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IBM, HP, and Corning: Tech Stocks that Provide Consistent Dividend Increases

IBM, HP, and Corning: Tech Stocks that Provide Consistent Dividend Increases



Technology stocks are a popular choice for investors looking for growth and stability. Three companies – IBM, HP, and Corning – stand out for their consistent dividend increases and attractive yields.

IBM, a multinational company operating in 175 countries, has paid consecutive quarterly dividends since 1916 and increased them for 29 years. With a dividend yield of 3.76%, IBM announced a quarterly dividend increase in April, bringing the annual total to $6.68. Over the past year, the company generated revenue of $62.06 billion.

HP Inc., a leader in the PC and printing markets, has increased its dividends for seven consecutive years. With a dividend yield of 3.12%, the company raised its quarterly dividend by 5% in October 2023, resulting in an annualized total of $1.1024. HP generated revenue of $52.99 billion in the past year.

Corning, known for its expertise in glass, ceramics, and optical fiber production, has maintained dividend payments for 18 years and consistently increased them for 13 years. With a 2.60% dividend yield, Corning pays a quarterly dividend of $0.28 per share, or $1.12 annually. The company generated revenue of $12.38 billion in the past year.

For those interested in private market opportunities, Benzinga offers investment options like the Integris IV Guaranteed Credit Fund, which provides a fixed annual return of 12% over a 2-year period, and the Austin City Fund, offering growth in Austin’s real estate market. These opportunities provide viable investment options for those looking to diversify their portfolio.

In conclusion, technology stocks like IBM, HP, and Corning offer consistent dividend increases and attractive yields for investors seeking stability and growth in their portfolios. Private market opportunities such as those offered by Benzinga also present interesting investment options for those looking to explore alternative investments.

Article Source
https://finance.yahoo.com/news/tech-stocks-consistent-dividend-hikes-132704935.html

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