These 3 Consumer Staples 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.

Altria Group, Inc. MO

• Dividend Yield: 8.18%
• Stifel analyst Matthew Smith reinstated a Buy rating with a price target of $52 on April 14, 2023. This analyst has an accuracy rate of 69%.
• Deutsche Bank analyst Gerry Gallagher maintained a Buy rating and slashed the price target from $60 to $46 on July 1, 2022. This analyst has an accuracy rate of 61%.
• Recent News: Altria Group is expected to release Q1 results on April 27, 2023.

The Kraft Heinz Company KHC

• Dividend Yield: 4.06%
• Stifel analyst Matthew Smith reinstated a Buy rating with a price target of $44 on April 14, 2023. This analyst has an accuracy rate of 69%.
• Deutsche Bank analyst Steve Powers maintained a Buy rating and slashed the price target from $49 to $46 on March 20, 2023. This analyst has an accuracy rate of 74%.
• Recent News: Kraft Heinz agreed to sell its baby food to Russian soft drinks maker, Chernogolovka.

Philip Morris International Inc. PM

Dividend Yield: 5.25%

• 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 Matthew Smith reinstated a Buy rating with a price target of $114 on April 14, 2023. This analyst has an accuracy rate of 69%.
• Recent News: Philip Morris reported mixed Q1 financial results and issued FY23 adjusted diluted EPS guidance below estimates.

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