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.
WestRock Company WRK
Dividend Yield: 3.07%
Wells Fargo analyst Gabrial Hajde maintained an Overweight rating and increased the price target from $37 to $42 on Aug. 4, 2023. This analyst has an accuracy rate of 79%.
Citigroup analyst Anthony Pettinari maintained a Buy rating and raised the price target from $32 to $33 on May 5, 2023. This analyst has an accuracy rate of 78%.
Recent News: WestRock Company and Smurfit Kappa Group Plc said they are merging to create Smurfit WestRock, a sustainable packaging company with scale, quality, product and geographic diversity.
FMC Corporation FMC
Dividend Yield: 3.46%
Morgan Stanley analyst Vincent Andrews maintained an Overweight rating and cut the price target from $110 to $100 on Sept. 11, 2023. This analyst has an accuracy rate of 70%.
Keybanc analyst Aleksey Yefremov maintained an Overweight rating and cut the price target from $128 to $117 on Aug. 4, 2023. This analyst has an accuracy rate of 71%.
Recent News: FMC reported weaker-than-expected second-quarter financial results.
The Chemours Company CC
Dividend Yield: 3.57%
BMO Capital analyst John McNulty maintained an Outperform rating and cut the price target from $64 to $53 on Aug. 2, 2023. This analyst has an accuracy rate of 65%.
UBS analyst Joshua Spector maintained a Buy rating and raised the price target from $41 to $43 on June 13, 2023. This analyst has an accuracy rate of 70%.
Recent News: Chemours posted better-than-expected second-quarter earnings.
Read More: Dollar General, Philip Morris And Other Defensive Stocks From Wall Street's Most Accurate Analysts
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