3 Dividend Stocks In The US With Up To 4.6% Yield (2024)

In a week marked by significant declines in major U.S. indices and disappointing economic data, investors are increasingly looking for stable income sources amidst market volatility. Dividend stocks, known for their ability to provide consistent returns through regular payouts, can be especially appealing in such uncertain times.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 180 stocks from our Top US Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

SB Financial Group

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

Overview: SB Financial Group, Inc. (NasdaqCM:SBFG) operates as the financial holding company for the State Bank and Trust Company, offering commercial banking and wealth management services in Ohio, Indiana, and Michigan with a market cap of $113.31 million.

Operations: SB Financial Group, Inc. generates revenue through its commercial banking and wealth management services provided to individual and corporate clients in Ohio, Indiana, and Michigan.

Dividend Yield: 3.3%

SB Financial Group's dividend payments have grown and remained stable over the past decade, with a current yield of 3.33%. Despite trading at 56.3% below estimated fair value and offering good relative value compared to peers, earnings are forecasted to decline by 10% annually over the next three years. The company's recent Q2 results showed marginal increases in net income and earnings per share, though it was dropped from several Russell indices in July 2024.

• Click here to discover the nuances of SB Financial Group with our detailed analytical dividend report.

• Our expertly prepared valuation report SB Financial Group implies its share price may be lower than expected.

John B. Sanfilippo & Son

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

Overview: John B. Sanfilippo & Son, Inc., with a market cap of approximately $1.21 billion, processes and distributes tree nuts and peanuts in the United States through its subsidiary JBSS Ventures, LLC.

Operations: The company's revenue primarily comes from selling various nut and nut-related products, amounting to $1.03 billion.

Dividend Yield: 4.3%

John B. Sanfilippo & Son's dividend yield of 4.31% is slightly below the top 25% of US dividend payers, but its low payout ratio (14.3%) ensures dividends are well-covered by earnings and cash flows (54.3%). Despite a volatile track record over the past decade, recent announcements include a regular annual dividend of $0.85 per share and a special dividend of $1.25 per share, totaling approximately US$24.6 million to be paid on September 11, 2024.

• Navigate through the intricacies of John B. Sanfilippo & Son with our comprehensive dividend report here.

• In light of our recent valuation report, it seems possible that John B. Sanfilippo & Son is trading behind its estimated value.

UMH Properties

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

Overview: UMH Properties, Inc., a public equity REIT organized in 1968, owns and operates 135 manufactured home communities with approximately 25,800 developed homesites and has a market cap of $1.29 billion.

Operations: UMH Properties generates $225.36 million from the ownership and operation of its manufactured home communities.

Dividend Yield: 4.7%

UMH Properties recently affirmed its quarterly cash dividend of $0.215 per share, payable on September 16, 2024. While the company's annual dividend rate of $0.86 per share has been stable and growing over the past decade, its high payout ratio (125.9%) indicates dividends are not well-covered by earnings. However, with a reasonably low cash payout ratio (48.1%), dividends are supported by cash flows. UMH's dividend yield of 4.68% ranks in the top 25% of US market payers.

• Delve into the full analysis dividend report here for a deeper understanding of UMH Properties.

• Upon reviewing our latest valuation report, UMH Properties' share price might be too pessimistic.

Key Takeaways

• Unlock more gems! Our Top US Dividend Stocks screener has unearthed 177 more companies for you to explore.Click here to unveil our expertly curated list of 180 Top US Dividend Stocks.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqCM:SBFG NasdaqGS:JBSS and NYSE:UMH.

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