These 3 Consumer Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Wall Street's most accurate analysts recommend three high-dividend yielding consumer stocks: DICK'S Sporting Goods (DKS), Darden Restaurants (DRI), and Levi Strauss (LEVI). These companies have dividend yields of 3.04%, 3.16%, and 3.62%, respectively.
May 18, 2023 | 1:18 pm
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POSITIVE IMPACT
DICK'S Sporting Goods has a dividend yield of 3.04% and is recommended by analysts with an accuracy rate of 81% and 70%. The company recently announced a multi-year partnership with the Boston Athletic Association.
The high dividend yield and positive analyst recommendations, along with the recent partnership announcement, suggest a positive short-term impact on DKS stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Darden Restaurants has a dividend yield of 3.16% and is recommended by analysts with an accuracy rate of 72% and 76%. The company recently commenced a tender offer to acquire Ruth's Hospitality Group for $21.50 per share in cash.
The high dividend yield, positive analyst recommendations, and the recent acquisition announcement suggest a positive short-term impact on DRI stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Levi Strauss has a dividend yield of 3.62% and is recommended by analysts with an accuracy rate of 73% and 70%. The company recently reaffirmed its guidance for fiscal 2023, expecting adjusted diluted EPS in the range of $1.30-$1.40 per share.
The high dividend yield, positive analyst recommendations, and the recent reaffirmation of the company's guidance suggest a positive short-term impact on LEVI stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100