President Trump’s announcement that he tested positive for the coronavirus made headlines, but the dog that didn’t bark provides a more interesting point. Wall Street is no longer as concerned about the Coronavirus. The perception is that the virus will fade or a vaccine will be developed, but either way the economy will improve. However, according to an RBC poll of portfolio managers, the upcoming November elections pose a clear risk to the markets. A large majority of investors surveyed, 76%, fear the election will be challenged, leading to weeks – possibly months – of uncertainty. And uncertainty is bad for the markets. Current events and a not too distant story confirm them. For history, all we have to do is look back to 2000 when it lasted through December 12th and file an appeal with the Supreme Court to rule on the results of the Florida recount. The S&P 500 was down 5% in those weeks – and that was the uncertainty caused by a state that received a limited number of votes. The point here is not that this choice will be fraudulent or illegal. Rather, as with Caesar’s wife, choice should be above perception of inappropriateness – and this year that bar may be too high. And then the challenges begin. In the RBC survey, 83% of portfolio managers believed such challenges of questioning election results (from both directions) would be net negative for the equity market. And only a small minority, 14%, believe the final results will be known when the polls close on Election Day, November 3rd. And that’s exactly what brings us to dividend stocks today. When investors get nervous, they look for a way to protect their portfolios – and dividends that promise the promise of a steady stream of income may be exactly the answer skittish shareholders are looking for. Analysts at the research company Compass Point agree. You have selected three stocks whose dividends will yield 7% or more. We pulled the TipRanks data to find out what makes these compelling purchases in turbulent times. Saratoga Investment Corporation (SAR) We start with Saratoga Investment Corporation, a medium-sized investment management company that specializes in debt, appreciation, and appreciation. and holdings. Saratoga manages over $ 480 million in net worth. The portfolio includes home, industrial, software and waste disposal. The variety and the stocks selected are designed to provide the company with a steady stream of income. This does not mean that Saratoga was able to dodge the corona bullet. The company posted negative sales in the second quarter and a decrease in EPS from 61 cents in the first quarter to 51 cents in the second quarter. As a result, Saratoga announced it was deferring its dividend for the fourth quarter as a cash-saving measure during the pandemic crisis. Saratoga declared its dividend for the first quarter at 40 cents per common share in July – and paid it out in August. There is reason to trust. The company has $ 9 million in tied but undrawn credit, as well as $ 155 million in available credit facilities, a new baby bond issue of $ 43.1 million, and $ 282 million in equity – All versus just $ 60 million in long-term debt. While the restored dividend is 28% lower than the company’s last dividend payment, the new payout reflects Saratoga’s liquidity position. The current payment is $ 1.60, giving a return of 9.2% or more than 4.5 times the average return of S&P listed companies. Analyst Casey Alexander wrote of Compass Point’s new dividend: “[With] The dividend has now officially been reset to $ 0.40 per quarter. It’s time to make lemonade out of the lemons that were given to investors. While we may not be finished with credit problems, SAR has set the dividend at a level that will allow the BDC to return, and the QoQ dividend pattern increases when the BDC’s current earning power is well above the new dividend’s level. “Taking all factors into account, Alexander rates the SAR share with a buy and gives it a price target of USD 19.75, which means an upward movement of 16% for the coming year. (To see Alexander’s track record, click here.) Overall, Saratoga received a unanimous Strong Buy rating from analyst consensus based on 3 recent positive reviews. The shares sell for $ 17.02 and have an average price target of $ 22.58, which is slightly more bullish than Alexander’s and suggests an uptrend of ~ 33% for a year. (See SAR stock analysis on TipRanks) Solar Capital, Ltd. (SLRC) The next stock on our list, Solar Capital, is an investor in senior secured loans and subordinated debt with an investment portfolio of medium-sized companies. The company invests capital in investment grade loan instruments and provides additional funding to its customer base. Solar Capital has a $ 1.4 billion portfolio invested in 183 companies across 80 businesses. Solar Capital was able to keep profits positive during the “Corona half” despite a sharp drop in profits for the first and second quarters. In a ray of light, sales that turned negative in the first quarter were positive again in the second quarter, and projections for third quarter earnings show the decline will either slow down or stop – we’ll find out which ones in the third quarter on Jan. November. Despite all of this uncertainty, Solar Capital has maintained its stable dividend. The company has a 7-year history of reliable dividend payments, and its current quarterly dividend of 41 cents has been paid consistently over the past 11 quarters. With an annualized payment of $ 1.64, the dividend is currently 10.5%. In an era of near zero official interest rate policy, this offers SLRC an enviable return. Casey Alexander at Compass Point, who also covers SAR, points out that SLRC’s dividend is the main attraction for investors – and that management nurtured it for exactly that purpose. “Management has announced its intention to continue paying the dividend of $ 0.41 per share as it believes that dividend coverage will be visible as new assets emerge with higher spreads. This is the environment SLRC has been waiting for and which has been the main reason for maintaining an underfunded stance in recent years, ”noted Alexander. With visible dividend coverage, Alexander gives SLRC a buy rating. His target price of $ 17.75 shows confidence in an upside of 12%. This is another stock with a unanimous consensus rating for strong buy. SLRC is pretty with 5 positive reviews. The average target price is $ 18.20, an upward movement of ~ 15% from the current share price of $ 15.86. (See SLRC stock analysis on TipRanks.) First Hawaiian (FHB) Our final stock today, First Hawaiian, is the holding company of First Hawaiian Bank. First Hawaiian offers private and business customers the usual range of banking services with 53 branches in the Hawaiian Islands and three more in Guam and two on Saipan. Banking services include loans, deposit accounts, credit and debit cards, mortgages, insurance, and retirement planning. The recently closed second quarter showed mixed results. Revenue decreased sequentially from $ 164 million to $ 152 million, but was modest compared to the 46% decline in earnings. Earnings per share for the second quarter were 16 cents on net income of $ 20 million. The bright spots for the quarter were total loans, which grew 3% to $ 383 million, and deposit balances, which increased sequentially by 13% to $ 2.3 billion. The bank’s total assets at the end of the second quarter of 20 were $ 23 billion, up 10% from the end of the first quarter. This is the background to management’s July dividend declaration. The company’s board of directors approved a regular quarterly dividend of 26 cents, which was paid out in early September. With an annualized dividend of $ 1.04, this dividend is 7.2%, well above the average yield – and well above the current yield on government bonds. FHB has a 4 year history of reliable dividend payments and the latest statement marks the seventh straight quarter at current levels. Compass Point analyst Laurie Havener Hunsicker believes that a macroeconomic view of FHB warrants an optimistic stance. “The FHB clearly outperformed itself in the last credit crisis. Past results do not determine future performance, but we are impressed with the FHB management team and their credit culture. In addition, we believe that FHB is well positioned to outperform credit again during the COVID-19 crisis, ”stated the analyst. According to their comments, Hunsicker rates FHB with a buy and sets a price target of $ 21, which offers room for robust development in the stock’s 46% gain over the next year. (To see Hunsicker’s track record, click here.) Wall Street isn’t sure about the FHB, however, and analysts are evenly distributed. The most recent ratings are 1 buy, 1 hold and 1 sell – for an analyst consensus rating of hold. FHB shares sell for $ 14.42 with an average price target of $ 16.67, which translates into upside potential of 15%. (See First Hawaiian’s stock analysis at TipRanks.) To find great ideas for trading dividend stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all of TipRanks’ stock insights. Disclaimer: The opinions expressed in this article are solely those of the analysts presented. The content is intended to be used for informational purposes only. It is very important that you do your own analysis before making any investment.