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 .
Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.
Kronos Worldwide, Inc. KRO
- Dividend Yield: 6.62%
- Barclays analyst Michael Leithead maintained an Underweight rating and increased the price target from $7 to $8 on March 26, 2024. 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 74%.
- Recent News: On March 6, Kronos Worldwide reported better-than-expected fourth-quarter financial results.
The Chemours Company CC
- Dividend Yield: 3.84%
- BMO Capital analyst John McNulty upgraded the stock from Market Perform to Outperform and boosted the price target from $19 to $34 on April 9, 2024. This analyst has an accuracy rate of 65%.
- UBS analyst Joshua Spector maintained a Neutral rating and increased the price target from $21 to $28 on April 2, 2024. This analyst has an accuracy rate of 63%.
- Recent News: On March 27, Chemours posted upbeat quarterly results.
Kaiser Aluminum Corporation KALU
- Dividend Yield: 3.47%
- UBS analyst Curt Woodworth initiated coverage on the stock with a Neutral rating and a price target of $67 on Jan. 16, 2024. This analyst 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 81%.
- Recent News: Kaiser Aluminum is expected to release its first quarter 2024 financial and operating results on April 24, 2024, after the closing bell.
Read More: Over $1M Bet On This Consumer Cyclical Stock? Check Out These 3 Stocks Insiders Are Buying
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