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.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
Deluxe Corporation DLX
- Dividend Yield: 5.42%
- TD Cowen analyst Lance Vitanza maintained a Buy rating and raised the price target from $33 to $35 on May 14. This analyst has an accuracy rate of 76%.
- Northcoast Research analyst Kartik Mehta initiated coverage on the stock with a Buy rating and a price target of $27 on April 19. This analyst has an accuracy rate of 65%.
- Recent News: On May 1, Deluxe posted better-than-expected quarterly earnings.
Karat Packaging Inc. KRT
- Dividend Yield: 4.89%
- Truist Securities analyst Jake Bartlettmaintained a Buy rating and raised the price target from $24 to $33 on March 15. This analyst has an accuracy rate of 76%.
- Stifel analyst Michael Hoffmanreiterated a Buy rating and raised the price target from $30 to $32 on March 15. This analyst has an accuracy rate of 83%.
- Recent News: On May 9, Karat Packaging posted weaker-than-expected quarterly results.
United Parcel Service, Inc. UPS
- Dividend Yield: 4.74%
- Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and boosted the price target from $153 to $157 on April 24. This analyst has an accuracy rate of 67%.
- Deutsche Bank analyst Amit Mehrotramaintained a Buy rating and slashed the price target from $183 to $179 on March 28. This analyst has an accuracy rate of 76%.
- Recent News: UPS said Brian Newman, executive vice president and chief financial officer, will leave the company on June 1.
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