Top Wall Street analysts prefer these dividend stocks to strengthen portfolios

The Federal Reserve recently cut interest rates by 50 basis points, setting a favorable backdrop for dividend-paying stocks.

Janela also highlighted other advantages like higher cash operating margins and a solid M&A track record, which make NOG a compelling investment. He pointed out that the company offers attractive cash returns via its above-average base dividend yield and growing share buybacks. The Uber Eats partnership will start this fall with a pilot for delivery at about 100 Olive Garden units. Saleh expects the Uber Eats partnership to generate a mid-single-digit comparable sales benefit over time. The analyst noted that while Q1 FY25 performance was impacted by unexpected industry weakness in July, the company's comparable sales growth turned positive across all brands, except Fine Dining, in September.

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