As the U.S. stock market continues its rally, with the S&P 500 and Dow Jones Industrial Average reaching record highs, investors are increasingly looking for stable sources of income amidst this bullish environment. In such a climate, dividend stocks can offer a reliable stream of income by providing regular payouts while potentially benefiting from capital appreciation in a rising market.

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 take a closer look at a couple of our picks from the screened companies.

Norwood Financial

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

Overview: Norwood Financial Corp. is the bank holding company for Wayne Bank, offering a range of banking products and services, with a market cap of $221.97 million.

Operations: Norwood Financial Corp. generates its revenue primarily from banking and related financial services, amounting to $61.89 million.

Dividend Yield: 4.3%

Norwood Financial offers a stable dividend history with consistent growth over the past decade, maintaining a reasonable payout ratio of 73%. Recently, the company declared a US$0.30 per share cash dividend, marking a 3.5% increase from the previous year. However, net profit margins have declined from 36.2% to 21.2%, and earnings per share have decreased compared to last year, potentially impacting future dividend sustainability despite current reliability.

• Dive into the specifics of Norwood Financial here with our thorough dividend report.
• The valuation report we've compiled suggests that Norwood Financial's current price could be inflated.

Huntington Bancshares

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

Overview: Huntington Bancshares Incorporated is a bank holding company for The Huntington National Bank, offering commercial, consumer, and mortgage banking services in the United States with a market cap of approximately $21.39 billion.

Operations: Huntington Bancshares' revenue is primarily derived from its Consumer & Regional Banking segment, generating $4.86 billion, and its Commercial Banking segment, contributing $2.58 billion.

Dividend Yield: 4.1%

Huntington Bancshares maintains a stable dividend history with consistent growth over the past decade. The company recently declared a US$0.155 per share cash dividend, maintaining its previous payout level. Despite a slight decline in net income to US$474 million for Q2 2024, dividends remain covered by earnings with a 58.1% payout ratio. Although the dividend yield of 4.15% is below top-tier levels, it is considered reliable and sustainable moving forward.

• Unlock comprehensive insights into our analysis of Huntington Bancshares stock in this dividend report.
• Our expertly prepared valuation report Huntington Bancshares implies its share price may be lower than expected.

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 $356.99 million.

Operations: CompX International Inc.'s revenue is derived from two main segments: Security Products, generating $126.27 million, and Marine Components, contributing $31.11 million.

Dividend Yield: 3.9%

CompX International offers a stable dividend, supported by a 64.3% payout ratio and 56.5% cash payout ratio, ensuring coverage from earnings and cash flows. Its dividend has been reliable and growing over the past decade, though its yield of 3.92% is below the top quartile in the US market. Recent announcements include a regular quarterly dividend of $0.30 per share and a special $2.00 per share dividend, highlighting strong shareholder returns despite slight sales declines this year.

• Click here to discover the nuances of CompX International with our detailed analytical dividend report.
• The valuation report we've compiled suggests that CompX International's current price could be quite moderate.

Make It Happen

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Ready For A Different Approach?

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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 NasdaqGM:NWFL NasdaqGS:HBAN and NYSEAM:CIX.

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