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

Benzinga ·  Dec 4 20:25

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.

Deluxe Corporation (NYSE:DLX)

  • Dividend Yield: 5.13%
  • 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 79%.
  • 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: On Nov. 19, Deluxe announced the pricing of senior secured notes offering.
  • Benzinga Pro's real-time newsfeed alerted to latest DLX news

Karat Packaging Inc. (NASDAQ:KRT)

  • Dividend Yield: 5.10%
  • 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 74%.
  • 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 86%.
  • Recent News: On Nov. 7, Karat Packaging posted weaker-than-expected quarterly earnings.
  • Benzinga Pro's real-time newsfeed alerted to latest KRT news

United Parcel Service, Inc. (NYSE:UPS)

  • Dividend Yield: 5.03%
  • Citigroup analyst Ariel Rosa maintained a Buy rating and cut the price target from $163 to $158 on Nov. 12. This analyst has an accuracy rate of 74%.
  • Oppenheimer analyst Scott Schneeberger maintained an Outperform rating and raised the price target from $140 to $146 on Oct. 28. This analyst has an accuracy rate of 70%.
  • Recent News: On Oct. 24, United Parcel Service reported better-than-expected third-quarter financial results.
  • Benzinga Pro's charting tool helped identify the trend in UPS stock.

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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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