The technology sector is generally characterised as full of innovation, competition and growth. It is also known to be highly volatile and cyclical since firms face high competition and constant disruption. However, those that build successful economic moats are exceptionally profitable and some pay strong dividends as a result. As a long term investor, I favour these tech stocks with great dividend payments that continues to add value to my portfolio.

Southern Cross Media Group Limited (ASX:SXL)

SXL has a juicy dividend yield of 6.87% and the company has a payout ratio of 54.90% , with analysts expecting a 72.92% payout in the next three years. SXL’s dividend is not only above the low risk savings rate, but also amongst the top dividend payers in the market. Southern Cross Media Group’s earnings per share growth of 40.55% over the past 12 months outpaced the au media industry’s average growth rate of -6.33%.

Event Hospitality & Entertainment Limited (ASX:EVT)

EVT has a sizeable dividend yield of 3.67% and pays out 73.25% of its profit as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from $0.28 to $0.51. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend.

Computershare Limited (ASX:CPU)

CPU has a sizeable dividend yield of 2.32% and is currently distributing 56.66% of profits to shareholders . CPU’s DPS have risen to $0.38 from $0.18 over a 10 year period. They have been dependable too, not missing a single payment in this time.

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.