Stock Analysis

US Dividend Stocks To Consider In November 2024

Published

As the U.S. stock market experiences a slight downturn following a post-election rally, investors are closely monitoring economic indicators and Federal Reserve policies that suggest a "sometimes-bumpy path" to achieving inflation targets. In this environment, dividend stocks can offer stability and potential income streams, making them an appealing option for those looking to navigate market fluctuations with a focus on long-term value and consistent returns.

Top 10 Dividend Stocks In The United States

NameDividend YieldDividend Rating
Peoples Bancorp (NasdaqGS:PEBO)4.51%★★★★★★
Isabella Bank (OTCPK:ISBA)4.86%★★★★★★
Interpublic Group of Companies (NYSE:IPG)4.52%★★★★★★
Columbia Banking System (NasdaqGS:COLB)4.63%★★★★★★
Dillard's (NYSE:DDS)4.85%★★★★★★
Financial Institutions (NasdaqGS:FISI)4.44%★★★★★★
Farmers National Banc (NasdaqCM:FMNB)4.43%★★★★★★
First Interstate BancSystem (NasdaqGS:FIBK)5.65%★★★★★★
Premier Financial (NasdaqGS:PFC)4.39%★★★★★★
Citizens & Northern (NasdaqCM:CZNC)5.49%★★★★★★

Click here to see the full list of 138 stocks from our Top US Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Union Bankshares (NasdaqGM:UNB)

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

Overview: Union Bankshares, Inc. is a bank holding company for Union Bank, offering retail, commercial, and municipal banking products and services in northern Vermont and New Hampshire, with a market cap of $138.75 million.

Operations: Union Bankshares, Inc. generates revenue through its Community Bank segment, which accounted for $46.39 million.

Dividend Yield: 4.7%

Union Bankshares has maintained a stable and reliable dividend history over the past decade, with current payments yielding 4.67%, placing it in the top 25% of U.S. dividend payers. Despite recent declines in net income, the company declared a quarterly cash dividend of US$0.36 per share for November 2024, supported by a reasonable payout ratio of 74%. However, earnings have decreased compared to last year, which may impact future payouts.

NasdaqGM:UNB Dividend History as at Nov 2024

Copa Holdings (NYSE:CPA)

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

Overview: Copa Holdings, S.A. operates airline passenger and cargo services through its subsidiaries, with a market cap of $4.15 billion.

Operations: Copa Holdings generates revenue of $3.49 billion from its air transportation services, which include both passenger and cargo operations.

Dividend Yield: 6.2%

Copa Holdings offers a high dividend yield of 6.21%, ranking in the top 25% of U.S. dividend payers, but its dividends have been volatile and not well-covered by free cash flows, with a cash payout ratio exceeding 100%. Despite strong earnings growth of US$95.6 million over the past year, dividends remain unreliable due to inconsistent coverage by earnings and cash flow, raising concerns about sustainability for income-focused investors.

NYSE:CPA Dividend History as at Nov 2024

GeoPark (NYSE:GPRK)

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

Overview: GeoPark Limited is an oil and natural gas exploration and production company operating mainly in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries with a market cap of $420.29 million.

Operations: GeoPark Limited generates its revenue primarily from the exploration and production of oil and gas, amounting to $716.84 million.

Dividend Yield: 7.0%

GeoPark's dividend yield of 7.02% places it among the top U.S. dividend payers, supported by a low payout ratio of 28.8% and a cash payout ratio of 17.7%, indicating strong coverage by earnings and cash flows. However, its five-year dividend history is marked by volatility and instability, raising concerns about reliability despite recent production successes in Argentina's Confluencia Norte Block enhancing potential revenue streams amid declining sales from US$192.13 million to US$159.5 million year-over-year in Q3 2024.

NYSE:GPRK Dividend History as at Nov 2024

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Curious About Other Options?

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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