5 Dividend Paying Tech Stocks You Can Buy With $1000

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By Lee Jackson Published
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5 Dividend Paying Tech Stocks You Can Buy With $1000

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Dividend stocks are a favorite among investors for good reason. They provide a steady income stream and offer a promising avenue for total return. Total return, a comprehensive measure of investment performance, encompasses interest, capital gains, dividends, and distributions realized over time. 

In simpler terms, it’s the sum of income and stock appreciation. This means dividend stocks can boost investment success by delivering regular income and capital appreciation.

For younger investors or those on a tight budget, investing to generate consistent passive Income can be daunting because many top dividend stocks trade anywhere from $25 to over $100 per share. Realizing any significant return on investment can be challenging with a small investing capital base of $1000.

We screened our 24/7 Wall St. technology stock  database, looking for solid, lower-priced stocks that pay dependable dividends that investors can purchase and start to generate positive total returns.

Why are we covering this?

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Investing at a younger age, you can harness the power of compounding—not penny-pinching—for profit.

Investing at any age requires a starting point, and many individuals have limited funds to dedicate to the stock market at the beginning of their investment journey. If that is true, looking for stocks that have consistently paid dividends over the years but are lower priced than large-cap blue-chip companies makes sense. 

ASE Technology

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ASE Group, is a provider of independent semiconductor assembling and test manufacturing services, with its headquarters in Kaohsiung, Taiwan.

 

While perhaps off-the-radar, this stock offers investors massive total return potential and a 5.43% dividend. ASE Technology Holdings Company Ltd. (NYSE: ASX | ASX Price Prediction) together with its subsidiaries, provides semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.

The company develops, constructs, sells, leases, and manages real estate properties:

  • Produces substrates; 
  • Offers information software
  • Equipment leasing
  • Investment advisory
  • Warehousing management services
  • Commercial complex, after-sales, and support services
  • Manages parking lot services

The company also:

  • Processes and sells computer and communication peripherals
  • Electronic components
  • Telecommunications equipment, and motherboards
  • Imports and exports goods and technology

Himax Technologies

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Himax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies.

This is a micro cap technology company with solid upside potential and a 4.35% dividend. Himax Technologies Inc. (NASDAQ: HIMX) is a fabless semiconductor company that provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States.

The company operates in two segments:

  • Driver IC
  • Non-Driver Products

It offers display driver integrated circuits (ICs) and timing controllers for:

  • Televisions
  • PC monitors
  • Laptops
  • Mobile phones
  • Tablets
  • Automotive
  • ePaper devices
  • Industrial displays

The company also provides automotive IC solutions, including traditional driver ICs; advanced in-cell touch and display driver integration; large touch and display driver integration; and local dimming timing controllers, as well as active matrix organic light-emitting diode (AMOLED) solutions, including AMOLED drivers, timing controllers, and touch controller ICs.

In addition, it offers application-specific IC services, liquid crystal on silicon and micro-electromechanical system products, power ICs, complementary metal oxide semiconductor image sensor products, wafer-level optics products, 3D sensing products, and ultralow-power WiseEye smart image sensing products.

Opera Limited

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Opera Limited is a multinational technology conglomerate holding company headquartered in Oslo, Norway.

This tech company based in Norway pays shareholders a big 6.04% dividend. Opera Limited (NASDAQ: OPRA) provides mobile and PC web browsers and related products and services in Norway and internationally.

The company offers mobile browser products, such as:

  • Opera Mini,
  • Opera browser for Android and iOS
  • Opera GX for PCs and Mobile
  • Opera Touch; PC browsers, including Opera for Computers
  • Opera GX
  • Apex Football
  • Opera VPN Pro
  • Opera News, an AI-powered personalized news discovery and aggregation service

It also provides Opera Crypto Browser for PCs and mobile; browser-based cashback rewards programs; owns GameMaker Studio, a 2D gaming development platform; and GXC, a gaming portal.

In addition, the company operates Opera Ads, an online advertising platform; and offers Web3 and e-commerce services.

United Microelectronics

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United Microelectronics Corporation is a Taiwanese company was founded as Taiwan’s first semiconductor company in 1980.

Based in Taiwan this solid tech company deleivers a big 7.04% dividend. United Microelectronics Corporation (NYSE: UMC) operates as a semiconductor wafer foundry in:

  • Taiwan
  • China
  • Hong Kong
  • Japan
  • Korea
  • United States,
  • Europe, and internationally.

The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. 

United Microelectronics has a total of 12 fabs in production with a combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standards.

Xerox

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Xerox Holdings Corporation is an American corporation that sells print and digital document products and services in more than 160 countries.

This old school tech leader is more than just making copies and pays a huge 7.17% dividend. Xerox Holdings Corporation (NASDAQ: XRX) together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally.

The company operates through two segments:

  • Print and Other
  • FITTLE.

The Print and Other segment designs, develops, and sells document systems, solutions, and services, as well as IT and software products and services.

The FITTLE segment offers financing solutions for direct channel customer purchases and lease financing to end-users.

It also offers workplace solutions comprising:

  • Desktop monochrome, color, and multifunction printers
  • ConnectKey software
  • Digital printing presses
  • Light production devices
  • Digital services that support workflow automation,
  • Personalization communication software,
  • Content management solutions, and digitization services

In addition, the company provides:

  • Graphic communications, in-plant, and production solutions;
  • FreeFlow, a software solution for the automation and integration of processing of print jobs comprising file preparation, final production, and electronic publishing
  • IT services, end user computing devices, network infrastructure, and communications technology
  • Technology product support, professional engineering, and commercial robotic process automation

Further, it sells paper products and standalone software, such as CareAR, DocuShare, and XMPie; it also invests in startups.

Photo of Lee Jackson
About the Author Lee Jackson →

Lee Jackson has covered Wall Street analysts' equity and debt research and equity strategy daily for 24/7 Wall St. since 2012. His broad and diverse career, which included a stint as the creative services director at the NBC affiliate in Austin, Texas, gives him unique insight into the financial industry and world.

Lee Jackson's journey in the financial industry spans over 30 years, with nearly two decades as an institutional equity salesperson at Bear Stearns, Lehman Brothers, and Morgan Stanley. His career was marked by his presence on the sell side during pivotal Wall Street events, from the dot.com rise and bubble to the Long Term Capital Management debacle, 9/11, and the Great Recession of 2008. This is a testament to his resilience and adaptability in the face of market volatility.

Lee Jackson’s practical financial industry experience, acquired from a career at some of the biggest banks and brokerage firms, is complemented by a lifetime of writing on various platforms. This unique combination allows him to shed light on the intricacies and workings of Wall Street in a way that only someone with deep insider experience and knowledge can. Moreover, his extensive network across Wall Street continues to provide direct access for him and 24/7 Wall St., a privilege few firms enjoy.

Since 2012, Jackson’s work for 24/7 Wall St. has been featured in Barron’s, Yahoo Finance, MarketWatch, Business Insider, TradingView, Real Money, The Street, Seeking Alpha, Benzinga, and other media outlets. He attended the prestigious Cranbrook Schools in Bloomfield Hills, Michigan, and has a degree in broadcasting from the Specs Howard School of Media Arts.

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