Stock Analysis

US Dividend Stocks To Consider In January 2025

NYSE:TNK
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As 2024 comes to a close, the U.S. stock market has experienced a robust year overall, despite ending on a weaker note with the Dow Jones Industrial Average posting its largest monthly loss in over two years. With major indices like the Nasdaq Composite and S&P 500 achieving significant gains throughout the year, investors are now turning their attention to dividend stocks as a potential source of steady income amidst market fluctuations. In this context, selecting dividend stocks with strong fundamentals and consistent payout histories can be an effective strategy for navigating uncertain economic conditions.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
WesBanco (NasdaqGS:WSBC)4.55%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.33%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.05%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.71%★★★★★★
Southside Bancshares (NYSE:SBSI)4.60%★★★★★★
Dillard's (NYSE:DDS)6.02%★★★★★★
Chevron (NYSE:CVX)4.50%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.79%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)6.02%★★★★★★
Premier Financial (NasdaqGS:PFC)4.85%★★★★★★

Click here to see the full list of 157 stocks from our Top US Dividend Stocks screener.

Let's review some notable picks from our screened stocks.

SpartanNash (NasdaqGS:SPTN)

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

Overview: SpartanNash Company distributes and retails grocery products in the United States, with a market cap of approximately $618.39 million.

Operations: SpartanNash generates revenue primarily from its Wholesale segment, contributing $7.93 billion, and its Retail segment, which adds $2.79 billion.

Dividend Yield: 4.7%

SpartanNash's dividend yield of 4.75% ranks in the top 25% of U.S. market payers, though it's not well covered by free cash flows and earnings, raising sustainability concerns. Despite stable dividends over the past decade, its payout ratio stands at a challenging 64.4%. Recent financials show slight declines in sales and net income, with Q3 sales at US$2.25 billion and net income at US$10.92 million, maintaining steady EPS year-over-year amidst strategic leadership changes.

NasdaqGS:SPTN Dividend History as at Jan 2025
NasdaqGS:SPTN Dividend History as at Jan 2025

SunCoke Energy (NYSE:SXC)

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

Overview: SunCoke Energy, Inc. is an independent producer of coke operating in the Americas and Brazil with a market cap of $899.79 million.

Operations: SunCoke Energy's revenue segments consist of Domestic Coke at $1.85 billion, Logistics at $102.80 million, and Brazil Coke at $35.60 million.

Dividend Yield: 4.5%

SunCoke Energy's dividend yield of 4.49% places it among the top 25% of U.S. market payers, with dividends well-covered by earnings and cash flows due to low payout ratios of 41.5% and 44.1%, respectively. However, its dividend history is marked by volatility over the past decade, raising sustainability concerns despite recent profit growth—net income for Q3 rose significantly to US$30.7 million from US$7 million year-over-year amidst declining sales figures.

NYSE:SXC Dividend History as at Jan 2025
NYSE:SXC Dividend History as at Jan 2025

Teekay Tankers (NYSE:TNK)

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

Overview: Teekay Tankers Ltd. offers crude oil and marine transportation services to the oil industry both in Bermuda and globally, with a market cap of $1.37 billion.

Operations: Teekay Tankers Ltd. generates revenue of $1.19 billion from its tanker segment, providing marine transportation services for crude oil and related industries internationally.

Dividend Yield: 7.5%

Teekay Tankers offers a high dividend yield, ranking in the top 25% of U.S. market payers, with dividends well-covered by its low payout ratios; earnings and cash flow coverage stand at 8.1% and 23.6%, respectively. Despite this, its dividend history is unstable and marked by volatility over the past decade. Recent board changes aim to streamline operations within the Teekay Group, but Q3 revenue and net income have declined compared to last year.

NYSE:TNK Dividend History as at Jan 2025
NYSE:TNK Dividend History as at Jan 2025

Key Takeaways

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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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