Wall Street's Most Accurate Analysts Weigh In On 3 Industrials 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 industrials sector.

Deluxe Corporation DLX

  • Dividend Yield: 4.97%
  • TD Cowen analyst Lance Vitanza maintained a Buy rating and raised the price target from $33 to $35 on May 14. This analyst has an accuracy rate of 76%.
  • Northcoast Research analyst Kartik Mehta initiated coverage on the stock with a Buy rating and a price target of $27 on April 19. This analyst has an accuracy rate of 67%.
  • Recent News: The company will report second quarter financial results on Wednesday, July 31, after the closing bell.
  • Benzinga Pro's real-time newsfeed alerted to latest DLX news

Copa Holdings, S.A. CPA

  • Dividend Yield: 7.07%
  • Raymond James analyst Savanthi Syth maintained a Strong Buy rating and raised the price target from $165 to $168 on May 17. This analyst has an accuracy rate of 66%.
  • HSBC analyst AlexandreFalcaomaintained a Buy rating and cut the price target from $143 to $138 on June 13, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: On July 10, Copa Holdings reported June load factor of 86.6%, down 0.2% year over year.
  • Benzinga Pro's charting tool helped identify the trend in CPA's stock.

Golden Ocean Group Limited GOGL

  • Dividend Yield: 6.38%
  • Jefferies analyst Omar Nokta downgraded the stock from Buy to Hold with a price target of $15.5 on May 22. This analyst has an accuracy rate of 76%.
  • BTIG analyst Gregory Lewis downgraded the stock from Buy to Neutral on Jan. 5. This analyst has an accuracy rate of 73%.
  • Recent News: On May 29, Golden Ocean said Lars-christian Svensen, Chief Executive Officer (CEO) of Golden Ocean Management AS, decided to step down and it has appointed Chief Financial Officer (CFO), Peder Simonsen, as interim CEO and CFO.
  • Benzinga Pro's signals feature notified of a potential breakout in GOGL shares.

Read More:

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼
Posted In: NewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading Ideasdividend yieldExpert IdeasindustrialsPro ProjectWall Street's Most Accurate Analysts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!