Wall Street's Most Accurate Analysts Say Buy These 3 Industrials Stocks With Over 3% Dividend Yields

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 industrials sector.

HNI Corporation HNI

• Dividend Yield: 3.03%
• Benchmark analyst Reuben Garner maintained a Buy rating and raised the price target from $36 to $45 on Aug. 9, 2023. This analyst has an accuracy rate of 81%.
• Sidoti & Co. analyst Gregory Burns upgraded the stock from Neutral to Buy with a price target of $34 on March 9, 2023. This analyst has an accuracy rate of 73%.
• Recent News: On Oct. 31, HNI reported better-than-expected third-quarter earnings.

Copa Holdings, S.A. CPA

• Dividend Yield: 3.08%
• Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $152 to $155 on Nov. 17, 2023. This analyst has an accuracy rate of 66%.
• HSBC analyst Alexandre Falcao maintained a Buy rating and cut the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 72%.
• Recent News: Copa Holdings said capacity (ASMs) rose by 11.9% for November, while system-wide passenger traffic (RPMs) surged by 12.4% versus 2022.

MSC Industrial Direct Co., Inc. MSM

• Dividend Yield: 3.25%
• Loop Capital analyst Chris Dankert upgraded the stock from Hold to Buy and raised the price target from $96 to $124 on Oct. 9, 2023. This analyst has an accuracy rate of 71%.
• Baird analyst David Manthey maintained an Outperform rating and boosted the price target from $104 to $110 on June 30, 2023. This analyst has an accuracy rate of 83%.
• Recent News: On Oct. 25, MSC Industrial Direct reported fourth-quarter FY23 sales growth of 1.3% year-on-year to $1.035 billion, beating the analyst consensus estimate of $1.01 billion.

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