Best US Dividend Stocks - For High Returns in 2024

The United States is home to some of the most robust and diverse dividend-paying companies in the world, making it a prime destination for dividend investors. With a well-developed financial market, strong corporate governance, and a thriving economy, U.S. companies offer a wide range of opportunities for income-seeking investors. From blue-chip giants like Johnson & Johnson and Procter & Gamble to tech leaders like Apple and Microsoft, U.S. dividend stocks provide a mix of stability, growth, and consistent dividend payouts. We’ll explore the top U.S. dividend stocks, offering insight into why the U.S. remains one of the most attractive markets for building a dividend-focused portfolio.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Johnson & Johnson3.29%79.71%24.48%5.12%0.21%5.83%6.14%
Procter & Gamble2.28%66.12%28.60%7.90%0.29%5.63%4.67%
Coca-Cola3.10%78.28%25.90%10.17%0.40%3.36%5.09%
PepsiCo3.38%75.99%23.15%11.14%0.49%6.63%8.24%
Exxon Mobil3.38%47.99%15.04%1.89%0.14%2.64%4.11%
Chevron4.20%70.19%16.75%1.79%0.10%6.16%4.47%
Microsoft0.69%24.63%36.43%11.46%0.35%10.16%11.14%
Apple0.41%16.25%39.31%64.69%1.38%-19.56%-22.27%
IBM2.80%95.65%34.25%8.96%0.27%1.32%6.01%
McDonald's2.27%58.34%25.99%-41.39%-1.69%8.26%7.16%
Walmart0.65%33.23%39.10%8.73%0.23%1.85%1.95%
3M2.71%55.40%16.69%15.79%0.96%4.81%10.48%
Abbott Laboratories1.90%65.30%34.77%5.04%0.15%12.74%13.80%
AbbVie3.52%212.79%60.85%51.67%0.66%10.52%13.98%
Pfizer6.53%221.76%34.23%1.58%0.05%3.82%5.50%
Merck & Co2.99%63.72%21.49%5.87%0.29%8.26%5.52%
Intel1.79%-13.32%-5.63%0.90%-0.15%-9.22%-1.94%
Cisco Systems2.65%68.09%25.44%5.28%0.21%3.90%11.76%
Verizon6.31%114.26%18.25%1.86%0.10%2.02%2.37%
AT&T4.65%90.45%18.99%1.68%0.09%-11.11%-4.72%
Altria6.91%66.57%9.49%-28.15%-2.72%5.06%7.63%
Philip Morris International4.02%82.53%20.65%-20.94%-0.96%2.74%3.68%
Realty Income5.56%291.48%55.60%1.27%0.02%3.00%3.46%
NextEra Energy2.74%59.48%22.22%3.09%0.14%-15.88%-3.39%
Duke Energy3.69%92.18%20.01%1.76%0.09%2.24%2.77%
Southern3.37%63.19%19.70%2.79%0.15%3.16%3.28%
American Electric Power3.64%71.42%19.90%793.46%0.14%5.90%5.62%
Consolidated Edison3.50%59.16%17.80%1.50%0.09%2.53%2.79%
Dominion Energy4.76%91.87%19.35%1.71%0.09%-4.38%1.73%
General Mills3.66%56.29%15.18%3.93%0.26%2.89%4.76%
Colgate-Palmolive2.10%56.15%26.86%177.13%8.21%2.85%-0.36%
Kimberly-Clark3.62%62.10%17.35%35.20%2.38%3.37%3.83%
Lowe's1.65%37.18%22.62%-11.55%-0.48%19.29%20.25%
Target3.35%46.70%13.98%4.22%0.31%11.59%10.68%
Home Depot2.09%60.05%29.26%73.88%4.47%15.20%18.28%
Walgreens Boots Alliance11.04%-14.59%-0.91%0.75%-0.53%2.71%4.99%
Kraft Heinz5.19%141.82%27.21%0.77%0.03%-8.54%0.00%
LyondellBasell Industries6.90%78.63%11.56%1.81%0.16%4.31%9.46%
QUALCOMM 2.10%36.35%17.54%6.77%0.41%5.33%9.25%
Broadcom1.17%181.24%164.31%12.75%0.09%10.81%36.00%
Amgen3.30%112.70%34.60%19.45%0.68%10.04%16.31%
Eli Lilly0.63%54.12%88.99%52.31%0.65%14.97%8.71%
Bristol-Myers Squibb4.08%-66.20%-16.42%6.95%-0.36%7.34%2.62%
General Electric0.52%12.65%30.72%10.17%0.26%-2.87%-8.65%
Caterpillar1.37%24.61%17.91%9.86%0.58%8.80%11.26%
Deere & Company1.32%19.02%14.82%5.28%0.37%14.19%10.06%
Honeywell International1.93%50.54%25.91%8.46%0.34%6.42%9.52%
Lockheed Martin2.49%45.66%18.25%16.92%0.99%8.18%9.78%
Northrop Grumman1.70%49.22%29.16%4.70%0.16%9.33%11.92%
Raytheon Technologies2.10%67.44%33.34%2.57%0.08%-3.93%0.56%
UPS5.19%95.08%18.91%6.36%0.33%12.23%10.08%
FedEx1.88%31.63%17.16%2.55%0.15%15.01%23.65%
American Tower3.17%276.77%87.14%26.57%0.28%15.41%19.35%
Crown Castle6.15%222.15%36.08%8.37%0.21%7.93%0.00%
Digital Realty Trust2.53%370.16%143.23%2.97%0.02%3.85%4.57%
Public Storage3.59%121.41%30.82%6.08%0.19%8.45%8.83%
Simon Property4.39%108.09%23.69%21.65%0.84%-1.17%4.83%
BlackRock1.96%50.26%25.41%3.75%0.15%10.72%11.52%
JPMorgan Chase1.86%26.69%13.16%2.05%0.16%10.31%11.53%
Goldman Sachs1.92%36.22%16.00%1.61%0.10%27.23%17.75%
Bank of America2.14%40.07%15.48%1.23%0.08%11.24%36.83%
Citigroup3.02%68.31%18.02%0.66%0.04%6.20%48.46%
Wells Fargo &2.02%34.33%13.91%1.37%0.10%-4.54%1.23%
Morgan Stanley2.73%53.87%18.44%1.99%0.11%24.19%32.16%