Free Trial

The 5 top-rated dividend stocks by analysts

Dividend stocks

Key Points

  • Marketbeat's tools include analyst-tracking algorithms.
  • The website can rank stocks by their average ratings and be sorted in numerous ways.
  • This is a list of the top five highest-rated dividend-paying stocks at the end of 2023. 
  • 5 stocks we like better than Copa.

Marketbeat.com provides many tools for investors, including analyst-tracking algorithms. A single upgrade is worthless, but a trend of upgrades can repeatedly drive a stock to new highs. Today, we’re looking at the five top-rated by analysts as tracked by Marketbeat. What does top-rated mean? In this case, these stocks have the highest average analyst rating over the last 12 months. A perfect score of 4.00 means 100% Buy ratings; these stocks are all rated at 3.0 or better, with yields between 3% and 13%. 

Copa Holdings: connecting Latin America

Copa Holdings NYSE: CPA is the holding company for various airlines operating under the Copa Airlines umbrella. It is the highest-rated dividend stock, with a score of 3.33 and a yield near 3.0%. Analysts rate this stock a firm Buy and view it as undervalued, enhancing the opportunity. The stock trades 17% below the lowest price target and could advance 45% if it moves up to the consensus. 

The dividend is safe for 2024. The company cut its payment along with the rest of the global industry during the COVID-19 pandemic but has since returned it. The 3% yield is less than 25% of the earnings consensus for this year and next, and growth is in the forecast. Growth is expected on the top and bottom lines in 2024, and analysts may underestimate demand. 

CPA STOCK CHART

Kimbrell Royalty Partners: making money on mineral rights

Kimbrell Royalty Partners NYSE: KRP is the 2nd highest-rated dividend stock with the highest yield. The TTM payments are running at 13% of the stock price and may continue to run at that level in 2024. The company’s business is supported by incrementally growing demand for natural gas and a lean into acquisitions that will boost results dramatically in 2024. Analysts expect revenue to grow by 26% and drive a leveraged impact on the bottom line. Kimbrell trades well below its lowest price target, about 13% and 26% below the consensus. 

KRP stock chart

ConnectOne Bancorp, connecting the north and south

ConnectOne Bancorp NASDAQ: CNOB is a smaller financial institution serving the New York and southern Florida markets. It is the 3rd highest-rated dividend stock and pays about 3.0%, with shares trading near 10X earnings. The five analysts with ratings tracked by Marketbeat have it pegged at Buy and see it trading near its floor, a level only recently regained. The market for this stock recovered from the 2023 banking scare and looks ready to move higher; the consensus target is about 10% above the recent action. 

ConnectOne’s dividend is secure. The company pays about 20% of its earnings as dividends and is expected to sustain its earnings power into 2025. The company is also growing the payout at a double-digit pace and can be expected to continue that trend in 2024. 

CNOB stock chart

Brookfield Infrastructure Partners: real assets at work around the world 

Brookfield Infrastructure Partners NYSE: BIP is a limited partnership investing globally in real assets and infrastructure. The company operates in electric generation, natural gas, rail, fiber optic cable and semiconductor manufacturing. It is the 4th highest-rated dividend stock and yields about 5%. This yield is reliable. It is running at less than 50% of the FFO or funds from operations and has been increased annually for over a decade. Analysts view it as undervalued, trading 10% below the lowest price target and 26% below the consensus.

BIP stock chart

Atlas Energy Solutions: sand pays big money 

Atlas Energy Solutions NYSE: AESI is an interesting play on the fracking regions of Texas. The company provides proppant or sand to the frackers they can use to keep the fractures open. Analyst rate this stock a Buy and see it rising 40% at the low end of their expected range. The dividend is worth about 3.0%, and the distribution can be expected to grow. The payout ratio at the end of 2023 was less than 20%, with significant earnings growth expected in 2024. 

AESI stock chart

Should you invest $1,000 in Copa right now?

Before you consider Copa, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Copa wasn't on the list.

While Copa currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Atlas Energy Solutions (AESI)
3.4036 of 5 stars
$22.37-4.4%4.29%28.32Moderate Buy$24.44
Brookfield Infrastructure Partners (BIP)
4.1643 of 5 stars
$34.41-1.5%4.71%-90.55Buy$40.20
ConnectOne Bancorp (CNOB)
4.5401 of 5 stars
$27.06-0.3%2.66%15.55Buy$28.00
Kimbell Royalty Partners (KRP)
3.9448 of 5 stars
$15.74-1.3%10.42%30.86Moderate Buy$20.40
Copa (CPA)
4.904 of 5 stars
$89.63flat7.19%5.93Buy$148.83
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

Recent Videos

Trinity Capital: The Dividend Stock Built for Growth
TSMC & NVIDIA: What U.S. Blackwell Chips Could Mean for Their Stocks
2025 Gold Forecast: A Perfect Storm for Demand and New Highs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines