Top Wall Street analysts are upbeat on these dividend stocks

Investors seeking stable income and diversification may appreciate adding dividend stocks to their portfolio.

Scotto ranks No. 25 among more than 9,100 analysts tracked by TipRanks. Her ratings have been profitable 69% of the time, delivering an average return of 21.6%. See). The company is focused on the reserves in the Permian Basin and bolstered its business by acquiring Endeavor Energy. Forboosted the price target for FANG stock to $205 from $182 and reaffirmed a buy rating on the stock, noting that the company is"hitting the ground running" in terms of its Endeavor merger integration.

Jayaram ranks No. 893 among more than 9,100 analysts tracked by TipRanks. His ratings have been successful 53% of the time, delivering an average return of 8.6%. Seeslightly raised the price target for CSCO stock to $78 from $76 and reaffirmed a buy rating on the stock.

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