US Dividend Stocks Spotlight Featuring Three Top Picks

As the U.S. stock market continues to soar with the S&P 500 and Dow Jones Industrial Average reaching record highs, investors are increasingly looking towards dividend stocks as a stable source of income amidst this bullish trend. In such an environment, selecting dividend stocks that offer consistent payouts and potential for growth can be a prudent strategy for those seeking to benefit from both capital appreciation and regular income streams.

Click here to see the full list of 136 stocks from our Top US Dividend Stocks screener.

Let’s dive into some prime choices out of the screener.

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

Overview: First Busey Corporation, with a market cap of approximately $1.55 billion, operates as the bank holding company for Busey Bank, providing retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Operations: First Busey Corporation’s revenue segments include Banking at $385.10 million, Firs Tech at $23.54 million, and Wealth Management at $61.82 million.

Dividend Yield: 3.5%

First Busey offers a stable dividend history with payments reliably increasing over the past decade, supported by a manageable payout ratio of 48.5%. The company’s recent financial performance shows steady net interest income growth, though overall net income has decreased year-to-date. Despite shareholder dilution last year, First Busey completed a significant share buyback program and declared consistent quarterly dividends. While its current yield of 3.52% is below top-tier levels, it remains an attractive option for dividend stability.

• Dive into the specifics of First Busey here with our thorough dividend report.

• Our expertly prepared valuation report First Busey implies its share price may be lower than expected.

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

Overview: PCB Bancorp is the bank holding company for PCB Bank, offering a range of banking products and services to small to medium-sized businesses, individuals, and professionals in Southern California, with a market cap of $305.47 million.