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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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CA Technologies

CA technologies 185 4 Tech Stocks With Juicy DividendsCA Technologies (CA)
Yield: 3.4%

OK, the company is far from sexy. It builds incredibly complex software to help companies with security, management of mainframe systems, and testing. These things are boring, but they’re also mission-critical.

For the most part, the company has been living off of renewals as growth revenues remain stagnant. But CA wants to change that. The company is in an ideal position to benefit from the growth in cloud computing because customers are looking for trusted and reliable technology providers. In fact, CA is already getting some traction, snagging 460 new customers last year for its enterprise solutions business.

It will still probably take some time for these efforts to move the needle. But for dividend investors, the main thing is that CA continues to generate nice cash flows — $1.4 billion in 2013 — to support an attractive payout.

Tom Taulli runs the InvestorPlace blog IPO Playbook. He is also the author of High-Profit IPO StrategiesAll About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/4-techs-with-juicy-dividends/.

©2014 InvestorPlace Media, LLC

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