In the current market landscape, dividend-paying stocks present an attractive opportunity for generating passive income. These investments not only provide consistent cash flow but also have the potential for significant capital gains.
Top 3 Dividend Stocks to Buy Now
According to analysts, three stocks stand out this week for investors seeking reliable dividends. Each of these companies carries a “Strong Buy” rating and has been assessed with a Smart Score indicative of their market performance potential.
Key Features of Selected Stocks
- Energy Transfer (ET)
- Industry: Midstream energy
- Dividend Yield: 7.72%
- Smart Score: 8
- Wall Street Analysts Rating: All 10 analysts rate it a “Buy”
- 12-Month Price Target Upside: 39.21%
- Year-to-Date Performance: Down 11.4%
- Viper Energy (VNOM)
- Industry: Oil and gas
- Dividend Yield: 6.52%
- Smart Score: 8
- Wall Street Analysts Rating: All 14 analysts rate it a “Buy”
- 12-Month Price Target Upside: 40.94%
- Year-to-Date Performance: Down 22.7%
- Amcor (AMCR)
- Industry: Packaging solutions
- Dividend Yield: 6.27%
- Smart Score: 9
- Wall Street Analysts Rating: 7 out of 10 analysts rate it a “Buy”
- 12-Month Price Target Upside: 22.45%
- Year-to-Date Performance: Down 9.65%
Investment Insights
These three companies not only provide competitive dividend yields but also demonstrate strong analyst support. Investors looking to enhance their portfolios with smart dividend investments should consider these options. Utilizing tools like TipRanks’ Dividend Calculator can further help in estimating future income based on investment size.
Regular updates and recommendations from the TipRanks Smart Dividends Newsletter can assist investors in making informed decisions. As the market evolves, staying informed about top dividend stocks can significantly improve investment strategies and income potential.
