Analysts Goldman Sachs and RBC Capital recommend buying dividend stocks Chevron (CVX) and Enterprise Products Partners (EPD)

Stock markets are currently experiencing volatility due to geopolitical uncertainties, rising interest rates, and concerns surrounding the artificial intelligence sector. In this context, dividend stocks are being highlighted as a means for investors to secure a steady income stream. Analysts from major firms have identified three dividend-paying stocks as particularly promising.

Chevron (CVX) recently paid a quarterly dividend of $1.78 per share, yielding approximately 3.5%. Goldman Sachs analyst Neil Mehta has reiterated a buy rating on Chevron, raising the price target from $225 to $240, citing the company's strong international exploration projects, especially in Venezuela, where production is expected to more than double by 2031.

Chevron is also focusing on technological advancements to enhance productivity and reduce costs. Enterprise Products Partners (EPD), a master limited partnership, offers a quarterly distribution of 56 cents per unit, translating to a yield of about 6%.

RBC Capital analyst Elvira Scotto maintains a buy rating with a price target of $42, despite slightly lowering estimates for the second half of 2026 due to expected normalization in margins and volumes. Scotto remains optimistic about EPD's strong demand dynamics and ongoing buyback programs.

Brookfield Infrastructure Partners (BIP) declared a quarterly distribution of 45.5 cents per unit, yielding 5.2%. BMO Capital analyst Devin Dodge reaffirmed a buy rating with a price target of $47, highlighting the potential benefits of corporate simplification and ongoing growth projects. Dodge anticipates that joint ventures with Intel will enhance funds from operations significantly.

Overall, these recommendations from top analysts suggest that these dividend stocks could provide both income and growth opportunities amid current market uncertainties

Stocks in this article

Company Price Change Change % AI
Enterprise Products Partners EPD.US 36.75 -0.52 -1.40% Hold
Brookfield Infrastructure Partners BIP.US 34.76 +0.32 +0.93% Sell
Chevron CVX.US 204.44 -1.14 -0.55% Buy

More investing news