Don't Miss These 3 Stocks With Over 3% Dividend Yields In Materials Sector From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Analysts have provided ratings for three high-yield dividend stocks in the materials sector. Kronos Worldwide, Inc. (KRO) has an 8% dividend yield but reported a Q3 net loss. Newmont Corporation (NEM) offers a 3.89% yield but saw a 5% revenue decline in Q3. FMC Corporation (FMC) with a 3.85% yield is reviewing non-core assets for potential sale. Analysts' accuracy rates range from 68% to 79%.
December 15, 2023 | 1:17 pm
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NEUTRAL IMPACT
FMC offers a 3.85% dividend yield and is considering the sale of non-core assets. Analysts have downgraded the stock with reduced price targets.
The dividend yield and potential asset sales could be seen as positive, but analyst downgrades and price target cuts may create uncertainty, leading to a neutral short-term impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
KRO has a high dividend yield of 8% but reported a Q3 net loss. Analysts have mixed views with a downgrade from Buy to Hold and an upgrade to Overweight.
The high dividend yield is positive for investors, but the recent net loss may raise concerns about sustainability. Mixed analyst ratings could lead to neutral short-term price movement.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
NEM has a dividend yield of 3.89% but experienced a 5% Y/Y revenue decline in Q3. Analysts have upgraded the stock with varied price targets.
The dividend yield is attractive, but the revenue decline may concern investors. Upgrades from analysts indicate a potential positive outlook, balancing the short-term impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80