Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields

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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 materials sector.

Dow Inc. DOW

  • Dividend Yield: 5.05%
  • Mizuho analyst John Roberts maintained a Neutral rating and increased the price target from $55 to $62 on April 26. This analyst has an accuracy rate of 77%.
  • JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight and boosted the price target from $55 to $61 on April 26. This analyst has an accuracy rate of 70%.
  • Recent News: On June 20, , Dow signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin.
  • Benzinga Pro's real-time newsfeed alerted to latest DOW news

Huntsman Corporation HUN

  • Dividend Yield: 4.22%
  • Wells Fargo analyst Michael Sison maintained an Overweight rating and cut the price target from $32 to $28 on July 11. This analyst has an accuracy rate of 71%.
  • JP Morgan analyst Jeffrey Zekauskasupgraded the stock from Underweight to Overweight and boosted the price target from $22 to $27 on June 7. This analyst has an accuracy rate of 70%.
  • Recent News: Huntsman is scheduled to hold a conference call on Tuesday, Aug. 6, 2024, to discuss its second quarter financial results.
  • Benzinga Pro's charting tool helped identify the trend in HUN's stock.

The Scotts Miracle-Gro Company SMG

  • Dividend Yield: 3.93%
  • JP Morgan analyst Jeffrey Zekauskasmaintained an Overweight rating and raised the price target from $70 to $85 on April 5. This analyst has an accuracy rate of 70%.
  • Raymond James analyst Joseph Altobello downgraded the stock from Strong Buy to Market Perform on March 25. This analyst has an accuracy rate of 70%.
  • Recent News: On June 6, ScottsMiracle-Gro said it now sees non-GAAP adjusted EBITDA of $530 million to $540 million versus earlier outlook of $575 million.
  • Benzinga Pro's earnings calendar was used to monitor SMG's upcoming earnings.

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Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading Ideasdividend yieldExpert IdeasmaterialsPro ProjectWall Street's Most Accurate Analysts
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