Us stocks tumbled after Federal Reserve Chairman Powell's hawkish remarks on Friday, with the three major indices giving up days of gains and falling back to levels last seen in early August.
In times of economic uncertainty, stocks with above-average dividend yields are often considered safe havens. Goldman Sachs Group analysts say dividend-paying stocks are usually in a strong position in times of high inflation, and such companies usually have strong balance sheets, an advantage that can help them fend off risks in a recession.
In this contextGoldman Sachs Group's team of analysts recently made a list of stocks that offer attractive valuations, high dividend yields and robust growth prospects.Here are the three companies on the list:
1、$Pioneer Natural Resources (PXD.US)$
Pioneer Natural Resources is an independent oil and gas exploration and producer. With oil and gas prices rebounding strongly this year, the company's shares are up nearly 50% so far this year-in sharp contrast to the double-digit decline in the market.
More importantly, the company pays out dividends very generously.
The pioneer natural resources board recently announced a third-quarter cash dividend of $8.57 per share, with an annualised dividend yield of 13.3%.
It is important to note, however, that the company has a base plus variable dividend policy, and the recently announced dividend includes a base quarterly dividend of $1.10 and a variable dividend of $7.47.
In other words, dividends are not static, but the company is likely to continue to pay huge dividends if the energy commodity market remains strong.
2、$Lumen Technologies (LUMN.US)$
Lumen Technologies is a technology and communications company that provides a wide range of network, edge cloud, security, communications and collaboration solutions with customers in more than 60 countries and 450000 miles of communication fiber.
Unlike pioneer natural resources, Lumen Technologies is not a hot stock-the share price is down about 10% so far this year, but it still deserves the attention of dividend-focused investors.
Lumen Technologies's latest quarterly dividend was 25 cents per share, with an annualized dividend yield of 9.3%.
In its second-quarter results, the company reiterated its full-year outlook, including a full-year dividend of $1 per share, totaling about $1.04 billion. At the same time, management expects the company to generate $2 billion to $2.2 billion in free cash flow this year. So if the company completes the guidelines, it will be able to easily pay dividends in 2022.
Simon Real Estate is a self-managed real estate investment trust that owns commercial real estate in North America, Europe and Asia, including shopping centers, OUTLETS centers and community centers. As of the end of June, its US malls and OUTLETS had an occupancy rate of 93.9 per cent.
Holding REITs (real estate investment trusts) is equivalent to rental income without becoming a landlord, so it is particularly attractive to investors who want a stable income.
The company has raised its quarterly dividend twice in a rowFrom $1.65 a share to $1.7 a share, and then to $1.75 a share.
Based on current stock prices,Simon property earns an annualized dividend yield of 6.7%.
Edit / lydia