5 Tech Stocks that Pay Dividends

2. Hewlett Packard Enterprise Company (NYSE: HPE)

Number of Hedge Fund Holders: 34
Dividend Yield: 3.11%

Hewlett Packard Enterprise Company (NYSE: HPE), an American multinational software company, is next on our list of tech stocks that pay dividends, ranking 2nd. The company is based in Houston, Texas.

This July, Evercore ISI upgraded shares of Hewlett Packard Enterprise Company (NYSE: HPE) from In Line to Outperform. The firm also raised its price target on Hewlett Packard Enterprise Company (NYSE: HPE) shares from $16 to $20.

In the fiscal second quarter of 2021, Hewlett Packard Enterprise Company (NYSE: HPE) had an EPS of $0.46, beating estimates by $0.04. The company’s revenue was $6.7 billion, up 11.5% year over year and beating estimates by $85.27 million. Hewlett Packard Enterprise Company (NYSE: HPE) has gained 4.73% in the past 6 months and 32.15% year to date.

By the end of the second quarter of 2021, 34 hedge funds out of the 873 tracked by Insider Monkey held stakes in Hewlett Packard Enterprise Company (NYSE: HPE) worth roughly $1.01 billion. This is compared to 27 hedge funds in the previous quarter with a total stake value of approximately $1.07 billion.