3 Tech Stocks with Attractive Dividend Yields

Investors often seek dividend-paying stocks to secure a steady stream of income, and while traditional sectors are known for their reliable dividends, the technology sector also offers lucrative opportunities for shareholders looking for quarterly payouts. Contrary to the perception that dividend stocks are synonymous with 'boring' industries, several tech companies are now sharing their profits in the form of dividends. In this article, we will examine three such companies that stand out not only for their technological contributions but also for their appeal to income-focused investors.

NetApp, Inc. NTAP

NetApp, Inc., with its headquarters in Sunnyvale, California, has established itself as a formidable name in the realm of hybrid cloud data services and data management. Founded in 1992 and going public in 1995, NTAP has been dedicated to offering a broad spectrum of cloud data services, adept at managing both online and physical applications and data. This focus on cloud infrastructure is fundamental to the current shift towards digital transformations in companies, making NTAP a meaningful addition to an investor's portfolio, especially due to its dividend offerings.

Vertiv Holdings Co VRT

Vertiv Holdings Co, with its roots planted firmly in Columbus, Ohio, specializes in crafting, manufacturing, and servicing critical digital infrastructure technologies. These technologies are crucial for life cycle services in sectors such as data centers, communication networks, as well as commercial and industrial spaces across various geographical regions including the Americas, Asia Pacific, Europe, the Middle East, and Africa. VRT's role in supporting burgeoning digital infrastructures positions it well to capitalize on the increasing demand for data services, and its commitment to rewarding shareholders with dividends makes it an appealing pick for those seeking income-producing assets in tech.

Roper Technologies, Inc. ROP

Roper Technologies, Inc., previously known as Roper Industries, Inc., is a diversified industrial company with its headquarters in Sarasota, Florida. ROP is known for producing engineered products aimed at global niche markets. The company's portfolio is distinct yet broad, catering to a variety of sectors that require specialized products and technologies. This unique positioning allows ROP to generate stable cash flows, a part of which it distributes to shareholders in the form of dividends, making it another attractive option for investors looking to enhance their income through tech stock dividends.

Income, Technology, Dividends