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.
Watsco, Inc. WSO
- Dividend Yield: 3.34%
- Baird analyst David Manthey maintained an Outperform rating and raised the price target from $323 to $350 on Feb. 17, 2023. This analyst has an accuracy rate of 81%.
- Keybanc analyst Jeffrey Hammond maintained Overweight rating and increased the price target from $335 to $365 on Feb. 17, 2023. This analyst has an accuracy rate of 71%.
- Recent News: Watsco reported better-than-expected Q4 EPS results.
United Parcel Service, Inc UPS
- Dividend Yield: 3.55%
- Wells Fargo analyst Allison Poliniak maintained an Overweight rating and raised the price target from $195 to $221 on March 3, 2023. This analyst has an accuracy rate of 71%.
- Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and increased the price target from $196 to $199 on Feb. 1, 2023. This analyst has an accuracy rate of 74%.
- Recent News: UPS reported better-than-expected Q4 EPS, raised its dividend and announced a $5 billion repurchase program.
Genco Shipping & Trading Limited GNK
- Dividend Yield: 11.43%
- Jefferies analyst Omar Nokta reiterated a Buy rating with a price target of $20 on Feb. 23, 2023. This analyst has an accuracy rate of 79%.
- B. Riley Securities analyst Liam Burke maintained a Buy rating and slashed the price target from $31 to $27 on Oct. 10, 2022. This analyst has an accuracy rate of 70%.
- Recent News: Genco Shipping & Trading posted better-than-expected quarterly results.
Read More: Top 5 Energy Stocks That Could Blast Off In March
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