These 3 Risk Off Stocks With Over 4% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

Comments
Loading...

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 consumer staples sector.

Altria Group Inc MO

  • Dividend Yield: 7.93%
  • Deutsche Bank analyst Steve Powers maintained a Buy rating and raised the price target from $51 to $52 on Jan. 22, 2021. This analyst has an accuracy rate of 69%.
  • Goldman Sachs analyst Bonnie Herzog upgraded the stock from Neutral to Buy rating and increased the price target from $48 to $57 on March 22, 2022. This analyst has an accuracy rate of 65%.
  • Recent News: Altria Group reported better-than-expected Q4 adjusted earnings results and announced a new $1 billion share repurchase program.

Kraft Heinz Co KHC

  • Dividend Yield: 4.03%
  • Stifel analyst Christopher Growe upgraded the stock from Hold to Buy with a price target of $43 on July 28, 2022. This analyst has an accuracy rate of 71%.
  • BMO Capital analyst Kenneth Zaslow upgraded the stock from Market Perform to Outperform with a price target of $46 on June 22, 2022. This analyst has an accuracy rate of 71%.
  • Recent News: Kraft Heinz reported fourth-quarter FY22 sales growth of 10% year-on-year to $7.38 billion, beating the consensus of $7.26 billion.

Philip Morris International Inc. PM

  • Dividend Yield: 5.02%
  • Stifel analyst Christopher Growe maintained a Buy rating and cut the price target from $115 to $105 on Oct. 14, 2022. This analyst has an accuracy rate of 71%.
  • Argus Research analyst David Coleman upgraded the stock from Hold to Buy with a price target of $110 on Nov. 15, 2022. This analyst has an accuracy rate of 67%.
  • Recent News: Philip Morris International reported fourth-quarter FY22 sales growth of 0.6% year-on-year to $8.15 billion, beating the consensus of $7.58 billion.

Read More: NGL Energy Partners And 3 Other Stocks Under $3 Insiders Are Aggressively Buying

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!