Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: PennyMac Mortgage Investment Trust (PMT) - PMT has a dividend yield of 13.50% [7] - Analyst Bose George from Keefe, Bruyette & Woods downgraded PMT from Outperform to Market Perform, reducing the price target from $14.5 to $13.5 [7] - Analyst Mike Kaye from Wells Fargo maintained an Equal-Weight rating and cut the price target from $14 to $13 [7] - Recent news includes the appointment of Kevin Ryan as senior managing director and chief strategy officer [7] Group 2: KKR Real Estate Finance Trust Inc (KREF) - KREF has a dividend yield of 11.64% [7] - Analyst Richard Shane from JP Morgan maintained an Overweight rating and decreased the price target from $11.5 to $9.5 [7] - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained an Outperform rating and cut the price target from $13 to $12.25 [7] - KREF is set to release its financial results for Q3 on October 21 [7] Group 3: Western Union Co (WU) - WU has a dividend yield of 11.55% [7] - Analyst Sanjay Sakhrani from Keefe, Bruyette & Woods maintained a Market Perform rating and cut the price target from $10 to $9 [7] - Analyst Ramsey El-Assal from Barclays maintained an Underweight rating and slashed the price target from $10 to $8 [7] - WU will release its third-quarter results on October 23 [7]
Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 10% Dividend Yields