Top US Dividend Stocks Offering Yields Up To 4.5%
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As U.S. stocks closed a volatile August on a high note, major indexes like the Dow Jones Industrial Average and S&P 500 posted monthly gains, easing recession fears and raising expectations for potential interest rate cuts by the Federal Reserve. In this dynamic market environment, dividend stocks offering yields up to 4.5% can provide investors with steady income and a measure of stability amidst economic fluctuations.
Top 10 Dividend Stocks In The United States
| Name | Dividend Yield | Dividend Rating |
| Columbia Banking System (NasdaqGS:COLB) | 5.72% | ★★★★★★ |
| BCB Bancorp (NasdaqGM:BCBP) | 5.16% | ★★★★★★ |
| WesBanco (NasdaqGS:WSBC) | 4.47% | ★★★★★★ |
| Dillard's (NYSE:DDS) | 6.20% | ★★★★★★ |
| Premier Financial (NasdaqGS:PFC) | 4.95% | ★★★★★★ |
| Silvercrest Asset Management Group (NasdaqGM:SAMG) | 4.94% | ★★★★★★ |
| OceanFirst Financial (NasdaqGS:OCFC) | 4.48% | ★★★★★★ |
| OTC Markets Group (OTCPK:OTCM) | 4.69% | ★★★★★★ |
| Chevron (NYSE:CVX) | 4.41% | ★★★★★★ |
| CVB Financial (NasdaqGS:CVBF) | 4.34% | ★★★★★☆ |
Click here to see the full list of 171 stocks from our Top US Dividend Stocks screener.
Let's dive into some prime choices out of the screener.
Norwood Financial
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Norwood Financial Corp., with a market cap of $218.99 million, operates as the bank holding company for Wayne Bank, offering a range of banking products and services.
Operations: Norwood Financial Corp. generates revenue primarily through its Banking and Related Financial Services segment, which accounts for $61.89 million.
Dividend Yield: 4.4%
Norwood Financial has maintained stable and growing dividends over the past decade, with a recent $0.30 per share cash dividend reflecting a 3.5% increase year-over-year. Despite a decline in net income to US$4.21 million for Q2 2024 from US$6.5 million last year, the company’s payout ratio remains reasonable at 73%, supporting its high and reliable dividend yield of 4.41%. Recent buybacks and executive changes indicate strategic adjustments amidst these financial shifts.
CME Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: CME Group Inc., with a market cap of $77.69 billion, operates global contract markets for trading futures and options on futures contracts through its subsidiaries.
Operations: CME Group Inc. generates revenue from unclassified services amounting to $5.79 billion.
Dividend Yield: 4.6%
CME Group's dividend yield of 4.57% ranks in the top 25% of U.S. dividend payers, but its high cash payout ratio (101.6%) suggests sustainability concerns despite a lower earnings payout ratio (49.6%). Dividend payments have been volatile over the past decade, though they have increased overall. Recent news includes a declared Q3 dividend of $1.15 per share and product expansions in cryptocurrency and wheat futures markets, reflecting ongoing growth initiatives amidst financial adjustments.