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4 Tech Stocks With Dividend Power

Increasingly sweet payouts put these companies in the spotlight

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Intel INTCDividend Yield: 3.9%

Last but not least, we had to go with one of the oldest names in the dividend tech stocks book: Intel (INTC). The chip-maker has increased its dividend tenfold during the past decade, with the current 23-cent quarterly payout yielding just under 4%.

Intel stock hasn’t been stellar — basically moving sideways since mid-2010 — but it’s still a good bet if you’re searching for steady income. Intel’s compound annual dividend growth during the past half-decade was 14% — the seventh-highest out of all S&P 500 stocks.

While Intel didn’t increase its dividend in the most recent quarter — making it likely that 2013 will be the second year since 2008 that INTC’s payout stayed put — Intel still has plenty of room to work with. INTC’s current dividend takes up less than half its projected full-year earnings.

Plus, the supposedly sluggish chip-maker is expected to post 11% annual earnings growth during the next five years. If that comes to pass, you can bet more of those profits will find their way into shareholders’ pockets.

As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities.

Article printed from InvestorPlace Media,

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