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: 8.68%
- 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 62%.
- 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 75%.
- Recent News: On Nov. 2, Kronos Worldwide today reported a net loss of $20.4 million, or $.18 per share for the third quarter.
Kaiser Aluminum Corporation KALU
- Dividend Yield: 5.34%
- Credit Suisse analyst Curt Woodworth reiterated a Neutral rating with a price target of $72 on July 27, 2023. This analysts has an accuracy rate of 72%.
- Benchmark analyst Josh Sullivan reiterated a Buy rating with a price target of $84 on June 15, 2023. This analyst has an accuracy rate of 74%.
- Recent News: On Oct. 25, Kaiser Aluminum posted downbeat sales for the third quarter.
International Paper Company IP
- Dividend Yield: 5.17%
- Jefferies analyst Philip Ng maintained a Hold rating and slashed the price target from $33 to $32 on Oct. 18, 2023. This analyst has an accuracy rate of 71%.
- Citigroup analyst Anthony Pettinari maintained a Neutral rating and raised the price target from $30 to $38 on July 31, 2023. This analyst has an accuracy rate of 79%.
- Recent News: On Oct. 26, International Paper reported third-quarter sales of $4.61 billion, missing the consensus of $4.81 billion.
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