US Dividend Stocks To Consider In September 2024
In This Article:
As of September 2024, the U.S. stock market is experiencing a notable upswing, with the S&P 500 and Dow Jones Industrial Average closing at record highs. This positive momentum has been driven by gains in major tech stocks and a recent interest rate cut by the Federal Reserve. In this favorable market environment, dividend stocks can offer stability and income potential for investors seeking to capitalize on current economic conditions. Here are three U.S. dividend stocks to consider this month.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| WesBanco (NasdaqGS:WSBC) | 4.76% | ★★★★★★ |
| Columbia Banking System (NasdaqGS:COLB) | 5.59% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 5.59% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 5.20% | ★★★★★★ |
| Silvercrest Asset Management Group (NasdaqGM:SAMG) | 4.79% | ★★★★★★ |
| OTC Markets Group (OTCPK:OTCM) | 4.70% | ★★★★★★ |
| OceanFirst Financial (NasdaqGS:OCFC) | 4.41% | ★★★★★★ |
| Regions Financial (NYSE:RF) | 4.36% | ★★★★★★ |
| Chevron (NYSE:CVX) | 4.42% | ★★★★★★ |
| Virtus Investment Partners (NYSE:VRTS) | 4.32% | ★★★★★★ |
Click here to see the full list of 171 stocks from our Top US Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
First Capital
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: First Capital, Inc. (NasdaqCM:FCAP) is the bank holding company for First Harrison Bank, offering a range of banking services to individuals and business customers, with a market cap of $127.38 million.
Operations: First Capital, Inc. generates its revenue primarily from its banking segment, which amounts to $40.80 million.
Dividend Yield: 3.2%
First Capital pays a reliable dividend of 3.16%, which, while lower than the top 25% of US dividend payers, has been stable and growing over the past decade with a low payout ratio of 30%. Recently, the company increased its quarterly dividend by $0.02 to $0.29 per share, reflecting a 7.4% rise. Despite trading at 57.1% below estimated fair value and recent buybacks totaling $11.72 million, earnings growth remains modest but steady.
Dillard's
Simply Wall St Dividend Rating: ★★★★★★
Overview: Dillard's, Inc. operates retail department stores across the southeastern, southwestern, and midwestern United States and has a market cap of $5.96 billion.
Operations: Dillard's, Inc. generates revenue primarily from its Retail Operations segment, which accounts for $6.50 billion, and additionally from its Construction segment with $299.37 million.