Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week.
Investors seeking stability may want to turn to dividend-paying stocks.
They can follow the recommendations of Wall Street analysts, who conduct a thorough analysis of the financials of the dividend-paying companies and assess their ability to grow their dividends over the long term.
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.
Enterprise Products Partners
This week’s first dividend stock is Enterprise Products Partners (EPD), a midstream energy services provider. The limited partnership has increased its cash distribution for 25 consecutive years at a compound annual growth rate of 7%.
On April 5, Enterprise Products announced a quarterly cash distribution of $0.515 per unit, payable on May 14. This payment reflects an increase of 5.1% year over year. EPD stock …