Check Out 3 Risk Off Stocks With Over 3% 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 staples sector.

Kimberly-Clark Corporation (NYSE: KMB)

• Dividend Yield: 3.73%
• Morgan Stanley analyst Dara Mohsenian reiterated an Equal-Weight rating with a price target of $153 on July 26, 2023. This analyst has an accuracy rate of 75%.
• Deutsche Bank analyst Steve Powers maintained a Hold rating and raised the price target from $123 to $133 on April 26, 2023. This analyst has an accuracy rate of 74%.
• Recent News: Kimberly-Clark reported second-quarter FY23 sales growth of 1% year-on-year to $5.1 billion, missing the analyst consensus estimate of $5.13 billion.

SpartanNash Company (NASDAQ: SPTN)

• Dividend Yield: 3.77%
• BMO Capital analyst Kelly Bania maintained a Market Perform rating and cut the price target from $29 to $23 on June 7, 2023. This analyst has an accuracy rate of 68%.
• Deutsche Bank analyst Paul Trussell maintained a Hold rating and slashed the price target from $35 to $30 on Feb. 27, 2023. This analyst has an accuracy rate of 74%.
• Recent News: SpartanNash reported second-quarter FY23 sales growth of 1.7% year-on-year to $2.31 billion, missing the consensus of $2.36 billion.

Philip Morris International Inc. (NYSE: PM)

• Dividend Yield: 5.39%
• Stifel analyst Matthew Smith reinstated a Buy rating with a price target of $114 on April 14, 2023. This analyst has an accuracy rate of 69%.
• Goldman Sachs analyst Bonnie Herzog upgraded the stock from Neutral to Buy and increased the price target from $95 to $120 on Jan. 25, 2023. This analyst has an accuracy rate of 73%.
• Recent News: Philip Morris International reported second-quarter FY23 sales growth of 14.5% year-on-year to $8.97 billion, beating the analyst consensus of $8.65 billion.

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