These 3 Materials Stocks Delivering High-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 materials sector.

Dow Inc. DOW

• Dividend Yield: 5.29%
• Wells Fargo analyst Michael Sison maintained an Overweight rating and cut the price target from $65 to $61 on April 26, 2023. This analyst has an accuracy rate of 69%.
• Deutsche Bank analyst David Begleiter upgraded the stock from Hold to Buy with a price target of $60 on March 20, 2023. This analyst has an accuracy rate of 76%.
• Recent News: Dow expects to achieve 35% of $1 billion savings goal in the first half of the year.

The Scotts Miracle-Gro Company SMG

• Dividend Yield: 3.93%
• JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight with a price target of $80 on May 8, 2023. This analyst has an accuracy rate of 71%.
• Barclays analyst Gaurav Jain maintained an Overweight rating and raised the price target from $90 to $105 on Feb. 21, 2023. This analyst has an accuracy rate of 71%.
• Recent News: The Scotts Miracle-Gro released results for its fiscal second quarter ended April 1, 2023, revealing company-wide sales decreased 9% to $1.53 billion.

Kaiser Aluminum Corporation KALU

• Dividend Yield: 4.08%
• UBS analyst Joshua Spector maintained a Buy rating and increased the price target from $126 to $128 on May 9, 2023. This analyst has an accuracy rate of 70%.
• Credit Suisse analyst John Roberts maintained an Outperform rating and cut the price target from $120 to $115 on Feb. 10, 2023. This analyst has an accuracy rate of 78%.
• Recent News: Kaiser Aluminum declared a quarterly cash dividend of 77 cents per share.

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