5 Tech Stocks that Pay Dividends

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In this article, we will be taking a look at 5 tech stocks that pay dividends. To read our detailed analysis of dividend investing, you can go directly to see the 10 Tech Stocks that Pay Dividends.

5. Intel Corporation (NASDAQ: INTC)

Number of Hedge Fund Holders: 78
Dividend Yield: 2.58%

Intel Corporation (NASDAQ: INTC), a US-based semiconductor company, is next on our list of tech stocks that pay dividends, and ranks 5th. The company is based in California.

This July, BMO Capital placed a $7o price target on shares of Intel Corporation (NASDAQ: INTC), while reiterating an Outperform rating on the stock.

In the second quarter of 2021, Intel Corporation (NASDAQ: INTC) had an EPS of $1.24, beating estimates by $0.19. The company’s revenue was $18.53 billion, beating estimates by $735.06 million. Intel Corporation (NASDAQ: INTC) has gained 8.69% in the past 6 months and 5.96% year to date.

By the end of the second quarter of 2021, 78 hedge funds out of the 873 tracked by Insider Monkey held stakes in Intel Corporation (NASDAQ: INTC) worth roughly $6.8 billion. This is compared to 83 hedge funds in the previous quarter with a total stake value of approximately $7.6 billion.


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