Stock Analysis

3 Dividend Stocks On US Exchanges Offering Up To 7.3% Yield

NYSE:SILA
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As the U.S. markets experience a mixed performance with the Nasdaq and S&P 500 showing positive momentum, investors are keenly watching for opportunities amidst geopolitical tensions and earnings reports from major companies. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for those looking to navigate market fluctuations while benefiting from regular payouts.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.59%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.77%★★★★★★
Columbia Banking System (NasdaqGS:COLB)4.78%★★★★★★
Isabella Bank (OTCPK:ISBA)4.48%★★★★★★
Dillard's (NYSE:DDS)4.92%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.55%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.63%★★★★★★
Ennis (NYSE:EBF)4.79%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.59%★★★★★★
Premier Financial (NasdaqGS:PFC)4.49%★★★★★★

Click here to see the full list of 139 stocks from our Top US Dividend Stocks screener.

We'll examine a selection from our screener results.

Ardmore Shipping (NYSE:ASC)

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

Overview: Ardmore Shipping Corporation operates in the global seaborne transportation of petroleum products and chemicals, with a market cap of $519.26 million.

Operations: Ardmore Shipping Corporation generates revenue of $422.62 million from its operations in transporting refined petroleum products and chemicals globally.

Dividend Yield: 7.4%

Ardmore Shipping's dividend yield is among the top 25% in the US, supported by a low payout ratio of 30%, indicating sustainability. However, its dividend history is marked by volatility and unreliability. Recent earnings growth and undervaluation compared to peers suggest potential value, but future earnings are expected to decline significantly. The recent decrease in the quarterly dividend to $0.18 per share reflects ongoing challenges despite improved sales and net income for Q3 2024.

NYSE:ASC Dividend History as at Nov 2024
NYSE:ASC Dividend History as at Nov 2024

Innovative Industrial Properties (NYSE:IIPR)

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

Overview: Innovative Industrial Properties, Inc. is a self-advised Maryland corporation specializing in acquiring, owning, and managing properties leased to state-licensed operators for regulated cannabis facilities, with a market cap of approximately $3.01 billion.

Operations: The company's revenue is primarily derived from its REIT - Commercial segment, totaling $310.93 million.

Dividend Yield: 7.2%

Innovative Industrial Properties' dividend yield is in the top 25% of US payers, supported by earnings and cash flow coverage, with payout ratios of 90.9% and 80.7%, respectively. Despite only a seven-year history, dividends have grown steadily. The stock trades at a significant discount to its estimated fair value, suggesting potential value despite recent slight declines in earnings and revenue for Q3 2024 compared to the previous year.

NYSE:IIPR Dividend History as at Nov 2024
NYSE:IIPR Dividend History as at Nov 2024

Sila Realty Trust (NYSE:SILA)

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

Overview: Sila Realty Trust, Inc., headquartered in Tampa, Florida, is a net lease real estate investment trust specializing in the U.S. healthcare sector with a market cap of approximately $1.37 billion.

Operations: Sila Realty Trust, Inc. generates revenue of $186.23 million from its commercial real estate investments in the healthcare sector.

Dividend Yield: 6.3%

Sila Realty Trust's dividend yield is among the top 25% in the US, with a payout ratio of 64.9%, supported by earnings and cash flow coverage. However, its four-year dividend history has been marked by volatility and declines. Recent Q3 2024 results show a decrease in sales to US$46.12 million and net income to US$11.94 million compared to last year, yet the company continues seeking acquisitions, particularly in outpatient medical facilities within the Sunbelt region.

NYSE:SILA Dividend History as at Nov 2024
NYSE:SILA Dividend History as at Nov 2024

Taking Advantage

  • Take a closer look at our Top US Dividend Stocks list of 139 companies by clicking here.
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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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