Wall Street's Most Accurate Analysts Say Hold These 3 Risk Off Stocks Delivering High-Dividend Yields

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.

Tyson Foods, Inc. TSN

• Dividend Yield: 3.65%
• Piper Sandler analyst Michael Lavery maintained a Neutral rating and cut the price target from $62 to $49 on May 9, 2023. This analyst has an accuracy rate of 71%.
• JP Morgan analyst Ken Goldman maintained a Neutral rating and cut the price target from $69 to $63 on Feb. 7, 2023. This analyst has an accuracy rate of 81%.
• Recent News: Tyson Foods recently shared plans to slash about 10% of corporate jobs and 15% of senior leadership positions in April.

Walgreens Boots Alliance, Inc. WBA

• Dividend Yield: 6.29%
• Mizuho analyst Ann Hynes reiterated a Neutral rating with a price target of $31 on July 14, 2023. This analyst has an accuracy rate of 72%.
• UBS analyst Kevin Caliendo maintained a Neutral rating and cut the price target from $39 to $37 on March 29, 2023. This analyst has an accuracy rate of 73%.
• Recent News: Walgreens Boots Alliance recently lowered its FY23 guidance.

B&G Foods, Inc. BGS

• Dividend Yield: 5.56%
• BMO Capital Kenneth Zaslow maintained a Market Perform rating and cut the price target from $21 to $14 on Nov. 10, 2022. This analyst has an accuracy rate of 68%.
• Piper Sandler analyst Michael Lavery maintained a Neutral rating and increased the price target from $23 to $27 on Aug. 2, 2022. This analyst has an accuracy rate of 71%.
• Recent News: B&G Foods posted upbeat earnings for the first quarter.

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