Dividends → Technology Services

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

Dividend stocks by industries

Average yield of the sector: 0.87 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Data Processing Services 6 0.64 %
Information Technology Services 8 1.03 %
Internet Software/Services 5
Packaged Software 5 0.97 %

Average yield of the sector: 1.49 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Data Processing Services 6 2.01 %
Information Technology Services 17 0.50 %
Internet Software/Services 11 3.02 %
Packaged Software 18 1.54 %

Average yield of the sector:

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Information Technology Services 2
Packaged Software 1

Average yield of the sector: 17.14 %

Calculated as the simple average of company dividend yields in this group.
Sector Company Count Sector Dividend Yield
Data Processing Services 1
Packaged Software 2 17.14 %

TOP 25 dividend stocks in the sector: Technology Services

Ticker Company name Close Price Capitalization Dividend Yield P/E ratio
GlobalSCAPE, Inc. GSB GlobalSCAPE, Inc. 11.36 USD 200 M 29.49 % 15.51
MIND C.T.I. Ltd. MNDO MIND C.T.I. Ltd. 2.36 USD 46 M 11.02 % 8.86
Qiwi Plc QIWI Qiwi Plc 19.58 USD 280 M 5.72 % 16.24
Magic Software Enterprises Ltd. MGIC Magic Software Enterprises Ltd. 9.76 USD 500 M 3.20 % 25.52
Paychex, Inc. PAYX Paychex, Inc. 84.70 USD 31 B 2.93 % 29.20
Sabre Corp. SABR Sabre Corp. 22.53 USD 6.2 B 2.49 % 26.28
Science Applications International Corp. SAIC Science Applications International Corp. 84.28 USD 5 B 1.76 % 29.73
Oracle Corp. ORCL Oracle Corp. 56.24 USD 180 B 1.71 % 17.83
Accenture Plc ACN Accenture Plc 197.71 USD 130 B 1.62 % 26.38
NVE Corp. NVEC NVE Corp. 65.48 USD 310 M 1.53 % 21.98
FORTY Formula Systems (1985) Ltd. 68.33 USD 1.1 B 1.52 % 28.04
Infosys Ltd. INFY Infosys Ltd. 9.92 USD 42 B 1.51 % 19.48
NetEase, Inc. NTES NetEase, Inc. 291.23 USD 37 B 1.43 % 28.81
Microsoft Corp. MSFT Microsoft Corp. 149.97 USD 1100 B 1.36 % 27.91
International Business Machines Corp. IBM International Business Machines Corp. 133.20 USD 120 B 1.22 % 15.38
MIXT MiX Telematics Ltd. 12.39 USD 270 M 0.54 % 16.23
CASS Cass Information Systems, Inc. 57.88 USD 820 M 0.47 % 26.05
Amdocs Ltd. DOX Amdocs Ltd. 68.68 USD 9.4 B 0.41 % 19.60
CSG Systems International, Inc. CSGS CSG Systems International, Inc. 57.02 USD 1.9 B 0.39 % 22.95
Computer Programs & Systems, Inc. CPSI Computer Programs & Systems, Inc. 26.51 USD 390 M 0.38 % 22.89
Leidos Holdings, Inc. LDOS Leidos Holdings, Inc. 91.71 USD 13 B 0.37 % 19.74
Cognizant Technology Solutions Corp. CTSH Cognizant Technology Solutions Corp. 63.38 USD 35 B 0.32 % 17.19
Citrix Systems, Inc. CTXS Citrix Systems, Inc. 112.59 USD 15 B 0.31 % 23.20
CDW Corp. CDW CDW Corp. 136.55 USD 20 B 0.28 % 28.37
EVERTEC, Inc. EVTC EVERTEC, Inc. 31.12 USD 2.2 B 0.16 % 22.80