Check Out 3 High-Yielding Dividend Stocks In Materials Sector From Benzinga's Most Accurate Analysts

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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.

BHP Group Limited BHP

  • Dividend Yield: 10.56%
  • Credit Suisse analyst Paul McTaggart downgraded the stock from Outperform to Neutral on Dec. 7, 2016. This analyst has an accuracy rate of 75%.
  • Argus Research analyst John Eade maintained a Hold rating and raised the price target of $40 to $46 on Dec. 1, 2016. This analyst has an accuracy rate of 72%.
  • Recent News: BHP, during November, submitted a revised non-binding indicative proposal to the Board of OZ Minerals Limited to acquire 100% of OZL for a cash price of A$28.25 per OZL share.

Southern Copper Corporation SCCO

  • Dividend Yield: 5.37%
  • Morgan Stanley analyst Carlos De Alba upgraded the stock from Equal-Weight to Overweight with a price target of $54 on Nov. 8, 2022. This analyst has an accuracy rate of 80%.
  • Goldman Sachs analyst Thiago Ojea downgraded the stock from Buy to Neutral and slashed the price target from $47 to $41 on June 6, 2020. This analyst has an accuracy rate of 74%.
  • Recent News: The company’s shares jumped around 54% over the past six months.

International Paper Company IP

  • Dividend Yield: 4.69%
  • Citigroup analyst Anthony Pettinari maintained a Neutral rating and raised the price target from $36 to $44 on Feb. 2, 2023. This analyst has an accuracy rate of 80%.
  • Wells Fargo analyst Gabrial Hajde maintained an Equal-Weight rating and increased the price target from $36 to $38 on Sept. 9, 2020. This analyst has an accuracy rate of 78%.
  • Recent News: International Paper recently reported better-than-expected Q4 adjusted EPS results.

Read More: Investor Optimism Declines Slightly As Dow Drops 250 Points

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