These 3 Financial Stocks With Over 6% 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 financial sector.

Comerica Incorporated CMA

  • Dividend Yield: 6.16%
  • Citigroup analyst Keith Horowitz maintained a Buy rating and increased the price target from $55 to $58 on July 26, 2023. This analyst has an accuracy rate of 75%.
  • Truist Securities analyst Jennifer Demba maintained a Buy rating and boosted the price target from $50 to $58 on July 25, 2023. This analyst has an accuracy rate of 73%.
  • Recent News: S&P lowered its rating on the bank.

Citizens Financial Group, Inc. CFG

  • Dividend Yield: 6.24%
  • Morgan Stanley analyst Betsy Graseck reiterated an Overweight rating with a price target of $33 on July 21, 2023. This analyst has an accuracy rate of 61%.
  • Baird analyst David George maintained an Outperform rating and cut the price target from $48 to $44 on April 20, 2023. This analyst has an accuracy rate of 74%.
  • Recent News: Citizens Financial reported second-quarter FY23 sales growth of 5% year-on-year to $2.09 billion, missing the analyst consensus of $2.10 billion.

KeyCorp KEY

  • Dividend Yield: 7.63%
  • Citigroup analyst Keith Horowitz maintained a Buy rating and increased the price target from $14 to $15 on July 24, 2023. This analyst has an accuracy rate of 75%.
  • Wells Fargo analyst Mike Mayo maintained an Overweight rating and cut the price target from $17 to $15 on June 13, 2023. This analyst has an accuracy rate of 68%.
  • Recent News: S&P lowered its rating on the bank.

 

Read More: Kingstone Companies And 3 Other Stocks Under $2 Insiders Are Buying

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