Wall Street's Most Accurate Analysts Say Buy These 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 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.

Nokia Oyj NOK

• Dividend Yield: 3.27%
• Raymond James analyst Simon Leopold maintained an Outperform rating and cut the price target from $7 to $6 on April 21, 2023. This analyst has an accuracy rate of 64%.
• Redburn Partners analyst Joseph Zhou initiated coverage on the stock a Buy rating on Sept. 26, 2022. This analyst has an accuracy rate of 66%.
• Recent News: Nokia unveiled first CE-certified 5G automated drone-in-a-box solution for secure, reliable public sector and industrial operations.

Corning Incorporated GLW

• Dividend Yield: 3.54%
• Morgan Stanley analyst Meta Marshall upgraded the stock from Equal-Weight to Overweight and raised the price target from $35 to $38 on June 9, 2023. This analyst has an accuracy rate of 73%.
• JP Morgan analyst Samik Chatterjee maintained an Overweight rating and boosted the price target from $40 to $42 on April 19, 2023. This analyst has an accuracy rate of 74%.
• Recent News: Corning and SGD Pharma reported a joint venture to open new glass tubing facility and expand access to Corning Velocity Vial Technology in India.

ADTRAN Holdings, Inc. ADTN

Dividend Yield: 3.82%

• Rosenblatt analyst Mike Genovese reiterated a Buy rating with a price target of $12 on June 9, 2023. This analyst has an accuracy rate of 61%.
• 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 76%.
• Recent News: ADTN said it expects first-quarter revenues of $322 million - $326 million, below its guided range of $355 million - $375 million and also missing the Street view of $364.1 million.

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