Big Tech Is on a Huge Roll: 7 Stocks to Buy Now That Pay Big Dividends

Dell also provides information security and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments.

Investors receive a 3.20% dividend. UBS has set a $60 price target, and Dell Technologies stock has a consensus target of $49.51. The stock closed nearly 3% higher on Thursday at $42.42.

IBM

This blue chip giant still offers investors an incredibly solid entry point and a huge dividend. International Business Machines Corp. (NYSE: IBM) provides integrated solutions and services worldwide through these four business segments.

The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions; software for business automation, AIOps and management, integration, and application servers; data and artificial intelligence solutions; and security software and services for threat, data and identity. This segment also provides transaction processing software that supports clients’ mission-critical and on-premise workloads in banking, airlines and retail industries.

The Consulting segment offers business transformation services, including strategy, business process design and operations, data and analytics, and system integration services; technology consulting services; and application and cloud platform services.

The Infrastructure segment provides on-premises and cloud-based server and storage solutions for its clients’ mission-critical and regulated workloads; and support services and solutions for hybrid cloud infrastructure, as well as remanufacturing and remarketing services for used equipment.

The Financing segment offers lease, installment payment, loan financing and short-term working capital financing services.

For the fourth quarter, IBM posted revenue of $60.5 billion, up 6% from a year ago and better than the consensus forecast. With a focus on artificial intelligence and hybrid cloud computing the legacy technology giant could be poised for strong growth going forward.

The dividend yield here is 4.91%. The $152 BofA Securities price target is higher than the $146.76 consensus target. On Thursday, IBM stock closed at $136.39.

Juniper Networks

This is another familiar name that could offer among the best in total return potential. Juniper Networks Inc. (NYSE: JNPR) designs, develops and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; and NorthStar controllers.

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