Dividend-paying stocks are a great way to generate passive income and can be considered a safe bet in the current uncertain market situation. Furthermore, these stocks have the potential to generate notable capital gains. To assess these returns, investors can use TipRanks' Dividend Calculator, which helps estimate future income based on investment size.
Leveraging TipRanks' Best Dividend Stocks Screener, we have identified two stocks with Strong Buy ratings from analysts. These stocks also offer a dividend yield above 5%, and analysts expect over 30% upside for each in the next 12 months. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Crescent Energy (CRGY) - Crescent Energy is an independent energy company focused on acquiring, developing, and producing oil and natural gas assets in the U.S. The stock carries a dividend yield of 5.17% and a Smart Score of "Perfect 10." Interestingly, six out of the eight Wall Street analysts covering CRGY stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 60%. CRGY stock is up 9% over the past three months.
Copa Holdings (CPA) - Copa Holdings is a Panama-based airline group that operates flights across the Americas through its subsidiaries Copa Airlines and Wingo. The stock carries a dividend yield of 5.63% and a Smart Score of "Perfect 10." In the last three months, all seven Wall Street analysts covering CPA stock have rated it a Strong Buy, with their 12-month consensus price target indicating an upside of about 30.06%. COPA stock is up 8.6% over the past three months.
TipRanks Smart Dividends Newsletter delivers a weekly high-quality dividend stock recommendation, backed by detailed analysis and up-to-date market insights. A well-chosen dividend stock can enhance your income investment portfolio and potentially yield long-term returns.
"For a complete list of dividend stocks and their payout dates, check out the Dividend Calendar.