Don't Miss These 3 Stocks With Over 3% Dividend Yields In Materials Sector 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: 8%
  • Argus Research analyst Bill Selesky downgraded the stock from Buy to Hold on Oct. 27, 2023. This analyst has an accuracy rate of 72%.
  • 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: On Nov. 2, Kronos Worldwide reported a net loss of $20.4 million for the third quarter.

Newmont Corporation NEM

  • Dividend Yield: 3.89%
  • Barclays analyst Matthew Murphy upgraded the stock from Equal-Weight to Overweight and cut the price target from $62 to $61 on July 7, 2023. This analyst has an accuracy rate of 70%.
  • Goldman Sachs analyst Emily Chieng maintained a Buy rating and increased the price target from $58 to $67 on April 21, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: On Oct. 26, Newmont reported third-quarter revenue decline of 5% Y/Y to $2.49 billion, missing the consensus of $2.90 billion, impacted by lower sales volumes.

FMC Corporation FMC

  • Dividend Yield: 3.85%
  • Morgan Stanley analyst Vincent Andrews downgraded the stock from Overweight to Equal-Weight and cut the price target from $100 to $70 on Oct. 24, 2023. This analyst has an accuracy rate of 79%.
  • Keybanc analyst Aleksey Yefremov maintained an Overweight rating and cut the price target from $107 to $83 on Oct. 24, 2023. This analyst has an accuracy rate of 68%.
  • Recent News: The company, last month, announced a strategic review of non-core assets, which includes the potential sale of its non-crop product line, Global Specialty Solutions.

 

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