These 3 Risk Off Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

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 consumer staples sector.

The Kraft Heinz Company KHC

• Dividend Yield: 4.22%
• Deutsche Bank analyst Steve Powers maintained a Buy rating and cut the price target from $49 to $46 on March 20, 2023. This analyst has an accuracy rate of 70%.
• Stifel analyst Christopher Growe upgraded the stock from Hold to Buy with a price target of $43 on July 28, 2022. This analyst has an accuracy rate of 72%.
• Recent News: Kraft Heinz reported fourth-quarter FY22 sales growth of 10% year-on-year to $7.38 billion, beating the consensus of $7.26 billion.

Philip Morris International Inc. PM

• Dividend Yield: 5.28%
• Goldman Sachs analyst Bonnie Herzog upgraded the stock from Neutral to Buy and raised the price target from $95 to $120 on Jan. 25, 2023. This analyst has an accuracy rate of 73%.
• Stifel analyst Christopher Growe maintained a Buy rating and cut the price target from $115 to $105 on Oct. 14, 2022. This analyst has an accuracy rate of 72%.
• Recent News: Philip Morris International reported fourth-quarter FY22 sales growth of 0.6% year-on-year to $8.15 billion, beating the consensus of $7.58 billion.

The Coca-Cola Company KO

• Dividend Yield: 3.04%
• Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating and raised the price target from $68 to $70 on Feb. 15, 2023. This analyst has an accuracy rate of 74%.
• Wells Fargo analyst Chris Carey maintained an Overweight rating and boosted the price target from $66 to $70 on Dec. 8, 2022. This analyst has an accuracy rate of 61%.
• Recent News: Coca-Cola reported fourth-quarter FY22 sales growth of 7% year-on-year to $10.125 billion, beating the consensus of $10.02 billion.

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