Wall Street's Most Accurate Analysts Say Hold These 3 Industrials Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
The most accurate Wall Street analysts recommend holding three high-yielding industrial stocks: 3M Company (MMM), United Parcel Service (UPS), and Ryder System (R). These companies have dividend yields of 5.89%, 3.50%, and 3.34% respectively. Recent news includes 3M's lawsuit settlement, UPS workers heading towards a strike, and Ryder System's increased quarterly cash dividend.
July 13, 2023 | 1:22 pm
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NEGATIVE IMPACT
United Parcel Service has a dividend yield of 3.50%. The company's workers are reportedly heading towards a strike.
While the dividend yield is attractive, the potential strike could disrupt operations and negatively impact the company's performance.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
3M Company has a high dividend yield of 5.89%. The company recently settled a lawsuit for $10.3 billion.
The high dividend yield is attractive to investors, but the recent lawsuit settlement could impact the company's financials.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Ryder System has a dividend yield of 3.34% and recently increased its quarterly cash dividend.
The high dividend yield and recent increase in the quarterly cash dividend make the company attractive to investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100