Check Out 3 Tech Stocks With Over 5% Dividend Yields From Wall Street's Most Accurate Analysts

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 information technology sector.

Xerox Holdings Corporation XRX

Dividend Yield: 7.49%

• JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $16 to $15 on Oct. 25, 2023. This analyst has an accuracy rate of 72%.
• Credit Suisse analyst Shannon Cross maintained an Underperform rating and raised the price target from $9 to $11 on July 26, 2023. This analyst has an accuracy rate of 71%.
• Recent News: Xerox reported mixed third-quarter financial results and cut FY23 revenue guidance.

ADTRAN Holdings, Inc. ADTN

• Dividend Yield: 6.63%
• Argus Research analyst Jim Kelleher maintained a Buy rating and cut the price target from $30 to $16 on May 15, 2023. This analyst has an accuracy rate of 75%.
• Northland Capital Markets analyst Tim Savageaux downgraded the stock from Outperform to Market Perform with a price target of $13 on April 12, 2023. This analyst has an accuracy rate of 64%.
• Recent News: ADTRAN reported mixed third-quarter financial results and issued fourth-quarter revenue guidance below estimates.

Telefonaktiebolaget LM Ericsson ERIC

• Dividend Yield: 5.47%
• JP Morgan analyst Sandeep Deshpande maintained an Overweight rating and cut the price target from $8.3 to $7.78 on Oct. 18, 2023. This analyst has an accuracy rate of 70%.
• Raymond James analyst Simon Leopold downgraded the stock from Outperform to Market Perform on Feb. 7, 2023. This analyst has an accuracy rate of 63%.
• Recent News: The company reported a sales decline of 5% year-on-year to SEK 64.5 billion ($5.96) billion, missing the consensus of $6.27 billion.

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