Wall Street's Most Accurate Analysts Weigh In On 3 Consumer Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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.

ADT Inc. ADT

• Dividend Yield: 3.07%
• Barclays analyst Manav Patnaik maintained an Underweight rating and cut the price target from $8 to $7 on March 22. This analyst has an accuracy rate of 78%.
• RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $10 on Sept. 25, 2023. This analyst has an accuracy rate of 69%.
• Recent News: On June 17, ADT named Dan Houston and Danielle Tiedt to the company’s board of directors.
• Benzinga Pro's real-time newsfeed alerted to latest ADT's news

Starbucks Corporation SBUX

• Dividend Yield: 3.13%
• Wedbush analyst Nick Setyan reiterated a Neutral rating with a price target of $81 on June 28. This analyst has an accuracy rate of 83%.
• Piper Sandler analyst Brian Mullan maintained a Neutral rating and slashed the price target from $88 to $85 on May 6. This analyst has an accuracy rate of 85%.
• Recent News: On June 20, Starbucks announced a quarterly cash dividend of 57 cents per share of outstanding common stock.
• Benzinga Pro's charting tool helped identify the trend in SBUX stock.

Kontoor Brands, Inc. KTB

• Dividend Yield: 3.13%
• Stifel analyst Jim Duffy maintained a Buy rating and raised the price target from $77 to $80 on June 14. This analyst has an accuracy rate of 73%.
• UBS analyst Jay Sole maintained a Buy rating and increased the price target from $83 to $85 on Feb. 16. This analyst has an accuracy rate of 74%.
• Recent News: On May 2, Kontoor Brands reported better-than-expected first-quarter financial results and issued FY24 adjusted EPS results above estimates.
• Benzinga Pro's signals feature notified of a potential breakout in KTB's shares.

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