5 Technology Stocks that Pay Dividends

3. Hamilton Beach Brands Holding Company (NYSE: HBB)

Number of Hedge Fund Holders: 8
Dividend Yield: 2.3%

Hamilton Beach Brands Holding Company (NYSE: HBB) is a marketer and distributor of electric household and specialty housewares appliances both in the US and across the globe. The company offers a range of electric appliances like coffee makers and air purifiers and ranks 3rd on our list of technology stocks that pay dividends.

This July, Baird analyst Justin Kleber assumed coverage of shares of Hamilton Beach Brands Holding Company (NYSE: HBB) with a Neutral rating. Kleber also holds a $22 price target on the stock.

In the second quarter of 2021, Hamilton Beach Brands Holding Company (NYSE: HBB) had an EPS of $0.01, missing estimates by $0.63. The company’s revenue was $154.66 million, up 5.75% year over year and beating the previous quarter’s revenue of $149.25 million. Hamilton Beach Brands Holding Company (NYSE: HBB) has gained 0.94% year to date.

By the end of the first quarter of 2021, 8 hedge funds out of the 866 tracked by Insider Monkey held stakes in Hamilton Beach Brands Holding Company (NYSE: HBB) worth roughly $10.2 million. This is compared to 6 hedge funds in the previous quarter with a total stake value of approximately $6.4 million.