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 financial sector.
Annaly Capital Management, Inc.
- Dividend Yield: 12.62%
- Keefe, Bruyette & Woods analyst Bose George maintained an Outperform rating and raised the price target from $22.5 to 23.5 on April 28, 2023. This analyst has an accuracy rate of 69%.
- Wells Fargo analyst Donald Fandetti maintained an Equal-Weight rating and cut the price target from $23 to $21 on April 28, 2023. This analyst has an accuracy rate of 69%.
- Recent News: Nordic Annaly Capital Management reported better-than-expected first-quarter financial results.
- Dividend Yield: 12.72%
- Credit Suisse analyst Douglas Harter maintained a Neutral rating and cut the price target from $6.5 to $5.5 on May 19, 2023. This analyst has an accuracy rate of 69%.
- Keefe, Bruyette & Woods analyst Bose George maintained a Market Perform rating and slashed the price target from $6.25 to $5.5 on May 9, 2023. This analyst has an accuracy rate of 69%.
- Recent News: Chimera Investment announced second-quarter common stock dividend of $0.18 and increase in share repurchase program from $177 million to $250 million.
- Dividend Yield: 13.84%
- Raymond James analyst Stephen Laws maintained an Outperform rating and cut the price target from $10.5 to $9 on June 6, 2023. This analyst has an accuracy rate of 63%.
- Piper Sandler analyst Kevin Barker maintained an Overweight rating and slashed the price target from $11 to $10 on May 8, 2023. This analyst has an accuracy rate of 74%.
- Recent News: Great Ajax posted weaker-than-expected quarterly results.