Top Wall Street analysts are pounding the table on these 3 dividend stocks – NBC 5 Dallas-Fort Worth

Investors looking to enhance their portfolio returns and find stability in uncertain markets often turn to dividend-paying stocks. By tracking Wall Street analysts’ ratings, investors can choose stocks from companies with attractive growth potential that could lead to higher earnings and dividends.

Three dividend stocks recommended by top analysts on TipRanks are Northern Oil and Gas (NOG), JPMorgan Chase (JPM), and Walmart (WMT).

Northern Oil and Gas recently increased its dividend by 18% year-over-year and offers a dividend yield of 4.1%. The company also announced an acquisition agreement with SM Energy, which could lead to further growth opportunities. Analysts are optimistic about NOG’s future prospects, with RBC Capital giving a buy rating and a price target of $46.

JPMorgan Chase, the largest U.S. bank by assets, has also increased its dividend and announced a new share repurchase program to boost shareholder returns. Analysts at RBC Capital reaffirmed a buy rating on JPM stock, citing the bank’s strong management team and well-diversified business model.

Walmart, a big-box retailer, recently raised its dividend by 9%, marking its 51st consecutive annual increase. Analysts believe that Walmart’s focus on artificial intelligence and automation could lead to significant growth in operating income by fiscal year 2029. Jefferies analyst Corey Tarlowe reiterated a buy rating on WMT, with a price target of $77, highlighting the company’s strategic investments in AI technology.

Overall, these three dividend stocks offer investors the potential for growth and stability in their portfolios, making them attractive options for those looking to navigate volatile markets.