Wall Street's Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
Wall Street's most accurate analysts recommend buying three tech stocks with over 3% dividend yields: Nokia Oyj (NOK), Corning Incorporated (GLW), and ADTRAN Holdings, Inc. (ADTN). These companies have high free cash flows and reward shareholders with high dividend payouts.
June 12, 2023 | 1:00 pm
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NEUTRAL IMPACT
ADTRAN Holdings, Inc. (ADTN) has a 3.82% dividend yield and is recommended by top analysts. The company recently reported lower-than-expected first-quarter revenues.
ADTRAN's high dividend yield makes it an attractive investment, but the lower-than-expected Q1 revenues may cause short-term uncertainty. Top analysts' recommendations provide a neutral outlook.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Corning Incorporated (GLW) has a 3.54% dividend yield and is recommended by top analysts. The company recently reported a joint venture with SGD Pharma to expand access to Corning Velocity Vial Technology in India.
Corning's high dividend yield and recent joint venture announcement make it an attractive investment. Top analysts' recommendations further support the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nokia Oyj (NOK) has a 3.27% dividend yield and is recommended by top analysts. The company recently unveiled a CE-certified 5G automated drone-in-a-box solution.
Nokia's high dividend yield and recent product unveiling make it an attractive investment. Top analysts' recommendations further support the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100