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 & Johnson3.73%59.38%27.03%5.55%0.21%5.83%6.14%
Procter & Gamble2.93%91.23%40.33%8.03%0.21%5.63%4.67%
Coca-Cola3.46%75.57%28.10%11.58%0.41%3.36%5.09%
PepsiCo3.78%75.99%25.63%12.33%0.49%6.63%8.24%
Exxon Mobil3.15%45.65%15.25%1.94%0.16%2.64%4.11%
Chevron4.24%62.19%14.72%1.73%0.12%6.16%4.47%
Microsoft0.70%24.70%36.05%11.84%0.36%10.16%11.14%
Apple0.42%14.90%35.37%54.05%1.47%-19.56%-22.27%
IBM2.87%72.25%25.35%8.90%0.36%1.32%6.01%
McDonald's2.65%56.79%27.23%-46.89%-1.73%8.26%7.16%
Walmart0.99%41.18%42.42%7.82%0.19%1.85%1.95%
3M3.35%55.40%16.52%15.62%0.96%4.81%10.48%
Abbott Laboratories2.37%48.66%35.20%0.00%0.20%12.74%13.80%
AbbVie4.11%201.82%62.54%49.26%0.57%10.52%13.98%
Pfizer5.79%-360.95%-62.87%1.86%-0.03%4.08%5.50%
Merck & Co3.61%55.64%19.67%6.20%0.34%8.26%5.52%
Intel2.23%216.92%98.03%0.83%0.01%-9.22%-1.94%
Cisco Systems2.81%61.86%22.04%5.00%0.23%3.90%11.76%
Verizon8.07%98.97%15.55%1.82%0.12%2.02%2.37%
AT&T6.45%64.22%12.16%1.47%0.12%-11.11%-4.72%
Altria9.95%67.28%8.47%-28.52%-2.69%5.06%7.63%
Philip Morris International4.00%91.59%23.21%-20.97%-0.87%2.74%3.68%
Realty Income4.88%286.57%65.71%1.43%0.02%3.00%3.46%
NextEra Energy3.02%63.63%27.19%3.50%0.13%-15.88%-3.39%
Duke Energy3.44%75.16%21.55%1.86%0.09%2.24%2.77%
Southern3.05%65.44%22.13%3.14%0.14%3.16%3.28%
American Electric Power3.51%69.60%20.12%2.03%0.10%5.90%5.62%
Consolidated Edison3.12%60.77%20.52%1.70%0.08%2.53%2.79%
Dominion Energy4.45%136.07%30.59%1.86%0.06%-4.38%1.73%
General Mills4.31%56.29%16.11%4.17%0.26%2.89%4.76%
Colgate-Palmolive2.49%56.30%28.77%664.22%11.92%2.85%-0.36%
Kimberly-Clark4.40%95.24%27.31%36.13%1.55%3.37%3.83%
Lowe's1.63%36.59%22.31%-11.23%-0.47%19.29%20.25%
Target2.96%45.29%15.38%4.78%0.33%11.59%10.68%
Home Depot2.20%58.41%26.93%90.01%6.78%15.20%18.28%
Walgreens Boots Alliance11.77%-14.59%-1.05%0.86%-0.53%2.71%4.99%
Kraft Heinz5.61%101.56%22.47%0.88%0.04%-8.54%0.00%
LyondellBasell Industries7.28%71.45%12.57%2.17%0.18%4.31%9.46%
QUALCOMM 1.91%41.69%22.18%7.83%0.37%5.33%9.25%
Broadcom1.17%181.24%164.17%12.74%0.09%-13.53%36.00%
Amgen2.78%150.06%54.84%28.97%0.50%10.04%16.31%
Eli Lilly0.55%59.60%111.55%60.39%0.61%14.97%8.71%
Bristol-Myers Squibb4.60%-73.08%-16.15%6.21%-0.28%7.34%2.62%
General Electric0.52%12.65%30.80%10.19%0.26%-2.87%-8.65%
Caterpillar1.76%23.69%17.19%11.05%0.59%8.80%11.26%
Deere & Company1.45%19.02%13.57%4.84%0.37%14.19%10.06%
Honeywell International1.94%49.88%25.00%8.53%0.35%6.42%9.52%
Lockheed Martin2.73%45.66%20.53%19.03%0.99%8.18%9.78%
Northrop Grumman1.51%50.22%33.56%5.37%0.15%9.33%11.92%
Raytheon Technologies1.94%65.22%34.26%2.73%0.08%-3.93%0.56%
UPS4.96%102.40%21.40%6.60%0.30%12.23%10.08%
FedEx1.96%31.63%16.47%2.45%0.15%15.01%23.65%
American Tower3.69%122.40%41.55%26.82%0.60%15.41%19.35%
Crown Castle7.13%222.15%38.79%9.00%0.21%7.93%0.00%
Digital Realty Trust3.69%142.66%46.99%2.57%0.06%3.85%4.57%
Public Storage4.48%110.79%28.26%6.05%0.21%8.45%8.83%
Simon Property5.71%97.45%21.86%19.29%0.86%-1.17%4.83%
BlackRock2.54%50.12%24.39%3.69%0.15%10.72%11.52%
JPMorgan Chase2.05%19.89%11.92%1.85%0.16%10.31%11.53%
Goldman Sachs2.17%35.64%13.83%1.39%0.10%27.23%17.75%
Bank of America2.93%29.51%15.25%1.21%0.08%11.24%36.83%
Citigroup3.38%68.45%15.87%0.58%0.04%6.20%48.46%
Wells Fargo &2.24%25.54%12.13%1.20%0.10%-4.54%1.23%
Morgan Stanley2.94%39.67%17.93%1.97%0.11%24.19%32.16%