A strong fourth-quarter earnings season is underway, and it’s time for dividend-paying companies to shine.
Resilient dividend-paying companies can offer long-term growth potential and steady income. Investors ought to consider the insight of top Wall Street pros as they hunt for dividend stocks with solid fundamentals.
Here are three attractive dividend stocks, according to Wall Street’s top experts on TipRanks, a platform that ranks analysts based on their past performance.
Verizon Communications
First up is telecom giant Verizon Communications (VZ), which recently reported its fourth-quarter results and impressed investors with the robust jump in wireless postpaid phone subscriber additions.
In 2023, the company raised its dividend for the 17th consecutive year. Verizon’s quarterly dividend of $0.665 per share (annualized dividend of $2.66), reflects a yield of 6.7%.
Following Verizon’s Q4 results, Tigress Financial analyst Ivan Feinsethreiterated a buy rating on the stock and increased the price target to $50 per share from $45. The analyst …