Top 5 High Dividend Stocks To Buy According To Analysts

2. ACCO Brands Corporation (NYSE:ACCO)

Upside Potential as of May 4: 99.08%
Average Price Target Based on Analyst Ratings: $8.67
Dividend Yield as of May 4: 6.89%

ACCO Brands Corporation (NYSE:ACCO) is an American multinational manufacturing company that specializes in a wide range of technology and consumer products. Barrington raised its price target on the stock to $8 in March with an Outperform rating on the shares. The firm mentioned that the company is well-positioned to achieve its long-term target of organic growth.

ACCO Brands Corporation (NYSE:ACCO), one of the best dividend stocks, initiated its dividend policy in 2018 and has paid regular dividends to shareholders since then. The company currently offers a quarterly dividend of $0.075 per share for a dividend yield of 6.89%, as of May 4.

As per Insider Monkey’s database for Q4 2022, 18 hedge funds owned stakes in ACCO Brands Corporation (NYSE:ACCO), with a collective value of over $46.3 million. With over 2 million shares, AQR Capital Management was the company’s leading stakeholder in Q4.