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Check Out 3 High-Yielding Dividend Stocks In Financial Sector From Wall Street's Most Accurate Analysts

Published 11/07/2023, 13:48
Updated 11/07/2023, 15:10
© Reuters.  Check Out 3 High-Yielding Dividend Stocks In Financial Sector From Wall Street's Most Accurate Analysts

Benzinga - 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.

Two Harbors Investment Corp. (NYSE: TWO)

  • Dividend Yield: 14.00%
  • Keefe, Bruyette & Woods analyst Bose George maintained a Market Perform rating and cut the price target from $16 to $14.5 on May 4, 2023. This analyst has an accuracy rate of 69%.
  • Barclays analyst Mark Devries maintained an Equal-Weight rating and cut the price target from $16 to $14 on May 3, 2023. This analyst has an accuracy rate of 61%.
  • Recent News: Two Harbors reported weaker-than-expected first-quarter earnings.
Citizens Financial Group, Inc. (NYSE: CFG)
  • Dividend Yield: 6.24%
  • Citigroup analyst Keith Horowitz maintained a Neutral rating and cut the price target from $34 to $31 on June 12, 2023. This analyst has an accuracy rate of 75%.
  • Baird analyst David George maintained an Outperform rating and slashed the price target from $48 to $44 on April 20, 2023. This analyst has an accuracy rate of 74%.
  • Recent News: Citizens Financial Group is expected to report its second-quarter earnings on July 19, 2023.
Comerica Incorporated (NYSE: CMA)
  • Dividend Yield: 6.42%
  • Truist Securities analyst Jennifer Demba maintained a Buy rating and cut the price target from $54 to $50 on June 29, 2023. This analyst has an accuracy rate of 73%.
  • Citigroup analyst Keith Horowitz reiterated a Buy with a price target from $55 on June 15, 2023. This analyst has an accuracy rate of 75%.
  • Recent News: DiversityInc named Comerica Bank to its 2023 Top Noteworthy Companies.

Read More: WD-40, VOXX International And 3 Stocks To Watch Heading Into Tuesday

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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