Traders work on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
In tumultuous markets, investors can turn to dividend-paying stocks that offer income and can help cushion a portfolio in tough times.
Given the massive universe of dividend-paying companies, selecting the right stocks can be a difficult task. To that end, investors can track the recommendations of Wall Street experts, who conduct a thorough analysis of a company’s earnings growth potential and dividend history.
Here are three attractive dividend stocks, according to Wall Street’s top pros on TipRanks, a platform that ranks analysts based on their past performance.
IBM
This week’s first dividend pick is tech giant IBM (IBM), which announced mixed first-quarter results. The company’s earnings exceeded expectations while revenue missed estimates amid an uncertain macro backdrop. Also, IBM announced a $6.4 billion acquisition of cloud software maker HashiCorp.
IBM paid dividends of $1.5 billion in the first quarter. The company …