Dividend charter of 10 ASX tech stocks

Summary

  • A dividend is a portion of a firm’s earnings paid to the shareholders from its surplus profit.
  • Tech sector is one such sector in the Australian sharemarket which has companies with healthy dividend yields.
  • Computershare, Hansen Technologies, Iress are a few ASX-listed tech firms that have high dividend yields.

A dividend is a portion of a firm’s earnings paid to the shareholders from its surplus profit. There are firms that reward their shareholders on a regular basis.  Dividend paying stocks are popular among investors since they guarantee a regular income, especially during challenging economic circumstances. Tech sector is one such sector in the Australian sharemarket which has companies with healthy dividend yields.

However, investors must also understand that there is no single share that is best for all investors. The high dividend-paying shares are not good always. A stock’s dividend yield might be on the higher side due to a significant fall in its stock price, implying financial trouble that could impact its ability to deliver future dividends.

Here we will discuss 10 ASX-listed stocks that have recently paid dividends to their shareholders.

However, one needs to do thorough research before taking any exposure, as sinusoidal market trends are evident.

Source: © Moth   | Megapixl.com

READ MORE: Which are the top 5 ASX 200 dividend shares?

Adacel Technologies Ltd (ASX:ADA)

The company provides simulation as well as control systems for defense and aerospace sectors dealing with activities like air traffic management and control. The company last paid a 100% franked dividend of AU$0.027 on 15 April 2021. The company’s annual yield stands at 4.35%. 

Iress Ltd (ASX:IRE)

The Australia-based fintech company provides information technology and management services to the financial sector. The company last paid a 40% franked dividend of AU$0.300 on 9 April 2021. The company’s annual yield stands at 3.61%.

Computershare Ltd (ASX:CPU)

Computershare is a stock transfer firm, which is involved in operation of investment plan services, investor services, business services, stakeholder relationship management services, communication services, and technology services. On 9 February 2021, Computershare declared an interim dividend of AU$0.23 per share (fully franked) with a record date of 17 February 2021 and a payment date of 18 March 2021.The annual yield stands at 2.81%.

READ MORE: What are the risks of investing in high dividend stocks?

Source: © Kiosea39   | Megapixl.com

Hansen Technologies Ltd (ASX:HSN)

Hansen offers customer information systems, billing software and data management systems for energy, water, telecommunications and pay TV sectors. The company’s board last declared an interim, partially franked dividend of AU$0.050 per share. The record date for the interim dividend was 4 March 2021 and the payment date was 25 March 2021.The company’s annual yield stands at 1.97%.

Link Administration Holding Ltd (ASX:LNK)

Link Administration is an Australia-based technology solutions provider which specialises in delivering customised solutions to its clients. Link Administration last paid a dividend of AU$0.045 on 9 April 2021. The company’s annual yield stands at 1.62%.

Source: © Moth   | Megapixl.com

Codan Ltd (ASX:CDA)

The tech firm is into the business of manufacturing and supplying communications, metal detection and mining technology. Codan last paid a fully franked dividend of AU$0.105 on 11 March 2021. The company’s annual yield stands at 1.23%.

Altium Ltd (ASX:ALU)

The tech company is into sales and development of computer software for the design of electronic products. The company last paid a dividend of AU$0.190 on 23 March 2021. The company’s annual yield stands at 1.01%.

Appen Ltd (ASX:APX)

The information technology company which is in linguistics services. The company last paid a 40% franked dividend of AU$0.055 on 19 March 2021. The company’s annual yield stands at 0.80%.

WiseTech Global Ltd (ASX:WTC)

WiseTech is an information technology company, which provides software solutions to the logistics industry globally. As per WiseTech, its “dividend policy is to target a payout ratio of up to 20% of our net profit after tax.” The company last paid a 100% franked dividend of AU$0.027 on 9 April 2021. The company’s annual yield stands at 0.14%.

Infomedia Ltd (ASX:IFM)

Infomedia is a technology company and a global provider of SaaS solutions catering to the automotive industry. The company last paid a dividend of AU$0.021 on 26 March 2021. The company’s annual yield stands at 2.98%.

READ MORE: Five ASX penny stocks not to be missed in July

READ MORE: 10 hottest ASX stocks costing less than a dollar per share

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK