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 & Johnson3.99%79.71%25.29%5.29%0.21%5.83%6.14%
Procter & Gamble2.91%66.12%28.10%7.76%0.29%5.63%4.67%
Coca-Cola3.83%78.28%25.92%10.18%0.40%3.36%5.09%
PepsiCo4.21%75.99%23.00%11.06%0.49%6.63%8.24%
Exxon Mobil3.24%47.99%15.71%1.92%0.14%2.64%4.11%
Chevron4.09%70.19%17.23%1.84%0.10%6.16%4.47%
Microsoft0.54%24.63%34.31%10.79%0.35%10.16%11.14%
Apple0.54%16.25%36.95%60.82%1.38%-19.56%-22.27%
IBM3.17%95.65%30.25%7.91%0.27%1.32%6.01%
McDonald's2.87%58.34%25.27%-40.25%-1.69%8.26%7.16%
Walmart0.94%33.23%35.38%7.90%0.23%1.85%1.95%
3M2.82%55.40%16.08%15.20%0.96%4.81%10.48%
Abbott Laboratories2.35%65.30%35.23%5.10%0.15%12.74%13.80%
AbbVie4.65%212.79%57.53%48.85%0.66%10.52%13.98%
Pfizer10.04%221.76%33.39%1.54%0.05%3.82%5.50%
Merck & Co3.99%63.72%20.12%5.49%0.29%8.26%5.52%
Intel1.55%-13.32%-6.51%1.04%-0.15%-9.22%-1.94%
Cisco Systems2.79%68.09%24.22%5.02%0.21%3.90%11.76%
Verizon7.99%114.26%18.06%1.84%0.10%2.02%2.37%
AT&T6.10%90.45%18.08%1.60%0.09%-11.11%-4.72%
Altria8.92%66.57%9.25%-27.43%-2.72%5.06%7.63%
Philip Morris International4.05%82.53%20.49%-20.78%-0.96%2.74%3.68%
Realty Income5.45%291.48%56.60%1.29%0.02%3.00%3.46%
NextEra Energy3.28%59.48%22.77%3.16%0.14%-15.88%-3.39%
Duke Energy3.65%92.18%20.28%1.78%0.09%2.24%2.77%
Southern3.24%63.19%20.51%2.91%0.15%3.16%3.28%
American Electric Power4.66%71.42%19.57%780.44%0.14%5.90%5.62%
Consolidated Edison3.42%59.16%18.21%1.53%0.09%2.53%2.79%
Dominion Energy4.64%91.87%19.84%1.76%0.09%-4.38%1.73%
General Mills4.75%56.29%14.64%3.79%0.26%2.89%4.76%
Colgate-Palmolive2.65%56.15%26.68%175.97%8.21%2.85%-0.36%
Kimberly-Clark4.47%62.10%17.46%35.43%2.38%3.37%3.83%
Lowe's2.18%37.18%21.49%-10.97%-0.48%19.29%20.25%
Target2.13%45.29%16.08%5.00%0.33%11.59%10.68%
Home Depot2.17%60.05%27.59%69.67%4.47%15.20%18.28%
Walgreens Boots Alliance11.55%-14.59%-0.87%0.72%-0.53%2.71%4.99%
Kraft Heinz6.54%141.82%27.01%0.77%0.03%-8.54%0.00%
LyondellBasell Industries7.93%78.63%12.44%1.95%0.16%4.31%9.46%
QUALCOMM 2.00%36.35%18.11%6.99%0.41%5.33%9.25%
Broadcom1.59%181.24%151.33%11.74%0.09%-13.53%36.00%
Amgen3.21%112.70%35.54%19.97%0.68%10.04%16.31%
Eli Lilly0.71%54.12%78.55%46.17%0.65%14.97%8.71%
Bristol-Myers Squibb4.23%-66.20%-15.87%6.72%-0.36%7.34%2.62%
General Electric0.52%12.65%31.07%10.28%0.26%-2.87%-8.65%
Caterpillar1.79%24.61%17.34%9.54%0.58%8.80%11.26%
Deere & Company1.47%19.02%13.35%4.76%0.37%14.19%10.06%
Honeywell International1.91%50.54%26.12%8.53%0.34%6.42%9.52%
Lockheed Martin2.95%45.66%18.97%17.59%0.99%8.18%9.78%
Northrop Grumman1.60%49.22%30.23%4.87%0.16%9.33%11.92%
Raytheon Technologies2.08%67.44%33.62%2.60%0.08%-3.93%0.56%
UPS4.89%95.08%20.10%6.76%0.33%12.23%10.08%
FedEx2.27%31.63%17.67%2.63%0.15%15.01%23.65%
American Tower4.07%276.77%84.64%25.81%0.28%15.41%19.35%
Crown Castle7.49%222.15%37.01%8.58%0.21%7.93%0.00%
Digital Realty Trust3.26%370.16%139.20%2.89%0.02%3.85%4.57%
Public Storage4.48%121.41%30.87%6.09%0.19%8.45%8.83%
Simon Property5.50%108.09%23.79%21.74%0.84%-1.17%4.83%
BlackRock2.47%50.12%25.05%3.79%0.15%10.72%11.52%
JPMorgan Chase1.89%26.69%12.93%2.01%0.16%10.31%11.53%
Goldman Sachs1.94%36.22%15.51%1.56%0.10%27.23%17.75%
Bank of America2.67%40.07%15.37%1.22%0.08%11.24%36.83%
Citigroup3.99%68.31%17.13%0.62%0.04%6.20%48.46%
Wells Fargo &2.59%34.33%13.74%1.36%0.10%-4.54%1.23%
Morgan Stanley3.38%53.87%18.76%2.03%0.11%24.19%32.16%