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.
Kronos Worldwide, Inc. KRO
- Dividend Yield: 8.87%
- Deutsche Bank analyst David Begleiter maintained a Buy rating and cut the price target from $12 to $11 on May 22, 2023. This analyst has an accuracy rate of 76%.
- Goldman Sachs analyst Duffy Fischer initiated coverage on the stock with a Sell rating and a price target of $9 on Oct. 13, 2022. This analyst has an accuracy rate of 67%.
- Recent News: Kronos Worldwide reported a net loss of $15.2 million in the first quarter versus year-ago net income of $57.5 million.
Sibanye Stillwater Limited SBSW
- Dividend Yield: 8.73%
- RBC Capital analyst Tyler Broda upgraded the stock from Sector Perform to Outperform and cut the price target from $11 to $10 on March 22, 2023. This analyst has an accuracy rate of 66%.
- Deutsche Bank analyst Abhi Agarwal maintained a Hold rating and cut the price target from $13 to $9 on March 3, 2023. This analyst has an accuracy rate of 69%.
- Recent News: Sibanye-Stillwater recently provided an operating update for the first quarter.
Ramaco Resources, Inc. METC
- Dividend Yield: 6.17%
- B. Riley Securities analyst Lucas Pipes maintained a Buy rating and cut the price target from $13 to $12 on June 26, 2023. This analyst has an accuracy rate of 66%.
- Benchmark analyst Nathan Martin maintained a Buy rating and cut the price target from $14 to $13 on Dec. 9, 2022. This analyst has an accuracy rate of 67%.
- Recent News: Ramaco Resources reported better-than-expected first-quarter EPS and sales results.
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