3 ‘Strong Buy’ stocks with at least 6% dividend yield
There is so much going on in the markets, it’s hard to know where to start and what to look for. On the red side of the ledger, it is clear that the headwinds are gathering. House Democrats are still rejecting the 1. 1.8 trillion coronavirus aid and stimulus package presented by the White House, saying President Trump’s proposal is not moving forward. House Dams are pushing their own 2.2 trillion stimulus. At the same time, both Eli Lilly and Johnson and Johnson have suspended their coronavirus vaccine programs, after the company reported an “adverse event” in initial tests. Only investors are concerned, as there is hope for a “normal return” to the development of a vaccine that works for the novel virus. And the earning season is starting. Over the next few weeks, we’ll see Q3 results for every publicly traded company, and investors will be looking forward to these results. The consensus is that earnings will be somewhere between 20% and 30% year-over-year. With this in mind, we have used the Tipperans database to pull out three dividend stocks yielding 6% or more. Still, that’s not all they offer. Each of these stocks has a strong buy rating, and significant side effects are possible. Philip Morris (PM) The first tobacco company on this list is Philip Morris. The ‘sin stocks,’ which make up tobacco and alcohol products, have long been known for their good benefits. The PMA has taken a lesser risk to the health of consumers by turning to non-smoking tobacco products in recent years. One indication of this is the company’s partnership with Altaria, IQOS, a hot non-smoking tobacco product that will allow users to get nicotine from tobacco smoke without pollutants. The Prime Minister has spent billion 6 billion in production. Regulatory challenges and P.P. Looking at the surrounding PR ping products, the Prime Minister believes that non-smoking tobacco will prove to be a strong alternative, with more growth potential. Even then the prime minister’s main product for the moment is Marlboro cigarettes. The iconic brand remains the best seller, despite the long-term public opinion stance against cigarettes. Prime for the dividend, and the rest, is a true champ. The company has increased its dividend payments every year since 2008, and has made reliable payments in the quarter. But Corona could not get off that track; The Prime Minister maintained his quarterly payment of 1. 1.17 by 2020, and his most recent dividend paid earlier this month saw an increase of 1. 1.20 per share. It costs 80 80.00 annually and yields %%. For Piper Sandler, Prime Minister analyst Michael L. Wari has chosen a move to non-smoking products, writing: The COVID-19 epidemic has been impressive. IQOS has seen strong user growth and improved profitability, and reopening the store could help it be adopted by new users. “The very high rate PMA has shared overweight (i.e. buy), and the one-year surplus has a 24% effect on its $ 98 target price target. (To see the very very high track record, click here.) The Strong Buy Consensus Rating is based on 9 reviews, breaking 8 by 1 in the Buy vs. Hold. The share price is ..01 and their .5.5 $ .6 average price target indicates 1 %% side upside potential (See PM stock analysis) Bank of NT Butterfield & Sun (NTB) Butterfield is a Bermuda-based small-cap banking company and provides a full range of customers to the island – and the Cayman, Bahamas and Channel Islands, as well as Singapore, Switzerland, ND and. Butterfield’s services in the UK include personal and business loans, savings accounts and credit cards, mortgages, insurance and asset management.Butterfield includes the global pattern of global banking services in revenue and earnings in the first half of this year – the global COVD epidemic. But the bankers felt the blow. Earnings were 87 cents per share in the last quarter of 2019, and 67 cents by 2Q20. When significantly reduced, it was still 21% better than expected. On the top line, revenue is below 1 121 million. NTB reports Q3 earnings later this month, and the forecast is for 63 cents EPS. With a beating earnings forecast, Butterfield is paying a strong dividend this year. By the second quarter, dividend payments were up to 44 cents per share, which would strengthen yields by 7%. When the current low interest rate regime is considered – the US Fed has set the rate close to zero, and Treasury bonds fall below 1% – NTB payments look better. ,… Strong capital level [provide] More than enough loss absorption capacity in our opinion for whatever credit problems may arise. Considering the impact of the declining rate on NII, its fee income stability has proved valuable, where the bank has actively managed expenses to support earnings. We believe its dividend is now safe for our forecast for low-risk loan portfolio, strong capital levels and sub-100% dividend payments under our stressful outlook. “These comments support the analyst’s outperform (i.e. buy) rating, and its ભાવ 29 price target indicates 15% for next year. (To see Worw Rington’s track record, click here) Overall, NTB has 4 Recent reviews, including 3 bye and a single hold, make the analyst’s unanimous rating a strong buy. The company has an interesting structure in the essential sector, which produces “green” energy. In particular, NVVA produces processed biomass fuels, which are sold at power plants originating from wood pallets. Blinds are cleaner than coal. – An important issue in today’s political climate – and made from the recycled waste of the lumber industry (woodchips and sawdust) The company’s manufacturing facilities are located in the American Southeast, while its main customers are in the UK and mainland Europe. The economic shutdown in Wawa led to a drop in electricity demand, and Enviwa’s revenue fell to 1h20, mainly due to lower demand. Earnings, however, remained positive, and Q for No’s EPS estimates forecast 2019 to be 45 cents behind – corresponding to strong earnings seen in the second half of 2019. NVVA has shown a consistent commitment to pay its dividends, and in the last quarter – August Gust paid – the company paid c 68 cents to 77 77 cents per ordinary share. This brings the annual value of the dividend to 8 3.08 per share, making the yield 7.3%. Even better, Eniva has been paying regular dividends for the last 5 years. For Raymond James, the stock’s completion is analyst Pavel Molchanov, who rates Eva as outperforming (i.e. bye) and sets a 44 target. Recent stock appreciation has brought the stock closer to that goal. Given his stance, Molchnov writes, “Enviwa benefits from an increasingly broad customer base, and high visibility is enhanced by dropdowns. Includes 33 subnational jurisdictions… ”(click here to view Molchanov’s track record.) Enviwa’s strong buy consensus rating is based on 4 by and 1 hold. Its share price, which has risen to $ 60.60 in recent sessions, And as mentioned, it has closed at an average price target of 80 .80. (See EVA Stock Analysis on Tipprenx.) Disclaimer: The opinions expressed in this article are those of specialized analysts only. The content is to be used for informational purposes only. It is very important to do your own analysis before making any investment.