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 industrials sector.
3M Company MMM
- Dividend Yield: 5.78%
- Morgan Stanley analyst Joshua Pokrzywinski maintained an Underweight rating and raised the price target from $100 to $102 on July 26, 2023. This analyst has an accuracy rate of 73%.
- Citigroup analyst Andrew Kaplowitz maintained a Neutral rating and increased the price target from $100 to $111 on July 26, 2023. This analyst has an accuracy rate of 81%.
- Recent News: 3M reported better-than-expected second-quarter results and raised its FY23 EPS guidance.
ACCO Brands Corporation ACCO
- Dividend Yield: 5.19%
- Barrington Research analyst Kevin Steinke reiterated an Outperform rating with a price target of $8 on June 2, 2023. This analyst has an accuracy rate of 66%.
- BWS Financial analyst Hamed Khorsand downgraded the stock from Buy to Neutral and cut the price target from $9 to $6 on Feb. 14, 2023. This analyst has an accuracy rate of 67%.
- Recent News: ACCO Brands reported better-than-expected second-quarter financial results.
HNI Corporation HNI
- Dividend Yield: 3.94%
- Benchmark analyst Reuben Garner maintained a Buy rating and raised the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 81%.
- Sidoti & Co. analyst Gregory Burns upgraded the stock from Neutral to Buy with a price target of $34 on March 9, 2023. This analyst has an accuracy rate of 72%.
- Recent News: HNI reported better-than-expected second-quarter earnings.
Read More: Flowers Foods, Spectrum Brands And 3 Stocks To Watch Heading Into Friday
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