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Top Dividend Stocks To Consider In June 2024

In the current economic environment in the United States, investors are looking for stable returns amidst market volatility. Dividend stocks are gaining popularity for their ability to provide regular income, making them an attractive option for those seeking consistent performance.

Here are the top 10 dividend stocks in the United States:

1. Columbia Banking System (NasdaqGS:COLB) – 7.73% dividend yield
2. Resources Connection (NasdaqGS:RGP) – 5.29% dividend yield
3. Silvercrest Asset Management Group (NasdaqGM:SAMG) – 5.08% dividend yield
4. Regions Financial (NYSE:RF) – 5.06% dividend yield
5. Huntington Bancshares (NasdaqGS:HBAN) – 4.98% dividend yield
6. Dillard’s (NYSE:DDS) – 4.93% dividend yield
7. Citizens Financial Group (NYSE:CFG) – 4.83% dividend yield
8. CompX International (NYSEAM:CIX) – 5.45% dividend yield
9. CVB Financial (NasdaqGS:CVBF) – 4.84% dividend yield
10. Evans Bancorp (NYSEAM:EVBN) – 4.84% dividend yield

Ennis, Inc. is one of the top picks from the dividend stocks screener tool. With a dividend yield of 4.5%, Ennis has maintained a stable dividend payout and recently affirmed a quarterly cash dividend of US$0.25 per share. Despite a slight decrease in sales and net income, the dividends appear sustainable with a cash payout ratio of 40.6% and an earnings payout ratio of 46.7%.

Regions Financial Corporation is another top dividend stock with a dividend yield of 5.1%. Over the last decade, Regions Financial has shown consistent growth and stability in its dividends, supported by a payout ratio of 49.6%. The company’s financial health is strong, with potential undervaluation in its stock price.

X Financial, a Chinese company offering personal finance services, has a dividend yield of 7.5%. Despite recent growth in revenue and net income, the company’s dividend history is short and volatile, reflecting potential risks in sustainability and reliability of future payouts.

Investors can explore the full list of 210 top dividend stocks and monitor their portfolio with Simply Wall St’s tools. It is important to note that the information provided in this article is based on historical data and analyst forecasts, and does not constitute financial advice.

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