Stock Analysis

3 US Dividend Stocks To Consider With Up To 5% Yield

NYSE:DVN
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As U.S. stock indices experience fluctuations amid anticipation of key economic reports and geopolitical tensions in the Middle East, investors are keenly observing market trends for opportunities. In this environment, dividend stocks with yields up to 5% can offer a steady income stream, making them an attractive option for those looking to balance risk with potential returns.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
WesBanco (NasdaqGS:WSBC)5.00%★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)5.54%★★★★★★
Columbia Banking System (NasdaqGS:COLB)5.68%★★★★★★
Dillard's (NYSE:DDS)5.79%★★★★★★
Premier Financial (NasdaqGS:PFC)5.49%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.92%★★★★★★
Regions Financial (NYSE:RF)4.46%★★★★★★
CVB Financial (NasdaqGS:CVBF)4.43%★★★★★★
Huntington Bancshares (NasdaqGS:HBAN)4.38%★★★★★★
Virtus Investment Partners (NYSE:VRTS)4.41%★★★★★★

Click here to see the full list of 183 stocks from our Top US Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

ConocoPhillips (NYSE:COP)

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

Overview: ConocoPhillips is engaged in the exploration, production, transportation, and marketing of crude oil, bitumen, natural gas, LNG, and natural gas liquids across several countries including the United States and Canada with a market capitalization of approximately $128.16 billion.

Operations: ConocoPhillips generates revenue from various regions, with $7.11 billion from Alaska, $5.84 billion from Canada, $38.16 billion from the Lower 48 states in the U.S., $3.19 billion from Asia Pacific, and $6.12 billion from Europe, the Middle East, and North Africa.

Dividend Yield: 3.1%

ConocoPhillips recently announced a 34% increase in its ordinary dividend, integrating the VROC into regular payouts, reflecting a commitment to returning capital to shareholders. Despite historical volatility and unreliability in dividends, current payouts are well-covered by earnings and cash flows with payout ratios of 42.7% and 44%, respectively. However, insider selling has been significant recently, and its dividend yield is lower than top-tier US dividend payers.

NYSE:COP Dividend History as at Oct 2024
NYSE:COP Dividend History as at Oct 2024

Devon Energy (NYSE:DVN)

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

Overview: Devon Energy Corporation is an independent energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States with a market cap of $25.36 billion.

Operations: Devon Energy Corporation generates revenue primarily from its oil and gas exploration and production segment, which amounts to $14.75 billion.

Dividend Yield: 4.8%

Devon Energy offers a compelling dividend profile with a 4.83% yield, ranking in the top 25% of US payers. Its dividends are well-covered by earnings and cash flows, with payout ratios of 36.9% and 42.5%, respectively. Despite past volatility and unreliability in dividend payments, recent increases signal potential stability. The company’s strategic moves include a $1.51 billion shelf registration filing and expanded buyback authorization to $5 billion, enhancing shareholder value prospects amidst fluctuating dividends.

NYSE:DVN Dividend History as at Oct 2024
NYSE:DVN Dividend History as at Oct 2024

Helmerich & Payne (NYSE:HP)

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

Overview: Helmerich & Payne, Inc., along with its subsidiaries, offers drilling services and solutions for exploration and production companies, with a market cap of approximately $3.18 billion.

Operations: Helmerich & Payne, Inc.'s revenue segments include $2.40 billion from North America Solutions, $201.70 million from International Solutions, and $107.54 million from Offshore Gulf of Mexico operations.

Dividend Yield: 5%

Helmerich & Payne's dividend yield of 5.03% places it among the top 25% of US payers, with dividends covered by earnings and cash flows, indicated by a payout ratio of 29% and a cash payout ratio of 72.8%. Despite its attractive yield, the company's dividend history is marked by volatility over the past decade. Recent debt offerings totaling $1.25 billion aim to support strategic acquisitions, which may influence future dividend stability and growth prospects.

NYSE:HP Dividend History as at Oct 2024
NYSE:HP Dividend History as at Oct 2024

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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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