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3 Tech Stocks Paying Better Dividends Than Apple

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Technology stocks, once the domain of high-flying growth investors, are becoming an increasingly generous source of dividends for income investors. The information technology sector led the market by total dividends paid both for the third quarter of 2016 and for the 12 months that ended September 30, according to a FactSet analysis of the 419 dividend payers in Standard & Poor’s 500-stock index. Apple (symbol AAPL) was tops in the IT sector, paying $12.2 billion in dividends over the 12-month stretch.

But just because Apple handed out the most money to its shareholders doesn’t mean it’s the best source of income in the sector. In fact, Apple's stock currently yields just 1.8%, even less than the S&P 500’s 2.1%. So we set out to find mature tech stocks with solid business outlooks that offer superior yields to Apple. Our search turned up three blue-chip names. How blue? Like Apple, all three of our picks are components of the Dow Jones Industrial Average. Take a look.

(Prices and yields are as of February 1; yields are based on the last four quarterly dividend payments.)

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