During times of uncertainty in the markets, investors often seek refuge in high-yield dividend-yielding stocks, commonly issued by companies with strong cash flows that reward shareholders with generous dividend payouts.
For three high-yielding stocks in the financial sector, here are the ratings from the most accurate analysts:
Lincoln National Corporation (LNC)
– Dividend Yield: 6.27%
– Wells Fargo analyst Elyse Greenspan maintained an Equal-Weight rating with a raised price target from $26 to $28 on April 11, 2024. (Accuracy rate: 76%)
– Piper Sandler analyst John Barnidge maintained a Neutral rating with an increased price target from $28 to $32 on April 5, 2024. (Accuracy rate: 75%)
New York Community Bancorp, Inc. (NYCB)
– Dividend Yield: 6.29%
– Citigroup analyst Keith Horowitz maintained a Neutral rating but lowered the price target from $5 to $3.5 on March 7, 2024. (Accuracy rate: 78%)
– Morgan Stanley analyst Manan Gosalia maintained an Equal-Weight rating but reduced the price target from $6 to $4 on March 7, 2024. (Accuracy rate: 71%)
The Western Union Company (WU)
– Dividend Yield: 7.01%
– BMO Capital analyst Rufus Hone maintained a Market Perform rating with an increased price target from $12 to $13 on Feb. 7, 2024. (Accuracy rate: 76%)
– Wolfe Research analyst Darrin Peller downgraded the stock from Peer Perform to Underperform on Jan. 4, 2024. (Accuracy rate: 73%)
