Investors can track Wall Street analysts' ratings to select stocks of dividend-paying companies that have attractive growth prospects, which could boost earnings and cash flows to support higher dividends.
Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance.
Northern Oil and GasThis week's first dividend stock is Northern Oil and Gas (NOG).
NOG paid a dividend of 40 cents per share for the first quarter, reflecting an 18% year-over-year increase.
JPM highlighted that this potential increase in the Q3 dividend would mark the second dividend hike this year.
Persons:
Wall, NOG, Scott Hanold, Hanold, TipRanks, JPMorgan Chase, JPMorgan Chase JPMorgan Chase, Gerard Cassidy, Cassidy, WMT, Corey Tarlowe, Tarlowe
Organizations:
Walmart, Northern Oil, Resources, SM Energy, RBC Capital, JV, JPMorgan, JPMorgan Chase JPMorgan, JPM, Consumer, Community, Investment Banking, Wealth Management, Commercial Banking, Jefferies, Fox Robotics, Club
Locations:
Hurricane , Utah, Williston, Uinta, TipRanks, U.S