Dividends4Life: 3 High-Yield Dividend Stocks Scoring Street Upgrades

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3 High-Yield Dividend Stocks Scoring Street Upgrades

Posted by D4L | Wednesday, February 17, 2021 | | 0 comments »

We've used the TipRanks database to pinpoint three high-yield dividend stocks that all share some important features; They are paying out reliable dividends with upwards of 5% yield. And, in each case, at least one of Wall Street’s analysts has turned bullish (i.e. upgraded the stock). Given that analysts usually reiterate recommendations, upgrades are a clear sign of increasing confidence in a company’s outlook.

We will start with Regency Centers Corporation (REG), a Florida-based real estate investment trust (REIT). Next up, Vornado Realty (VNO), is another REIT, with its headquarters in New York City. The company is known for its ownership of high-brow locations in the city, including the Crowne Plaza Hotel and One Penn Plaza. The gain in oil prices can’t come at a better time for Chevron Corporation (CVX), whose operations include, among other concerns, 11,000 oil wells in the Texas Permian Basin, Australia’s $43 billion Gorgon Gas Project, and a 40% interest in 13 of Nigeria’s Niger Delta oil concessions.

Source: Yahoo Finance

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