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Top Wall Street analysts prefer these dividend stocks for steady income [Video]

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Corporate Finance

A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024.

Robert Gauthier | Los Angeles Times | Getty Images

Investors looking for steady income amid the ongoing geopolitical tensions in the Middle East and economic uncertainty can consider adding dividend-paying stocks to their portfolios.

Choosing the right stocks from the vast universe of dividend-paying companies can be challenging. Recommendations from top Wall Street analysts could help investors pick stocks with attractive dividends that are backed by strong financials.

Here are three dividend-paying stocks, highlighted by Wall Street’s top pros on TipRanks, a platform that ranks analysts based on their past performance.

AT&T

Our first dividend pick is AT&T (T), one of the world’s leading telecommunications companies. Last month, the company announced a quarterly dividend of $0.2775 per share on its common stock, payable on Nov. 1. AT&T offers a dividend yield of 5.2%.

Recently, Tigress Financial analyst Ivan Feinsethslightly raised his price target for AT&T stock …

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