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3 Dividend Stocks Wall Street Analysts Recommend For Steady Income

Market volatility has remained elevated amid geopolitical tensions and concerns over the sustainability of the AI boom. For investors seeking more predictable income, dividend-paying stocks can offer some stability.

Here are three dividend stocks favored by highly rated Wall Street analysts, based on rankings from TipRanks.

Phillips 66

Phillips 66 offers a quarterly dividend of $1.27 per share, or $5.08 annually, for a yield of about 2.25%.

After the company reported solid second-quarter results, TD Cowen analyst Jason Gabelman maintained a buy rating and raised his price target to $255 from $240.

Gabelman pointed to lower net debt and management’s expectation of reaching its $15.5 billion target a year ahead of schedule. He expects net debt to fall to $14.6 billion by the end of 2026 and said the stronger balance sheet could make Phillips 66 a more defensive refining play.

The analyst ranks No. 554 among more than 12,400 analysts tracked by TipRanks, with profitable ratings 66% of the time and an average return of 14.9%.

Crescent Energy

Crescent Energy pays a quarterly dividend of $0.12 per share, equivalent to an annualized yield of about 4%.

Following better-than-expected second-quarter results, Evercore analyst Stephen Richardson reiterated a buy rating and maintained a price target of $18.

Crescent’s oil production and cash flow exceeded expectations, while the company raised its full-year production guidance. Richardson also highlighted progress following the Vital Energy acquisition, with Crescent increasing its expected synergies to as much as $300 million.

The analyst ranks No. 579 on TipRanks, with successful ratings 65% of the time and an average return of 12.5%.

Viper Energy

Viper Energy, which is effectively controlled by Diamondback Energy, owns mineral and royalty interests in oil-producing regions, primarily the Permian Basin.

The company recently increased its base dividend by 32%, bringing the annualized yield to about 4.5%. It also changed its shareholder-return policy to give the company more flexibility for share buybacks and acquisitions.

TD Cowen analyst Aaron Bilkoski maintained a buy rating and slightly raised his price target to $59 from $58 following the second-quarter results.

Bilkoski expects Viper to maintain one of the strongest production-per-share growth profiles in the royalty sector through 2027. He ranks No. 719 among more than 12,400 analysts tracked by TipRanks, with profitable ratings 57% of the time and an average return of 12%.

Apple Ties Its Mac Strategy To The AI Boom With New Mac Mini And Mac Studio Models

Apple has updated its Mac Mini and Mac Studio desktops with new processors and higher AI performance as developers increasingly use Macs for local AI workloads. The new models are scheduled to ship on Sept. 22, weeks before the company is expected to introduce its next iPhone generation.

Macs Target Local AI Development

Developers and researchers are increasingly using Apple computers to run AI models locally, reducing reliance on cloud infrastructure. Mac Mini systems can support AI agent software, while Mac Studio machines are designed for more demanding model training and deployment workloads.

Apple said its processors combine Neural Engines for machine learning with unified memory architecture designed to reduce performance bottlenecks. The company says the combination allows users to run and fine-tune larger AI models directly on their devices.

Mac Mini Gets First M6 Generation Chip

The updated Mac Mini can be configured with Apple’s M6 and M5 Pro processors, making it the company’s first computer with an M6-generation chip. The M6 is manufactured by Taiwan Semiconductor Manufacturing Co. (TSMC) using a 2-nanometer process.

The previous Mac Mini lineup offered M4, M4 Pro and M4 Max processors. Apple said the M5 Pro version of the new model can process large language model prompts 8.5 times faster than earlier Mac Mini Pro configurations.

Pricing has also increased. The new Mac Mini starts at $899, $100 more than the previous model, after Apple raised the price from $599 earlier this summer, citing higher memory costs.

Mac Studio Targets Larger AI Workloads

Mac Studio remains Apple’s highest-performance desktop without an integrated display, following the discontinuation of the Mac Pro earlier this year. New configurations include the M5 Max, which Apple says can run large language models nearly four times faster than the previous generation.

The M5 Ultra is available for users with heavier computing requirements. Apple says multiple Mac Studio systems using the Ultra chip can be connected to pool memory and run models with up to a trillion parameters.

Mac Studio with the M5 Max starts at $2,499, unchanged from the previous generation. The M5 Ultra configuration starts at $5,499, compared with at least $5,299 for the previous model using the M3 Ultra.

Apple Expands Its Local AI Hardware

The new desktops give developers and researchers more computing capacity for running AI models locally. Apple is also increasing the role of its custom processors and unified memory architecture in handling AI workloads without relying entirely on cloud-based computing.

Both Mac Mini and Mac Studio models are available for presale and are scheduled to begin shipping on Sept. 22.

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