The market has been flat over the last week but is up 10.0% over the past year, with earnings expected to grow by 15% per annum. In this environment, dividend stocks yielding at least 3% can offer a reliable income stream and potential stability for investors seeking consistent returns amidst fluctuating market conditions.

Top 10 Dividend Stocks In The United States

Name	Dividend Yield	Dividend Rating
Valley National Bancorp (VLY)	5.07%	★★★★★☆
Universal (UVV)	5.63%	★★★★★★
Southside Bancshares (SBSI)	5.15%	★★★★★☆
Huntington Bancshares (HBAN)	3.91%	★★★★★☆
First Interstate BancSystem (FIBK)	7.13%	★★★★★★
Ennis (EBF)	5.48%	★★★★★★
Dillard's (DDS)	6.42%	★★★★★★
Credicorp (BAP)	5.09%	★★★★★☆
CompX International (CIX)	5.01%	★★★★★★
Columbia Banking System (COLB)	6.41%	★★★★★★

We'll examine a selection from our screener results.

Mercantile Bank (MBWM)

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

Overview: Mercantile Bank Corporation, with a market cap of $712.08 million, operates as the bank holding company for Mercantile Bank, offering commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.

Operations: Mercantile Bank Corporation generates revenue of $222.30 million from its banking products, services, and investment securities.

Dividend Yield: 3.4%

Mercantile Bank offers a stable dividend history with payments increasing over the past decade. The recent quarterly cash dividend of US$0.37 per share marks a 5.7% rise from the previous year, supported by a low payout ratio of 30%, indicating coverage by earnings. Despite trading at good value and below fair value estimates, its dividend yield of 3.37% is lower than top-tier US dividend payers. Recent shelf registration filings may impact future capital strategies.

WaFd (WAFD)

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

Overview: WaFd, Inc. is the bank holding company for Washington Federal Bank, offering lending, depository, insurance, and other banking services in the United States with a market cap of approximately $2.26 billion.

Operations: WaFd, Inc.'s revenue is primarily derived from its Banking and Financial Services segment, which generated $729.80 million.

Dividend Yield: 3.8%

WaFd provides a stable dividend history, with payments increasing over the past decade. The recent quarterly cash dividend of US$0.27 per share reflects consistent payouts supported by a low payout ratio of 40.1%, ensuring coverage by earnings. Although trading at 46.9% below fair value and offering good relative value, its yield of 3.83% is below top-tier US dividend payers. Recent net charge-offs increased significantly, which may affect future financial stability and capital allocation strategies.

Webster Financial (WBS)

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

Overview: Webster Financial Corporation, with a market cap of approximately $8.75 billion, operates as the bank holding company for Webster Bank, National Association, offering a range of financial products and services to businesses, individuals, and families in the United States.

Operations: Webster Financial Corporation generates revenue through its Consumer Banking segment ($914.89 million), Healthcare Financial Services ($485.69 million), and Commercial Banking, including Private Banking ($1.46 billion).

Dividend Yield: 3.1%

Webster Financial maintains a stable dividend history with consistent payments over the past decade, recently declaring a quarterly cash dividend of US$0.40 per share. The payout ratio remains low at 36%, indicating strong earnings coverage. Although trading at 62.6% below estimated fair value, its 3.08% yield falls short of top-tier US dividend payers. Recent share buybacks totaling US$776.93 million reflect capital return initiatives despite increased net charge-offs potentially impacting financial stability.

Summing It All Up

• Unlock our comprehensive list of 151 Top US Dividend Stocks by clicking here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.

Want To Explore Some Alternatives?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

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.