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.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the materials sector.
WestRock Company (NYSE:WRK)
Dividend Yield: 3.07%
Wells Fargo analyst Gabrial Hajde maintained an Overweight rating and increased the price target from $37 to $42 on Aug. 4, 2023. This analyst has an accuracy rate of 79%.
Citigroup analyst Anthony Pettinari maintained a Buy rating and raised the price target from $32 to $33 on May 5, 2023. This analyst has an accuracy rate of 78%.
Recent News: WestRock Company and Smurfit Kappa Group Plc said they are merging to create Smurfit WestRock, a sustainable packaging company with scale, quality, product and geographic diversity.
FMC Corporation (NYSE:FMC)
Dividend Yield: 3.46%
Morgan Stanley analyst Vincent Andrews maintained an Overweight rating and cut the price target from $110 to $100 on Sept. 11, 2023. This analyst has an accuracy rate of 70%.
Keybanc analyst Aleksey Yefremov maintained an Overweight rating and cut the price target from $128 to $117 on Aug. 4, 2023. This analyst has an accuracy rate of 71%.
Recent News: FMC reported weaker-than-expected second-quarter financial results.
The Chemours Company (NYSE:CC)
Dividend Yield: 3.57%
BMO Capital analyst John McNulty maintained an Outperform rating and cut the price target from $64 to $53 on Aug. 2, 2023. This analyst has an accuracy rate of 65%.
UBS analyst Joshua Spector maintained a Buy rating and raised the price target from $41 to $43 on June 13, 2023. This analyst has an accuracy rate of 70%.
Recent News: Chemours posted better-than-expected second-quarter earnings.
Read More: Dollar General, Philip Morris And Other Defensive Stocks From Wall Street's Most Accurate Analysts
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