Check Out 3 High-Yielding Dividend Stocks In Defensive Sector From Wall Street'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 consumer staples sector.

Kimberly-Clark Corporation KMB

• Dividend Yield: 3.74%
• Deutsche Bank analyst Steve Powers downgraded the stock from Hold to Sell and raised the price target from $120 to $123 on Dec. 6, 2022. This analyst has an accuracy rate of 70%.
• Wells Fargo analyst Chris Carey maintained an Equal-Weight rating and slashed the price target from $135 to $125 on Jan. 26, 2023. This analyst has an accuracy rate of 60%.
• Recent News: Kimberly-Clark reported fourth-quarter FY22 sales flat at $4.96 billion, missing the consensus of $4.98 billion.

Walgreens Boots Alliance, Inc. WBA

• Dividend Yield: 5.42%
• Morgan Stanley analyst Erin Wright maintained an Underweight rating and cut the price target from $39 to $37 on Jan. 30, 2023. This analyst has an accuracy rate of 76%.
• Mizuho analyst Ann Hynes maintained a Neutral rating and raised the price target from $36 to $41 on Dec. 14, 2022. This analyst has an accuracy rate of 70%.
• Recent News: Walgreens Boots Alliance’s Q1 sales decreased 1.5% year-over-year to $33.4 billion, up 1.1% on a constant currency basis, beating the consensus of $32.83 billion.

The Coca-Cola Company KO

• Dividend Yield: 3.05%
• Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating and raised the price target from $68 to $70 on Feb. 15, 2023. This analyst has an accuracy rate of 73%.
• Deutsche Bank analyst Steve Powers maintained a Hold rating and increased the price target from $59 to $62 on Dec. 6, 2022. This analyst has an accuracy rate of 70%.
• Recent News: Coca-Cola reported Q4 sales growth of 7% year-on-year to $10.125 billion, beating the consensus of $10.02 billion.

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