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 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.
The Chemours Company CC
- Dividend Yield: 5.96%
- JP Morgan analyst Jeffrey Zekauskas maintained a Neutral rating and cut the price target from $25 to $18 on Aug. 6. This analyst has an accuracy rate of 72%.
- Mizuho analyst John Roberts initiated coverage on the stock with a Neutral rating and a price target of $25 on June 7. This analyst has an accuracy rate of 77%.
- Recent News: On Aug. 1, Chemours reported mixed second-quarter financial results and issued weak third-quarter net sales guidance.
- Benzinga Pro's real-time newsfeed alerted to latest CC news
Dow Inc. DOW
- Dividend Yield: 5.51%
- Mizuho analyst John Roberts maintained a Buy rating and lowered 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 71%.
- Recent News: On July 25, the company said sales declined 4% Y/Y to $10.9 billion, missing the consensus of $11.01 billion.
- Benzinga Pro’s charting tool helped identify the trend in DOW stock.
Tronox Holdings plc TROX
Dividend Yield: 4.28%
- Goldman Sachs analyst Duffy Fischer maintained a Buy rating and cut the price target from $21 to $18 on Sept. 3. This analyst has an accuracy rate of 60%.
- Mizuho analyst John Roberts initiated coverage on the stock with a Neutral rating and a price target of $22 on June 7. This analyst has an accuracy rate of 77%.
- Recent News: On Aug. 1, Tronox Holdings reported worse-than-expected second-quarter financial results.
- Benzinga Pro’s signals feature notified of a potential breakout in TROX shares.
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