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. To assess these returns, investors can use TipRanks’ Dividend Calculator, which helps estimate future income based on investment size.
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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. 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:
Upbound Group (UPBD) – Upbound Group offers rental and purchase plans through its Rent-A-Center and Acima brands. The stock carries a dividend yield of 5.76% and a Smart Score of Eight. In the last three months, all four Wall Street analysts covering UPBD stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 36.54%. UPBD stock has declined 3% year-to-date.
Amcor (AMCR) – Amcor is a global maker of packaging for food, drinks, and healthcare products. The stock carries a dividend yield of 6.16% and a Smart Score of “Perfect 10.” Interestingly, six out of the eight Wall Street analysts covering AMCR stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 28.52%. AMCR stock is down 7.8% so far this year.
HA Sustainable Infrastructure Capital (HASI) – HASI invests in clean energy and sustainable infrastructure projects to help the transition to a lower-carbon economy. The stock carries a dividend yield of 5.94% and a Smart Score of “Perfect 10.” Interestingly, nine out of the 10 Wall Street analysts covering HASI stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 39.92%. HASI stock is up 10% year-to-date.
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 Use our Dividend Calculator to maximize your dividend income