When investors are looking for dividend stocks to buy, they may not immediately think of technology stocks. After all, that group is generally associated with higher risk stocks that may not even be profitable, let alone pay a dividend. 

However, there are some technology stocks that are not only dividend stocks, but reliable, high-yield dividend stocks. 

In this article, we’ll take a look at three technology stocks that all have at least a 3% yield, that we like today for income investors.

Roper Technologies (ROP)

Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment. Roper Technologies also develops software solutions for the healthcare, transportation, food, energy, and water industries.

The company was founded in 1981, generates around $6.2 billion in annual revenues, and is based in Sarasota, Florida.

On July 24th, 2024, Roper posted its Q2 results for the period ending June 30th, 2024. Quarterly revenues and adjusted EPS were $1.72 billion and $4.48, indicating a year-over-year increase of 12% and 9%, respectively.

The company’s momentum during the quarter remained strong, with organic growth coming in at 4% and acquisitions further boosting top-line growth. Organic growth was once again driven by broad-based strength across its portfolio of niche-leading businesses.

Backed by Roper’s growth momentum, balance sheet strength, and a large pipeline of quality acquisition opportunities, management continues to believe Roper is well positioned for continued double-digit cash flow growth.

Roper also has a tremendous dividend growth record, numbering 31 years of consecutive dividend increases, which earns the company the Dividend Aristocrat title. The company's latest dividend raise upheld its previous rate of growth (9.9% compared to the previous hike of 10.1%). 

Over the past decade, DPS has grown annually by an average of 13.8%. We retain our DPS growth projection to 10%, which aligns with Roper’s latest increase and is easily supported by the underlying net income.

Corning Inc. (GLW)

Corning is a technology company that operates in five segments: Display Technologies, Optical Communications, Specialty Materials, Environmental Technologies, and Life Sciences. 

On July 30th, 2024, Corning reported second quarter 2024 results for the period ending June 30th, 2024. For the quarter, Corning reported $3.6 billion in core sales, up 4% from one year ago. Optical Communications – the largest revenue segment – saw sales increase by 4% year-over-year. Life Sciences, Display Technologies, and Specialty Materials revenues rose 8%, 9%, and 18%, respectively. 

Meanwhile, Environmental Technologies, and Hemlock and Emerging Growth Businesses declined -6% and -21%, respectively. Core net income equaled $407 million or $0.47 per share, compared to $388 million or $0.45 per share in Q2 2023. The company's core gross margin increased by 170 basis points over the previous year. Corning also provided a financial outlook for Q3 2024, expecting $3.7 billion in core sales and $0.50 to $0.54 in core EPS.

Corning has had an unspectacular earnings growth past but has better growth prospects ahead. The company enjoys a leading position in fiber-optic cables, LCDs, screens, and specialty glass. Smart phone glass will continue to be an important part of the business but increased optical fiber usage from areas like the internet of things, 5G mobile technology and autonomous driving could be large demand drivers down the line. We are forecasting 10% annual earnings growth over the intermediate term.

Corning enjoys competitive advantages in its businesses due to its patented manufacturing process, cost advantages, elevated R&D spending, and leading relationships with the best technology firms on the planet.

GLW has increased its dividend for 12 years and currently yields 2.4%.

Intuit Inc. (INTU)

Intuit is a cloud-based accounting and tax preparation software giant, headquartered in Mountain View, California. Its products provide financial management, compliance, and services for consumers, small businesses, self-employed workers, and accounting professionals worldwide. 

Its most popular platforms include QuickBooks, TurboTax, Mint, and TSheets. Cumulatively they serve more than 100 million customers. The $173.3 billion company recorded $16.3 billion in revenues last year and is headquartered in Mountain View, California. 

On August 22nd, 2024, Intuit raised its dividend by 16% to a quarterly rate of $1.04. On the same day, Intuit reported its Q4 and full-year results for the period ending July 31st, 2024. Intuit published another robust quarter, growing its “Small business and Self-employed” revenue by 20% and its online ecosystem revenue by 18%. 

QuickBooks Online accounting revenues grew 17% year-over-year as well. Total revenues for the quarter reached $3.18 billion, up 17% year-over-year. Adjusted EPS for the quarter grew by 21% to $1.99 compared to FQ4 2023. 

For the year, adjusted EPS came in at $16.94, up 18% compared to the previous year. Management remains focused on its innovation-driven AI strategy and its 5 Big Bets, including revolutionizing speed-to-benefit, connecting people to experts, unlocking smart money decisions, being the center of small business growth, and disrupting the small business mid-market. 

Management introduced its revenue and non-GAAP EPS guidance for FY2025. Revenues are expected to be in a range of $18.160 billion to $18.347 billion, implying a growth rate between 12% and 13% from last year. Adjusted EPS is expected to be between $19.16 and $19.36. This implies a year-over-year growth of 18% to 19%.