2022 Technology Sector Stocks List | Updated Daily

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2022 Technology Sector Stocks List | Updated Daily


Updated on November 17th, 2021 by Bob Ciura

Spreadsheet data updated daily

The technology industry is one of the most exciting areas of the stock market, known for its rapid growth and propensity to create rapid and life-changing wealth for early investors.

Until recently, the technology sector was not known for being a source of high-quality dividend investment ideas. This is no longer the case.

Today, some of the most appealing dividend stocks come from the tech sector.

With that in mind, we’ve compiled a list of all ~330 technology stocks complete with important investing metrics, which you can access below:

 

Keep reading this article to learn more about the benefits of investing in dividend-paying technology stocks.

In addition to providing a full spreadsheet of tech stocks and how to use the spreadsheet, we give our top 10-ranked tech stocks today in terms of 5-year expected annual returns.

Table Of Contents

The following table of contents allows you to instantly jump to any section:

How To Use The Technology Stocks List To Find Dividend Investment Ideas

Having an Excel document containing the names, tickers, and financial metrics for all dividend-paying technology stocks can be extremely powerful.

The document becomes significantly more powerful if the user has a working knowledge of Microsoft Excel.

With that in mind, this section will show you how to implement two actionable investing screens to the technology stocks list. The first screen that we’ll implement is for stocks with dividend yields above 3%.

Screen 1: High Dividend Yield Technology Stocks

Step 1: Download the technology stocks list at the link above.

Step 2: Click on the filter icon at the top of the dividend yield column, as shown below.

Dividend-Paying Technology Stocks Excel Tutorial 1

Step 3: Change the filter setting to “Greater Than” and input 0.03 into the field beside it, as shown below.

Dividend-Paying Technology Stocks Excel Tutorial 2

The remaining stocks in this spreadsheet are dividend-paying technology stocks with dividend yields above 3%, which provide a basket of securities that should appeal to retirees and other income-oriented investors.

The next section will show you how to simultaneously screen for stocks with price-to-earnings ratios below 20 and market capitalizations above $10 billion.

Screen 2: Low Price-to-Earnings Ratios, Large Market Capitalizations

Step 1: Download the technology stocks list at the link above.

Step 2: Click on the filter icon at the top of the price-to-earnings ratio column, as shown below.

Dividend-Paying Technology Stocks Excel Tutorial 3

Step 3: Change the filter setting to “Less Than” and input 20 into the field beside it, as shown below.

Dividend-Paying Technology Stocks Excel Tutorial 4

Step 4: Exit out of the filter window (by clicking the exit button, not by clicking the Clear Filter button). Then, click on the filter icon at the top of the market capitalization button, as shown below.

Dividend-Paying Technology Stocks Excel Tutorial 5

Step 5: Change the filter setting to “Greater Than” and input 10000 into the field beside it, as shown below. Note that since market capitalization is measured in millions of dollars in this spreadsheet, inputting “$10,000 million” is equivalent to screening for stocks with market capitalizations above $10 billion.

Dividend-Paying Technology Stocks Excel Tutorial 6

The remaining stocks in the Excel spreadsheet are dividend-paying technology stocks with price-to-earnings ratios below 20 and market capitalizations above $10 billion. The size and reasonable valuation of these businesses make this a useful screen for value-conscious, risk-averse investors.

You now have an understanding of how to use the technology stocks list to find investments with certain financial characteristics. The remainder of this article will discuss the relative merits of investing in the technology sector.

Why Invest In The Technology Sector?

The technology industry is known for having some of the best-performing stocks over short periods of time. Indeed, it’s hard to overstate how much wealth was created for the early investors in companies like Microsoft (MSFT) or Apple (AAPL).

In addition, the technology sector is highly diversified.  It includes everything from social media companies to semiconductor stocks.  The technology sector itself is not a monolith; there are many types of businesses within the sector.

Unfortunately, the technology industry is also known for causing one of the most dramatic stock market bubbles on record. The 2000-2001 dot-com bubble destroyed billions of dollars of market value because technology stocks were trading at such irrationally high valuations.

S&P 500 Price Return for Technology Stocks Landing Page

Source: YCharts

This notable bear market might lead some investors to avoid the technology sector entirely.

Fortunately, today’s technology sector is tremendously different from its predecessor in the early 2000s. While technology stocks were previously valued based on page views or other vanity metrics, this school of thought has changed significantly.

Today’s technology stocks are valued based on the same yardsticks as other businesses: earnings, free cash flow, and, to a lesser extent, assets.

Moreover, careful security analysis allows investors to find undervalued technology stocks and profits, just as with any other industry.

Investors might also avoid tech stocks because of a perceived inability to understand how they make money. While some investors ignore technology stocks because of their harder-to-understand business models, it’s important to note that not all technology stocks have business operations that are shrouded in complexity.

As an example, Apple has a very simple business model. The company manufactures and sells iPhones, Apple computers, and wearable devices.

Moreover, one could argue that Apple’s greatest strength is not its technology, but its brand – similar to many non-technology companies like the Coca-Cola Company (KO), Procter & Gamble (PG), and Colgate-Palmolive (CL).

Importantly, there are opportunities similar to Apple throughout the sector – not all technology stocks have competitive advantages that are based on microchip capacity or cloud computing speed.

The last reason why technology stocks can play an important role in your investment portfolio is that they have the potential to be very strong dividend stocks.

Historically, the technology sector was devoid of any appealing dividend investments because technology firms reinvested all money to drive rapid organic growth.

This is no longer the case, at least not in general. Many technology firms now pay steadily rising dividends year in and year out.

The profits of these large, stable technology companies are only growing. And, many technology firms have fairly low payout ratios.

These factors lead us to believe that the technology sector will continue to provide strong dividend growth investment opportunities for the foreseeable future.

The Top 10 Tech Stocks Today

With all that said, the following 10 stocks represent our highest-ranked tech stocks in the Sure Analysis Research Database, in terms of 5-year expected annual returns.

Rankings are listed in order of expected total annual returns, in order from lowest to highest.

Tech Dividend Stock #10: Broadridge Financial Solutions (BR)

Broadridge Financial Solutions, Inc. provides investor communications services and technologyrelated solutions to the financial services industry.

The company processes millions of trades a day involving trillions of dollars, provides investor communications which reach 75% of North American households, and also manage shareholder voting in 120 countries.

The company has generated impressive growth in recent years.

Source: Investor Presentation

Broadridge has also expanded into blockchain solutions and has secured a blockchain patent for proxy processing and repurchase agreements.

The company serves clients across the globe, but the majority of customers are in the U.S., Canada, and the U.K.

Click here to download our most recent Sure Analysis report on Broadridge Financial Solutions (preview of page 1 of 3 shown below):

Tech Stock #9: HP Inc. (HPQ)

HewlettPackard’s story goes back to 1935 with two men in a onecar garage making a huge impact on electronic test equipment, computing, data storage, networking, software and services that has lasted for more than eight decades.

You can see a breakdown of the company’s most recent quarterly earnings below:

Source: Investor Presentation

Today HP Inc. has centered its business activities around two main segments: its product portfolio of printers, and its range of socalled personal systems, which includes computers and mobile devices.

Click here to download our most recent Sure Analysis report on HPQ (preview of page 1 of 3 shown below):

Tech Dividend Stock #8: Jabil Inc. (JBL)

Jabil is a manufacturing solutions and services provider. The company offers comprehensive services including manufacturing circuit board assemblies and systems.

Services include circuit and production design, component selection and automated assembly, and obtaining components from a broad group of suppliers.

Source: Investor Presentation

Jabil reports in two segments, Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS).

EMS focuses on leveraging IT, supply chain design and engineering, centered around electronics. DMS provides engineering solutions around material sciences, technologies, and healthcare.

In 2021, JBL generated $29.3 billion in net revenue.

Click here to download our most recent Sure Analysis report on Jabil (preview of page 1 of 3 shown below):

Tech Dividend Stock #7: Lam Research Corp. (LRCX)

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used to fabricate integrated circuits worldwide. Lam is a major supplier of wafer fabrication equipment and services to the semiconductor industry.

Its products address various applications, including thin film deposition, singlewafer cleaning, and plasma tech. The company produced roughly $10 billion in revenue in 2020.

Click here to download our most recent Sure Analysis report on Lam Research (preview of page 1 of 3 shown below):

Tech Dividend Stock #6: Hewlett Packard Enterprise Company (HPE)

The Hewlett Packard Enterprise Company is a multinational enterprise information technology company.

It is a businessfocused organization with two divisions: Enterprise Group, which works in servers, storage, networking, consulting and support, and Financial Services.

Click here to download our most recent Sure Analysis report on HPE (preview of page 1 of 3 shown below):

Tech Dividend Stock #5: Intel Corporation (INTC)

Intel is the largest manufacturer of microprocessors for personal computers, shipping about 85% of the world’s microprocessors.

Intel also manufactures products like servers and storage devices that are used in cloud computing.

Intel employs more than 100,000 people worldwide and has a current market capitalization above $200 billion. The company generates about $73 billion in annual sales.

Click here to download our most recent Sure Analysis report on Intel (preview of page 1 of 3 shown below):

Tech Dividend Stock #4: SAP SE (SAP)

SAP SE develops, sells, and maintains a variety of enterprise software products that are used by corporations, governments, and educational agencies.

The company employs more than 103,000 people and has more than 400,000 customers in 180 countries. SAP is headquartered in Germany.

Click here to download our most recent Sure Analysis report on SAP (preview of page 1 of 3 shown below):

Tech Stock #3: Microchip Technologies (MCHP)

Microchip Technology develops, manufactures, and sells smart, connected and secure embedded control solutions used for a wide variety of applications.

These include disruptive growth trends such as 5G, artificial intelligence, Internet of Things (IoT), and autonomous driving, amongst others, in key end markets such as automotive, aerospace and defense, communications.

The company’s strategic focus is that these solutions are costeffective, offer high performance, with a wide voltage range operation, at extremely low power usage.

Microchip Technology generates around $6 billion in annual revenues.

Click here to download our most recent Sure Analysis report on Microchip Technologies (preview of page 1 of 3 shown below):

Tech Dividend Stock #2: Skyworks Solutions (SWKS)

Skyworks Solutions is a semiconductor company that designs, develops, and markets proprietary semiconductor products used worldwide.

Its products include antenna tuners, amplifiers, converters, modulators, receivers, and switches. Skyworks’ products are used in diverse industries, including automotive, connected home, industrial, medical, smartphones, and defense.

Click here to download our most recent Sure Analysis report on Skyworks Solutions (preview of page 1 of 3 shown below):

Tech Stock #1: Micro Focus International plc (MFGP)

Micro Focus International PLC is an enterprise software corporation that primarily services corporate customers within the Forbes Global 2000. The company’s products include IT infrastructure and enterprise applications.

Micro Focus International’s operating segments include Security, IT Operations Management, Application Delivery Management, Information Management & Governance, and Application Modernization & Connectivity.

Click here to download our most recent Sure Analysis report on Micro Focus (preview of page 1 of 3 shown below):

Final Thoughts

The technology sector has become an intriguing place to look for high-quality dividend investment opportunities.

With that said, it is not the only place to look for investment ideas.

If you’re willing to venture outside of the technology sector, the following databases contain some of the most high-quality dividend stocks around:

If you’re looking for other sector-specific dividend stocks, the following Sure Dividend databases will be useful:

Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.


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