Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week.They can follow the recommendations of Wall Street analysts, who conduct a thorough analysis of the financials of the dividend-paying companies and assess their ability to grow their dividends over the long term.), a midstream energy services provider.
The analyst is confident about EPD's ability to support its growth investments, thanks to a strong operations base and balance sheet. Further, she expects mid-single-digit growth in the company's distributions. Scotto ranks No. 84 among more than 8,700 analysts tracked by TipRanks. Her ratings have been profitable 64% of the time, with each delivering an average return of 17.8%. , a networking equipment maker. In the second quarter of fiscal 2024, the company returned a total of $2.8 billion to stockholders through share repurchases and dividends of 39 cents per share.
"We expect Networking to start normalizing and see renewed growth driven by Cisco's share gains in Ethernet-based AI buildouts of hyperscalers," said Liani.
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