America goes to the polls on Tuesday (effectively, really, America has been early voting for a number of weeks, now), and whereas Democrat Joe Biden has a stable lead within the polls, there’s a few of proof that President Trump should still win a second time period. Lastly, with the entire early voting, mass absentee ballots, and attainable prolonged counting deadlines, we’d not know on Tuesday evening who the winner is.It’s a state of affairs fabricated from uncertainty, and monetary markets don’t like that. Which brings us to dividend shares. Traders need a pad, one thing to guard their portfolio in case of a market drop, and dividends supply simply that. These profit-sharing funds to stockholders present a gentle revenue stream, that sometimes stays dependable even in a modest downturn. Wall Avenue’s analysts have been doing a number of the footwork for us, pinpointing dividend-paying shares which have saved up excessive yields, a minimum of 8% to be actual. Opening up the TipRanks database, we look at the main points behind these funds to seek out out what else makes these shares compelling buys.Altria Group, Inc. (MO)We’ll begin with Altria Group, the tobacco firm finest identified for its iconic Marlboro cigarettes. Altria, like most of the so-called ‘sin shares,’ is among the market’s dividend champions, with a protracted historical past of dependable, high-yielding funds. The corporate has benefited from a psychological quirk of human nature throughout such a wild yr as 2020: Folks will hunker down if needed, however they gained’t quit their small pleasures.Cigarettes are precisely that, and despite the fact that total smoking charges have been declining in recent times, Altria noticed secure monetary leads to the previous couple of quarters. The primary and second quarters each confirmed $1.09 in earnings, effectively above the 97 cents anticipated in Q1 and modest beat towards Q2’s $1.06 forecast. Revenues hit $5.06 billion in Q2, in-line with the 2 earlier quarters.Wanting forward, analysts count on Altria to put up $1.15 per share in earnings on $5.5 billion in revenues when it reviews Q3 outcomes. That report is due out tomorrow morning. Assembly these outcomes will assist Altria keep its dividend – though the corporate has a long-standing, very public, dedication to do exactly that. Altria has saved its dividend dependable for the previous 12 years, and for the final fee, made it September, the corporate even barely raised the payout by 2.4%. The present dividend is 86 cents per frequent share, or $3.44 annualized, and yields a formidable 8.8%. Altria within the lead-up to the Q3 report, Deutsche Financial institution analyst Stephen Powers writes, “[We] are positively biased on firm fundamentals as we strategy MO’s outcomes subsequent week—strengthened by wholesome scanned channel demand intraquarter throughout MO’s core tobacco companies, with explicit power in cigarettes pushed by the Marlboro model… we consider continued operational execution in its core enterprise will allow MO to extra credibly place itself as a secure core tobacco funding…”Powers charges the inventory as a Purchase, and his $51 value goal implies a 37% upside for the approaching yr. (To observe Powers’ monitor document, click on right here)Total, Altria has a Average Purchase score from the analyst consensus, based mostly on 3 Buys and a couple of Holds set in latest weeks. The inventory’s present share value is $37.04, and the typical value goal of $46 suggests a 24% one-year upside. (See MO inventory evaluation on TipRanks)American Finance Belief (AFIN)Subsequent on our record is a Actual Property Funding Belief, a REIT. These firms are identified for his or her excessive dividends, a truth ensuing from a quirk of tax regulation. REITs are required to return a sure proportion of income on to shareholders, and dividends are one of many surest technique of compliance. AFIN, which focuses its portfolio on single- and multi-tenant service-retail properties, is typical for its area of interest.And its area of interest has been stable. AFIN boasts main firms like House Depot, Lowe’s, and Greenback Common amongst its prime ten tenants, and introduced earlier this month that it has collected over 91% of its third quarter rents. Looking forward to Q3 outcomes subsequent week, EPS is predicted at 23 cents, a 15% improve from Q2. The corporate provides a month-to-month dividend, at a charge of seven.1 cents per frequent share, as a substitute of the extra frequent quarterly funds. The month-to-month format permits some flexibility in managing changes to the payout charge; in April, AFIN diminished the dividend from 9 cents to 7.1 as a part of efforts to handle the corona disaster results on enterprise. The present fee annualizes to 85.2 cents per share, and yields a strong 14.7%. That is greater than 7x larger than the typical dividend yield discovered amongst S&P 500 firms.B. Riley analyst Bryan Maher notes the difficulties that AFIN has confronted, as a property proprietor and supervisor throughout an financial downturn, however is assured within the firm’s capacity to satisfy the challenges.“Like most REIT’s, AFIN has been impacted by the COVID-19 pandemic, which isn’t stunning given its portfolio has a lot of service retail belongings. Nonetheless, 71% of the portfolio is necessity-focused retail, with the stability being distribution and workplace properties. As such, AFIN collected 84% of money rents due in 2Q20, together with 96% of the money lease due from its prime 20 tenants. Money lease assortment for July improved to 88%. AFIN has been proactive in working with sure tenants to barter lease deferrals/credit…” Maher famous. To this finish, Maher charges AFIN inventory a Purchase, and offers it a $10 value goal. At present buying and selling ranges, this suggests a powerful one-year upside potential of 76%. (To observe Maher’s monitor document, click on right here)AFIN is priced at $5.69, and its common goal matches Maher’s, at $10. The inventory has a Average Purchase from the analyst consensus, based mostly on a good break up between Purchase and Maintain evaluations. (See AFIN inventory evaluation on TipRanks)Golub Capital BDC (GBDC)Final however not least is Golub Capital, a enterprise improvement firm and asset supervisor. Golub works with center market firms, offering options for financing and lending. The corporate boasts a market cap of $2.2 billion, in addition to over $30 billion in capital underneath administration.Within the months because the corona virus disaster hit the financial system, Golub has seen a depressed share value and excessive volatility in its earnings. The inventory is down 28% year-to-date. Earnings, which collapsed in 4Q19, have been bouncing in 2020. The primary quarter confirmed 33 cent per share, whereas the Q2 determine got here in at 28 cents. Wanting forward, the forecast expects a repeat of the second quarter EPS determine, 28 cents. Revenues have been simply as risky; the primary quarter noticed a deep internet loss, however Q2 noticed the highest line bounce again to $145 million. This was the best quarterly income determine prior to now yr.Golub believes in maintaining the dividend for buyers, providing not solely a dependable common fee but in addition periodic particular dividends. The corporate adjusted the fee earlier this yr, each to maintain it reasonably priced throughout the coronavirus disaster and to maintain the yield from getting too excessive. The consequence was a 12% reduce, making the present fee 29 cents per frequent share quarterly. This nonetheless provides a excessive yield of 9.16%, which compares effectively to the two.5% common discovered amongst finance sector friends.Finian O’Shea, from Effectively Fargo, notes that Golub has just lately introduced a $2 billion unsecured debt difficulty, a transfer that offers the corporate loads of liquidity in a tough time. He writes, “GBDC isn’t paying a hefty premium for unsecureds to start with… We predict the improved flexibility and longer tenor of unsecureds make them a horny addition to the correct facet of the stability sheet, and see it as a vote of confidence in GBDC’s underlying portfolio.”O’Shea reiterates his Chubby (i.e. Purchase) score on this inventory. His value goal, at $13.50, signifies room for a modest 6% upside. (To observe O’Shea’s monitor document, click on right here)Like AFIN above, Golub Capital has a Average Purchase consensus score, with 1 every Purchase and Maintain evaluations. The inventory’s common value goal matches O’Shea’s, at $13.50. (See Golub’s inventory evaluation at TipRanks)To search out good concepts for dividend shares buying and selling at enticing valuations, go to TipRanks’ Finest Shares to Purchase, a newly launched instrument that unites all of TipRanks’ fairness insights.Disclaimer: The opinions expressed on this article are solely these of the featured analysts. The content material is meant for use for informational functions solely. It is vitally necessary to do your individual evaluation earlier than making any funding.