Dividend-paying stocks are a great way to generate passive income and can be considered a safe bet in the current uncertain market situation. Furthermore, these stocks have the potential to generate notable capital gains.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Leveraging the TipRanks’ Best Dividend Stocks Screener, we have identified three stocks with Strong Buy ratings from analysts. Further, they boast an Outperform Smart Score (i.e. 8, 9, or 10) on TipRanks. The Smart Score evaluates eight factors to gauge a stock’s potential to outperform the broader market. Additionally, these stocks have a dividend yield of over 10%.
Here are this week’s stocks:
Nuveen Churchill Direct Lending (NCDL) – This business development company invests in senior secured loans to private equity-owned U.S. middle market companies. The stock has a high dividend yield of 11.08% and a Smart Score of “Perfect 10.” Interestingly, three out of the four Wall Street analysts covering NCDL stock have rated it a Buy, with their 12-month consensus price target indicating an upside of over 11%.
Saratoga Investment (SAR) – Saratoga provides financing to middle-market companies, with a focus on sectors like healthcare and technology. The stock has a dividend yield of 12.1% and a Smart Score of “Perfect 10.” Further, all three Wall Street analysts covering SAR stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 9%.
Golub Capital (GBDC) – Golub Capital is a private credit asset management firm that provides middle-market and direct lending solutions. The stock has a high dividend yield of 8.99% and a Smart Score of nine. Interestingly, three out of the four Wall Street analysts covering GBDC stock have rated it a Buy, with their 12-month consensus price target indicating an upside of over 6%.
What Is Tipranks’ Smart Dividend Newsletter?
TipRanks Smart Dividends Newsletter delivers a weekly high-quality dividend stock recommendation, backed by detailed analysis and up-to-date market insights. A well-chosen dividend stock can enhance your income investment portfolio and potentially yield long-term returns.
For a complete list of dividend stocks and their payout dates, check out the TipRanks Dividend Calendar.
