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November was quite volatile as high valuations of artificial intelligence stocks and expectations of a rate cut in December weighed on investor sentiment. Those seeking a stable income in this uncertain environment can consider strengthening their portfolio by adding some dividend stocks.
Given the vast universe of dividend stocks, choosing attractive stocks could be a challenge. In this regard, recommendations from top Wall Street analysts can be helpful in decision making as their selection is based on in-depth analysis and thorough research.
Here are three dividend stocks highlighted by Wall Street's top pros, tracked by TipRanks, a platform that ranks analysts based on their past performance.
MPLX
MPLX (MPLX) is a master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. The company announced a third-quarter distribution of $1.0765 per common unit, representing year-over-year growth of 12.5%. With an annual distribution of $4.31 per share, MPLX offers a yield of 8.03%.
In a recent research report, RBC Capital analyst Elvira Scotto reiterated her Buy rating on MPLX stock and increased the price target to $60 from $58. In comparison, TipRanks AI analyst has given MPLX stock an “Outperform” rating and set a $59 price target.
“We continue to view MPLX as one of the most attractive income companies among large-cap MLPs with an attractive current yield of ~8% and plan to continue to grow,” Scotto said.
The top-rated analyst expects MPLX to deliver higher year-over-year EBITDA (earnings before interest, taxes, depreciation, and amortization) growth from 2025 to 2026, driven by the expansion of key projects such as the Secretariat processing plant, the Titan sour gas processing expansion, and the BANGL pipeline system.
Additionally, Scotto is optimistic that MPLX will deliver mid-single-digit EBITDA growth beyond 2026, driven by contributions from the Eiger pipeline and its Gulf Coast fractionation and export facilities, as well as potential mergers and acquisitions. While Scotto slightly reduced its 2025 and 2026 adjusted EBITDA estimates following third-quarter results, it continues to expect MPLX to achieve its mid-single-digit annual growth target.
Meanwhile, Scotto maintained its per unit distribution estimates and expects an increase of 12.5% in 2026, followed by a gradual increase of 12.5% in 2027, in line with the company's distribution growth target.
Scotto is ranked #333 among more than 10,100 analysts tracked by TipRanks. Their valuations were profitable 64% of the time and delivered an average return of 11.4%.
ConocoPhillips
Another dividend-paying energy stock on this week's list is ConocoPhillips (POLICEMAN). Earlier this month, the oil and gas exploration and production company announced an 8% increase in its dividend to $0.84 per share for the fourth quarter, payable on December 1. COP stock offers a dividend yield of 3.65%.
After meeting with ConocoPhillips CEO Ryan Lance, Piper Sandler analyst Ryan Todd reiterated his Buy rating on COP stock with a price target of $115. TipRanks AI analyst is also bullish on ConocoPhillips stock and has assigned an “Outperform” rating with a price target of $96.
“In terms of resource depth and diversity, we see COP as better positioned than any other company in our coverage universe,” Todd said. He highlighted that ConocoPhillips has an industry-leading drilling inventory of 22 years, as well as strong growth in LNG and conventional US projects over the next four years. Todd claims the market may still be underestimating COP's growth prospects beyond 2030, with huge growth potential in the L48 countries of the US, Alaska, Norway and Surmont and Montney in Canada.
Todd is also impressed with ConocoPhillips' cost-cutting efforts. He highlighted that COP has reduced adjusted operating costs by 8%, or $900 million, since 2024, with guidance for 2026 calling for another $400 million in cost reductions.
Additionally, high-quality assets and lower costs are driving unprecedented free cash flow (FCF) growth for COP through 2030, with FCF/share estimated to grow at a compound annual growth rate (CAGR) of 12% from 2025 to 2030 at $70/bbl Brent, above the peer average of 8%. While investors fear that most growth will occur after the Willow Project begins contributing in 2029, Todd believes that near-term catalysts are likely being underestimated. Todd estimates that Willow's FCF/share will grow 6% per year from 2025 to 2028, still putting COP third among peers.
Todd is ranked #716 among more than 10,100 analysts tracked by TipRanks. His reviews were successful 58% of the time and delivered an average return of 8.4%.
International business machines
Finally, let's take a look at the technology giant IBM (IBM), which returned $1.6 billion to shareholders through dividends in the third quarter. With a quarterly dividend of $1.68 per share (annualized dividend of $6.72 per share), IBM offers a yield of 2.22%.
After meeting with management, Evercore analyst Amit Daryanani reiterated a buy rating on IBM shares with a price target of $315. TipRanks AI analyst rates IBM stock “Outperform” and a price target of $349.
Among other things, Daryanani emphasized that despite uncertainties related to tariffs, interest rates, inflation and geopolitics, management is optimistic about the broader macroeconomic backdrop and expects technology spending to be 2 to 3 points above GDP growth. Over the medium term, IBM expects sustained mid-single-digit annual revenue growth, driven by approximately 10% growth in its software business, above-market growth in its consulting business and a 1% to 3% increase in infrastructure segment revenue.
The top-rated analyst also noted IBM's business transformation over the past five years, including Red Hat's acquisition and divestiture of GTS and other non-core assets. This transformation has helped IBM grow steadily through solid free cash flow and increasing pre-tax profit margins.
Additionally, Daryanani also discussed management's optimism about enterprise AI and the enormous opportunities in the quantum space. “We see multiple growth vectors in the medium term,” Daryanani concluded.
Daryanani is ranked #187 among more than 10,100 analysts tracked by TipRanks. Its valuations were profitable 61% of the time and delivered an average return of 16.5%.