Tech Titans With Hidden Dividend Gems
5 Tech Stocks with Surprisingly Strong Dividends
In a market where tech giants are often associated with explosive growth and minimal dividend payouts, a select few have bucked the trend. Benzinga has identified five tech stocks that not only boast impressive dividend yields but also possess strong financials, making them attractive options for income-seeking investors.
1. Microsoft Corporation (MSFT)
The software behemoth has been quietly building a reputation as a dividend stalwart, with a five-year dividend growth rate of 22.5%. Microsoft's dividend yield currently stands at 2.2%, making it an attractive option for investors seeking a relatively stable source of income.
2. Intel Corporation (INTC)
The semiconductor giant has been a dividend darling for years, with a five-year dividend growth rate of 14.5%. Intel's dividend yield currently sits at 2.1%, providing investors with a relatively stable source of income.
3. Texas Instruments Incorporated (TXN)
The semiconductor and electronics company has a long history of paying consistent dividends, with a five-year dividend growth rate of 15.5%. Texas Instruments' dividend yield currently stands at 2.5%, making it an attractive option for income-seeking investors.
4. Analog Devices, Inc. (ADI)
The semiconductor company has been a dividend growth story in recent years, with a five-year dividend growth rate of 23.5%. Analog Devices' dividend yield currently sits at 2.4%, providing investors with a relatively stable source of income.
5. Lam Research Corporation (LRCX)
The semiconductor equipment manufacturer has been a dividend growth story in recent years, with a five-year dividend growth rate of 21.5%. Lam Research's dividend yield currently stands at 2.1%, making it an attractive option for income-seeking investors.
These five tech stocks offer investors a unique combination of strong financials, consistent dividend growth, and relatively stable dividend yields. While the tech sector is often associated with high-growth stocks, these companies demonstrate that stability and income can be had in the tech space as well.