As the U.S. stock market experiences a post-election rally, with major indices like the Dow Jones and S&P 500 reaching all-time highs, investors are increasingly looking to dividend stocks as a way to capitalize on this optimistic climate. In such an environment, selecting dividend stocks with strong fundamentals and consistent payout histories can be a prudent strategy for those seeking steady income alongside potential capital gains.
Name | Dividend Yield | Dividend Rating |
Peoples Bancorp (NasdaqGS:PEBO) | 4.47% | ★★★★★★ |
Isabella Bank (OTCPK:ISBA) | 4.86% | ★★★★★★ |
Interpublic Group of Companies (NYSE:IPG) | 4.46% | ★★★★★★ |
BCB Bancorp (NasdaqGM:BCBP) | 4.89% | ★★★★★★ |
Columbia Banking System (NasdaqGS:COLB) | 4.57% | ★★★★★★ |
Dillard's (NYSE:DDS) | 5.41% | ★★★★★★ |
First Interstate BancSystem (NasdaqGS:FIBK) | 5.54% | ★★★★★★ |
Ennis (NYSE:EBF) | 4.52% | ★★★★★★ |
Citizens & Northern (NasdaqCM:CZNC) | 5.46% | ★★★★★★ |
Heritage Commerce (NasdaqGS:HTBK) | 4.79% | ★★★★★★ |
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.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Farmers National Banc Corp., with a market cap of $578.85 million, operates as a bank holding company for The Farmers National Bank of Canfield, providing banking, trust, retirement consulting, insurance, and financial management services.
Operations: Farmers National Banc Corp. generates revenue through its Bank Segment, which accounts for $155.28 million, and its Trust Segment, including retirement consulting services, contributing $12.78 million.
Dividend Yield: 4.3%
Farmers National Banc's dividends have been stable and growing over the past decade, with a current yield of 4.27%, slightly below the top 25% in the US market. The dividend is well-covered by earnings, maintaining a payout ratio of 55%, forecasted to improve to 44.9% in three years. Despite recent declines in net income and increased net charge-offs, the company continues its dividend payments and has completed a share buyback program worth US$6.57 million.
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Hanmi Financial Corporation, with a market cap of $746.70 million, operates as the holding company for Hanmi Bank, offering business banking products and services in the United States.
Operations: Hanmi Financial Corporation generates revenue primarily from its Financial Services segment, amounting to $232.77 million.
Dividend Yield: 3.9%
Hanmi Financial's dividend, currently at US$0.25 per share for Q4 2024, is covered by a payout ratio of 48%, expected to improve to 43% in three years. Despite its volatile history and a yield of 3.86% below top-tier US dividend stocks, the company maintains payments amid declining earnings and net interest income. Recent buybacks totaling US$4.16 million reflect confidence in value, though past dividend reliability issues persist.
Simply Wall St Dividend Rating: ★★★★★☆
Overview: S&T Bancorp, Inc. is the bank holding company for S&T Bank, offering retail and commercial banking products and services, with a market cap of approximately $1.61 billion.
Operations: S&T Bancorp, Inc. generates revenue primarily through its Community Banking segment, which accounted for $386.29 million.
Dividend Yield: 3%
S&T Bancorp's dividend of US$0.34 per share, increased by 3.03%, is well-covered by a low payout ratio of 9.3%, ensuring sustainability despite declining net interest income and earnings. The dividend yield stands at 3.04%, below the top-tier US market average, but it remains stable and reliable over the past decade. Recent earnings reports indicate a slight decrease in net income, yet dividends are projected to stay covered with a future payout ratio of 44.1%.
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.
Companies discussed in this article include NasdaqCM:FMNB NasdaqGS:HAFC and NasdaqGS:STBA.
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