3 Elite Dividend Stocks With at Least 10% Upside Potential, According to Wall Street
There are 500 stocks in the S&P 500 at any given point -- hence the name. Many of them pay a dividend, and several have steadily grown their payouts over the years. However, only 65 S&P 500 members have delivered at least 25 years of consecutive dividend increases.
These elite dividend stocks -- known as Dividend Aristocrats -- often make great investments for those seeking a steadily rising passive-income stream. A few of them look like particularly attractive investments these days -- according to Wall Street analysts -- because they trade well below their consensus price targets. Three that stand out are ExxonMobil (NYSE: XOM), Essential Utilities (NYSE: WTRG), and NextEra Energy (NYSE: NEE). They all currently trade at least 10% below the analysts' consensus price targets.
ExxonMobil is having a fantastic year. The oil giant's share price has rallied nearly 73%. Add in its high-yielding dividend, and Exxon's total return is even higher.
Source Fool.com
