Stock Analysis

Discover 3 US Dividend Stocks Yielding Over 3%

NasdaqGM:SAMG
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As the S&P 500 and Nasdaq Composite continue to rally, investors are keenly observing opportunities in the market despite recent fluctuations. In this dynamic environment, dividend stocks yielding over 3% can offer a blend of income and potential growth, making them an attractive option for those seeking stability amidst market volatility.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Columbia Banking System (NasdaqGS:COLB)6.03%★★★★★★
WesBanco (NasdaqGS:WSBC)4.74%★★★★★★
Dillard's (NYSE:DDS)6.21%★★★★★★
Silvercrest Asset Management Group (NasdaqGM:SAMG)4.96%★★★★★★
Premier Financial (NasdaqGS:PFC)5.12%★★★★★★
OceanFirst Financial (NasdaqGS:OCFC)4.67%★★★★★★
OTC Markets Group (OTCPK:OTCM)4.73%★★★★★★
Chevron (NYSE:CVX)4.72%★★★★★★
Regions Financial (NYSE:RF)4.48%★★★★★★
Virtus Investment Partners (NYSE:VRTS)4.60%★★★★★★

Click here to see the full list of 180 stocks from our Top US Dividend Stocks screener.

We'll examine a selection from our screener results.

Citizens Financial Services (NasdaqCM:CZFS)

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

Overview: Citizens Financial Services, Inc., a bank holding company with a market cap of $258.23 million, offers a range of banking products and services to individual, business, governmental, and institutional customers.

Operations: Citizens Financial Services, Inc. generates $98.19 million in revenue through its Community Banking segment.

Dividend Yield: 3.7%

Citizens Financial Services offers a reliable dividend yield of 3.68%, supported by a low payout ratio of 33.7%. The company has consistently increased its dividends over the past decade with minimal volatility. Despite trading at 59% below estimated fair value, recent earnings growth and stable dividend payments make it attractive for income-focused investors. However, recent net charge-offs and limited share buybacks may warrant caution.

NasdaqCM:CZFS Dividend History as at Sep 2024
NasdaqCM:CZFS Dividend History as at Sep 2024

Middlefield Banc (NasdaqCM:MBCN)

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

Overview: Middlefield Banc Corp., with a market cap of $208.80 million, operates as the bank holding company for The Middlefield Banking Company, offering commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio.

Operations: Middlefield Banc Corp. generates $66.74 million in revenue from its banking services segment.

Dividend Yield: 3%

Middlefield Banc Corp. offers a stable dividend yield of 3.05%, supported by a low payout ratio of 41.2%. The company has consistently increased its dividends over the past decade with little volatility, although its current yield is lower than the top 25% of US dividend payers. Recent earnings have declined, with net income for Q2 2024 at US$4.16 million compared to US$5.09 million a year ago, which may impact future payouts.

NasdaqCM:MBCN Dividend History as at Sep 2024
NasdaqCM:MBCN Dividend History as at Sep 2024

Silvercrest Asset Management Group (NasdaqGM:SAMG)

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

Overview: Silvercrest Asset Management Group Inc., with a market cap of $222.87 million, is a U.S.-based wealth management firm offering financial advisory and family office services.

Operations: Silvercrest Asset Management Group Inc. generates revenue primarily from its investment management industry segment, which amounted to $119.51 million.

Dividend Yield: 5%

Silvercrest Asset Management Group recently expanded into Atlanta, enhancing its southern market presence. The firm announced a share repurchase program worth US$12 million and reported Q2 2024 revenue of US$30.99 million with net income of US$2.67 million, down from last year. Despite this, Silvercrest increased its quarterly dividend by 5% to $0.20 per share, supported by an 85.7% payout ratio and strong cash flow coverage at 54.4%.

NasdaqGM:SAMG Dividend History as at Sep 2024
NasdaqGM:SAMG Dividend History as at Sep 2024

Turning Ideas Into Actions

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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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