Check Out 3 High-Yielding Dividend Stocks In Consumer Staples Sector 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 staples sector.

Walgreens Boots Alliance, Inc. WBA

  • Dividend Yield: 9.03%
  • Truist Securities analyst David Macdonald maintained a Hold rating and cut the price target from $30 to $25 on Oct. 11, 2023. This analyst has an accuracy rate of 67%
  • Mizuho analyst Ann Hynes maintained a Neutral rating and cut the price target from $31 to $25 on Oct. 10, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: Walgreens Boots Alliance reportedly consented to a settlement of $192.5 million following allegations that some of the company's executives provided misleading information concerning its 2015 attempt to purchase Rite Aid Corp.

B&G Foods, Inc. BGS

  • Dividend Yield: 8.97%
  • Piper Sandler analyst Michael Lavery downgraded the stock from Neutral to Underweight and lowered the price target from $14 to $8 on Oct. 4, 2023. This analyst has an accuracy rate of 69%.
  • TD Cowen analyst Robert Moskow maintained an Underperform rating and cut the price target from $10 to $9.5 on Sept. 19, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: B&G Foods priced its upsized $550m offering of 8.00% senior secured notes due 2028.

Nu Skin Enterprises, Inc. NUS

  • Dividend Yield: 8%
  • Stifel analyst Mark Astrachan maintained a Hold rating and cut the price target from $35 to $27 on Oct. 16, 2023. This analyst has an accuracy rate of 83%.
  • DA Davidson analyst Linda Bolton Weiser reiterated a Neutral rating and cut the price target from $38 to $29 on Aug. 3, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: Nu Skin Enterprises posted upbeat earnings for the second quarter.

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Posted In: NewsDividendsPrice TargetSmall CapPre-Market OutlookMarketsAnalyst RatingsTrading Ideasconsumer staplesdividend yieldExpert IdeasWall Street's Most Accurate Analysts
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