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 & Johnson3.35%79.71%24.04%5.03%0.21%5.83%6.14%
Procter & Gamble2.32%66.12%28.15%7.77%0.29%5.63%4.67%
Coca-Cola3.07%78.28%26.14%10.26%0.40%3.36%5.09%
PepsiCo3.37%75.99%23.18%11.15%0.49%6.63%8.24%
Exxon Mobil3.46%47.99%14.68%1.84%0.14%2.64%4.11%
Chevron4.24%70.19%16.61%1.77%0.10%6.16%4.47%
Microsoft0.69%24.63%36.87%11.60%0.35%10.16%11.14%
Apple0.40%16.25%39.90%65.67%1.38%-19.56%-22.27%
IBM2.90%95.65%33.11%8.66%0.27%1.32%6.01%
McDonald's2.29%58.34%25.78%-41.06%-1.69%8.26%7.16%
Walmart0.88%33.23%38.50%8.60%0.23%1.85%1.95%
3M2.78%55.40%16.29%15.41%0.96%4.81%10.48%
Abbott Laboratories1.94%65.30%34.10%4.94%0.15%12.74%13.80%
AbbVie3.58%212.79%59.88%50.84%0.66%10.52%13.98%
Pfizer6.57%221.76%34.03%1.57%0.05%3.82%5.50%
Merck & Co2.26%63.72%21.26%5.80%0.29%8.26%5.52%
Intel1.84%-13.32%-5.47%0.88%-0.15%-9.22%-1.94%
Cisco Systems2.71%68.09%24.90%5.17%0.21%3.90%11.76%
Verizon6.32%114.26%18.21%1.85%0.10%2.02%2.37%
AT&T4.70%90.45%18.79%1.66%0.09%-11.11%-4.72%
Altria7.21%66.57%9.09%-26.97%-2.72%5.06%7.63%
Philip Morris International4.15%82.53%20.03%-20.31%-0.96%2.74%3.68%
Realty Income5.65%291.48%54.78%1.25%0.02%3.00%3.46%
NextEra Energy2.80%59.48%21.75%3.02%0.14%-15.88%-3.39%
Duke Energy3.80%92.18%19.43%1.71%0.09%2.24%2.77%
Southern3.44%63.19%19.33%2.74%0.15%3.16%3.28%
American Electric Power3.74%71.42%19.39%1.91%0.10%5.90%5.62%
Consolidated Edison3.58%59.16%17.40%1.47%0.09%2.53%2.79%
Dominion Energy4.94%91.87%18.66%1.65%0.09%-4.38%1.73%
General Mills3.57%56.29%15.56%4.03%0.26%2.89%4.76%
Colgate-Palmolive2.12%56.15%26.63%175.65%8.21%2.85%-0.36%
Kimberly-Clark3.72%62.10%16.91%34.31%2.38%3.37%3.83%
Lowe's1.72%37.18%21.71%-11.08%-0.48%19.29%20.25%
Target3.30%46.70%14.21%4.29%0.31%11.59%10.68%
Home Depot2.14%60.05%28.58%72.17%4.47%15.20%18.28%
Walgreens Boots Alliance11.30%-14.59%-0.89%0.73%-0.53%2.71%4.99%
Kraft Heinz5.05%141.82%27.99%0.79%0.03%-8.54%0.00%
LyondellBasell Industries6.96%78.63%11.45%1.79%0.16%4.31%9.46%
QUALCOMM 2.11%36.35%17.43%6.73%0.41%5.33%9.25%
Broadcom0.94%166.48%178.43%15.54%0.09%10.81%36.00%
Amgen3.33%112.70%34.36%19.31%0.68%10.04%16.31%
Eli Lilly0.66%54.12%84.95%49.93%0.65%14.97%8.71%
Bristol-Myers Squibb4.09%-66.20%-16.40%6.95%-0.36%7.34%2.62%
General Electric0.55%12.65%29.05%9.61%0.26%-2.87%-8.65%
Caterpillar1.42%24.61%17.26%9.50%0.58%8.80%11.26%
Deere & Company1.34%22.61%17.19%5.34%0.31%14.19%10.06%
Honeywell International1.92%50.54%26.05%8.51%0.34%6.42%9.52%
Lockheed Martin2.58%45.66%17.60%16.32%0.99%8.18%9.78%
Northrop Grumman1.68%49.22%29.55%4.76%0.16%9.33%11.92%
Raytheon Technologies2.11%67.44%33.27%2.57%0.08%-3.93%0.56%
UPS5.06%95.08%19.38%6.51%0.33%12.23%10.08%
FedEx1.91%31.63%17.09%2.54%0.15%15.01%23.65%
American Tower3.33%276.77%82.96%25.29%0.28%15.41%19.35%
Crown Castle6.45%222.15%34.40%7.98%0.21%7.93%0.00%
Digital Realty Trust2.64%370.16%137.54%2.86%0.02%3.85%4.57%
Public Storage3.78%121.41%29.31%5.79%0.19%8.45%8.83%
Simon Property4.45%108.09%23.96%21.89%0.84%-1.17%4.83%
BlackRock1.93%50.26%25.74%3.80%0.15%10.72%11.52%
JPMorgan Chase1.92%26.69%12.76%1.98%0.16%10.31%11.53%
Goldman Sachs1.96%36.22%15.62%1.57%0.10%27.23%17.75%
Bank of America2.19%40.07%15.12%1.20%0.08%11.24%36.83%
Citigroup3.07%68.31%17.73%0.65%0.04%6.20%48.46%
Wells Fargo &2.13%34.33%13.18%1.30%0.10%-4.54%1.23%
Morgan Stanley2.79%53.87%18.07%1.95%0.11%24.19%32.16%