Top Wall Street analysts prefer these 3 dividend stocks for stable income
Here are three dividend-paying stocks that are highlighted by Wall Street's top pros.
Global stock markets remain volatile amid persistent geopolitical tensions and concerns about the sustainability of AI trade. Given this backdrop, investors seeking steady income can add dividend-paying stocks to their portfolios.
Tracking recommendations from top Wall Street analysts can help investors pick attractive stocks, as these experts assess a company's ability to pay dividends consistently.
Here are three dividend-paying stocks that are highlighted by Wall Street's top pros, as tracked by TipRanks, a platform that ranks analysts based on their past performance.
Integrated oil and gas giant Chevron ( CVX ) is a dividend king. The company has increased its dividend for 39 consecutive years. At a quarterly dividend of $1.78 per share (annualized dividend of $7.12 per share), CVX offers a yield of 3.14%. Chevron will announce its third-quarter results on October 30.
In an earnings preview note on U.S. oil majors, Goldman Sachs analyst Neil Mehta reiterated a buy rating on Chevron with a price target of $241 . The analyst is focused on the company's international growth prospects across Latin America, the Middle East, West Africa, and the Eastern Mediterranean.
Specifically, Mehta highlighted management's commentary on solid execution in Venezuela, with gross production expected to more than double to nearly 600 kbd (kilo barrels per day) by 2031 via three joint ventures. He also noted a recent oil and gas condensate discovery in offshore Angola and is awaiting commercial updates on the West Qurna 2 and Nasiriyah projects in Iraq.
Furthermore, Mehta expects CVX to report improved productivity and capital efficiency across domestic shale assets. He expects the improvement mainly in the Permian Basin, where Chevron projects advanced chemical treatments to drive about a 10% recovery uplift in new wells and bring down capital spend per barrel by about 25% year-over-year. Overall, Mehta expects Chevron to report Q3 2026 EPS of $4.95, above the consensus of $4.89.
"While unfavorable timing effects and volatile commodity prices may present quarterly earnings headwinds, we highlight healthy U.S. refining margins and strong asset utilization as partial offsets," said Mehta.
Mehta ranks No. 381 among more than 12,500 analysts tracked by TipRanks. His ratings have been profitable 63% of the time, delivering an average return of 12%. See Chevron KPIs on TipRanks.
Kinetik Holdings ( KNTK ) is a fully integrated, pure-play, midstream company operating in the Delaware Basin. Earlier this month, the company declared a dividend of $0.81 per share, payable on October 30, 2026. With an annualized dividend of $3.24 per share, KNTK offers a yield of 5.82%. Kinetik will announce its Q3 earnings on November 4, with a conference call scheduled the next day.
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- CNBC26 Oct, 14:41
| Publisher CNBC (reference tier) | +82 |
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