Stable Returns in Uncertain Times: 3 Dividend-Paying Stocks to Consider
As the market navigates uncertainty, investors are seeking stable returns. Dividend-paying stocks can provide a cushion against market volatility. To identify the right dividend stocks, it’s essential to consider insights from top Wall Street analysts.
Telecommunications Giant Offers Attractive Yield
AT&T (T) is a telecommunications company that recently announced a quarterly dividend of $0.2775 per share, payable on February 3. The stock offers a dividend yield of nearly 5%. Argus Research analyst Joseph Bonner upgraded AT&T stock to buy from hold, citing the company’s strategy and long-term financial goals. Bonner expects AT&T’s cost-saving efforts, network modernization, and revenue acceleration to drive future growth and shareholder returns.
Independent Oil and Gas Company with Impressive Capital Returns
Chord Energy (CHRD) is an independent oil and gas company operating in the Williston Basin. The company aims to return more than 75% of its free cash flow to shareholders. Mizuho analyst William Janela reiterated a buy rating on the stock, citing Chord Energy’s enhanced capital efficiencies and defensive balance sheet. Janela expects the company to show improved scale and high-quality inventory in the Bakken basin following the Enerplus acquisition.
Permian Basin Focus Yields Attractive Dividend
Diamondback Energy (FANG) is an independent oil and natural gas company focused on reserves in the Permian Basin. The company paid a base dividend of 90 cents a share for Q3 2024. Mizuho analyst Nitin Kumar expects FANG to report strong Q4 2024 results, driven by its superior cost control and unit margins. Kumar reaffirmed a buy rating on FANG stock, highlighting the company’s leadership in cash return payouts and high base dividend yield.
These three dividend-paying stocks offer investors a chance to navigate uncertain market conditions while generating stable returns. By considering insights from top Wall Street analysts, investors can make informed decisions and add these solid dividend stocks to their portfolios.
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