the U.S. stock market navigates the uncertainties surrounding the presidential election and upcoming Federal Reserve interest rate decisions, investors are closely watching how these events might impact their portfolios. In such a climate, dividend stocks yielding over 3.3% can offer a measure of stability and income, making them an attractive option for those seeking reliable returns amidst market fluctuations.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.65%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	5.29%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	5.19%	★★★★★★
Isabella Bank (OTCPK:ISBA)	5.11%	★★★★★★
Dillard's (NYSE:DDS)	5.51%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.96%	★★★★★★
Farmers National Banc (NasdaqCM:FMNB)	4.93%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	6.30%	★★★★★★
Premier Financial (NasdaqGS:PFC)	5.10%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.94%	★★★★★★

Click here to see the full list of 173 stocks from our Top US Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Parke Bancorp (NasdaqCM:PKBK)

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

Overview: Parke Bancorp, Inc. is the bank holding company for Parke Bank, offering personal and business financial services to individuals and small to mid-sized businesses, with a market cap of $254.28 million.

Operations: Parke Bancorp, Inc.'s revenue segment is primarily derived from Community Banking, generating $63.15 million.

Dividend Yield: 3.4%

Parke Bancorp's dividend yield of 3.36% is lower than the top quartile of US dividend payers, yet it remains attractive due to a low payout ratio of 30.5%, indicating coverage by earnings. The dividends have been stable and growing over the past decade. Despite significant insider selling recently, the company declared a $0.18 per share dividend for October 2024. Recent earnings show improved net income despite decreased net interest income compared to last year.

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

SpartanNash (NasdaqGS:SPTN)

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

Overview: SpartanNash Company distributes and retails grocery products in the United States and has a market cap of approximately $717.08 million.

Operations: SpartanNash Company generates revenue through its Retail segment, which accounts for $2.78 billion, and its Wholesale segment, contributing $7.95 billion.

Dividend Yield: 4.1%

SpartanNash offers a dividend yield of 4.07%, which is below the top quartile for US dividend payers but remains covered by earnings and cash flows with payout ratios of 80.2% and 65%, respectively. The company's dividends have been stable and growing over the past decade, despite recent declines in net income to US$11.49 million for Q3 2024 from US$19.47 million a year ago, reflecting some financial challenges amidst strategic leadership changes.

• Click here to discover the nuances of SpartanNash with our detailed analytical dividend report.
• The valuation report we've compiled suggests that SpartanNash's current price could be quite moderate.

Sila Realty Trust (NYSE:SILA)

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

Overview: Sila Realty Trust, Inc. is a Tampa-based net lease real estate investment trust specializing in the U.S. healthcare sector, with a market cap of approximately $1.37 billion.

Operations: Sila Realty Trust, Inc. generates its revenue primarily from commercial real estate investments in the healthcare sector, amounting to $188.65 million.

Dividend Yield: 6.3%

Sila Realty Trust's dividend yield of 6.34% ranks in the top 25% of US dividend payers, yet its payments have been volatile over its short history, with a payout ratio of 58.9% indicating coverage by earnings. Recent changes include shifting from monthly to quarterly distributions starting in 2025, with an annualized distribution amounting to US$1.60 per share. Despite profitability and a buyback program, dividends remain unstable due to large one-off financial impacts.

• Unlock comprehensive insights into our analysis of Sila Realty Trust stock in this dividend report.
• The analysis detailed in our Sila Realty Trust valuation report hints at an inflated share price compared to its estimated value.

Key Takeaways

• Delve into our full catalog of 173 Top US Dividend Stocks here.
• Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com