7 “Strong Buy” Dividend Stocks That Should Rip Higher

In this current choppy climate, dividend stocks provide a welcome and profitable way to hedge your bets.

Green traffic light, illustration.
(Image credit: Getty Images)

In this current choppy climate, dividend stocks provide a welcome and profitable way to hedge your bets. Bank of America tells investors that dividends can help offset losses in weak markets, “and over long-time horizons, stocks with a history of increasing their dividend each year have also produced higher returns with considerably less risk than non-dividend-paying stocks.”

We recently utilized TipRanks’ stock screener (opens in new tab) to pinpoint the most compelling dividend opportunities right now. These are dividend stocks that boast wide support from the Street, and sizeable upside potential to boot.

All the stocks on this list share a “Strong Buy” analyst consensus based only on ratings from the last three months. In other words, sentiment isn’t just strong – it’s recent, and thus based on the most up-to-date information these analysts can have.

The following seven dividend stocks offer a one-two punch of income and return potential. Let’s take a closer look:

Data is as of May 8, 2018. Consensus price targets and ratings based on “Best Performing” analysts. Click on ticker-symbol links in each slide for current share prices and more.

Harriet Lefton
Contributing Writer, Kiplinger.com
Harriet Lefton, originally from the U.K., began her career as a journalist specializing in the niche world of metal markets. She graduated from the University of Cambridge before becoming a qualified U.K. lawyer. Now she has turned her attention to the world of financial blogging, covering U.S. stocks, analysts and all manner of things finance-related.