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 stocks in the communication services sector have been highlighted by Wall Street's most accurate analysts. These include Verizon Communications Inc. (VZ) with a dividend yield of 7.86%, Cogent Communications Holdings, Inc. (CCOI) with a dividend yield of 5.36%, and Omnicom Group Inc. (OMC) with a dividend yield of 3.56%. Recent news for these companies include a sales decline for Verizon, better-than-expected Q2 EPS results for Cogent, and worse-than-expected Q2 sales results for Omnicom.
August 21, 2023 | 12:13 pm
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POSITIVE IMPACT
Cogent Communications Holdings, Inc. offers a dividend yield of 5.36% and recently reported better-than-expected Q2 EPS results.
Cogent's high dividend yield and strong Q2 EPS results could boost investor confidence and positively impact the stock's performance in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Verizon Communications Inc. has a high dividend yield of 7.86%. However, it recently reported a Q2 sales decline of 3.5% YoY.
While Verizon's high dividend yield is attractive, the recent sales decline could impact investor sentiment and the stock's performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Omnicom Group Inc. has a dividend yield of 3.56% but recently reported worse-than-expected Q2 sales results.
Despite Omnicom's attractive dividend yield, the worse-than-expected Q2 sales results could negatively impact investor sentiment and the stock's performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100