Welcome to Extreme Investor Network, where we provide unique insights and analysis on all things investing. Today, we are diving into the world of dividend-paying stocks and how they could outperform in light of the expected interest rate cuts by the Federal Reserve in September.
As interest rates decline, the dividend yields on stocks become more attractive compared to other income-generating assets like bonds. But with a vast universe of companies paying dividends, how do investors choose the right stocks? One strategy is to follow the recommendations of top analysts to select dividend stocks with strong financials.
Here are three dividend stocks that have been highlighted by Wall Street’s top pros on TipRanks, a platform that ranks analysts based on their past performance.
1. EPR Properties (EPR): EPR Properties is a real estate investment trust focused on experiential properties such as movie theaters, amusement parks, and ski resorts. With a dividend yield of 7.3%, this stock has caught the attention of RBC Capital analyst Michael Carroll, who recently upgraded his rating to buy from hold. Carroll believes that EPR has weathered tough operating conditions and is poised for favorable results in the future. He also noted that the company’s high dividend yield is well-protected by its strong financials.
2. Energy Transfer (ET): Energy Transfer, a limited partnership in the midstream energy sector, offers a dividend yield of 8%. Stifel analyst Selman Akyol is bullish on the company’s growth opportunities, particularly in supplying natural gas to data centers. Akyol reaffirmed a buy rating on ET stock with a price target of $19, highlighting the company’s positioning in the market.
3. Walmart (WMT): The retail giant Walmart has impressed investors with its strong performance and dividend payouts. Baird analyst Peter Benedict reiterated a buy rating on Walmart, praising the company’s market share gains and transformation efforts. Walmart recently increased its dividend by 9%, marking its 51st consecutive year of dividend hikes.
By following the insights of top analysts like Carroll, Akyol, and Benedict, investors can make informed decisions on attractive dividend stocks with potential for long-term growth. Stay tuned to Extreme Investor Network for more exclusive insights and analysis on investing in today’s market.