Top US Dividend Stocks For July 2024
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Over the last 7 days, the United States market has dropped 2.3%, driven by a decline of 6.7% in one sector, though it remains up 17% over the past year with earnings forecasted to grow by 15% annually. In this fluctuating environment, finding reliable dividend stocks can provide stability and consistent income for investors.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Columbia Banking System (NasdaqGS:COLB) | 5.48% | ★★★★★★ |
| BCB Bancorp (NasdaqGM:BCBP) | 5.06% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 5.31% | ★★★★★★ |
| Silvercrest Asset Management Group (NasdaqGM:SAMG) | 4.54% | ★★★★★★ |
| OceanFirst Financial (NasdaqGS:OCFC) | 4.39% | ★★★★★★ |
| Regions Financial (NYSE:RF) | 4.40% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.86% | ★★★★★★ |
| OTC Markets Group (OTCPK:OTCM) | 4.52% | ★★★★★★ |
| CompX International (NYSEAM:CIX) | 4.49% | ★★★★★★ |
| Union Bankshares (NasdaqGM:UNB) | 5.85% | ★★★★★☆ |
Click here to see the full list of 165 stocks from our Top US Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
C&F Financial
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: C&F Financial Corporation, with a market cap of $190.91 million, operates as a bank holding company for Citizens and Farmers Bank, offering banking services to individuals and businesses.
Operations: C&F Financial Corporation generates revenue through its banking services provided to both individual and business clients.
Dividend Yield: 3%
C&F Financial has consistently increased its dividend payments over the past decade, maintaining stability and reliability. Despite recent earnings declines, with second-quarter net income at US$5.03 million compared to US$6.38 million last year, the company's dividends remain well-covered by earnings due to a low payout ratio of 30.9%. The stock trades significantly below its estimated fair value but offers a lower-than-top-tier dividend yield of 3.03%.
CompX International
Simply Wall St Dividend Rating: ★★★★★★
Overview: CompX International Inc. manufactures and sells security products and recreational marine components primarily in North America, with a market cap of $309.69 million.
Operations: CompX International Inc.'s revenue segments include $34.38 million from marine components and $123.73 million from security products.
Dividend Yield: 4.5%
CompX International's dividends are well-covered by earnings and cash flows, with payout ratios of 63.8% and 63.5%, respectively. The company offers a high and reliable dividend yield of 4.49%, placing it in the top 25% of US dividend payers. Despite recent volatility in its share price, CIX has maintained stable and growing dividends over the past decade. Recent inclusion in multiple Russell indices may enhance visibility among investors.