Top Wall Street analysts pick these 3 dividend stocks for higher returns

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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