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

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

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.

• Click here to discover the nuances of ConocoPhillips with our detailed analytical dividend report.
• Our valuation report here indicates ConocoPhillips may be undervalued.

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.

• Click to explore a detailed breakdown of our findings in Devon Energy's dividend report.
• Our expertly prepared valuation report Devon Energy implies its share price may be lower than expected.

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.

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

Seize The Opportunity

• Dive into all 183 of the Top US Dividend Stocks we have identified here.
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Ready To Venture Into Other Investment Styles?

• 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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