Key Points

Conagra Brands remains out of favor on Wall Street, but the successful execution of its recently announced AI-based turnaround plan could fuel a recovery for the packaged foods company.

If interest rates continue to decline in 2026, Realty Income, a REIT with a long track record of dividend growth, could experience a significant re-rating to the upside.

Increased cash flow points to a secure dividend and share price growth for shares in midstream energy company Oneok.

10 stocks we like better than Conagra Brands ›

I am a fan of dividend stocks where you buy for the yield, but stay for the upside. In other words, dividend stocks that offer a high forward dividend yield, yet at the same time have the potential to experience high levels of price appreciation.

Sure, it may seem near impossible to get the best of both worlds. Oftentimes, you'll buy a high-yield dividend stock only to find you own a yield trap, where the share price losses exceed the quarterly cash payouts.

However, as always, there are exceptions to the rule. That's the story with the following three dividend stocks: Conagra Brands (NYSE: CAG), Realty Income (NYSE: O), and Oneok (NYSE: OKE). Not only could each one maintain its dividend in the years ahead, but over the next three years, each one could make a big move higher.

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An AI-driven turnaround could secure Conagra's high dividend

Year-to-date, shares in packaged foods company Conagra Brands have declined by over 37%. As has been the case with many of its competitors, Conagra has contended with the impact of high inflation and low growth on its fiscal performance.

This price drop, coupled with the company's relatively high debt position, has left investors concerned about the company's future prospects, including its $0.35-per-share quarterly dividend. This level of payout, annualized, gives the stock an 8.0% forward yield, but there are growing concerns about an eventual dividend cut. However, these concerns could prove overblown, thanks to the recently announced "Project Catalyst" initiative.

Project Catalyst, which utilizes artificial intelligence (AI) technology to identify areas for operational improvement, could significantly enhance the company's profitability. In turn, this could secure the dividend and drive a rebound for the stock. Shares, currently trading for just 10 times forward earnings, could rise in line with earnings growth, as well as due to valuation expansion.

Realty Income could rally on further rate cuts

Realty Income, best known as the real estate investment trust (REIT) that makes dividend payments monthly, delivered just modest gains in 2025, largely due to uncertainty about the potential for further interest rate cuts by the Federal Reserve.