5 Technology Stocks that Pay Dividends

In this article, we will be looking at 5 technology stocks that pay dividends. To see our detailed analysis of the technology sector and these stocks, you can go directly to the 10 Technology Stocks that Pay Dividends.

5. CSG Systems International, Inc. (NASDAQ: CSGS)

Number of Hedge Fund Holders: 23
Dividend Yield: 2.1%

CSG Systems International, Inc. (NASDAQ: CSGS) is an information technology company offering revenue management, customer experience, and payment solutions to the communications industry. It operates mainly in the US, Europe, the Middle East, Africa, and the Asia Pacific, and ranks 5th on our list of technology stocks that pay dividends.

As of this March, Sidoti analyst, Gregory Burns holds a Neutral rating on shares of CSG Systems International, Inc. (NASDAQ: CSGS). The analyst also has a $49 price target on the stock.

In the second quarter of 2021, CSG Systems International, Inc. (NASDAQ: CSGS) had an EPS of $0.82, beating estimates by $0.03. The company’s revenue was $238.48 million, up 6.17% year over year and also beating estimates by $2.28 million. CSG Systems International, Inc. (NASDAQ: CSGS) has gained 3.23% year to date and 4.72% in the past year.

By the end of the first quarter of 2021, 23 hedge funds out of the 866 tracked by Insider Monkey held stakes in CSG Systems International, Inc. (NASDAQ: CSGS) worth roughly $141 million. This is compared to 22 hedge funds in the previous quarter with a total stake value of approximately $161 million.