These 3 Consumer 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 discretionary sector.

Newell Brands Inc. NWL

• Dividend Yield: 3.69%
• Raymond James analyst Olivia Tong maintained a Strong Buy rating and cut the price target from $15 to $13 on July 24, 2023. This analyst has an accuracy rate of 74%.
• JP Morgan analyst Andrea Teixeira maintained an Overweight rating and lowered the price target from $14 to $12 on June 7, 2023. This analyst has an accuracy rate of 60%.
• Recent News: Newell Brands has been charged by the U.S. Securities and Exchange Commission for misleading investors about its core sales growth.

DICK'S Sporting Goods, Inc. DKS

• Dividend Yield: 3.91%
• Goldman Sachs analyst Kate McShane maintained a Buy rating and slashed the price target from $164 to $145 on Aug. 23, 2023. This analyst has an accuracy rate of 70%.
• Oppenheimer analyst Brian Nagel maintained an Outperform rating and lowered the price target from $175 to $145 on Aug. 23, 2023. This analyst has an accuracy rate of 74%.
• Recent News: Dick's Sporting Goods disclosed its intentions to onboard 8,600 seasonal teammates across the nation in anticipation of the upcoming holiday season.

Bloomin' Brands, Inc. BLMN

• Dividend Yield: 3.62%
• Credit Suisse analyst Lauren Silberman maintained an Outperform rating and raised the price target from $31 to $32 on May 1, 2023. This analyst has an accuracy rate of 76%.
• Raymond James analyst Brian Vaccaro maintained a Strong Buy rating and boosted the price target from $30 to $33 on Feb. 17, 2023. This analyst has an accuracy rate of 80%.
• Recent News: Bloomin' Brands reported second-quarter sales growth of 2.4% year-on-year to $1.153 billion, compared to the consensus of $1.150 billion.

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