We are very concerned about the Fed's recent announcement to keep policy rates extremely low for three more years. Ben Bernanke is trying to inflate the economy by punishing conservative investors who generally invest in low-risk fixed income securities. We believe long-term Treasuries are in bubble territory because of Fed's actions. We think it's not prudent to invest in long-term Treasuries anymore. We recommend that investors consider high dividend stocks that might also offer some upside through capital gains. Below we compiled a list of top 12 high dividend US technology stocks. All companies have a market cap of over $2 billion and a dividend yield of at least 3%. The market data is sourced from Finviz.
Ticker | Company | Dividend Yield | YTD Return |
CSC | Computer Sciences Corporation | 3.04% | 11.05% |
CTL | CenturyLink, Inc. | 7.73% | 0.89% |
FTR | Frontier Communications Corporation | 15.79% | -7.77% |
Intel Corporation | 3.12% | 10.93% | |
Iron Mountain Inc. | 3.15% | 3.15% | |
Microchip Technology Inc. | 3.78% | 0.44% | |
MOLX | Molex Inc. | 3.02% | 11.15% |
MXIM | Maxim Integrated Products Inc. | 3.19% | 5.84% |
AT&T, Inc. | 5.83% | 1.38% | |
Thomson Reuters Corporation | 4.30% | 8.02% | |
Verizon Communications Inc. | 5.31% | -4.82% | |
Windstream Corporation | 8.18% | 4.09% |
Frontier Communications Corporation has the highest dividend yield among the technology stocks listed above. It has a dividend yield of 15.79% and it was down 7.77% so far this year. Frontier mainly provides communication services to rural areas and small and medium-sized towns and cities. FTR has a market cap of $4.7B and a P/E ratio of 31.67.
One mega-cap high dividend technology stock is AT&T Inc. The $179 billion market cap stock has a dividend yield of 5.83%. The company has been increasing its dividend payouts for 92 consecutive years. It recently announced that it would increase its quarterly dividend from $0.43 per share to $0.44 per share, which will be
