3 US Dividend Stocks Yielding Up To 7.2%

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The U.S. stock market has recently reached new heights, with the S&P 500 closing at a record high driven by strong performances from chipmakers and companies with significant exposure to China. As investors seek stable returns amid this bullish environment, dividend stocks yielding up to 7.2% offer an attractive option for those looking to benefit from both capital appreciation and regular income. In such a dynamic market, selecting dividend stocks requires careful consideration of factors like consistent payout history, financial stability, and sector performance. Here are three U.S. dividend stocks that stand out for their impressive yields and potential resilience in the current economic landscape.

Top 10 Dividend Stocks In The United States

Name

Dividend Yield

Dividend Rating

WesBanco (NasdaqGS:WSBC)

4.92%

★★★★★★

Columbia Banking System (NasdaqGS:COLB)

5.54%

★★★★★★

Dillard's (NYSE:DDS)

5.31%

★★★★★★

Premier Financial (NasdaqGS:PFC)

5.37%

★★★★★★

Silvercrest Asset Management Group (NasdaqGM:SAMG)

4.74%

★★★★★★

OTC Markets Group (OTCPK:OTCM)

4.72%

★★★★★★

Chevron (NYSE:CVX)

4.59%

★★★★★★

Regions Financial (NYSE:RF)

4.37%

★★★★★★

CVB Financial (NasdaqGS:CVBF)

4.53%

★★★★★★

Virtus Investment Partners (NYSE:VRTS)

4.35%

★★★★★★

Click here to see the full list of 172 stocks from our Top US Dividend Stocks screener.

Here's a peek at a few of the choices from the screener.

Silicon Motion Technology

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

Overview: Silicon Motion Technology Corporation designs, develops, and markets NAND flash controllers for solid-state storage devices globally and has a market cap of approximately $1.92 billion.

Operations: Silicon Motion Technology Corporation generates $774.69 million from developing NAND flash controllers for solid-state storage devices.

Dividend Yield: 3.3%

Silicon Motion Technology offers a mixed outlook for dividend investors. While trading at 42.8% below its estimated fair value and maintaining a low payout ratio of 31.5%, its dividend yield (3.25%) is lower than the top 25% in the US market (4.32%). Despite covering dividends with earnings and cash flows, the company's dividend history has been volatile over the past decade, raising concerns about reliability and sustainability despite recent strong earnings growth and innovative product launches like the SM2508 SSD controller.

NasdaqGS:SIMO Dividend History as at Sep 2024
NasdaqGS:SIMO Dividend History as at Sep 2024

GeoPark

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

Overview: GeoPark Limited is an oil and natural gas exploration and production company operating primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries with a market cap of $413.39 million.

Operations: GeoPark Limited generated $749.47 million from its Oil & Gas - Exploration & Production segment.

Dividend Yield: 7.3%

GeoPark's dividend yield is in the top 25% of US market payers, with a low payout ratio of 28.4% and a cash payout ratio of 21.8%, indicating strong coverage by earnings and cash flows. However, its dividend history over the past five years has been volatile, reflecting an unstable track record. Recent earnings showed a decline in net income despite increased sales, while production results revealed mixed performance with higher oil but significantly lower gas production compared to last year.

NYSE:GPRK Dividend History as at Sep 2024
NYSE:GPRK Dividend History as at Sep 2024

Global Ship Lease

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

Overview: Global Ship Lease, Inc. owns and charters containerships under fixed-rate charters to container shipping companies worldwide, with a market cap of approximately $905.12 million.

Operations: Global Ship Lease, Inc. generates $701.94 million in revenue from its transportation and shipping segment.

Dividend Yield: 6.8%

Global Ship Lease, Inc. has a dividend yield in the top 25% of US market payers, supported by a low payout ratio of 17.2%, indicating strong coverage by earnings and cash flows. Recent actions include declaring a $0.45 per share special dividend and announcing a $300 million term loan to refinance debt, reducing the average cost of debt from 4.57% to 3.98%. However, its nine-year dividend history has been volatile and unreliable despite recent increases in revenue and net income.

NYSE:GSL Dividend History as at Sep 2024
NYSE:GSL Dividend History as at Sep 2024

Where To Now?

  • Click through to start exploring the rest of the 169 Top US Dividend Stocks now.

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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 NasdaqGS:SIMO NYSE:GPRK and NYSE:GSL.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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