Top US Dividend Stocks To Watch In October 2024

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As the U.S. stock market navigates a mixed performance amid a wave of earnings reports, with the Nasdaq rising for its fifth consecutive session, investors are keenly observing economic indicators and Federal Reserve actions for insights into future market directions. In such an environment, dividend stocks can offer stability and income potential, making them an attractive option for those looking to balance growth with consistent returns in their investment portfolios.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

WesBanco (NasdaqGS:WSBC)

4.67%

★★★★★★

Columbia Banking System (NasdaqGS:COLB)

5.32%

★★★★★★

Peoples Bancorp (NasdaqGS:PEBO)

5.23%

★★★★★★

Dillard's (NYSE:DDS)

5.49%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

4.62%

★★★★★★

Interpublic Group of Companies (NYSE:IPG)

4.43%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.08%

★★★★★★

Financial Institutions (NasdaqGS:FISI)

4.74%

★★★★★★

First Interstate BancSystem (NasdaqGS:FIBK)

5.95%

★★★★★★

Citizens & Northern (NasdaqCM:CZNC)

5.81%

★★★★★★

Click here to see the full list of 172 stocks from our Top US Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Provident Financial Holdings

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

Overview: Provident Financial Holdings, Inc., with a market cap of $100.47 million, operates as the holding company for Provident Savings Bank, F.S.B.

Operations: Provident Financial Holdings, Inc. generates its revenue primarily through its banking segment, which accounts for $38.93 million.

Dividend Yield: 3.7%

Provident Financial Holdings offers a stable dividend profile, with dividends consistently covered by earnings, currently at a 52.9% payout ratio and forecasted to improve to 41.5% in three years. The company has maintained reliable and growing dividends over the past decade, although its yield of 3.71% is below the top quartile in the US market. Recent buybacks and steady earnings growth contribute positively to its valuation attractiveness, trading below estimated fair value.

NasdaqGS:PROV Dividend History as at Oct 2024
NasdaqGS:PROV Dividend History as at Oct 2024

Zions Bancorporation National Association

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

Overview: Zions Bancorporation, National Association offers a range of banking products and services across several western U.S. states, with a market cap of approximately $7.30 billion.

Operations: Zions Bancorporation, National Association generates revenue through various banking products and services across its operational regions.