Not every tech stock with growth potential has to be a mega-cap. In fact, companies usually start as lesser-known names. They weren’t the first names investors thought of back then, but now they dominate the spaces they operate in. And, at some point, there comes a time when companies start to focus on shareholder value through buybacks, or better yet, paying dividends. For income investors, that creates an interesting setup. Instead of chasing only the biggest tech names, investors can also look for companies that offer fair yields, reasonable payout ratios, and enough room to keep growing.
So let’s take a look at these dividend-paying tech stocks that might be flying under your radar.