These 3 Materials Stocks Delivering High-Dividend Yields Are Recommended By 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 materials sector.

Dow Inc. DOW

• Dividend Yield: 5.58%
• JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight with a price target of $55 on Sept. 25, 2023. This analyst has an accuracy rate of 72%
• Wells Fargo analyst Michael Sison maintained an Overweight rating and increased the price target from $58 to $59 on July 26, 2023. This analyst has an accuracy rate of 73%.
• Recent News: Dow reported a second-quarter FY23 sales decline of 27.1% year-over-year to $11.42 billion, beating the consensus of $11.27 billion.

The Scotts Miracle-Gro Company SMG

• Dividend Yield: 5.39%
• Raymond James analyst Joseph Altobello maintained a Strong Buy rating and cut the price target from $86 to $70 on Aug. 3, 2023. This analyst has an accuracy rate of 69%.
• JP Morgan analyst Jeffrey Zekauskas upgraded the stock from Neutral to Overweight with a price target of $80 on May 8, 2023. This analyst has an accuracy rate of 72%.
• Recent News: Scotts Miracle-Gro disclosed a reorganization of its executive team following the planned retirements of President Mike Lukemire and Executive Vice President, Global Human Resources and Chief Ethics Officer Denise Stump.

Eastman Chemical Company EMN

• Dividend Yield: 4.31%
• Keybanc analyst Aleksey Yefremov maintained an Overweight rating and cut the price target from $103 to $98 on Oct. 3, 2023. on July 28, 2023. This analyst has an accuracy rate of 71%.
• Morgan Stanley analyst Vincent Andrews reiterated an Overweight rating with a price target if $115 on Aug. 1, 2023. This analyst has an accuracy rate of 78%.
• Recent News: Eastman Chemical entered into a definitive agreement to sell its Texas City Operations, located in Texas City, Texas, to INEOS Acetyls for $490 million.

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