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 …