Check Out 3 Consumer Stocks With Over 7% Dividend Yields From Wall Street's Most Accurate Analysts

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 consumer discretionary sector.

Kohl's Corporation KSS

• Dividend Yield: 7.82%
• Evercore ISI Group analyst Michael Binetti initiated coverage on the stock with an In-Line rating and a price target of $24 on Nov. 7, 2023. This analyst has an accuracy rate of 60%.
• B of A Securities analyst Lorraine Hutchinson maintained an Underperform rating and cut the price target from $25 to $22 on Sept 26, 2023. This analyst has an accuracy rate of 60%.
• Recent News: Kohl's reported a second-quarter FY23 revenue decline of 4.8% year-on-year to $3.90 billion, beating the analyst consensus of $3.69 billion.

Leggett & Platt, Incorporated LEG

• Dividend Yield: 7.71%
• Truist Securities analyst Keith Hughes maintained a Hold rating and cut the price target from $26 to $24 on Nov. 1, 2023. This analyst has an accuracy rate of 80%.
• Piper Sandler analyst Peter Keith maintained an Underweight rating and lowered the price target from $21 to $18 on Nov. 1, 2023. This analyst has an accuracy rate of 72%.
• Recent News: Leggett & Platt posted downbeat earnings for the third quarter.

Foot Locker, Inc. FL

• Dividend Yield: 7.22%
• JP Morgan analyst Matthew Boss downgraded the stock from Neutral to Underweight with a price target of $17 on Oct. 24, 2023. This analyst has an accuracy rate of 67%.
• Piper Sandler analyst Abbie Zvejnieks initiated coverage on the stock with a Neutral rating and a price target of $19 on Sept. 26, 2023. This analyst has an accuracy rate of 70%.
• Recent News: Foot Locker is expected to report financial results for its third quarter on Nov. 29, 2023.

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