5 blue-chip “strong buy” stocks with dividends likely to rise this week – 24/7 Wall St.

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After years of low interest rates, many investors have turned to equities, not only for their growth potential, but also for strong and reliable dividends that help provide an income stream. This equals total return, which is one of the most powerful investment strategies.

We like to remind readers of the impact of total return on portfolios because it’s one of the best ways to improve the odds of overall investment success. Again, total return is the combined increase in a stock’s value and dividends. For example, if you buy a stock at $20 that pays a dividend of 3% and it grows to $22 in one year, your total return is 13%. Or 10% for the increase in the share price and 3% for the dividends paid.

Five Wall Street favorite large-cap companies are set to increase their dividends this week, so we sifted through our 24/7 Wall St. research universe and found that all are rated Buy in some of the best companies on Wall Street. While it’s always possible that not everyone will increase their dividends, top analysts expect them to. Typically, the data is based on past increases in the company’s dividend payouts.

It is important to remember that no single analyst report should be used as the sole basis for any buy or sell decision.

Applied materials

It is one of the leading stocks of semiconductor capital goods. Applied Materials Inc. (NASDAQ: AMAT) provides manufacturing equipment, services and software to the semiconductor, display and related industries. It operates through three segments.

The Semiconductor Systems segment develops, manufactures and sells various manufacturing equipment used to manufacture semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitrification, rapid heat treatment, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical, atomic layer deposition, etching and selective deposition and removal, as well as metrology and control tools.

The Applied Global Services segment provides integrated solutions to optimize equipment and plant performance and productivity, including spare parts, upgrades, services, remanufactured previous generation equipment and plant automation software. factory for semiconductors, displays and other products.

The Display and Adjacent Markets segment offers products for the manufacture of liquid crystal displays, organic light-emitting diodes and other display technologies for televisions, monitors, laptops, personal computers, tablet computers, smartphones and other large devices. public, as well as flexible substrate processing equipment.

Shareholders currently receive a dividend of 0.76%. The company is expected to increase the dividend from $0.24 per share to $0.26. Citigroup recently raised its $178 price target on Applied Materials shares to $180. The consensus target is $172.82 and Friday’s close trade was posted at $125.74, down almost 4% for the day.

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