10 Best Tech Stocks That Pay Dividends

8. Oracle Corporation (NYSE:ORCL)

Number of Billionaire Holders: 31

Dividend Yield as of November 9: 1.68%

5-Year Average Annual Dividend Growth Rate: 10.76%

Oracle Corporation (NYSE:ORCL) has a fairly low dividend yield of 1.68%, so it isn’t really a dividend-paying stock in the traditional sense. Its dividend growth history is a different story, though. It has a 5-year average annual dividend growth rate of 10.76%, which is a very significant growth rate when you consider the current yield.

For the longer-term investor, dividend growth can be a significant component of total return. Regular increases can go a long way to improving the income from an investment over time, of course, provided the company has the financial ability to fund them.

Oracle also has 31 billionaire holders, making it one of the more widely held of the group. The key thing for income investors is whether the initial yield is good enough. At 1.68%, Oracle is going to have to do better than that in terms of its quarterly dividend if it is to be any kind of competitive yield. Investors have to look at the consistency of the dividend growth, the level of dividend coverage, and the potential for capital appreciation.

Those who want a more robust income stream might look at some of the more established tech companies with yields in excess of 2.5%. For those who are happy with a lower yield up front, Oracle’s dividend growth history may be more pertinent than its current yield. Read about the company’s moat in detail here. 

7. Apple Inc. (NASDAQ:AAPL)

Number of Billionaire Holders: 32

Dividend Yield as of November 9: 0.31%

5-Year Average Annual Dividend Growth Rate: 4.51%

Apple Inc. (NASDAQ:AAPL) cannot be taken as an income play based on the dividend it currently offers. The yield is 0.31%, so for every $10,000 invested, investors would get $31 a year. Its five-year average annual dividend growth rate of 4.51% is also quite modest compared with other companies on this list. That makes the share hard to justify for an investor whose main objective is to build a portfolio that delivers a regular stream of dividend income.

That doesn’t make Apple’s dividend irrelevant. It’s a company that pays a dividend to its shareholders regularly and has incrementally increased the amount it pays per share over time. The dividend history is one of steady increases in the per-share amount. Apple has a massive installed base of iPhones, Macs, iPads, and the like. The services space also offers huge potential, including cloud storage, subscriptions, digital content, and payments. It also has the potential to lock in customers using a range of Apple products and, therefore, make them more likely to stay in the Apple ecosystem when they upgrade.

This customer relationship is a major competitive advantage. Apple isn’t reliant solely on the sale of new hardware to maintain its presence in people’s lives. The services business is another source of recurring customer spend, and new hardware and software features can be used to keep users engaged with the product.

For dividend investors, a more sensible approach may be to view Apple as a total-return investment rather than an income stock. The focus should be on the potential for dividend growth, capital appreciation, and shareholder returns in other forms, i.e., share buybacks. For those looking at higher immediate income, the case could be made for technology companies with higher yields or for the more established dividend growth stocks with a larger initial payout. AAPL is also included in our list of 10 Best Tech Stocks for the Next 5 Years.

6. Texas Instruments Incorporated (NASDAQ:TXN)

Number of Billionaire Holders: 35

Dividend Yield as of November 9: 2.08%

5-Year Average Annual Dividend Growth Rate: 6.54%

Texas Instruments Incorporated (NASDAQ:TXN) is one of the higher-yielding names on the list of major tech companies, with a dividend yield of 2.08%. Its 5-year average annual dividend growth rate of 6.54% is also a good indicator of the company’s history of increasing its dividend.

The company declared a $1.52 per share quarterly dividend in October 2026, payable 10th November. That’s $6.08 per share on an annualized basis. The company’s manufacturing strategy is a key component of its long-term business model. Unlike a lot of the semiconductor companies that are very much dependent on external manufacturing, TI runs its own manufacturing. The investment in internal manufacturing capacity is clearly intended to give them greater control over manufacturing, supply, and cost.

Texas Instruments is a specialist in analog and embedded processing chips. These are used in everything from industrial equipment and vehicles to medical equipment, personal electronics, and communications equipment. The analog chips in particular do all sorts of vital things such as power management, signal conversion, and system control.

For investors, it’s all about the regular income stream and still having exposure to a semiconductor company with a proven track record of increasing its dividend. TI also has 35 billionaire holders. Still, a yield just above 2% may not be sufficient for investors looking for their portfolios to generate a significant return in the form of income. On the other hand, for long-term investors, its manufacturing investments, established dividend history, and exposure to industrial and automotive electronics may make dividend growth a more relevant consideration than its current yield.

Read the company’s full dividend analysis here.

5. Broadcom Inc. (NASDAQ:AVGO)

Number of Billionaire Holders: 37

Dividend Yield as of November 9: 0.82%

5-Year Average Annual Dividend Growth Rate: 12.54%

Broadcom Inc. (NASDAQ:AVGO) has been a real dividend growth story over the last five years with an average annual growth rate of 12.54%. That’s a very respectable figure for a company’s dividend growth. The current dividend yield, though, is only 0.82%, so there’s a big gap between the dividend growth history and the actual income that an investor can pick up today. A very substantial increase in the annual dividend may well take a long time to produce any real income, given that the yield is under 1% to start with. Read the company’s full dividend analysis here. 

Artificial intelligence infrastructure has been a massive opportunity for Broadcom, particularly in the area of custom accelerators and networking. The AI data center requires custom chips to do the processing and high-speed networking to connect all the processors. Broadcom is in the business of supplying the underlying technology that goes into those systems and so is well positioned to benefit from the growth in AI compute.

The semiconductor business also serves the wireless communications, broadband, storage and other connectivity markets. The infrastructure software business is another source of revenue, with products used to manage enterprise IT and critical systems.

This gives Broadcom exposure to both hardware and software spend. The semiconductor business is all about the increasing demand for computing and connectivity; the software business is about the organizations that are on top of existing technology platforms. The two businesses can provide opportunities to build up long-term relationships with customers.

Investors looking at the stock should look beyond the dividend growth rate. The real questions are: can the dividend growth be sustained in the future, what proportion of the company’s cash flow is going to shareholders, and is the stock itself a good buy in terms of capital appreciation?