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.
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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 5%.
Here are this week’s stocks:
Golub Capital (GBDC) – Golub Capital provides financing solutions and manages credit assets, focusing on middle-market companies. The stock has a high dividend yield of 10.78% and a Smart Score of “Perfect 10.” 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 about 5%.
Rithm Capital (RITM) – This is a financial services firm that focuses on investments in real estate, mortgage servicing, and related sectors. The stock has a dividend yield of 8.81% and a Smart Score of “Perfect 10.” In the last three months, all four Wall Street analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 31%.
AES (AES) – AES is a global energy company. The stock carries a dividend yield of 5.75% and a Smart Score of “Perfect 10.” Interestingly, ten out of the twelve Wall Street analysts covering AES stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 54%.
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.
