3 “Perfect 10” Dividend Stocks Yielding at Least 5%
Assessing where the markets will go can sometimes seem like more art than science, and an arcane art at that. But the data is out there to make sense of the stock movements.The TipRanks Smart Score is a perfect example. Scanning through the whole of the database, and assembling the information for every stock according to 8 categories known to predict future share performance, the Smart Score combines those categories into a single score that allows investors to see at a glance how the stock is likely to move in the coming year.That score is given on a scale from 1 to 10, with low scores indicating likely underperformance of the broader market, and higher scores indicating overperformance. A perfect score, a 10, is a rare gift for a stock. It doesn’t necessarily mean that every factor aligns perfectly – but it does indicate a potentially bright future for the stock in question.Today, we’ve pulled up three ‘Perfect 10’ stocks, which are also fine defensive plays, with dividends yielding 5% or higher. At a time when volatility is returning to the markets, the combination of likely overperformance and a strong dividend return makes these stocks that investors should take notice of.AT&T, Inc. (T)The first stock on the list needs no introduction, as it is a blue-chip standby of the S&P 500 index. AT&T is giant by any standard: the world’s largest telecom company, the US’ largest provider of mobile and landline phone services, and an emerging player in the content streaming business.Telecommunications products became even more important than usual during the ‘corona half’ of 2020, and AT&T saw comparatively moderate losses in Q1 and Q2. EPS came in at 84 and 83 cents for the quarters, compared to 89 cents in 4Q19. Revenues, at $41 billion in Q2, were down 12% from the end of last year. In short, the company took a hit, but remains solidly profitable.AT&T used those profits, in part, to keep up the dividend payment. The company has a reputation as a dividend champion, with 17 years of reliable payments behind it and a penchant for high yields. The current dividend is 52 cents per share quarterly and was paid out in August. At $2.08 annualized, this dividend offers investors a yield of 7.14%. That’s more than triple ~2% found among T’s S&P peers.Ivan Feinseth, 5-star analyst with Tigress Financial, writes of AT&T, “The resiliency of AT&T’s wireless business should continue to produce positive near-term Business Performance and should continue to accelerate as the economy recovers […] The ongoing 5G rollout, together with AT&T’s ability to leverage its entertainment assets for an extremely high dividend yield, will drive long-term shareholder value creation, making the shares a compelling value…”The resiliency of AT&T’s wireless business should continue to produce positive near-term Business Performance and should continue to accelerate as the economy recovers.Feinseth does not set a specific price target, but he does rate the stock a Buy. (To watch Feinseth’s track record, click here)AT&T has 11 analyst ratings, split among 7 Buys, 3 Holds, and 1 Sell. This gives the stock a Moderate Buy from the analyst consensus. Shares are selling for $29.12, and the $33.78 average price target suggests it has a 16% one-year upside potential. (See AT&T stock analysis on TipRanks)Physicians Realty Trust (DOC)Next on today’s list is Physicians Realty Trust, a real estate investment trust that focuses on the acquisition, development, and management of healthcare properties. The properties are leased to healthcare delivery systems, hospitals, and physician practices. The company has a portfolio of properties across the lower 48 states, and boasts a market cap of nearly $3.85 billion.During a pandemic crisis, owning a network of clinics and hospitals is an obvious asset. DOC bears this out in its 1H20 quarterly reports. The company reported 26 and 27 cents EPS in Q1 and Q2, in line with the results from 2019. Revenue also remained stable, and at $104.75 million is Q2, is even up slightly from Q4 of last year.Maintaining revenues and profits makes it easy to maintain the dividend. DOC has a 7-year history of keeping up its dividend, and the current payment of 23 cents per common share quarterly gives an annualized payment of 92 cents and a yield of 5%.Covering the stock for B. Riley FBR, analyst Craig Kucera sees DOC as both a strong player in its own right and a harbinger for its sector.“…the portfolio performed quite well in 2Q20 and DOC has not taken any bad debt reserves as it expects the small number of tenants who have yet to pay 2Q20 rent to pay in fairly short order. 2Q20 results were ahead of expectations, and we anticipate management to build on its investment pipeline of acquisitions, new developments and mezzanine investments over the next several quarters… Given the strength of cash collections thus far in the healthcare REIT space relative to other REIT sectors and a rapidly opening healthcare economy, we anticipate multiple expansion in the sector,” Kucera wrote. To this end, Kucera rates DOC a Buy along with with a $21 price target. That target implies 14% growth from current levels. (To watch Kucera’s track record, click here)Overall, DOC’s Moderate Buy consensus rating is based on 7 Buys and 3 Holds. Shares are currently trading for $18.42, and the $20 average target suggests a 9% upside. (See DOC stock analysis on TipRanks)LyondellBasell (LYB)Last on today’s list is LyondellBasell, a multinational global chemical company, with corporate offices in the Netherlands, the UK, and Texas. LyondellBasell is the world’s largest owner of polyethylene and polypropylene technologies, and derives much income from licensing their production. The company is also heavily involved in the ethylene, propylene, and polyolefin markets.The economic shutdown – imposed against the coronavirus – hit hard at industrial manufacturers in the 1H20. LYB saw financial results drop sharply in both Q1 and Q2. Quarterly revenues fell from $8.2 billion at the end of 2019 to $5.6 billion in 2Q20, while EPS dropped from $1.91 to 71 cents over the same period. There are two positive notes: Q2 earnings beat the forecast by 16%, and the outlook for Q3 shows a sharp turn upward, with EPS forecast at $1.20.Earlier this month, LYB paid out its dividend at $1.05 per common share. This marked the seventh consecutive quarter that the dividend has been paid at this level – it is important to note that the company did not cut or suspend its the payment, even during the height of the corona crisis. At the current level, the dividend annualizes to $4.20 per common share, and gives a yield of 5.58%.Joining the bulls, JPMorgan analyst Jeffrey Zekauskas has upgraded his stance on LYB shares from Neutral to Overweight (i.e. Buy). His $88 indicates a 15% upside potential for the coming year. (To watch Zekauskas’ track record, click here)In his comments on the stock, Zekauskas pointed out that the social lockdown policies have worked in the company’s favor.“Domestic polyethylene (PE) demand has been growing in 2020 despite the recession and the quarantines, and the US producers have been successfully addressing the export markets. The effects of strong growth in the consumer and packaging markets have more than offset contraction in the industrial sectors… We think the efficient way of investing in the effects of these trends and changes in the petrochemical industry over the coming year is through Lyondell,” Zekauskas opined. Overall, LYB shares have a Moderate Buy from the analyst consensus, based on 11 reviews that include 4 Buys and 8 Holds. The shares are selling for $76.55 and have recently appreciated right through the average price target of $74.60. Is Zekauskas’ upgrade on the stock a harbinger of more to come? This is one that bears watching. (See LYB stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
Netflix Sends Firm Response to GOP Senators Over Chinese Sci-Fi Adaptation Controversy
Netflix has issued a firm response to the five Republican senators who questioned its decision to adapt “The Three-Body Problem” sci-fi novel trilogy by Liu Cixin.
In a Sept. 24 letter, the senators, led by Sen. Marsha Blackburn of Tennessee, pointed to disparaging remarks Liu had made about Uyghur Muslims in an interview last year, and suggested that Netflix should halt its plans to adapt his books.
The streamer has stood firm in a responding letter, repeatedly pointing to the fact that “Mr. Liu is the author of the books, not the creator of this series.”
“Mr. Liu’s comments are not reflective of the views of Netflix or of the show’s creators, nor are they part of the plot or themes of the show,” wrote Netflix vice president of public policy Dean Garfield in the letter.
The company added that it does “not agree with his comments,” but went on to say that Liu’s views are “entirely unrelated to his book or this Netflix show.”
In their initial letter, the senators had accused Netflix of “complicity” over its decision to adapt Liu’s work.
“We have significant concerns with Netflix’s decision to do business with an individual who is parroting dangerous CCP propaganda,” the senators wrote. “In the face of such atrocities in (Xinjiang), there no longer exist corporate decisions of complacency, only complicity.”
In the New Yorker interview in question, Liu pushed back on the interviewer’s questions about the camps in Xinjiang, and also defended the Chinese system of government, saying that democratization would lead to chaos.
News of the series adaptation emerged earlier this month, coupled with the announcement that “Game of Thrones” producers David Benioff, D.B. Weiss would be writing alongside “The Terror” alumnus Alexander Woo, as the Netflix letter points out.
Read the streamer’s full response below:
Dear Senators Blackburn, Scott, Cramer, Tillis, and McSally:
Thank you for your letter from September 23, and your interest in the upcoming Netflix series adaptation based on The Three-Body Problem. First, we’d like to note that Netflix does not operate a service in China. We address your questions and concerns below:
Q: Does Netflix agree that the Chinese Communist Party’s interment of 1.8 to 3 million Uyghurs in internment or labor camps based on their ethnicity is unacceptable?
A: Absolutely. As the UN Declaration of Human Rights (which China has signed) states “all human beings are born free and equal in dignity and rights.”
Q: In order to avoid any further glorification of the CCP’s actions against the Uyghurs, or validation of the Chinese regime and agencies responsible for such acts, what steps will Netflix take to cast a critical eye on this project – to include the company’s broader relationship with Mr. Liu?
A: Mr. Liu is the author of the books, not the creator of this series. Mr. Liu’s comments are not reflective of the views of Netflix or of the show’s creators, nor are they part of the plot or themes of the show.
Q: Were Netflix senior executives aware of the statements made by Mr. Liu Cixin regarding the CCP’s genocidal acts prior to entering into an agreement to adapt his work? If so, please outline the reasoning that led Netflix to move forward with this project. If not, please describe Netflix’s standard process of due diligence and the gaps therein that led to this oversight.
A: Mr. Liu is a Chinese citizen living in China – he is the author of the books, not the creator of this Netflix series. The creators are David Benioff and D.B. Weiss, the creators of Game of Thrones, and Alexander Woo, executive producer/writer on the series True Blood.
Q: Does Netflix have a policy regarding entering into contracts with public-facing individuals who, either publicly or privately, promote principles inconsistent with Netflix’s company culture and principles? If so, please outline this policy. If not, please explain why not.
A: Netflix judges individual projects on their merits. Mr. Liu is the author of the book – The Three Body Problem – not the creator of this show. We do not agree with his comments, which are entirely unrelated to his book or this Netflix show.
Vice President, Global Public Policy
More from Variety
Best of Variety
Sign up for Variety’s Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
Is It Time To Consider Buying Cisco Systems, Inc. (NASDAQ:CSCO)?
Cisco Systems, Inc. (NASDAQ:CSCO) saw significant share price movement during recent months on the NASDAQGS, rising to…
Fred Perry tells right-wing group to stop wearing its iconic T-shirts
Fred Perry has told Proud Boys to stop wearing its iconic T-shirts ahead of a rally the right-wing group has organised in Portland, Oregon, on Saturday.
“It is incredibly frustrating that this group has appropriated our … twin tipped shirt and subverted our Laurel Wreath to their own ends,” the company said in a statement on its website.
“[We] do not support and [are] in no way affiliated with the Proud Boys,” the British heritage brand added, distancing itself from the self-declared “Western chauvinist” outfit.
“To be absolutely clear, if you see any Proud Boys materials or products featuring our Laurel Wreath or any Black/Yellow/Yellow related items, they have absolutely nothing to do with us, and we are working with our lawyers to pursue any unlawful use of our brand.”
Some Proud Boys supporters appeared to be undeterred by Fred Perry’s message. “That moment when you make Fred Perry stop making a design they’ve had for decades. Maybe we’ll change our colors to one of their best sellers just to flex,” one wrote on Twitter.
At least several thousand Proud Boys are expected at Saturday’s rally in support of president Donald Tump and his “law and order” reelection campaign, as tensions boil over nationwide following prosecutors’ decision not to charge Kentucky officers over the killing of Breonna Taylor in Louisville in March.
Proud Boys has said the rally is a free speech event to support Trump and the police, restore law and order and condemn anti-fascists, “domestic terrorism” and “violent gangs of rioting felons” in the streets.
Local and state elected officials forcefully condemned the event and rushed to shore up law enforcement ranks as left-wing groups organized several rallies to oppose the Proud Boys’ message.
Oregon governor Kate Brown on Friday said she was sending state troopers to help the Portland police and was creating a unified command structure among city, regional and state law enforcement — a tactic that essentially circumvents a city ban on the use of tear gas as a crowd-control measure.
The state police said a “massive influx” of troopers would be in Portland by Saturday morning.
That moment when you make Fred Perry stop making a design they’ve had for decades…
Maybe we’ll change our colors to one of their best sellers just to flex. https://t.co/q2bo9BKfj8
— Enrique Tarrio (@enrique_tarrio) September 26, 2020
“This is a critical moment. We have seen what happens when armed vigilantes take matters into their own hands. We’ve seen it in Charlottesville, we’ve seen it in Kenosha and, unfortunately, we have seen it in Portland,” she said, referencing deaths in Virginia, Wisconsin and Oregon during clashes between those on the right and left of the political spectrum.
“The Proud Boys and Patriot Prayer groups have come time and time again looking for a fight, and the results are always tragic. Let me be perfectly clear, we will not tolerate any type of violence this weekend,” said Brown, a Democrat. “Left, right or center, violence is never a path towards meaningful change.”
In 2019, Fred Perry made the decision to stop selling its Black/Yellow/Yellow twin tipped shirt in the US and Canada “until we’re satisfied that its association with the Proud Boys” has ended.
“Fred was the son of a working class socialist MP who became a world tennis champion at a time when tennis was an elitist sport. He started a business with a Jewish businessman from Eastern Europe. It’s a shame we even have to answer questions like this. No, we don’t support the ideals or the group that you speak of. It is counter to our beliefs and the people we work with,” John Flynn, Fred Perry Chairman has previously said.
Far-right Proud Boys members wearing MAGA hats ‘infiltrate Bernie Sanders rally’
Police fist bump Trump supporter from far-right Proud Boys group after 4th of July clashes
Australia denies visa to Proud Boys founder Gavin McInnes for upcoming tour with Tommy Robinson
- Netflix Sends Firm Response to GOP Senators Over Chinese Sci-Fi Adaptation Controversy
- Is It Time To Consider Buying Cisco Systems, Inc. (NASDAQ:CSCO)?
- “I’m definitely excited to go back’
- Fred Perry tells right-wing group to stop wearing its iconic T-shirts
- China’s back, EVs booming, outlook uncertain
- The coronavirus pandemic by the numbers
- 13 best movies leaving Netflix, Hulu, HBO, and Amazon in October 2020
- How Jamal Murray ended up the in ‘Schitt’s Creek’ Rosebud motel
- Fernandes’ 100th minute penalty hands Man Utd win at Brighton
- Three men are accused of creating ‘man cave’ under Grand Central station [Video]
Entertainment7 days ago
Danish TV show ‘Ultra Strips Down’ records kids eyeing naked adults
Sports News2 days ago
US Olympian Chloe Dygert crashes over guardrail in cycling accident
Sports News3 weeks ago
Fantasy Football Auction Draft strategy: Tips, advice for spending your 2020 player budget wisely
Sports News3 weeks ago
NBA 2K21 Cover Star Damian Lillard Reveals His Issues With the Game
Sports News5 days ago
Fantasy Football Buy-Low, Sell-High Stock Watch: Leonard Fournette, Stefon Diggs among movers heading into Week 3
Tech5 days ago
iOS 14 basics: how to add widgets to your iPhone’s home screen
Sports News3 weeks ago
NBA playoff bracket 2020: Updated standings, seeds & results from each round
Sports News2 weeks ago
NFL Analyst Takes a Cheeky Dig on Browns Stars Odell Beckham Jr. and Baker Mayfield