It’s a misnomer to think that the technology sector can’t — or doesn’t — have a few dividend stocks to choose from, though. It does, with several of these names reshaping their business models to drive the recurring revenue that lends itself to dividend payouts. Software-as-a-Service and access to cloud-based storage are a couple of platforms that are billed on a monthly or quarterly basis. To that end, here’s a run-down of seven tech stocks that pay a dividend worth collecting. In all seven cases, the payout is pretty well protected, and apt to grow. Best of all, these stocks still offer strong growth prospects that the tech sector is so well known for. From smallest to largest dividend...
AVX Corporation (NYSE:AVX) isn’t a name on too many investor radars, and for good reason. With a market cap of a modest $2.7 billion, it just doesn’t have the publicity firepower many of its tech brethren have. Yes, the iconic king of the networking world, Cisco (NASDAQ:CSCO), is also a respectable dividend payer. You name it, Infosys (NYSE:INFY) does it … or at least it has a hand in it. While the Infosys yield of 3.7% is impressive, Nokia (NYSE:NOK) tops it with its dividend yield of 4%. Qualcomm (NASDAQ:QCOM) is another former big name in the smartphone business that’s since been shoved to the back of the line thanks to Samsung and Apple. Seagate (NASDAQ:STX) isn’t a name that needs much on the way of introduction, or explanation. Last but not least, add Iron Mountain (NYSE:IRM) to your list of tech dividend stocks to consider.
Source: InvestorPlace
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