Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks With Over 5% 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 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.

ZIM Integrated Shipping Services Ltd. ZIM

• Dividend Yield: 5.78%
• Jefferies analyst Omar Nokta maintained a Buy rating and raised the price target from $22 to $25 on Aug. 20. This analyst has an accuracy rate of 73%.
• JP Morgan analyst Samuel Bland maintained a Neutral rating and cut the price target from $9.3 to $9.25 on March 22. This analyst has an accuracy rate of 75%.
• Recent News: On Aug. 19, ZIM Integrated Shipping Services reported better-than-expected second-quarter financial results and raised its FY24 guidance.
• Benzinga Pro's real-time newsfeed alerted to latest ZIM news.

Genco Shipping & Trading Limited GNK

• Dividend Yield: 7.57%
• B. Riley Securities analyst Liam Burke maintained a Buy rating and raised the price target from $27 to $30 on May 10. This analyst has an accuracy rate of 62%
• Jefferies analyst Omar Nokta maintained a Buy rating and increased the price target from $26 to $27 on May 9. This analyst has an accuracy rate of 73%.
• Recent News: On Sept. 10, Genco Shipping & Trading enhanced Dividend Policy to increase cash distributable to shareholders.
• Benzinga Pro’s charting tool helped identify the trend in GNK stock.

Karat Packaging Inc. KRT

• Dividend Yield: 5.32%
• Truist Securities analyst Jake Bartlett downgraded the stock from Buy to Hold and cut the price target from $34 to $28 on Aug. 9. This analyst has an accuracy rate of 75%.
• Stifel analyst Michael Hoffman reiterated a Buy rating and raised the price target from $30 to $32 on March 15. This analyst has an accuracy rate of 82%.
• Recent News: On Aug. 8, Karat Packaging reported worse-than-expected second-quarter financial results.
• Benzinga Pro’s signals feature notified of a potential breakout in KRT shares.

Read More:

• Jim Cramer: Viking Has ‘Many Ships Coming In’