Back to top

Image: Bigstock

Zacks.com featured highlights include Jones Lang LaSalle, Archer-Daniels-Midland, Broadcom, J.B. Hunt Transport Services and EOG Resources

Read MoreHide Full Article

For Immediate Release

Chicago, IL – March 24, 2022 – Stocks in this week’s article are Jones Lang LaSalle Inc. (JLL - Free Report) , Archer-Daniels-Midland Co. (ADM - Free Report) , Broadcom Inc. (AVGO - Free Report) , J.B. Hunt Transport Services (JBHT - Free Report) and EOG Resources (EOG - Free Report) .

5 Dividend Stocks That Offer Growth Amid Volatility

Wall Street has been witnessing bouts of volatility and uncertainty triggered off by a war in Ukraine and 4-decade high inflation. Amid such a scenario, investors seek consistent and safe income, thereby driving the appeal for dividend investing. Though the strategy does not offer dramatic price appreciation, it is a major source of consistent income for investors in any market. In particular, focusing on the growth level in this strategy leads to higher returns.

Stocks with a strong history of year-over-year dividend growth form a healthy portfolio, with a greater scope of capital appreciation, as opposed to simple dividend-paying stocks or those that have high yields. We have selected five dividend growth stocks — Jones Lang LaSalle Inc., Archer-Daniels-Midland Co., Broadcom Inc., J.B. Hunt Transport Services and EOG Resources — that could be compelling picks amid market volatility.

Why Dividend Growth?

Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and act as a hedge against economic or political uncertainty as well as stock market volatility. At the same time, these offer downside protection with their consistent increase in payouts.

Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sustainable business model, a long track of profitability, rising cash flows, good liquidity, a strong balance sheet and some value characteristics. Further, a history of strong dividend growth indicates that dividend increase is likely in the future.

Although these stocks do not necessarily have the highest yields, they have outperformed for a longer period than the broader stock market or any other dividend-paying stock.

Here are the five of the 16 stocks that fit the bill:

Chicago-based Jones Lang is a leading full-service real estate firm that provides corporate, financial and investment management services to corporations and other real estate owners, users and investors worldwide. Jones Lang has seen positive earnings estimate revision by $1.06 over the past month for this year with an expected modest earnings growth rate of 0.05%.  

Jones Lang has a Zacks Rank #1 and Growth Score of A. You can see the complete list of today's Zacks #1 Rank stocks here.

Illinois-based Archer-Daniels is one of the leading producers of food and beverage ingredients as well as goods made from various agricultural products. ADM saw a positive earnings estimate revision of a penny for this year and delivered a four-quarter average earnings surprise of 21.89%.

Archer-Daniels has a Zacks Rank #1 and a Growth Score of A.

California-based Broadcom is a premier designer, developer and global supplier of a broad range of semiconductor devices with a focus on complex digital and mixed-signal complementary metal oxide semiconductor-based devices and analog III-V based products. The stock saw a solid earnings estimate revision of $2.34 for the fiscal year (ending October 2022) over the past 30 days and has an expected earnings growth rate of 26.7%.

Broadcom has a Zacks Rank #2 and a Growth Score of A.

Arkansas-based J.B. Hunt Transport is a provider of a broad range of transportation services to a diverse group of customers through the United States, Canada and Mexico. JBHT saw a positive earnings estimate revision of a penny over the past 30 days for this year and has an expected earnings growth rate of 20.6%.

J.B. Hunt has a Zacks Rank #2 and a Growth Score of B.

Texas-based EOG Resources is primarily involved in exploring and producing oil and natural gas. The stock has seen a solid earnings estimate revision of 53 cents for this year over the past month and has an estimated earnings growth rate of 39.6%.

EOG Resources has a Zacks Rank #2 and Growth Score of A.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1886066/5-dividend-stocks-that-offers-growth-amid-volatility

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

Follow us on Twitter:  https://www.twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

Visit: https://www.zacks.com/

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Published in