3 Tech Dividend Stocks Wall Street Likes Right Now
Yes, technology companies can walk and chew gum at the same time, metaphorically speaking. It happens all the time.
Some of the market’s largest tech names, including Nvidia (NVDA) and Microsoft (MSFT), pay some portion of their cash directly back to shareholders. But it’s unusual to find meaningful sources of yield in this sector.
Unusual … but not impossible.
Read on as I introduce you to some of the best tech dividend stocks on the market, as rated by Wall Street’s analyst community.
Disclaimer: This article does not constitute individualized investment advice. Individual securities, funds, and/or other investments appear for your consideration and not as personalized investment recommendations. Act at your own discretion.
How I Picked These Tech Dividend Stocks
This list of the best technology dividend stocks is pretty straightforward, selected based on the following criteria:
Market cap: I started with a selection universe of companies listed on major U.S. exchanges with a market capitalization of at least $300 million, which is the bottom of the range for small-cap stocks. (Stocks smaller than that can be considered small caps, but are often broken out into micro- and nano-cap stocks.)
Wall Street rating: From there, I excluded any company with a consensus analyst rating (provided by S&P Global Market Intelligence) of Hold or below. S&P boils down consensus ratings down to a numerical system where …
- 1 to 1.5: Strong Buy
- 1.5 to 2.5: Buy
- 2.5 to 3.5: Hold
- 3.5 to 4.5: Sell
- 4.5 to 5: Strong Sell
Indeed, every tech dividend stock on this list has a rating of 2 or less, indicating that at worst they enjoy a very firm consensus Buy rating, if not an outright Strong Buy rating.
Dividend yield: I then looked for stocks that yield more than the broader market, using the S&P 500 as a proxy. The S&P 500 currently yields 1.2%, so I excluded any stocks yielding less than 1.5% to give me a little wiggle room if the market’s yield expands. And, in fact, no stock on this list currently yields less than 2%.
Now, let’s take a look at the stocks, which are listed in descending order of their consensus rating (from the “worst” rating to the best.)
Do you want to get serious about saving and planning for retirement? Sign up for Retire With Riley, Young and the Invested’s free retirement planning newsletter.
Cisco Systems
- Market cap: $354.1 billion
- Dividend yield: 1.9%
- Consensus analyst rating: 1.85 (Buy)
Cisco Systems (CSCO) is one of the world’s largest technology conglomerates and one of the biggest names in networking. It provides data center switching, network security, threat intelligence, connectivity solutions, communication platform-as-a-device software, webscale products, internet, cable, and professional services, among other offerings.
CSCO struggled alongside the rest of the sector in 2026’s early innings, even getting punished despite a solid fiscal second-quarter report. But shares have since taken flight with the rest of the market.
“Cisco reported another strong quarter (link) as key forward looking metrics like ‘AI’ and ‘Product’ orders surpassed expectations, providing increased visibility into not just strong growth in the second half of FY26 but also FY27 given the timing of revenue recognition for ‘AI’ orders,” says UBS analyst David Vogt, who rates the stock at Buy.
Related: 7 Best Value Stocks for 2026 [Smart Picks to Buy]
“The company’s focus metrics—including software revenue, annualized recurring revenue, and remaining performance obligations—continue to outperform total operations,” adds Argus Research analyst Jim Kelleher (Buy). “The richer and less-hardware-intensive product mix and rising service revenue on the huge installed base are helping boost margins in a now improving revenue environment.”
Another more recent driver for Cisco shares? In April, several reports said Cisco was in talks to acquired privately held Astrix Security.
“While the financial impact of an acquisition would be immaterial in the near term, gaining a toehold in technology that can preemptively manage agentic AI is an interesting opportunity in our view, particularly coupled with the rest of Cisco’s security portfolio,” UBS’s Vogt says. “Given Cisco’s strategy to lever Splunk across its channel as well as targeting increasing share in AI systems markets across enterprise and sovereign customers, adding the ability to preemptively assess, identify, and remediate non-human identities should be a natural fit in our view.”
Vogt and Kelleher are two of 17 analysts who call CSCO a Buy. That compares well to nine Hold calls and nary a Sell. Collectively, they see Cisco maintaining roughly 7% average annual growth in its bottom line over the next five years.
Cisco started paying dividends 15 years ago, and it has grown the distribution on an annual basis every year since. The pace of growth hasn’t been all that rapid in recent years—its penny-per-share hikes since 2020 have amounted to annual raises of less than 3%. That includes its most recent improvement, announced in February 2026, to 42¢ per share. Still, CSCO pays twice the market average, and that dividend is well-covered, at less than 40% of earnings estimates for this year.
Make sure you sign up for The Weekend Tea, Young and the Invested’s free weekly newsletter that over 10k monthly readers use to level up their money know-how.
Microchip Technology
- Market cap: $48.2 billion
- Dividend yield: 2.0%
- Consensus analyst rating: 1.58 (Buy)
Microchip Technology (MCHP) is an Arizona-based producer of microcontrollers, analog semiconductors, and a number of other components. Its products are used across a variety of industries, including automotive, industrial, computing, communications, lighting, motor control, thermal management, radio frequency (RF), and more. Admittedly, MCHP isn’t your standard AI or smart-device play, but it’s still exposed to many of the tech trends investors want to see.
“MCHP has established a highly diversified, high-performance analog and embedded computing business model, with an impressively diverse revenue base across multiple metrics,” say Stifel analysts Tore Svanberg and Kyle Smith (Buy). They also point out that it’s leveraged to six secular megatrends in semiconductors, including networking/connectivity, edge computing, datacenter, e-mobility, sustainability, and AI.
The stock didn’t do much in 2025, underperforming the S&P 500. The company has been in the midst of shrinking its manufacturing footprint, cutting executive salaries, and reducing other costs. However, MCHP has bounced since the market’s March bottom and is now up nearly 40% year-to-date. Most recently, it delivered a promising fiscal third-quarter earnings print in which it also reported strong order activity. That has kept the bull camp robust, with Microchip Technology garnering 20 Buy ratings versus just six Holds and no Sells.
“As MCHP heads into three seasonally stronger quarters with advantaged end-market exposure and fresh signs its new product efforts are gaining strong design-in traction, we see an opportunity to buy the dip with an enhanced entry point,” B. Riley Securities analysts Craig Ellis and Rebecca Zamsky (Buy) wrote after the February report.
While Microchip Technology might not be as growthy as the likes of Nvidia (NVDA) or Advanced Micro Devices (AMD), the pros still see a lot of bottom-line upside from the company, projecting profits to improve by 29% annually on average over the next five years.
Also, Microchip Technology had built a long streak of quarterly dividend raises, but that streak stopped as of the February 2025 payout; MCHP kept its dividend level throughout the rest of the year. Regardless, the quarterly 45.5¢ per share comes out to a yield of nearly 3%, which beats most tech stocks by a considerable distance.
Related: 10 Monthly Dividend Stocks for Frequent, Regular Income
Opera Limited
- Market cap: $1.5 billion
- Dividend yield: 4.8%
- Consensus analyst rating: 1.14 (Strong Buy)
Norwegian web browser company Opera Limited (OPRA), actually a subsidiary of China’s Kunlun Tech, might not be the first name you think of when you think of web browsers. It’s largely popular in Africa and increasingly so in Europe.
But it has been around for quite some time—indeed, its Opera browser launched in 1995, making it one of the oldest desktop browsers still in use.
The Opera browser now exists in several forms, including Opera Mini, Opera GX for PCs and mobile, Opera for Android and iOS, and Opera for Computers. Its other products include sports score app Apex Football, virtual private network offering Opera VPN Pro, and AI-powered personalized news discovery and aggregation service Opera News.
And like with many browsers, Opera is now in the AI game, recently shipping its Opera Neon agentic AI.
“We view Opera Neon as a differentiated offering given its model-agnostic approach, which should appeal to users and allow them to get the best capabilities across multiple LLM models,” say B. Riley Securities analysts Naved Khan and Ryan Powell, who rate shares at Buy. “Commentary from [management] suggests that while agentic browsing is not yet mainstream, the company expects to learn how AI power users are using the browser and plans to implement key findings into its broader product suite.”
Opera doesn’t have a huge Wall Street following, but all seven covering analysts rate the stock at Buy. In fact, its consensus rating is so high that OPRA isn’t just one of the best tech dividend stocks you can buy, but one of the best tech stocks period. And their consensus view is for average annual profit growth of about 22% over the long run.
But what really stands out about Opera is its massive dividend, which at more than 5% is high for any sector and easily puts it among the top tech dividend stocks you can buy. Just note that OPRA only pays biannually (instead of the U.S. standard quarterly), and that its 40¢-per-share dividend hasn’t budged since it was initiated in 2023.
Related: 7 Best High-Yield Dividend Stocks: The Pros’ Picks
What If I Need Help Picking Stocks?
Motley Fool Stock Advisor is a stock picking service that espouses my favorite, plain-vanilla trading style: buy-and-hold. Fool analysts provide recommendations for both “Steady Eddies” and potential high-flying stocks with sound fundamentals—an ideal combination of holdings if you want to generate strong performance without risking extremely high volatility.
Importantly, Stock Advisor doesn’t just give you a list of tickers and call it a day—it also provides investment rationales and research for each pick to help educate you before you buy.
Stock Advisor stock picks have performed exceptionally well over the service’s 22-year existence. The service has made 190 stock recommendations that have historically delivered 100%+ returns.
The service charges a discounted rate for the first year and has a 30-day membership-fee-back period. Read more in our Motley Fool Stock Advisor review, or sign up for Stock Advisor today.
