Check Out 3 Materials Stocks With Over 5% Dividend Yields 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 materials sector.

Kronos Worldwide, Inc. KRO

  • Dividend Yield: 9.30%
  • Goldman Sachs analyst Duffy Fischer maintained a Sell rating and cut the price target from $8 to $7 on Nov. 7, 2023. This analyst has an accuracy rate of 63%.
  • 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 74%.
  • Recent News: Kronos Worldwide reported a net loss of $20.4 million in the third quarter versus net income of $21.0 million in the year-ago quarter.

Dow Inc. DOW

  • Dividend Yield: 5.69%
  • Argus Research analyst Bill Selesky downgraded the stock from Buy to Hold on Oct. 27, 2023. This analyst has an accuracy rate of 71%.
  • JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight with a price target of $55 on Sept. 25, 2023. This analyst has an accuracy rate of 72%.
  • Recent News: Dow reported a third-quarter FY23 sales decline of 24% year-over-year to $10.73 billion, beating the consensus of $10.32 billion.

Southern Copper Corporation SCCO

  • Dividend Yield: 5.70%
  • Morgan Stanley analyst Carlos De Alba maintained an Equal-Weight rating and raised the price target from $67 to $74 on June 22, 2023. This analyst has an accuracy rate of 75%.
  • Goldman Sachs analyst Thiago Ojea downgraded the stock from Neutral to Sell and increased the price target from $65 to $66 on May 10, 2023. This analyst has an accuracy rate of 76%.
  • Recent News: The company’s shares gained around 14% year-to-date.

Read More: Home Depot, Beauty Health And 3 Stocks To Watch Heading Into Tuesday

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Posted In: NewsDividendsPrice TargetSmall CapMarketsAnalyst RatingsTrading Ideasdividend yieldExpert IdeasmaterialsWall Street's Most Accurate Analysts
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