Check Out 3 Tech And Telecom Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Three high-yielding tech and telecom stocks with over 3% dividend yields have been identified by Wall Street's most accurate analysts. These stocks are Verizon Communications Inc. (VZ), The Interpublic Group of Companies, Inc. (IPG), and JOYY Inc. (YY).
June 16, 2023 | 12:04 pm
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POSITIVE IMPACT
JOYY Inc. has a dividend yield of 6.83%. Analysts from Benchmark and Citigroup have maintained Buy ratings.
JOYY's high dividend yield and positive analyst ratings suggest a likely short-term increase in the stock price. The company also reported better-than-expected Q1 results, which could further boost investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
The Interpublic Group of Companies, Inc. has a dividend yield of 3.09%. Analysts from Morgan Stanley and JP Morgan have maintained Equal-Weight and Overweight ratings, respectively.
Interpublic's dividend yield and mixed analyst ratings suggest a neutral short-term impact on the stock price. The company recently posted better-than-expected Q1 results, which could provide some support.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Verizon Communications Inc. has a dividend yield of 7.15%. Analysts from Oppenheimer and Citigroup have maintained Outperform and Neutral ratings, respectively.
Verizon's high dividend yield and mixed analyst ratings suggest a neutral short-term impact on the stock price. The company is also searching for a new finance chief, which could affect its future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100