5 Technology Stocks that Pay Dividends

2. Benchmark Electronics, Inc. (NYSE: BHE)

Number of Hedge Fund Holders: 11
Dividend Yield: 2.4%

Benchmark Electronics, Inc. (NYSE: BHE) provides product design, engineering services, tech solutions, and manufacturing services in the electronic manufacturing services industry. The company ranks 2nd on our list of technology stocks that pay dividends and operates in the US, Asia, and Europe.

This July, Anja Soderstrom, an analyst at Sidoti, upgraded shares of Benchmark Electronics, Inc. (NYSE: BHE) from Neutral to Buy. Soderstrom also raised the price target on the shares from $32 to $35 at the same time.

In the second quarter of 2021, Benchmark Electronics, Inc. (NYSE: BHE) had an EPS of $0.27, beating estimates by $0.01. The company’s revenue was $544.66 million, up 10.94% year over year and also beating estimates by $13 million. Benchmark Electronics, Inc. (NYSE: BHE) has gained 21.91% in the past year.

By the end of the first quarter of 2021, 11 hedge funds out of the 866 tracked by Insider Monkey held stakes in Benchmark Electronics, Inc. (NYSE: BHE) worth roughly $38 million. This is compared to 11 hedge funds in the previous quarter with a total stake value of approximately $28.2 million.