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.
Compass Minerals International, Inc. CMP
- Dividend Yield: 6.19%
- Loop Capital analyst Chris Kapsch upgraded the stock from Hold to Buy and cut the price target from $26 to $23 on April 26. This analyst has an accuracy rate of 67%.
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and cut the price target from $24 to $21 on Feb. 9. This analyst has an accuracy rate of 71%.
- Recent News: On June 7, Compass Minerals named Jeffrey Cathey as its CFO.
- Benzinga Pro’s real-time newsfeed alerted to latest CMP news.
Dow Inc. DOW
- Dividend Yield: 5.31%
- Mizuho analyst John Roberts maintained a Neutral rating and cut the price target from $62 to $60 on July 26. This analyst has an accuracy rate of 77%.
- Wells Fargo analyst Michael Sison maintained an Overweight rating and slashed the price target from $65 to $62 on July 26. This analyst has an accuracy rate of 70%.
- Recent News: On Aug. 14, Dow declared a quarterly dividend of 70 cents per share.
- Benzinga Pro’s charting tool helped identify the trend in DOW stock.
Sonoco Products Company SON
- Dividend Yield: 4.18%
- Wells Fargo analyst Gabe Hajde maintained an Equal-Weight rating and cut the price target from $55 to $54 on Aug. 2. This analyst has an accuracy rate of 76%.
- Citigroup analyst Anthony Pettinari maintained a Buy rating and slashed the price target from $64 to $60 on July 8. This analyst has an accuracy rate of 79%.
- Recent News: On July 31, Sonoco Prods posted better-than-expected quarterly earnings.
- Benzinga Pro’s signals feature notified of a potential breakout in SON shares.
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