Apple Inc. (AAPL), International Business Machines Corp. (IBM), QUALCOMM, Inc. (QCOM): Three Tech Leaders With Growing Dividends and Stock Buybacks

Since 200, International Business Machines Corp. (NYSE:IBM) has returned over $150 billion to shareholders in the form of dividends and share repurchases, considering that the current market cap is around $223 billion, this bodes well in terms of total returns for investors.

Mobile growth for these dividends

While device manufacturers like Apple and Samsung fight each other for dominance in smartphones and tablets, QUALCOMM, Inc. (NASDAQ:QCOM) doesn´t need to worry too much about that competition since it´s a well entrenched supplier for both companies. This provider of chips and technologies for mobile devices has many years of exciting growth ahead of it as the mobile revolution expands into emerging markets.

The company has a rock solid track record of recurrent dividend increases, and it gave a big boost to its capital distribution program back in March when it a announced a 40% increase in dividend payments. This brought the annual dividend payout to $1.40 per share which means a dividend yield around 2.3% at current prices. Keeping in mind that the payout ratio is only 27.5% of earnings, there is plenty of room for dividend growth.

QUALCOMM, Inc. (NASDAQ:QCOM) also launched a new repurchase program, the company can repurchase up to $5 billion in stock under the new program, this replaces the prior one that was for $4 billion and had $2.5 billion of repurchasing authorization remaining. Since 2003 the company has distributed $19.9 billion to shareholders via a combination of dividends and buybacks, and there is no end in sight for the growing capital distributions at QUALCOMM, Inc. (NASDAQ:QCOM).

Bottom line

The tech industry is not the realm of small and risky capital consuming companies anymore. As the sector matures, and individual names become well established players with financial strength, tech leaders will increasingly reward shareholders with growing dividends and stock buybacks.

The article 3 Tech Leaders With Growing Dividends and Stock Buybacks originally appeared on Fool.com and is written by Andrés Cardenal.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!