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4 Tech Stocks With Juicy Dividends

The space has been rocky lately but it looks like a good place to find nice yields.

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Lexmark International

lexmark international 185Lexmark International (LXK)
Yield: 3.3%

The company is in the midst of a major transformation. About a year ago, it announced that it was unloading its inkjet printing business, ultimately leading to a 13% reduction in the workforce.

To replace the revenues, the company has made a spate of acquisitions in areas like document management software and imaging, which attractive margins and bright growth opportunities. Lexmark will also benefit from its long-time focus on business customers. Revenues have remained a bit sluggish, though, falling by 3.5% to $886.7 million in Q2.

Still, there are encouraging signs that Lexmark’s software business is picking up momentum: Despite its challenges, the company continues to remain highly profitable. Net income came to $88.9 million in the latest quarter, up from $39.2 million in the same period a year ago.

And perhaps best of all for investors, Lexmark says it is committed to returning at least 50% of its cash free flows to shareholders.

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