The technology sector is generally characterised as full of innovation, competition and growth. It is also known to be highly volatile and cyclical since firms face high competition and constant disruption. However, those that build successful economic moats are exceptionally profitable and some pay strong dividends as a result. As a long term investor, I favour these tech stocks with great dividend payments that continues to add value to my portfolio.
Computer And Technologies Holdings Limited (SEHK:46)
46 has a juicy dividend yield of 7.38% and their payout ratio stands at 62.42% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.03 to HK$0.22. Computer And Technologies Holdings’s performance over the last 12 months beat the hk it industry, with the company reporting 7.92% EPS growth compared to its industry’s figure of 4.82%. Continue research on Computer And Technologies Holdings here.
Computime Group Limited (SEHK:320)
320 has a sumptuous dividend yield of 6.00% and the company has a payout ratio of 45.46% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.06 to HK$0.075. The company recorded earnings growth of 28.60% in the past year, comparing favorably with the hk electronic industry average of 9.38%. Interested in Computime Group? Find out more here.
PC Partner Group Limited (SEHK:1263)
1263 has an alluring dividend yield of 6.15% and distributes 42.11% of its earnings to shareholders as dividends . 1263’s dividend alone will put you better off than your bank interest, but the company’s yield isn’t only higher than the low risk savings rate. It’s also amongst the market’s top dividend payers. More on PC Partner Group here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.