To that effect, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance.
The analyst increased his price target for Verizon stock by $1 to $40, while maintaining AT&T's price target at $17.
Also, he expects the prospects for improved free cash flow to lower net debt leverage and support the dividend payments.
That said, with expectations of higher cash flow generation, Crum said that "the company should have more flexibility around growing its dividend going forward."
(See Hasbro Stock Chart on TipRanks)Dell TechnologiesNext up is Dell (DELL), a maker of IT hardware and infrastructure technology, which rallied after its fiscal second-quarter results far exceeded Wall Street's estimates.
Persons:
Hans Vestberg, Brendan McDermid, Wall, Michael Rollins, Rollins, MDT, Rick Wise, Geoff Martha, Wise, Drew Crum, Crum, TipRanks, Amit Daryanani, Daryanani, Dell
Organizations:
DELL, Verizon, New York Stock Exchange, Analysts, Verizon Communications, Citi, AT, Verizon Hedge, Hasbro, Dell Technologies, Dell, TipRanks, GPU, Walmart, &' $
Locations:
New York, U.S