Growth-oriented investors often avoid tech stocks that pay dividends, since companies usually only start paying dividends as their growth decelerates and they run out of ways to reinvest their excess cash.
Meanwhile, income-oriented investors frequently turn to more defensive sectors, such as consumer staples or large-cap pharmaceuticals, for higher yields than mature tech stocks. The yearlong rally in tech stocks throughout the pandemic has also significantly reduced the yields of many tech stocks while inflating their valuations.
However, investors might be overlooking several mature tech stocks that pay high dividend yields above 3% but still trade at low P/E ratios . Here are three of those stocks: Cisco Systems (NASDAQ: CSCO) , Juniper Networks (NYSE: JNPR) , and Hewlett Packard Enterprise (NYSE: HPE) .
For further details see:
3 High-Yield Tech Stocks to Buy in March