Yields on three large dividend stocks of at least 7%.Analysts say “buy”
The S & P 500 has risen 27% in the last six months, and Wall Street analyst classes are beginning to point out that there is a potential slowdown. In part, this may be an application of physics to market activity-what goes up must go down-but it’s also tied to an old market that says “buy and leave in May” There may be. It has long been recognized that market activity tends to slow during warmer months. Some skeptics are Stiffel’s strategist Barry Banister, who believes that the good times won’t last until 2021. That’s the effect of seasonality … [The S&P 500] Going right to the place scheduled for 4,200, it looks like it will be. But he also argues that the summer of 2021 will be difficult … due to China’s tightening, Europe’s hesitation in public finances, and a slight rise in the US dollar. It may be. This will affect global liquidity growth. So I think it was a fun ride. It’s usually strong from November to April, but sometimes it declines, “says Banister. Once Banister’s view approaches the real thing, it’s time to move to a more diverse and defensive portfolio. Dividend stocks are a traditional defense play. Reliable dividend payers usually make less profit in a bull market, but make up for it with stable dividend payments. With this in mind, we used the TipRanks database to find three stocks that offer dividend payments of over 7% and purchase ratings from Street. Let’s take a closer look. The Suburban Propane Partners (SPH) energy industry is not all big oil. Homes also need fuel, where suburban propane comes into play. The company began selling propane for home use and has since expanded to offer a variety of fuels and fuel oils in addition to the services of natural gas and utilities. Residential, commercial, and agricultural markets. Headquartered in New Jersey, the company operates with 3,300 employees in 41 states and has more than 1 million customers in approximately 700 locations. Suburban businesses show a strong seasonal pattern, with higher revenue and revenue in the first and second quarters of the year than in the third and fourth quarters. This is evident in a recent Q1 report, where losses from the currently retreating COVID pandemic overlap the pattern. First-quarter revenue was $ 305.2 million, below consensus estimates, down 8.5% from the first quarter of the previous year. EPS was 61 cents, down from 64 cents a year ago. The positive thing is that the revenue is more than enough to pay the regular dividend that the company recently declared to pay on May 4. The annual dividend of 30 cents per common stock is $ 1.20 and the yield is 8.2%. Suburban Propane has a long history of maintaining the reliability of dividend payments and adjusting payments as needed to match earnings. Five-star analyst David Coleman, who covers Argus’ SPH, acknowledges the company’s weaknesses, but sees it as an overall growth proposal. “In the suburbs, earnings in the first quarter of 2009 were lower than expected, reflecting the effects of unseasonable warm weather and pandemics, but note that propane company industry trends are currently improving. In July 2020, the company cut its quarterly dividend in half to $ 0.30 per unit, but believes the cut was cautious, with stock prices still around 8% and in a low interest rate environment. Note that it’s fascinating, “Coleman wrote. To this end, Coleman valued the purchase of SPH shares, and his $ 18 price target means a 21% increase over the next year. (Click here to see Coleman’s achievements) SPH is slipping under the radar of most analysts. Equity moderate biconsensus is based on two recent biratings. The stock sells for $ 14.85, and the average price target of $ 18 is in line with Coleman’s. (See TipRanks SPH Equity Analysis) Rattler Midstream (RTLR) Rattler Midstream lives in the energy world like Suburban Propane, but Rattler is a middle-class company, spinning off from Diamondback Energy in 2018. We develop, manage and acquire middle-class assets. The business area of the parent company of the Midland and Delaware formations in the Permian Basin, Texas. Ratler has been climbing for months through a deep hole caused by a COVID pandemic and falling demand. Rising oil prices have helped the company, with Rattler’s sales in the fourth quarter rising from $ 96.5 million in the third quarter to $ 109.2 million, down 12.8% from the year-ago quarter. EPS showed the same pattern. It was 21 cents, up from 19 cents in the previous quarter, but down 25% year-on-year. Even if earnings and earnings did not fully recover from the pandemic blow, Ratler maintained its commitment to return profits to investors. The company repurchased 1.65 million shares of common stock at a cost of $ 14.7 million in the fourth quarter and approved a fourth quarter dividend of 20 cents per share. The current payment is 80 cents per share per year with a yield of 7.3%. Justin Jenkins, who covers Raymond James’s Ratler, said: RTLR also expects to get a little more generalist attention than peer MLP, thanks to its involvement with FANG. Jenkins further explains why he believes Ratler is a sound proposal. “Passing through 1Q21 noise, 2021 is expected to be a relatively quiet run of RTLR. Dropdown possibilities may create some headlines, but change the overall story. Expects rare, relatively small, leverage-neutral, reasonably valuable transactions. Increasing confidence in FANG’s outlook will improve the relative status of RTLRs by similar criteria. ” Based on, Jenkins rates RTLRs as outperforms (ie purchases) and sets a price target of $ 13. This shows an increase of up to 19% over the next 12 months. (Click here to see Jenkins achievements) Overall, for the consensus of mid-purchasing analysts, there are six analyst reviews here. The average price target is $ 12, suggesting that it is about 9% higher than the trading price of $ 10.97. (See TipRanks RTLR Equity Analysis) Shift the Broadmark Realty Capital (BRMK) gear to the real estate investment trust segment. In a sense, this is unavoidable. REIT companies are known for their high-yielding, reliable dividend payments, and at least in part, are stipulated by tax law that requires investors to return a directly profitable share. Broadmark Realty Capital holds a portfolio of mortgage and mortgage-backed securities with a focus on construction and development. The company has funded more than 1,200 loans over the last decade, totaling more than $ 2.8 billion. Broadmark reported in its latest quarterly report that it signed a $ 194.8 million loan agreement in the fourth quarter of 2008, generating $ 32.5 million in top-line revenue. Revenues were up 8.3% from $ 30 million in the year-ago quarter and up 12.4% from the third quarter. EPS is 17 cents per share, far from the 5 cents loss recorded in the fourth quarter of 2019. The company reported that it ended 2020 with more than $ 223 million in cash on hand. Abundant cash and increased earnings and earnings mean Broadmark can afford to pay dividends. The company paid this monthly and declared a May payment of 7 cents per common stock in April. That’s 84 cents a year per share, giving investors a 7.8% yield. Randy Binner, an analyst at B. Riley, has been rated 5 stars by TipRanks and sees a clear path to Broadmark’s continued growth. “In our view, credit trends should return to more normal levels in 2009, which should add a tailwind to net interest income … as companies continue to resolve defaults and public REIT portfolios. We see potential upsides in equities as we expand, private AUM, and get the dividend growth story back on track in 2009, “said analysts. In line with these comments, Binner has given BRMK a purchase valuation with a price target of $ 12.50, suggesting a 15% increase over the next year. (Click here to see Binner performance) Overall, BRMK gets a moderate purchase rating from analyst consensus based on two purchases and one hold. .. A relatively small number of reviews reflect the “under radar” profile of most REITs on the market. BRMK shares sell for $ 10.87 and the average price target of $ 11.75 suggests a potential rise of 8%. (See TipRanks BRMK Stock Analysis) To find good ideas for dividend stocks that trade with attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that integrates all of TipRanks’ stock insights. please. Disclaimer: The opinions expressed in this article are only those of the analysts of interest. This content is for informational purposes only. It is very important to do your own analysis before making an investment.