13 Best Technology Dividend Stocks to Invest in

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL), a major US multinational technology firm, provides a broad portfolio of products and services to its customers. In the first quarter of the fiscal year 2025, the company posted a revenue of $124.3 billion, reflecting a 4% increase year-over-year. Its record-breaking revenue and strong operating margins led to a new peak in earnings per share, which saw double-digit growth. These results allowed Apple to return more than $30 billion to its shareholders. The company continues to refine its user experience with advancements in Apple silicon, using Apple Intelligence to deliver more tailored and enhanced app features.

Apple Inc. (NASDAQ:AAPL) also maintained a solid cash position in the quarter, ending with over $30.2 billion in cash and cash equivalents—slightly higher than the $29.9 billion recorded three months earlier. Operating cash flow during the quarter came in just shy of $30 billion. The company’s quarterly dividend sits at $0.25 per share for a dividend yield of 0.53%, as of April 10. It is one of the best dividend stocks on our list as the company has been rewarding shareholders with growing dividends for the past 13 years.

At the end of Q4 2024, 166 hedge funds in Insider Monkey’s database owned stakes in Apple Inc. (NASDAQ:AAPL), growing from 158 in the previous quarter. The overall value of these stakes is over $118.5 billion. Warren Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q4.