3 Dividend Stocks On US Exchange Yielding Up To 5%

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With the S&P 500 and Dow Jones Industrial Average closing near record highs, largely driven by Federal Reserve Chair Jerome Powell's indication of upcoming rate cuts, investor sentiment remains optimistic. In this buoyant market environment, dividend stocks yielding up to 5% can offer both income and stability, making them an attractive choice for those looking to capitalize on current economic conditions.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

Columbia Banking System (NasdaqGS:COLB)

5.77%

★★★★★★

WesBanco (NasdaqGS:WSBC)

4.44%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

4.99%

★★★★★★

Dillard's (NYSE:DDS)

5.86%

★★★★★★

Premier Financial (NasdaqGS:PFC)

4.91%

★★★★★★

OceanFirst Financial (NasdaqGS:OCFC)

4.49%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.75%

★★★★★★

Chevron (NYSE:CVX)

4.42%

★★★★★★

Regions Financial (NYSE:RF)

4.38%

★★★★★★

CompX International (NYSEAM:CIX)

4.38%

★★★★★★

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

We'll examine a selection from our screener results.

BCB Bancorp

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

Overview: BCB Bancorp, Inc., with a market cap of $216.10 million, operates as a bank holding company for BCB Community Bank, providing banking products and services to businesses and individuals in the United States.

Operations: BCB Bancorp, Inc. generates $91.24 million in revenue from its banking operations.

Dividend Yield: 5%

BCB Bancorp, Inc. offers an attractive dividend yield of 5.04%, placing it in the top 25% of US dividend payers. The company’s dividends have been stable and growing over the past decade, with a current payout ratio of 53.5%, indicating sustainability. However, recent earnings reports show a decline in net income to US$2.82 million for Q2 2024 from US$8.6 million a year ago, which may impact future payouts despite forecasted growth in earnings by analysts.

NasdaqGM:BCBP Dividend History as at Aug 2024
NasdaqGM:BCBP Dividend History as at Aug 2024

OceanFirst Financial

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

Overview: OceanFirst Financial Corp., with a market cap of $1.04 billion, operates as the bank holding company for OceanFirst Bank N.A.

Operations: OceanFirst Financial Corp. generates $376.06 million from its Community Banking Operations segment.

Dividend Yield: 4.5%

OceanFirst Financial offers a reliable dividend yield of 4.49%, ranking in the top 25% of US dividend payers. The company's dividends have been stable and growing over the past decade, supported by a low payout ratio of 48.2%. Despite recent declines in net income and interest income for Q2 2024, dividends remain well-covered by earnings both currently and forecasted for the next three years. Recent buybacks and consistent quarterly dividends further bolster investor confidence.