3 Dividend Stocks To Consider With Up To 6.1% Yield

As the U.S. equities market experiences a pause in its recovery from a recent selloff, with major indices like the Dow Jones and S&P 500 facing declines, investors are increasingly seeking stability amidst economic uncertainties. In such volatile times, dividend stocks can offer a reliable income stream and potential for long-term growth, making them an attractive option for those looking to navigate current market conditions.

Top 10 Dividend Stocks In The United States

Click here to see the full list of 155 stocks from our Top US Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Citizens Financial Services

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

Overview: Citizens Financial Services, Inc., a bank holding company, offers a range of banking products and services to individual, business, governmental, and institutional clients with a market cap of $270.67 million.

Operations: Citizens Financial Services generates its revenue primarily through community banking, amounting to $99.27 million.

Dividend Yield: 3.4%

Citizens Financial Services offers a stable dividend with a 3.39% yield, supported by a low payout ratio of 33.3%, ensuring sustainability. The company has consistently increased dividends over the past decade, maintaining reliability and growth. Recent earnings show strong performance, with net income rising to US$27.82 million for the full year ending December 2024, indicating robust financial health that supports continued dividend payments. Currently trading below estimated fair value enhances its investment appeal for dividend-focused portfolios.

• Delve into the full analysis dividend report here for a deeper understanding of Citizens Financial Services.
• Our comprehensive valuation report raises the possibility that Citizens Financial Services is priced lower than what may be justified by its financials.

Central Pacific Financial

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

Overview: Central Pacific Financial Corp. is a bank holding company for Central Pacific Bank, offering a variety of commercial banking products and services to businesses, professionals, and individuals in the United States, with a market cap of approximately $735.11 million.

Operations: Central Pacific Financial Corp. generates its revenue primarily from its banking segment, which amounts to $240.58 million.

Dividend Yield: 4%

Central Pacific Financial provides a steady dividend yield of 3.99%, although it trails the top quartile of US dividend payers. The company's dividends have grown consistently over the past decade, with a stable payout ratio of 52.7% ensuring sustainability. Recent executive changes, including new CFO Dayna Matsumoto, might influence strategic direction. Despite lower net income in 2024 compared to the previous year, dividends remain well-covered by earnings and are projected to stay sustainable long-term.

• Click to explore a detailed breakdown of our findings in Central Pacific Financial's dividend report.
• Our valuation report here indicates Central Pacific Financial may be undervalued.

Sila Realty Trust

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

Overview: Sila Realty Trust, Inc., based in Tampa, Florida, is a net lease real estate investment trust specializing in the healthcare sector with a market cap of approximately $1.41 billion.

Operations: Sila Realty Trust, Inc. generates revenue primarily from its commercial real estate investments in the healthcare sector, amounting to $186.86 million.

Dividend Yield: 6.1%

Sila Realty Trust's dividend yield of 6.11% ranks in the top quartile among US dividend payers, supported by a payout ratio of 64.9%. Despite this, its dividend history is unstable with recent volatility and reductions over its four-year payment period. The company has recently shifted to quarterly dividends, declaring $0.40 per share for March 2025. Earnings have improved significantly, and a new $600 million credit facility enhances financial flexibility for future growth initiatives.

• Get an in-depth perspective on Sila Realty Trust's performance by reading our dividend report here.
• Insights from our recent valuation report point to the potential overvaluation of Sila Realty Trust shares in the market.

Key Takeaways

• Reveal the 155 hidden gems among our Top US Dividend Stocks screener with a single click here.
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Contemplating Other Strategies?

• 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.

Companies discussed in this article include NasdaqCM:CZFS NYSE:CPF and NYSE:SILA.

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