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.
HNI Corporation HNI
- Dividend Yield: 3.03%
- Benchmark analyst Reuben Garner maintained a Buy rating and boosted the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 84%.
- 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 third-quarter earnings.
Stanley Black & Decker, Inc. SWK
- Dividend Yield: 3.40%
- JP Morgan analyst Michael Rehaut downgraded the stock from Neutral to Underweight with a price target of $89 on Dec. 14, 2023. This analyst has an accuracy rate of 70%.
- Barclays analyst Julian Mitchell maintained an Overweight rating and slashed the price target from $120 to $105 on Oct. 30, 2023. This analyst has an accuracy rate of 76%.
- Recent News: Stanley Black & Decker, during October, reported a third-quarter FY23 sales decline of 4.1% year-on-year to $3.953 billion, missing the analyst consensus estimate of $3.965 billion.
Resources Connection, Inc. RGP
- Dividend Yield: 4.14%
- JP Morgan analyst Andrew Steinerman maintained an Underweight rating and cut the price target from $16 to $14 on Oct. 5, 2023. This analyst has an accuracy rate of 81%.
- Baird analyst Mark Marcon maintained a Neutral rating on the stock and cut the price target from $21 to $18 on April 5, 2023. This analyst has an accuracy rate of 74%.
- Recent News: Resources Connection posted better-than-expected results for its second quarter.
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