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 utilities sector.
UGI Corporation UGI
- Dividend Yield: 5.22%
- Barclays analyst Theresa Chen maintained an Underweight rating and cut the price target from $40 to $37 on April 18, 2023. This analyst has an accuracy rate of 71%.
- Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and raised the price target from $41 to $42 on Jan. 10, 2023. This analyst has an accuracy rate of 69%.
- Recent News: UGI named Kathleen Shea Ballay as General Counsel and Chief Legal Officer, UGI Corporation.
Clearway Energy, Inc. CWEN
- Dividend Yield: 5.10%
- Oppenheimer analyst Noah Kaye maintained an Outperform rating and cut the price target from $41 to $40 on Feb. 24, 2023. This analyst has an accuracy rate of 77%.
- B of A Securities analyst Julien Dumoulin-Smith downgraded the stock from Buy to Neutral and slashed the price target from $43 to $40 on Sept. 19, 2022. This analyst has an accuracy rate of 69%.
- Recent News: Clearway Energy posted a rise in quarterly sales.
Avangrid, Inc. AGR
Dividend Yield: 4.63%
- B of A Securities analyst Julien Dumoulin-Smith maintained an Underperform rating and cut the price target from $37 to $34 on April 3, 2023. This analyst has an accuracy rate of 69%.
- Wells Fargo analyst Neil Kalton maintained an Equal-Weight rating and cut the price target from $48 to $43 on Feb. 23, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Avangrid shares reported worse-than-expected first-quarter results.
Read More: Traders More Optimistic Following Fed's Rate Decision
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