Top Wall Street analysts like these 3 dividend stocks for steady income — SkimNews
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- Chevron (CVX) pays a $1.78 quarterly dividend ($7.12 annualized, ~3.5% yield), and Goldman Sachs analyst Neil Mehta raised his price target to $240 from $225, citing plans to more than double Venezuela gross production to 600 kbd from ~280 kbd by 2031 through three joint ventures.
- Mehta said Chevron is deploying AI, machine learning, and artificial lift optimization in shale wells, with a projected 25% drop in U.S. shale capital spending per barrel by 2026 and Permian spending falling below $3.5 billion.
- Chevron also signed a 20-year power purchase agreement with Microsoft to supply 2.67 GW of behind-the-meter capacity in the Kilby project, with first power delivery slated for 2028 and expected mid-teens returns.
- Enterprise Products Partners (EPD) distributes 56 cents per common unit quarterly ($2.24 annualized, ~6% yield), with RBC Capital's Elvira Scotto reiterating a buy at a $42 price target and projecting $150 million in quarterly buybacks through H2 2026 rising to $200 million in 2027.
- Brookfield Infrastructure Partners (BIP) pays a 45.5-cent quarterly distribution ($1.82 annualized, 5.2% yield), and BMO Capital's Devin Dodge reaffirmed a buy at $47, citing Intel-joint semiconductor foundries expected to be fully commissioned by end of 2026 and boost FFO by 300-400 basis points.
Why it matters: Income investors get three analyst-backed yield options ranging from ~3.5% (CVX) to ~6% (EPD), each tied to a concrete catalyst: Chevron's Venezuela production doubling and Microsoft power deal, EPD's buybacks scaling to $200M per quarter by 2027, and BIP's Intel semiconductor foundry commissioning by end-2026. The mix offers distribution growth and price-appreciation upside beyond the headline yield.
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