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Highlights
- Investing in technology stocks has become the hot favourite of investors with high growth prospect visibility
- Technology stocks in the growth sector are currently under pressure due to the rise in the inflation rate.
Investing in stocks has become an important strategy to ensure a better future in today’s world and investing in technology stocks has become the hot favourite of investors with high growth prospect visibility.
At present, technology stocks in the growth sector are under consolidation phase, with the inflation rate surging unexpectedly to a record level of 5.4%.
During the high inflation, borrowing becomes expensive due to high-interest rates, the cash flows of technology companies are discounted, and their value on the London Stock Exchange starts falling. Also, many of the technology companies are in the growth stage and prefer to spend on growth rather than paying dividends.
Also Read: UK housing market hits new high in Jan: 5 stocks to watch out for
Here we will talk about the top five FTSE technology stocks that have paid out divided and are enduring the inflation pressure.
- com Group Plc (LON: MONY)
Moneysupermarket.com Group Plc is a price comparison website for money, insurance, home services, and other products.
The company’s shares were trading at GBX 193.60, down by 1.78%, at around 10.40 AM (BST), on 11 February 2022. The market cap of the FTSE 250-listed firm stood at £1,058.15 million.
Moneysupermarket.com Group Plc is offering a dividend yield of 5.9% a year, and its 5-year dividend yield stands at 3.7%.
- Micro Focus International Plc (LON: MCRO)
Micro Focus International Plc is a multinational software and information technology company engaged in offering mission-critical technology and supporting services to support its customer in managing their core IT element so they can run and transform.
The company’s shares were trading at GBX 453.40, down by 2. 73%, around 10:40 AM (BST), on 11 February 2022. The market cap of the FTSE 250-listed firm stood at £1,564.64 million.
Micro Focus International Plc is offering a dividend yield of 4.6% a year, and its 5-year dividend yield stands at 4.7%.
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- FDM Group Plc (LON: FDM)
FDM Group Plc is an international professional services provider that is engaged in recruiting, training and deploying its permanent IT and business consultants to clients.
The shares of the company were trading at GBX 996, down by 0.4%, around 10:40 AM (BST), on 11 February 2022. The market cap of the FTSE 250-listed firm stood at £1,091.92 million and it has given a return of 3.49% to its shareholders in the last one year as of 11 February 2022.
FDM Group Plc is offering a dividend yield of 3.0% a year, and its 5-year dividend yield stands at 2.8%.
- RM Plc (LON: RM)
RM Plc is a supplier of information technology products and services to educational organizations and establishments.
The shares of the company were trading at GBX 180, around 10.40 AM (BST), on 11 February 2022. The market cap of the FTSE All share-listed firm stood at £150.98 million.
RM Plc is offering a dividend yield of 2.6% a year, and its 5-year dividend yield stands at 2.4%.
Related Read: 5 most volatile FTSE stocks you may put on your watchlist
- Sage Group Plc (LON:SGE)
Sage Group Plc is a software company that offers small and medium businesses with the flexibility, visibility and efficiency to manage finances, operations and people.
The shares of the company were trading at GBX 684.60, down by 0.87%, around 10:40 AM (BST), on 11 February 2022. The market cap of the FTSE 100-listed firm stood at £7,029.84 million, and it has given a return of 16.07% to its shareholders in the last one year as of 11 February 2022.
Sage Group Plc is offering a dividend yield of 2.6% a year, and its 5-year dividend yield stands at 2.4%.
