Nasdaq-100 Index Tech Giants Continue to Deliver Dividends
Cisco Systems, Texas Instruments, and Qualcomm are three established tech franchises in the Nasdaq-100 index that continue to pay dividends to their shareholders.
Cisco Systems' quarterly dividend was raised to $0.42 per share, with an annualized forward dividend of $1.68. The company's yield is modest at 1.56%, but its trend is what makes it attractive - the quarterly payout has been increasing every year since 2011.
Texas Instruments recently lifted its quarterly dividend to $1.52 per share, with a forward annualized rate of $6.08. The company's dividend record shows a steady increase in the quarterly rate over the years, from $0.50 in 2017.
Qualcomm pays a quarterly dividend of $0.92 per share, with an annualized forward rate of $3.68. Its free cash flow yield is impressive at 6.40%, far above its dividend yield of 1.90%.