Prepare for an enticing selection of dividend stocks boasting remarkable yields and growth catalysts. This curated list spans manufacturing giants, financial powerhouses, and thriving airlines - promising to elevate your portfolio.
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Here's the list:
Parker-Hannifin Corporation (PH)
Price Target: $643.25
Recent Price: $593.82
Parker-Hannifin is a leading manufacturer of motion and control technologies. Its diversified portfolio spans industrial, aerospace, and mobile markets, providing precision engineered solutions. The company's strong market position and innovative offerings present growth opportunities. However, cyclical demand fluctuations and competition pose challenges. Analysts have a positive outlook, with TipRanks and Wells Fargo rating it a 'Buy'.
Market Cap: $76.33B
Last Dividend Amount: $1.63
Expected Ex-Dividend Date: Aug 28 2024
Expected Payment Date: Sep 13 2024
Expected Dividend & Yield: 1.10%
Enact Holdings, Inc. (ACT)
Price Target: $36.50
Recent Price: $35.20
Enact Holdings, through its subsidiary Genworth Mortgage Insurance Corporation, is a leading provider of private U.S. mortgage insurance. The company's focus on risk management and strong market position in the mortgage insurance industry present growth prospects. However, exposure to housing market cycles and regulatory changes pose risks. Analysts have a positive outlook, with TipRanks, Barchart, and Zacks rating it a 'Buy'.
Market Cap: $5.48B
Last Dividend Amount: $0.19
Expected Ex-Dividend Date: Aug 28 2024
Expected Payment Date: Sep 09 2024
Expected Dividend & Yield: 2.10%
Sponsor
The Home Depot, Inc. (HD)
Price Target: $390.40
Recent Price: $375.59
The Home Depot is a leading home improvement retailer with a vast network of stores and e-commerce platforms. Its comprehensive product offerings, strong brand recognition, and convenient customer experience drive growth. However, competition and cyclical consumer spending patterns pose challenges. Analysts have a positive outlook, with TipRanks and Wells Fargo rating it a 'Buy'.
Market Cap: $373.07B
Last Dividend Amount: $2.25
Expected Ex-Dividend Date: Aug 29 2024
Expected Payment Date: Sep 12 2024
Expected Dividend & Yield: 2.40%
First BanCorp. (FBP)
Price Target: $20.50
Recent Price: $21.46
First BanCorp is a leading financial institution in Puerto Rico, offering innovative banking products and services. Its strong market position and strategic initiatives present growth opportunities. However, economic conditions in Puerto Rico and regulatory changes pose risks. Analysts have a positive outlook, with TipRanks and Bank of America rating it a 'Buy'.
Market Cap: $3.52B
Last Dividend Amount: $0.16
Expected Ex-Dividend Date: Aug 29 2024
Expected Payment Date: Sep 13 2024
Expected Dividend & Yield: 2.98%
Laboratory Corporation of America Holdings (LH)
Price Target: $263.33
Recent Price: $230.89
LabCorp is a leading healthcare diagnostics company, providing comprehensive clinical laboratory services and drug development support. Its extensive test menu, innovative offerings, and strategic partnerships drive growth. However, reimbursement pressures and competition pose challenges. Analysts have a positive outlook, with TipRanks rating it a 'Buy'.
Market Cap: $19.39B
Last Dividend Amount: $0.72
Expected Ex-Dividend Date: Aug 29 2024
Expected Payment Date: Sep 13 2024
Expected Dividend & Yield: 1.25%
Sponsor
Golub Capital BDC, Inc. (GBDC)
Price Target: $16.63
Recent Price: $14.99
Golub Capital BDC is a business development company that primarily invests in middle-market companies' debt. Its experienced management team and focus on risk management present growth opportunities. However, credit market conditions and portfolio concentration risks pose challenges. Analysts have a mixed outlook, with TipRanks rating it a 'Buy' and Barchart a 'Strong Sell'.
Market Cap: $3.97B
Last Dividend Amount: $0.39
Expected Ex-Dividend Date: Nov 29 2024
Expected Payment Date: Dec 13 2024
Expected Dividend & Yield: 10.41%
Copa Holdings, S.A. (CPA)
Price Target: $135.00
Recent Price: $91.19
Copa Holdings is a leading Latin American airline, offering passenger and cargo services through its subsidiaries Copa Airlines and Copa Colombia. Its strong market position, modern fleet, and strategic partnerships present growth opportunities. However, fuel costs, competition, and economic conditions in Latin America pose risks. Analysts have a mixed outlook, with TipRanks rating it a 'Buy' and Zacks a 'Sell'.
Market Cap: $3.80B
Last Dividend Amount: $1.61
Expected Ex-Dividend Date: Aug 30 2024
Expected Payment Date: Sep 13 2024
Expected Dividend & Yield: 7.06%
And there you have it.
We hope this report provides you with valuable insights to enhance your dividend investment strategy.
For any specific inquiries regarding dividends, we recommend consulting with your financial advisor or visiting Investor.gov for more comprehensive information.
Best regards,
The Editor
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