Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks With Over 4% 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 .

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: 7.87%
• Citigroup analyst Paul Lejuez maintained a Neutral rating and cut the price target from $27 to $24 on March 13, 2024. This analyst has an accuracy rate of 66%.
• JP Morgan analyst Matthew Boss maintained a Neutral rating and raised the price target from $20 to $21 on March 13, 2024. This analyst has an accuracy rate of 67%.
• Recent News: On March 12, Kohl’s reported a fourth-quarter FY23 sales decline of 1.1% year-on-year to $5.71 billion, beating the analyst consensus estimate of $5.70 billion.

The Wendy's Company WEN

• Dividend Yield: 5.36%
• JP Morgan analyst John Ivankoe downgraded the stock from Overweight to Neutral and cut the price target from $22 to $19 on Feb. 21, 2024. This analyst has an accuracy rate of 70%.
• BMO Capital analyst Andrew Strelzik maintained a Market Perform rating and lowered the price target from $22 to $20 on Feb. 16, 2024. This analyst has an accuracy rate of 84%.
• Recent News: The Wendy's Company said it will release its first quarter 2024 results before the opening bell on May 2.

Dine Brands Global, Inc. DIN

• Dividend Yield: 4.65%
• Wedbush analyst Nick Setyan maintained a Neutral rating and raised the price target from $46 to $48 on Feb. 29, 2024. This analyst has an accuracy rate of 84%.
• Piper Sandler analyst Brian Mullan maintained a Neutral rating and slashed the price target from $59 to $49 on Nov. 2, 2023. This analyst has an accuracy rate of 86%.
• Recent News: On Feb. 28, Dine Brands Global posted better-than-expected fourth-quarter earnings.

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