Tech Stocks to Watch: Cisco Systems, International Business Machines, and Paychex

Cisco Systems, International Business Machines, and Paychex are three tech stocks that offer a dividend yield while still outperforming the market. Cisco generates over $1 billion in AI-related revenue and has plans to double it in 2025. IBM is a stalwart in the tech industry with a 110-year history, known for its work in cybersecurity, cloud computing, consulting, and mainframe computers. Both companies offer a dividend yield, with Cisco at 2.3% and IBM at 4.1%.

Cisco Systems, International Business Machines (IBM), and Paychex are three prominent tech stocks that offer attractive dividend yields while continuing to outperform the market. Each company boasts a robust history and a strong focus on innovation, making them appealing to investors seeking a balance between income and growth.

Cisco Systems (NASDAQ: CSCO) is a leader in networking and cybersecurity solutions. The company generates over $1 billion in AI-related revenue annually and aims to double this figure by 2025. Cisco offers a dividend yield of 2.3%, providing investors with a steady income stream while the company continues to innovate and expand its market share [1].

International Business Machines (IBM) (NYSE: IBM) is a tech giant with over 110 years of history. Known for its work in cybersecurity, cloud computing, consulting, and mainframe computers, IBM maintains a strong presence in various industries. The company offers a dividend yield of 4.1%, making it an attractive option for income-focused investors [2].

Paychex, Inc. (NASDAQ: PAYX) is a leading provider of payroll, benefits, and human resources services. The company offers a dividend yield of 2.0%, providing investors with a steady income stream. Paychex has consistently grown its earnings and revenue, making it a reliable choice for dividend investors [3].

These companies provide a mix of growth and income, making them suitable for investors seeking a balanced portfolio. However, it is essential to conduct thorough research and consider individual investment objectives, risk tolerance, and financial goals before making any investment decisions.

References:
[1] https://www.investing.com/news/assorted/red-river-bancshares-raises-quarterly-dividend-25-to-015-1-yield-432SI-4151962
[2] https://www.nasdaq.com/articles/selective-insurance-group-sigi-passes-through-2-yield-mark
[3] https://www.theglobeandmail.com/investing/markets/stocks/IBM/pressreleases/33635513/international-business-machines-ibm-receives-a-rating-update-from-a-top-analyst/