During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
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Deluxe Corporation DLX
Dividend Yield: 4.97%
TD Cowen analyst Lance Vitanza maintained a Buy rating and raised the price target from $33 to $35 on May 14. This analyst has an accuracy rate of 76%.
Northcoast Research analyst Kartik Mehta initiated coverage on the stock with a Buy rating and a price target of $27 on April 19. This analyst has an accuracy rate of 67%.
Recent News: The company will report second quarter financial results on Wednesday, July 31, after the closing bell.
Benzinga Pro’s real-time newsfeed alerted to latest DLX news
Copa Holdings, S.A. CPA
Dividend Yield: 7.07%
Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $165 to $168 on May 17. This analyst has an accuracy rate of 66%.
HSBC analyst Alexandre Falcao maintained a Buy rating and cut the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 69%.
Recent News: On July 10, Copa Holdings reported June load factor of 86.6%, down 0.2% year over year.
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Golden Ocean Group Limited GOGL
Dividend Yield: 6.38%
Jefferies analyst Omar Nokta downgraded the stock from Buy to Hold with a price target of $15.5 on May 22. This analyst has an accuracy rate of 76%.
BTIG analyst Gregory Lewis downgraded the stock from Buy to Neutral on Jan. 5. This analyst has an accuracy rate of 73%.
Recent News: On May 29, Golden Ocean said Lars-christian Svensen, Chief Executive Officer (CEO) of Golden Ocean Management AS, decided to step down and it has appointed Chief Financial Officer (CFO), Peder Simonsen, as interim CEO and CFO.
Benzinga Pro’s signals feature notified of a potential breakout in GOGL shares.
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