Wall Street's Most Accurate Analysts Say Hold These 3 Financial Stocks With Over 6% Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts recommend holding three financial stocks with dividend yields over 6%: Columbia Banking System, Inc. (COLB), OneMain Holdings, Inc. (OMF), and Lincoln National Corporation (LNC). These recommendations come amidst market turbulence, with each stock having recent positive earnings reports or corporate announcements.
May 09, 2024 | 12:49 pm
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POSITIVE IMPACT
Columbia Banking System, Inc. has a dividend yield of 7.12% and received mixed analyst ratings with a recent positive earnings report.
The positive earnings report and high dividend yield suggest a strong financial position, likely attracting investors despite mixed analyst ratings.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
OneMain Holdings, Inc. offers an 8.05% dividend yield, with analysts adjusting price targets after better-than-expected quarterly earnings.
The adjustment of price targets by analysts following better-than-expected earnings, combined with a high dividend yield, positions OMF favorably for short-term growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Lincoln National Corporation, with a 6.15% dividend yield, received neutral ratings from analysts and announced its 2024 Annual Meeting of Shareholders.
Neutral analyst ratings and the announcement of the annual meeting suggest a stable outlook for LNC, with its dividend yield providing ongoing investor interest.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80