Wall Street's Most Accurate Analysts Spotlight On 3 Tech Stocks With Over 3% Dividend Yields

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 Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.

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: 11.24%
• JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $11 to $8 on Oct. 30. This analyst has an accuracy rate of 70%.
• Loop Capital analyst Ananda Baruah maintained a Hold rating and slashed the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 75%.
• Recent News: On Oct. 29, Xerox reported worse-than-expected third-quarter financial results and cut annual outlook.
• Benzinga Pro's real-time newsfeed alerted to latest XRX news.

Silicon Motion Technology Corporation SIMO

• Dividend Yield: 3.57%
• Needham analyst Quinn Bolton maintained a Buy rating and cut the price target from $94 to $75 on Nov. 1. This analyst has an accuracy rate of 79%.
• Wedbush analyst Matt Bryson reiterated an Outperform rating with a price target of $90 on Oct. 2. This analyst has an accuracy rate of 81%.
• Recent News: On Oct. 30, Silicon Motion Technology posted better-than-expected quarterly earnings.
• Benzinga Pro's real-time newsfeed alerted to latest SIMO news.

International Business Machines Corporation IBM

• Dividend Yield: 3.13%
• BMO Capital analyst Keith Bachman maintained a Market Perform rating and raised the price target from $235 to $260 on Oct. 24. This analyst has an accuracy rate of 81%.
• Jefferies analyst Brent Thill maintained a Hold rating and increased the price target from $200 to $245 on Oct. 21. This analyst has an accuracy rate of 77%.
• Recent News: On Oct. 23, IBM reported third-quarter revenue of $14.968 billion, missing the consensus estimate of $15.07 billion, according to Benzinga Pro. The company reported quarterly loss from continuing operations of 34 cents per share.
• Benzinga Pro’s charting tool helped identify the trend in IBM stock.

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