3 Tech Stocks With A History Of Reliable Dividends

For those seeking a blend of growth and reliable income, tech stocks with long-standing dividend histories are particularly appealing. Here, we highlight three such companies — International Business Machines, Hewlett Packard Enterprise, and Cisco Systems — known for their consistent dividend payouts and solid financial health.

International Business Machines 

International Business Machines Corporation IBM offers comprehensive solutions and services worldwide, segmented into Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud and AI platforms to aid clients in their digital transformations. Consulting focuses on integrating strategies and operations technology. The Infrastructure segment offers both cloud-based and on-premises server and storage solutions, while the Financing segment helps clients acquire IBM products and services. 

IBM has increased its dividend for 28 straight years, with the latest raise in April bringing the quarterly payout to $1.67 per share, or $6.68 annually, yielding 3.95%. 

Over the past year, IBM reported $62 billion in revenue and $8.18 billion in net income.

Hewlett Packard Enterprise 

Hewlett Packard Enterprise Company HPE delivers data-centric solutions globally, helping clients manage and utilize data effectively. Operating in segments such as Compute, HPC & AI, Storage, Intelligent Edge, and Financial Services, HPE supports a range of IT needs from cloud services to data analytics. 

HPE has maintained dividend payments for a decade. The company pays a regular dividend of $0.13 per share, or $0.52 annually, with a yield of 2.49%. 

The stock has climbed 24% year-to-date, driven by steady EPS beats. Over the last twelve months, HPE generated $28.3 billion in revenue and $1.8 billion in net income.

Cisco Systems

Cisco Systems, Inc. CSCO is a leading provider of networking and IT solutions worldwide, offering products in switching, enterprise routing, wireless access, and computing systems. 

Cisco has been consistent in its dividend payments for 14 years and has increased them for 13 consecutive years. In February, Cisco raised its quarterly dividend by 2.6% to $0.40 per share, or $1.60 annually, yielding 3.51%. 

Over the past year, Cisco reported $55.3 billion in revenue and $12.1 billion in net income.

Looking For Higher-Yield Opportunities?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider. 

For example, the Jeff Bezos-backed investment platform just launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings. 

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