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. Here’s a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga’s Analyst Stock Ratings.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.
Huntsman Corporation HUN
- Dividend Yield: 3.66%
- Deutsche Bank analyst David Begleiter downgraded Huntsman from Buy to Hold and raised the price target from $31 to $33 on Jan. 17, 2023. This analyst has an accuracy rate of 67.8%.
- Credit Suisse analyst Edlain Rodriguez maintained the stock with an Outperform and increased the price target from $30 to $33 on Dec. 9, 2022. This analyst has an accuracy rate of 62.5%.
- Recent News: Huntsman reported worse-than-expected second-quarter financial results.
Eastman Chemical Company EMN
- Dividend Yield: 4.01%
- Morgan Stanley analyst Vincent Andrews reiterated Eastman Chemical with an Overweight and maintained a $115 price target on Aug. 1, 2023. This analyst has an accuracy rate of 65.8%.
- Credit Suisse analyst John Roberts maintained the stock with an Outperform and raised the price target from $95 to $98 on July 28, 2023. This analyst has an accuracy rate of 63%.
- Recent News: Eastman Chemical posted better-than-expected second-quarter earnings.
International Flavors & Fragrances Inc. IFF
- Dividend Yield: 4.76%
- Stifel analyst Mark Astrachan reiterated Intl Flavors & Fragrances with a Hold and maintained a price target of $81 on Sept. 14, 2023. This analyst has an accuracy rate of 79.2%.
- Deutsche Bank analyst David Begleiter maintained the stock with a Buy and lowered the price target from $110 to $85 on Aug. 9, 2023. This analyst has an accuracy rate of 67.8%.
- Recent News: International Flavors & Fragrances reported worse-than-expected second-quarter results and issued a reduced FY23 outlook.
Read More: Top 5 Tech And Telecom Stocks You’ll Regret Missing This Month
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