Dividend-paying stocks are a great way to generate passive income and can be considered a safe bet amid market uncertainty ahead of the Federal Reserve’s policy decision. Furthermore, these stocks have the potential to generate notable capital gains. To assess these returns, investors can use TipRanks’ Dividend Calculator, which helps estimate future income based on investment size.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Leveraging TipRanks’ Best Dividend Stocks Screener, we have identified three stocks with Strong Buy ratings from analysts. These stocks also offer a dividend yield above 5%, and analysts expect more than 25% upside for each over the next 12 months. 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.
Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Here are this week’s stocks:
Nomad Foods (NOMD) –This is an European frozen foods company best known for brands like Birds Eye, Findus, and Iglo. The stock carries a dividend yield of 5.65% and a Smart Score of Nine. In the last three months, all five Wall Street analysts covering NOMD stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 37.2%.
Copa Holdings (CPA) – Copa Holdings is the parent company of Copa Airlines, which provides passenger and cargo services. The stock carries a dividend yield of 5.41% and a Smart Score of “Perfect 10.” In the last three months, all five Wall Street analysts covering CPA stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 35.31%.
Viper Energy (VNOM) – Viper Energy is an oil and gas company that owns and manages mineral and royalty interests, mainly in the Permian Basin. The stock carries a dividend yield of 5.73% and a Smart Score of Eight. Interestingly, 13 out of the 14 Wall Street analysts covering VNOM stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 25.88%.
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.
Use TipRanks’ Dividend Calculator to maximize your dividend income