3 Top US Dividend Stocks To Watch With At Least 3.5% Yield
In This Article:
As of September 11, 2024, major U.S. stock indexes have been on an upward trajectory, with the S&P 500 and Nasdaq Composite extending their winning streaks amid strong performances from large-cap technology stocks like Nvidia. This positive momentum comes despite recent concerns about economic volatility and inflation rates. In such a dynamic market environment, dividend stocks offering yields of at least 3.5% can provide a stable income stream while potentially benefiting from capital appreciation.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Columbia Banking System (NasdaqGS:COLB) | 6.13% | ★★★★★★ |
| WesBanco (NasdaqGS:WSBC) | 4.80% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 6.25% | ★★★★★★ |
| Silvercrest Asset Management Group (NasdaqGM:SAMG) | 5.00% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 5.26% | ★★★★★★ |
| OceanFirst Financial (NasdaqGS:OCFC) | 4.65% | ★★★★★★ |
| Chevron (NYSE:CVX) | 4.73% | ★★★★★★ |
| OTC Markets Group (OTCPK:OTCM) | 4.72% | ★★★★★★ |
| Regions Financial (NYSE:RF) | 4.55% | ★★★★★★ |
| Virtus Investment Partners (NYSE:VRTS) | 4.62% | ★★★★★★ |
Click here to see the full list of 185 stocks from our Top US Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
Parke Bancorp
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Parke Bancorp, Inc., with a market cap of $246.14 million, operates as the bank holding company for Parke Bank, offering personal and business financial services to individuals and small to mid-sized businesses.
Operations: Parke Bancorp, Inc. generates $64.61 million from its Community Banking segment, providing financial services to individuals and small to mid-sized businesses.
Dividend Yield: 3.5%
Parke Bancorp is trading at 72.5% below its estimated fair value, suggesting potential for appreciation. Despite a decline in profit margins from 51% to 33.7%, the company has maintained stable and growing dividends over the past decade, with a current yield of 3.5%. The dividend payout ratio stands at a manageable 39.5%. Recent earnings show decreased net income and interest income year-over-year, but the company announced a share repurchase program for up to 5% of outstanding stock, potentially enhancing shareholder value.
-
Navigate through the intricacies of Parke Bancorp with our comprehensive dividend report here.
-
Upon reviewing our latest valuation report, Parke Bancorp's share price might be too pessimistic.
Innovative Industrial Properties
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Innovative Industrial Properties, Inc. is a Maryland-based company specializing in acquiring, owning, and managing properties leased to state-licensed cannabis operators, with a market cap of $3.56 billion.