Microchip Technology Inc. (MCHP), Maxim Integrated Products Inc. (MXIM): Consider These Under the Radar Tech Stocks

Molex Incorporated (NASDAQ:MOLX) has done a good job of increasing its shareholder payout in recent years. The company’s dividend is more than double what it was five years ago.

The bottom line

Investors who prefer to receive solid income from their investments need to broaden their horizons in order to produce meaningful yield. Bonds aren’t paying much, and as a result, equities may be the place to be. In that vein, while it may surprise some investors, technology stocks are actually among the market’s best dividend payers.

While you could consider the blue-chip technology juggernauts you’ve undoubtedly read about, there are a few hidden dividend payers within the technology sector that may be worth further consideration. These stocks provide solid dividend yields that compare favorably to what the broader market offers investors in terms of yield. Moreover, each of these stocks carries a market capitalization less than $10 billion, meaning they may have further room to run than their gigantic technology peers. As a result, these tech stocks just might give your portfolio the unbeatable combination of compelling capital gains in addition to dividend income.

The article Consider These Under the Radar Tech Stocks originally appeared on Fool.com is written by Robert Ciura.

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