3 Minutes To Boost Your Earnings: 3 High-Yielding Dividend Stocks In Tech Sector 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: 5.98%
• 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 73%.
• 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 72%.
• Recent News: Xerox recently reported mixed third-quarter financial results and cut FY23 revenue guidance.

International Business Machines Corporation IBM

• Dividend Yield: 4.06%
• BMO Capital analyst Keith Bachman maintained a Market Perform rating and increased the price target from $152 to $155 on Oct. 26, 2023. This analyst has an accuracy rate of 81%.
• RBC Capital analyst Amit Daryanani initiated coverage on the stock with an Outperform rating and a price target of $188 on Sept. 20, 2023. This analyst has an accuracy rate of 76%.
• Recent News: FuelCell Energy partnered with IBM to boost the performance of its technology using Foundation Models, a form of generative Artificial Intelligence (AI).

Seagate Technology Holdings plc STX

• Dividend Yield: 3.28%
• B of A Securities analyst Wamsi Mohan maintained a Buy rating and raised the price target from $80 to $87 on Dec. 6, 2023. This analyst has an accuracy rate of 76%.
• Rosenblatt analyst Kevin Cassidy maintained a Buy rating and increased the price target from $68 to $78 on Oct. 27, 2023. This analyst has an accuracy rate of 77%.
• Recent News: Seagate Technology, during October, reported first-quarter revenues of $1.454 billion, missing the analyst consensus of $1.530 billion.

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