Top Wall Street analysts pick these dividend stocks for solid returns [Video]

September had a bumpy start for investors as volatility jolted markets in the first week, but dividend-paying stocks can help smooth the ride.

Investors with a long-term investment horizon can ignore short-term noise to focus on stocks that have the potential to enhance their total portfolio returns through a mix of dividends and share price appreciation.

To that end, the recommendations of top Wall Street analysts can help investors choose stocks with strong fundamentals and the ability to pay consistent dividends.

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

MPLX LP                                

We start this week with MPLX (MPLX), a midstream energy player. The company’s quarterly cash distribution was 85 cents per common unit ($3.40 on an annualized basis) for the second quarter of 2024. MPLX offers an attractive yield of nearly 8%.

Recently, RBC Capital analyst Elvira Scottoreiterated a …