In times of turbulence and uncertainty in the markets, many investors turn to high-dividend stocks. These are often companies that have high free cash flows and reward their shareholders with a high dividend payout.

Benzinga readers can see the latest analyst opinions on their favorite stocks on our Analyst Stock Ratings page. Traders can search Benzinga’s extensive database of analyst ratings, including by analyst accuracy.

Below you will find the most reliable analysts’ ratings for three high-yielding stocks in the information technology sector.

Xerox Corporation XRX

• Dividend yield: 9.81%
• Citigroup Analyst Asiya Merchant initiated coverage of the stock on June 28 with a sell rating and a price target of $11. This analyst’s hit rate is 69%.
• JPMorgan Chase & Co. Analyst Samik Chatterjee maintained an underweight rating and lowered the price target from $18 to $17 on April 24. This analyst’s hit rate is 68%.
• Latest news: On July 25, Xerox reported a 10.0% year-over-year decline in revenue for the second quarter of fiscal 2024 to $1.58 billion, below the analyst consensus estimate of $1.60 billion.
• Benzinga Pro’s real-time news feed provides the latest XRX news.

International Business Machines Corporation IBM

• Dividend yield: 3.50%
• Jefferies Analyst Brent Thill maintained a hold rating and raised the price target from $190 to $200 on July 25. This analyst’s hit rate is 78%.
• BMO Capital Analyst Keith Bachman maintained his Market Perform rating and raised the price target from $190 to $210 on July 25. This analyst’s hit rate is 79%.
• Latest news: On July 29, IBM’s board of directors announced a regular quarterly cash dividend of $1.67 per common share.
• Benzinga Pro’s charting tool helped identify the trend of IBM stock.

HP Inc. HPQ

• Dividend yield: 3.16%
• Barclays Analyst Tim Long maintained his equal weight rating and raised the price target from $30 to $33 on May 30. This analyst’s hit rate is 76%.
• TD Cowen Analyst Krish Sankar maintained a hold rating and raised the price target from $30 to $32 on May 30. This analyst’s hit rate is 72%.
• Latest news: HP announced that it will review financial results for its third fiscal quarter ended July 31 on Wednesday, August 28.
• Benzinga Pro’s signals feature notifies of a possible breakout in HPQ shares.

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