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5 Best Tech Stocks for Dividends, No FANGs Required

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Time was, technology stocks rarely paid dividends. Today, the tech sector is the second-biggest provider of dividend payments in Standard & Poor’s 500-stock index, behind only financial firms.

Investing in dividend-paying stocks has its advantages, especially during market downturns. They tend to hold up better than the broad market when the S&P 500 loses ground, according to FactSet Research Systems, a financial data firm. Tech dividend payers tend to be well-established companies with solid balance sheets and a record of boosting payouts regularly since initiating them. And many are reinventing themselves in recognition of rapid changes in technology.

All five of the tech stocks described below yield at least 2.8%, well above the S&P 500’s 2.1% yield.

Prices and related figures are as of October 22. Price-earnings ratios are based on estimated earnings for the next 12 months.

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