Check Out 3 Consumer Stocks With Over 7% Dividend Yields From 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.

Kohl's Corporation KSS

• Dividend Yield: 9.62%
• B of A Securities analyst Lorraine Hutchinson maintained an Underperform rating and cut the price target from $25 to $22 on Sept. 26, 2023. This analyst has an accuracy rate of 60%
• Baird analyst Mark Altschwager maintained an Outperform rating and cut the price target from $35 to $30 on May 25, 2023. This analyst has an accuracy rate of 65%.
• Recent News: Kohl's reported a second-quarter FY23 revenue decline of 4.8% year-on-year to $3.90 billion, beating the analyst consensus of $3.69 billion.

Leggett & Platt, Incorporated LEG

• Dividend Yield: 7.53%
• Truist Securities analyst Keith Hughes maintained a Hold rating and lowered the price target from $31 to $26 on Oct. 17, 2023. This analyst has an accuracy rate of 78%.
• Piper Sandler analyst Peter Keith maintained an Underweight rating and cut the price target from $24 to $21 on Feb. 8, 2023. This analyst has an accuracy rate of 71%.
• Recent News: Leggett & Platt reported better-than-expected second-quarter EPS results and issued FY23 guidance.

Foot Locker, Inc. FL

• Dividend Yield: 7.33%
• Goldman Sachs analyst Kate McShane downgraded the stock from Neutral to Sell with a price target of $18 on Oct. 19, 2023. This analyst has an accuracy rate of 62%.
• Piper Sandler analyst Abbie Zvejnieks initiated coverage on the stock with a Neutral rating and a price target of $19 on Sept. 26, 2023. This analyst has an accuracy rate of 63%.
• Recent News: Foot Locker reported a second-quarter FY23 sales decline of 9.9% year-on-year to $1.86 billion, missing the analyst consensus of $1.88 billion.

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