3 Top US Dividend Stocks To Enhance Your Portfolio

As the U.S. stock market reaches record highs, driven by surging technology stocks, investors are increasingly looking to diversify their portfolios with reliable income streams. In this buoyant market environment, dividend stocks stand out as a compelling choice for those seeking steady returns and potential capital appreciation.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
WesBanco (NasdaqGS:WSBC)	4.20%	★★★★★★
Peoples Bancorp (NasdaqGS:PEBO)	4.56%	★★★★★★
Interpublic Group of Companies (NYSE:IPG)	4.38%	★★★★★★
Columbia Banking System (NasdaqGS:COLB)	4.66%	★★★★★★
Isabella Bank (OTCPK:ISBA)	4.52%	★★★★★★
Dillard's (NYSE:DDS)	4.64%	★★★★★★
Financial Institutions (NasdaqGS:FISI)	4.43%	★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)	5.39%	★★★★★★
Premier Financial (NasdaqGS:PFC)	4.48%	★★★★★★
Citizens & Northern (NasdaqCM:CZNC)	5.40%	★★★★★★

Click here to see the full list of 132 stocks from our Top US Dividend Stocks screener.

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

Virginia National Bankshares (NasdaqCM:VABK)

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

Overview: Virginia National Bankshares Corporation, with a market cap of $219.24 million, serves as the holding company for Virginia National Bank, offering a variety of commercial and retail banking services.

Operations: Virginia National Bankshares Corporation generates its revenue from segments including banking services ($50.28 million), Masonry Capital ($0.72 million), and VNB Trust & Estate Services ($1.03 million).

Dividend Yield: 3.2%

Virginia National Bankshares offers a stable dividend yield of 3.17%, with payments consistently growing over the past decade and a low payout ratio of 45.5% indicating good coverage by earnings. However, its yield is below the top quartile of US dividend payers. Recent earnings show slight declines in net income and EPS compared to last year, but the company affirmed a quarterly dividend of $0.33 per share for December 2024, maintaining its reliable payout history.

• Dive into the specifics of Virginia National Bankshares here with our thorough dividend report.
• Upon reviewing our latest valuation report, Virginia National Bankshares' share price might be too pessimistic.

Atlantic Union Bankshares (NYSE:AUB)

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

Overview: Atlantic Union Bankshares Corporation is a bank holding company for Atlantic Union Bank, offering banking and financial services to consumers and businesses in the United States, with a market cap of approximately $4.29 billion.

Operations: Atlantic Union Bankshares Corporation generates revenue primarily through its Consumer Banking segment, which accounts for $337.01 million, and its Wholesale Banking segment, contributing $352.96 million.

Dividend Yield: 3.2%

Atlantic Union Bankshares offers a stable dividend yield of approximately 3.7%, with consistent growth over the past decade and a payout ratio of 53.7%, suggesting earnings adequately cover dividends. Despite recent shareholder dilution from a $350 million equity offering, the company increased its quarterly dividend to $0.34 per share, reflecting financial strength amid rising net income and interest income in Q3 2024. However, its yield remains below the top quartile of US dividend payers.

• Get an in-depth perspective on Atlantic Union Bankshares' performance by reading our dividend report here.
• The analysis detailed in our Atlantic Union Bankshares valuation report hints at an deflated share price compared to its estimated value.

Universal Insurance Holdings (NYSE:UVE)

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

Overview: Universal Insurance Holdings, Inc., along with its subsidiaries, functions as an integrated insurance holding company in the United States with a market cap of approximately $640.12 million.

Operations: Universal Insurance Holdings generates revenue primarily from its Insurance - Property & Casualty segment, totaling $1.51 billion.

Dividend Yield: 3.4%

Universal Insurance Holdings declared a total dividend of 77 cents per share in 2024, including a recent special dividend. Despite reporting a net loss in Q3, its dividends are well-covered by earnings and cash flows, with payout ratios of 25.2% and 9.4%, respectively. The company maintains stable dividends over the past decade and trades at an attractive price-to-earnings ratio of 8.7x compared to the market average, though insider selling has been noted recently.

• Click here to discover the nuances of Universal Insurance Holdings with our detailed analytical dividend report.
• Our expertly prepared valuation report Universal Insurance Holdings implies its share price may be lower than expected.

Key Takeaways

• Investigate our full lineup of 132 Top US Dividend Stocks right here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.

Looking For Alternative Opportunities?

• 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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