In times of market turbulence and uncertainty, dividend-yielding stocks often become a haven for investors. These companies, with their strong cash flows, reward shareholders with hefty dividend payouts. Benzinga readers can explore the latest analyst opinions on their favorite stocks by visiting our Analyst Stock Ratings page, where you can sort through a comprehensive database of analyst ratings, including by analyst accuracy.
Let’s delve into the ratings of some of the most accurate analysts for three high-yielding stocks in the consumer staples sector:
Walgreens Boots Alliance, Inc. (WBA)
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Dividend Yield:
11.09%*
UBS analyst Kevin Caliendo:
Maintained a Neutral rating and lowered the price target from $17 to $12 on July 3. This analyst boasts an accuracy rate of 71%.*
RBC Capital analyst Ben Hendrix:
Maintained a Sector Perform rating and reduced the price target from $22 to $13 on July 2. This analyst holds an accuracy rate of 73%.*
Recent News:
On Friday, Walgreens Boots Alliance agreed to pay $106.8 million to settle allegations related to false claims submitted to government healthcare programs. This settlement addressed violations of the False Claims Act and state regulations. Benzinga Pro’s real-time newsfeed alerted to the latest WBA news.B&G Foods, Inc. (BGS)
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Dividend Yield:
8.41%*
Barclays analyst Brandt Montour:
Maintained an Equal-Weight rating and reduced the price target from $10 to $8 on July 19. This analyst has an accuracy rate of 64%.*
Piper Sandler analyst Michael Lavery:
Maintained a Neutral rating and reduced the price target from $9 to $8 on July 11. This analyst boasts an accuracy rate of 70%.*
Recent News:
On September 9, B&G Foods issued a notice for the full redemption of its remaining 5.25% senior notes due in 2025. Benzinga Pro’s charting tool effectively identified the trend in BGS stock.Altria Group, Inc. (MO)
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Dividend Yield:
7.89%*
Barclays analyst Gaurav Jain:
Maintained an Underweight rating and raised the price target from $43 to $45 on September 9. This analyst has an accuracy rate of 66%.*
Stifel analyst Matthew Smith:
Maintained a Buy rating and increased the price target from $50 to $54 on August 1. This analyst holds an accuracy rate of 61%.*
Recent News:
On August 22, Altria announced an increase in its quarterly dividend by 4.1% to $1.02 per share. Benzinga Pro’s signals feature notified of a potential breakout in MO shares.This information aims to provide insightful perspectives on these high-yielding stocks, empowering investors to make informed decisions. Remember, this content should not be construed as investment advice.
