Check Out 3 Materials Stocks With Over 4% Dividend Yields From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Three materials stocks with over 4% dividend yields have been highlighted by Wall Street's most accurate analysts. These include The Scotts Miracle-Gro Company (SMG) with a dividend yield of 5.87%, The Chemours Company (CC) with a dividend yield of 4.24%, and Kaiser Aluminum Corporation (KALU) with a dividend yield of 5.67%. Recent news for these companies include executive team reorganization for SMG, weaker-than-expected Q3 results for CC, and downbeat Q3 sales for KALU.
October 30, 2023 | 12:58 pm
News sentiment analysis
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NEGATIVE IMPACT
Chemours offers a dividend yield of 4.24%. The company posted weaker-than-expected results for Q3. Analysts have maintained ratings but cut price targets.
The high dividend yield is a positive, but the weaker-than-expected Q3 results could negatively impact the stock in the short term. Analysts maintaining their ratings but cutting price targets also suggests a negative outlook.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Kaiser Aluminum has a dividend yield of 5.67%. The company reported downbeat sales for Q3. Analysts have maintained ratings but cut price targets.
The high dividend yield is a positive, but the downbeat Q3 sales could negatively impact the stock in the short term. Analysts maintaining their ratings but cutting price targets also suggests a negative outlook.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Scotts Miracle-Gro has a high dividend yield of 5.87%. The company recently reorganized its executive team following key retirements. Analysts have maintained ratings but cut price targets.
The high dividend yield is attractive to investors, but the reorganization of the executive team could lead to uncertainty. Analysts maintaining their ratings but cutting price targets suggests a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100