These high dividend tech stocks have an average yield over 3% and most recently grew their dividend payouts by an average of 13%. Each has a P/E ratio below 15.
Many large technology companies generate gobs of cash that can either be reinvested for growth or returned to shareholders in the form of debt reductions, share repurchases, or high dividend payments.
The four technology companies identified here dominate their markets, trade at an average high dividend yield over 3%, and have stepped up their dividend growth rates to reward income investors.
Many of these companies are attractive options for this Top 20 Dividend Stocks portfolio, which focuses on buying high quality companies trading at reasonable prices.
Importantly, each of these tech titans offers more than just an attractive dividend yield =- they all trade at a price-to-earnings multiple (P/E) that is meaningfully less than the broader market's P/E ratio.
Let’s look closer those four…