Dividend stocks are a savvy way to ride out the choppy markets right now. According to Bank of America, dividends can be a sign of corporate financial health. It says: “Dividends may help to mitigate portfolio losses when stock prices decline, and over long-time horizons, stocks with a history of increasing their dividend each year have also produced higher returns with considerably less risk than non-dividend-paying stocks.”

Indeed, all these five dividend stocks all share a ‘Strong Buy’ rating from the Street. We found these compelling dividend stocks using TipRanks’ powerful stock screener. By filtering for dividend stocks with mainly buy ratings from the last three months, we pinpointed a list of top dividend stock ideas. So without further ado, let’s dive in and take a closer look at what the Street’s top analysts are saying about these five stocks right now:

1. Broadcom 

Semiconductor giant Broadcom Limited (Nasdaq:AVGO) has just paid a dividend of $1.75, up from $1.02 in September. Indeed, with a dividend yield of 2.8%, AVGO has an impressive dividend growth record of eight years and counting.

From a Street perspective, AVGO is one of the best investments out there. The stock has received 23 buy ratings and just 1 hold rating in the last three months. These analysts see AVGO spiking 30% to hit $322 in the next year. Top Oppenheimer analyst Rick Schafer says “We believe AVGO has one of the most strategically and financially attractive business models in semiconductors.”

In his most recent report (“Quality without Qualcomm”) he gives four key reasons for AVGO’s positive outlook, namely: 1) sustained competitive advantage in high-end filters; 2) a highly diversified, differentiated and “sticky” non-mobile business offering; 3) a manufacturing advantage; 4) substantial EPS and free cash flow accretion from the recently completed Brocade acquisition.

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