Check Out 3 Tech And Telecom Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts

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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga’s extensive database of analyst ratings, including by analyst accuracy. Here’s a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga’s Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.

Verizon Communications Inc. (NYSE:VZ)

  • Dividend Yield: 7.15%
  • Oppenheimer analyst Timothy Horan maintained an Outperform rating and cut the price target from $46 to $43 on April 26, 2023. This analyst has an accuracy rate of 71%.
  • Citigroup analyst Michael Rollins maintained a Neutral rating and raised the price target from $39 to $42 on Jan. 26, 2023. This analyst has an accuracy rate of 77%.
  • Recent News: Verizon is looking for a new finance chief who could later transition into the Chief Executive role.

The Interpublic Group of Companies, Inc. (NYSE:IPG)

  • Dividend Yield: 3.09%
  • Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $35 to $40 on Feb. 6, 2023. This analyst has an accuracy rate of 73%.
  • JP Morgan analyst David Karnovsky maintained an Overweight rating and increased the price target from $38 to $39 on Jan. 23, 2023. This analyst has an accuracy rate of 69%.
  • Recent News: Interpublic posted better-than-expected first-quarter results.

JOYY Inc. (NASDAQ:YY)

  • Dividend Yield: 6.83%
  • Benchmark analyst Fawne Jiang reiterated a Buy rating with a price target of $49 on June 1, 2023. This analyst has an accuracy rate of 73%.
  • Citigroup analyst Brian Gong maintained a Buy rating and cut the price target from $46 to $45 on Feb. 13, 2023. This analyst has an accuracy rate of 66%.
  • Recent News: JOYY reported better-than-expected first-quarter results.

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