5 Technology Stocks that Pay Dividends

4. The Hackett Group, Inc. (NASDAQ: HCKT)

Number of Hedge Fund Holders: 14
Dividend Yield: 2.2%

The Hackett Group, Inc. (NASDAQ: HCKT), a strategic advisory and technology consulting firm, ranks 4th on our list of technology stocks that pay dividends. The company operates mainly in North America and internationally, and offers a best-practice intelligence center, a repository of best practices, performance metrics, and research, among other things available online.

Barrington’s Vincent Colicchio this May raised his price target on The Hackett Group, Inc. (NASDAQ: HCKT) shares from $18 to $21. The analyst also holds an Outperform rating on the stock.

In the second quarter of 2021, The Hackett Group, Inc. (NASDAQ: HCKT) had an EPS of $0.39, beating estimates by $0.10. The company’s revenue was $73.20 million, up 38.76% year over year and also beating estimates by $7.95 million. The Hackett Group, Inc. (NASDAQ: HCKT) has gained 21.4% in the past 6 months and 28.83% year to date.

By the end of the first quarter of 2021, 14 hedge funds out of the 866 tracked by Insider Monkey held stakes in The Hackett Group, Inc. (NASDAQ: HCKT) worth roughly $117 million. This is compared to 14 hedge funds in the previous quarter with a total stake value of approximately $110 million.