Top US Dividend Stocks To Watch In December 2024

As U.S. markets navigate a mix of inflation data and regulatory challenges, the S&P 500 and Nasdaq Composite have recently reached record highs, reflecting a post-election rally that has buoyed investor sentiment. In this environment, dividend stocks remain an attractive option for those seeking steady income streams, offering potential stability amidst fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Peoples Bancorp (NasdaqGS:PEBO)	4.58%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.77%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.51%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.51%	★★★★★★
Dillard's (NYSE:DDS)	4.73%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.49%	★★★★★★
Farmers National Banc (NasdaqCM:FMNB)	4.35%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.46%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.47%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.33%	★★★★★★

Click here to see the full list of 133 stocks from our Top US Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Star Bulk Carriers (NasdaqGS:SBLK)

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

Overview: Star Bulk Carriers Corp. is a shipping company involved in the global ocean transportation of dry bulk cargoes, with a market cap of $1.88 billion.

Operations: Star Bulk Carriers Corp. generates its revenue primarily from its dry bulk vessels, amounting to $1.22 billion.

Dividend Yield: 8.9%

Star Bulk Carriers has shown growth in dividend payments over the past five years, but these have been volatile with annual drops exceeding 20%. The current payout ratio of 82.1% suggests dividends are covered by earnings, while a cash payout ratio of 38.9% indicates strong cash flow support. Despite recent revenue and net income growth, the dividend's sustainability remains uncertain due to its unstable history. The company declared a reduced quarterly dividend of US$0.60 per share for December 2024.

• Take a closer look at Star Bulk Carriers' potential here in our dividend report.
• Our comprehensive valuation report raises the possibility that Star Bulk Carriers is priced lower than what may be justified by its financials.

Village Super Market (NasdaqGS:VLGE.A)

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

Overview: Village Super Market, Inc. operates a chain of supermarkets in the United States with a market cap of $456.55 million.

Operations: The company's revenue is primarily derived from the retail sale of food and nonfood products, totaling $2.26 billion.

Dividend Yield: 3.2%

Village Super Market's dividends are well-covered by earnings with a payout ratio of 28.7% and cash flows at 68.3%, suggesting sustainability despite their unreliability over the past decade. The dividend yield of 3.23% is below the top tier in the US market, but payments have remained stable without growth. Recent earnings show modest sales and net income increases, while leadership changes may impact future strategies. Dividends were recently affirmed at $0.25 per Class A share.

• Delve into the full analysis dividend report here for a deeper understanding of Village Super Market.
• The valuation report we've compiled suggests that Village Super Market's current price could be quite moderate.

MSC Industrial Direct (NYSE:MSM)

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

Overview: MSC Industrial Direct Co., Inc. is a distributor of metalworking and maintenance, repair, and operations (MRO) products and services across several countries including the United States, Canada, Mexico, and the United Kingdom with a market cap of approximately $4.65 billion.

Operations: MSC Industrial Direct's revenue primarily comes from its distribution of metalworking, MRO, Class C consumables, and OEM products and services, totaling approximately $3.82 billion.

Dividend Yield: 4.1%

MSC Industrial Direct's dividends are well-covered by earnings and cash flows, with payout ratios of 72.7% and 61.1%, respectively, indicating sustainability. The dividend yield of 4.09% is slightly below the top tier in the US market but has been stable and reliable over the past decade, with recent increases to $0.85 per share. Despite a decline in annual sales to US$3.82 billion, MSC maintains good relative value compared to peers amid ongoing leadership transitions.

• Click here and access our complete dividend analysis report to understand the dynamics of MSC Industrial Direct.
• In light of our recent valuation report, it seems possible that MSC Industrial Direct is trading behind its estimated value.

Taking Advantage

• Get an in-depth perspective on all 133 Top US Dividend Stocks by using our screener here.
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Ready For A Different Approach?

• 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.

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