Amcor (AMCR), Realty Income (O), and Kimberly-Clark (KMB) are the three high-yield dividend aristocrat stocks to buy, according to TipRanks’ Dividend Aristocrat tool. The stocks have at least a Buy rating on Wall Street, with the least of the trio offering 5.15% in yield.
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Dividend aristocrats are S&P 500 companies that have increased their dividend payments annually for a minimum of 25 straight years. This consistency makes them highly sought after by investors looking for a source of steady income.
Why These Dividend Aristocrats?
According to Wall Street analysts, the three stocks listed below are worth buying. The least of the trio currently has a dividend payout ratio of at least 68.03%, meaning that the company recently distributed more than half of its net earnings to shareholders as dividends. Furthermore, each company currently has a Buy rating based on consensus from top analysts or broader Wall Street agreement, with significant upside potential.
Be sure to click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Here are today’s top dividend aristocrat stock picks from TipRanks.
- Amcor (AMCR) — Amcor is one of the world’s largest packaging companies focused on making flexible and rigid packaging products, including polymer, aluminum, and fiber-based films as well as containers and closures. The Zurich-based company currently has a dividend payout ratio of 68.03%. AMCR paid 65 cents per share in its last dividend issuance, with a dividend yield of 6.45%. Its shares currently carry a Strong Buy consensus rating from the top four analysts that cover it, with an average price target of $49 that implies about 22% upside.
- Realty Income (O) — Realty Income is a real estate investment trust that operates a vast portfolio of real estate properties owned under long-term lease agreements with commercial clients. It provides dependable monthly income to its investors. The California-based company currently has a dividend payout ratio of 530.33%. O paid 27 cents per share in its last dividend issuance, with a dividend yield of 5.22%. Its shares currently carry a Moderate Buy consensus rating from the top eight analysts that cover it, with an average price target of $69.69 that suggests about 12% upside.
- Kimberly-Clark (KMB) — Kimberly-Clark is a personal care and consumer tissue manufacturer. The Texas-based company currently has a dividend payout ratio of 133.69%. KMB paid $1.28 per share in its last dividend issuance, with a dividend yield of 5.15%. KMB stock also currently holds a Moderate Buy consensus rating from the three top Wall Street analysts that cover it. This comes with an average price target of $107, which implies roughly 11% upside.
More on Dividend Aristocrats
Some market watchers extend the dividend aristocrat label to recent spin-offs if their parent companies satisfy the stated track record, effectively crediting the offspring with the parent’s dividend history.
Interested in More Dividend Aristocrat Stocks?
To find more stocks like these, take a look at TipRanks’ Dividend Aristocrats tool.
The page provides an exhaustive list of all dividend aristocrats, including their most recent dividend yields, previous dividend amounts, payout ratios, and other details.