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Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks Delivering High-Dividend Yields

Published 26/03/2024, 12:53
© Reuters.  Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks Delivering High-Dividend Yields

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

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 .

Below are the ratings of the most accurate analysts for three high-yielding stocks in the financial sector.

Capitol Federal Financial, Inc. (NASDAQ: CFFN)

  • Dividend Yield: 6.01%
  • Piper Sandler analyst Andrew Liesch maintained a Neutral rating and cut the price target from $5.5 to $5 on Oct. 26, 2023. This analyst has an accuracy rate of 68%.
  • Keefe, Bruyette & Woods analyst Damon Delmonte maintained a Market Perform rating and slashed the price target from $8 to $7.5 on April 28, 2023. This analyst has an accuracy rate of 70%.
  • Recent News: On Jan. 24, Capitol Federal Finl posted better-than-expected quarterly earnings.
Lincoln National Corporation
  • Dividend Yield: 6.02%
  • Jefferies analyst Suneet Kamath upgraded the stock from Underperform to Hold and raised the price target from $22 to $26 on Feb. 12, 2024. This analyst has an accuracy rate of 78%.
  • UBS analyst Brian Meredith maintained a Neutral rating and boosted the price target from $25 to $28 on Jan. 10, 2024. This analyst has an accuracy rate of 75%.
  • Recent News: On Feb. 8, Lincoln National posted better-than-expected quarterly earnings.
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The Western Union Company
  • Dividend Yield: 6.87%
  • BMO Capital analyst Rufus Hone maintained a Market Perform rating and boosted the price target from $12 to $13 on Feb. 7, 2024. This analyst has an accuracy rate of 79%.
  • UBS analyst Timothy Chiodo assumed a Neutral rating with a price target of $14 on Oct. 20, 2023. This analyst has an accuracy rate of 62%.
  • Recent News: On March 5, Visa disclosed a 7-year agreement with Western Union.

Read More: McCormick, TD SYNNEX And 3 Stocks To Watch Heading Into Tuesday

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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