Looking For Yield? Top Tech Stocks With Dividends
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For investors looking for a combination of growth and dependable income, tech stocks with a history of consistent dividend payouts are particularly appealing. In this article, we highlight three companies—Texas Instruments, Avnet, and Cognizant—that perfectly illustrate these qualities.
Texas Instruments
Texas Instruments Incorporated (NASDAQ:TXN) is a global leader in the semiconductor industry, designing, manufacturing, testing, and selling analog and embedded processing chips for various markets, including industrial, automotive, personal electronics, communications equipment, and enterprise systems.
The company has raised its dividend for 20 consecutive years and currently pays a quarterly dividend of $1.30 per share, or $5.20 annually, yielding 2.66%.
Over the past twelve months, Texas Instruments generated $16.8 billion in revenue and $5.9 billion in net income.
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Avnet
Avnet, Inc. (NASDAQ:AVT) distributes electronic components and operates through two segments: Electronic Components and Farnell. The Electronic Components segment deals with semiconductors and electromechanical components, while Farnell provides kits, tools, and industrial automation components to engineers and entrepreneurs.
Avnet has maintained dividend payments for 12 consecutive years and increased them for 11 years. The company pays a quarterly dividend of $0.31 per share, or $1.24 annually, yielding 2.37%.
Over the past twelve months, Avnet generated $24.7 billion in revenue and $571.3 million in net income.
Cognizant
Cognizant (NASDAQ:CTSH) is a leading global provider of consulting, technology, and outsourcing services, operating through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology.
Cognizant has raised its dividend for 4 consecutive years and pays a quarterly dividend of $0.30 per share, or $1.20 annually, yielding 1.76%.
Over the past twelve months, Cognizant generated $19.3 billion in revenue and $2.09 billion in net income.
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Don’t miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga’s favorite high-yield offerings.
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This article Looking For Yield? Top Tech Stocks With Dividends originally appeared on Benzinga.com