Core Insights - Dividend-paying stocks can enhance portfolio returns and provide stability in volatile markets [1] - Wall Street analysts recommend attractive dividend stocks with growth potential to support higher dividends [1] Group 1: Northern Oil and Gas (NOG) - NOG paid a dividend of 40 cents per share for Q1 2024, an 18% year-over-year increase, with a dividend yield of 4.1% [2] - The company announced a 46, citing potential for further expansion and increased earnings estimates by 11% to 12% for 2025 [3] Group 2: JPMorgan Chase (JPM) - JPM announced a 9% increase in its dividend to 30 billion share repurchase program to enhance shareholder returns [5] - RBC Capital analyst Gerard Cassidy reaffirmed a buy rating on JPM with a price target of 2.73 billion to shareholders through dividends and share repurchases, with a payout ratio of 37.5% [8] - Jefferies analyst Corey Tarlowe reiterated a buy rating on WMT with a price target of $77, emphasizing the potential of AI and automation to significantly boost operating income by fiscal year 2029 [9]
Top Wall Street analysts are pounding the table on these 3 dividend stocks