These 3 Tech And Telecom Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Wall Street's most accurate analysts recommend three high-yielding dividend stocks in the communication services sector: JOYY Inc. (NASDAQ:YY), Verizon Communications Inc. (NYSE:VZ), and Nexstar Media Group, Inc. (NASDAQ:NXST). These stocks have dividend yields of 8.23%, 7.33%, and 3.58%, respectively.
June 02, 2023 | 12:47 pm
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Verizon Communications has a dividend yield of 7.33% and is recommended by analysts with accuracy rates of 71%. The company reported a Q1 FY23 sales decline of 1.9% YoY.
Verizon Communications has a high dividend yield of 7.33% and is recommended by accurate analysts. However, the company's Q1 FY23 sales decline of 1.9% YoY may offset the positive impact of the dividend yield on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Nexstar Media Group has a dividend yield of 3.58% and is recommended by analysts with accuracy rates of 76% and 68%. The company reported a Q1 net revenue growth of 3.9% YoY.
Nexstar Media Group is recommended by highly accurate analysts and has a dividend yield of 3.58%. The company's Q1 net revenue growth of 3.9% YoY indicates a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
JOYY Inc. has a dividend yield of 8.23% and is recommended by analysts with accuracy rates of 73% and 66%. The company recently reported better-than-expected Q1 results.
JOYY Inc. is recommended by highly accurate analysts and has a high dividend yield of 8.23%. The company's better-than-expected Q1 results indicate a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100