These 3 Tech And Telecom Stocks With Over 6% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

Author: Avi Kapoor | April 05, 2024 08:58am

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 .

Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.

CuriosityStream Inc. (NASDAQ:CURI)

• Dividend Yield: 10.04%
• Needham analyst Laura Martin maintained a Buy rating and cut the price target from $1.5 to $1.25 on March 21, 2024. This analyst has an accuracy rate of 73%.
• Benchmark analyst Daniel Kurnos maintained a Buy rating and slashed the price target from $8 to $4 on March 31, 2023. This analyst has an accuracy rate of 75%.
• Recent News: On March 20, Curiosity Stream reported mixed fourth-quarter financial results.

Sinclair, Inc. (NASDAQ:SBGI)

• Dividend Yield: 7.59%
• Guggenheim analyst Curry Baker maintained a Buy rating and cut the price target from $30 to $20 on Nov. 3, 2023. This analyst has an accuracy rate of 65%.
• Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $25 on Aug. 23, 2023. This analyst has an accuracy rate of 75%.
• Recent News: On April 1, Sinclair Broadcast Group said Matthew Galka will join the company's Washington DC Bureau as a National Correspondent.

AT&T Inc. (NYSE:T)

• Dividend Yield: 6.32%
• Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $19 to $20 on Feb. 1, 2024. This analyst has an accuracy rate of 75%.
• Tigress Financial analyst Ivan Feinseth maintained a Buy rating and increased the price target from $28 to $29 on Jan. 31, 2024. This analyst has an accuracy rate of 72%.
• Recent News: AT&T recently said personal data from 73 million current and former customers account holders was leaked.

 

Read More: Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month

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