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Technology companies are still facing the brunt of the economic slowdown in 2013, and are focusing more on maintaining cash balances for more unforeseeable conditions. The U.S. economy has been a major concern for the IT sector, in addition to troubles in Europe. While Asia's economy has shown some strong recovery signs, it is still largely dependent upon Europe's economy. In such an uncertain scenario worldwide, below are three tech stocks with greater than 10% past 5 years EPS and dividend yield over 4% that will pay investors while they wait for the sector to recover.

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*as on April 16.

Source: Yahoo! Finance

Intel (NASDAQ:INTC) is one of the world's most dominant semiconductor manufacturers by revenue, and one of the strongest players in all of the essential technologies in the computing market. For the first quarter of 2013, earnings from Intel missed analysts' estimates by a penny, but meet the revenue target. The earnings came in at 2.0 billion, or 40 cents a share, compared with $2.7 billion, or 55 cents a share, in the same quarter last year. Revenue for the quarter was down 2.5% to $12.5 billion from $12.9 billion a year ago.

In 2012, Intel paid a total of $4.4 billion in dividends and generated cash from operations at $18.9 billion in cash. Furthermore, the company used $4.8 billion to repurchase 191 million shares of stock. Intel pays a dividend of $0.90 and maintains dividend yield of 4.1%, even after a 2.5% increase in the stock price after the earnings release today. The average annual earnings per share for the past five years are 12.63%.

For the second quarter, the company expects revenues of $12.9 billion plus or minus $500 million, R&D spending to be around $4.7 billion.

Additionally, Intel is partnering with Facebook (NASDAQ:FB) to define the next generation of rack technologies, which is utilized in powering data centers and there are rumors that Intel is trying to acquire Nvidia Corp. (NASDAQ:NVDA), which would be a significant step for Intel in increasing exposure to graphic cards.

Intel has also launched its new Haswell chip and has started selling it to PC manufacturers. Haswell, according to CEO Paul Otellini, will be the most powerful and efficient main stream processor, suggesting the company's confidence in its own future.

IDT Corporation (NYSE:IDT) is a telecommunication company, which is in the business of prepaid and rechargeable phones, calling products, international long distance traffic termination and also some payment products, which is a recent addition to its portfolio of offerings.

The company managed to earn higher-than-expected revenue and earnings per share for the latest quarter. There was an increase in the gross margins and operating margins, while net margins remained steady. The company posted revenue of $411.7 million. The sales based on the GAAP basis were higher than the corresponding quarter of the previous year's $365.4 million. The earnings per share of the company were $0.41, and the gross margin came in at 16.3%, which is an increase of 10 basis points year-over-year. Operating margin was recorded at 1.3%, an increment of 70 basis points over the previous year's quarter. For the next quarter, revenue is expected at $401.6 million and earnings per share are estimated to be at $0.30.

IDT pays a dividend of 0.60 per share and has a dividend yield of 4.20%. The average annual EPS of the company for the past five years is 19.94%. The company's share price declined about $10 over the past year and a half, but there have also been some significant positive changes in the business. Fabrix, IDT's video storage and streaming business, recorded more than double its revenue. The core telecommunication business of the company has contributed most to overall revenues. The company has declared a special dividend and is planning to maintain $50 million in cash, which will help it to earn stakeholders' confidence. Presently, the company has $160 million in cash.

As an organization, IDT has been very entrepreneurial. The company has come up with new business lines such as Boss revolution and IMTU. Along with these new segments, the company keeps on investing in new areas like gift cards and mobile money remittance.

Consolidated Communications Holdings Inc (NASDAQ:CNSL) is a dominant player in the area of communication. The company has its operations in six states: California, Illinois, Kansas, Missouri, Pennsylvania and Texas, with it's headquarter in Mattoon, IL.

The company pays a dividend of 1.55 with a dividend yield at 8.60%. The average annual EPS for five years is -18.83%, and in the last quarter of 2012, the company's revenues came in at $160.1 million. CNSL's earnings per share were recorded at $0.20 per share, while its gross margin dropped to 61.4% - a decline of 80 basis points from the previous year's quarter. Operating margin for the company came in at a 14.4%, decline of 240 basis points from the corresponding quarter of last year. Finally, CNSL declared its regular dividend of $0.38738 per share on the company's common stock.

The company acquired Sure West Communications on July 2, 2012, which is a major move in positioning CNSL in a strong area for future revenue growth and diversification. With an investment in five partnerships with Verizon Wireless as well, the company will likely be able to increase its future cash flows.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in INTC, IDT, CNSL over the next 72 hours.

Business relationship disclosure: Black Coral Research is a team of writers who provide unique perspective to help inspire investors. This article was written Aman Jain, one of our Senior Analysts. We did not receive compensation for this article (other than from Seeking Alpha), and we have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Black Coral Research is not a registered investment advisor or broker/dealer. Readers are advised that the material contained herein should be used solely for informational purposes. Investing involves risk, including the loss of principal. Readers are solely responsible for their own investment decisions.

Source: 3 Tech Stocks With Over 4% Dividend Yield Pay You To Wait For Sector To Recover