Top Technology Companies Growing Dividends Over 10% This Year

Wall St. Watchdog reveals companies that are some of the largest ones, as measured by market capitalization, in the Technology sector that have grown their dividends by more than 10% year-over-year.

  • Aixtron AG (ADR) (NASDAQ:AIXG): This company has grown its dividend by 300.00% year-over-year and its current year dividend per share estimate is $0.87. The shares recently traded at $25.75 and its market capitalization is $2,571,805,609. About the company: Aixtron AG engineers and manufactures metal organic chemical vapor deposition equipment for the semiconductor industry. The Company’s customers use its equipment to produce compound semiconductor layer structures for use in LED, laser, solar cell, transistor, telecommunications, and other applications. Aixtron markets its products worldwide.
  • STMicroelectronics N.V. (ADR) (NYSE:STM): This company has grown its dividend by 133.33% year-over-year and its current year dividend per share estimate is $0.38. The shares recently traded at $7.20 and its market capitalization is $6,373,333,000. About the company: STMicroelectronics N.V. designs, develops, manufactures, and markets semiconductor integrated circuits and discrete devices. The Company’s products are used in the telecommunications, consumer electronics, automotive, computer, and industrial sectors. Geographically, customers are located in North America, Europe, and the Asia/Pacific region.
  • United Microelectronics Corp (ADR) (NYSE:UMC): This company has grown its dividend by 124.00% year-over-year and its current year dividend per share estimate is $0.19. The shares recently traded at $2.25 and its market capitalization is $5,719,157,811. About the company: United Microelectronics Corporation designs, manufactures, and markets integrated circuits and related electronic products. The Company’s main products are consumer electronic ICs, memory ICs, personal computer peripheral ICs, and communication ICs.
  • Garmin Ltd. (NASDAQ:GRMN): This company has grown its dividend by 100.00% year-over-year and its current year dividend per share estimate is $1.39. The shares recently traded at $30.86 and its market capitalization is $5,987,341,000. About the company: Garmin Ltd. provides navigation, communications, and information devices, most of which are enabled by Global Positioning System  technology. The Company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products and other navigation, communications, and information products under the GARMIN brand name.
  • Wipro Limited (ADR) (NYSE:WIT): This company has grown its dividend by 100.00% year-over-year and its current year dividend per share estimate is $0.13. The shares recently traded at $11.39 and its market capitalization is $21,160,009,120. About the company: Wipro Limited specializes in IT and computer related technologies. The Group’s services encompass a number of areas, including software architecture, business intelligence systems, e-commerce, data warehousing, Internet access devices, network management, system administration, messaging systems, IT consulting and design. Wipro also has a presence in niche markets of consumer products.
  • ASML Holding N.V. (ADR) (NASDAQ:ASML): This company has grown its dividend by 100.00% year-over-year and its current year dividend per share estimate is $0.66. The shares recently traded at $34.88 and its market capitalization is $14,839,301,683. About the company: ASML Holding N.V. develops, produces, and markets semiconductor manufacturing equipment. The Company’s products allow semiconductor manufacturers to choose the optimal numerical aperture and wavelength for their applications, assure uniformity, and produce more using less floor space.
  • Advanced Semiconductor Engineering (ADR) (NYSE:ASX): This company has grown its dividend by 96.97% year-over-year and its current year dividend per share estimate is $0.13. The shares recently traded at $5.21 and its market capitalization is $6,362,802,670. About the company: Advanced Semiconductor Engineering Inc. manufactures and markets integrated circuit packages for computer and industrial applications. The Company also produces notebook computers. Advanced Semiconductor sells its products in Taiwan and exports to North America, Asia, and Europe.
  • Siemens AG (ADR) (NYSE:SI): This company has grown its dividend by 68.75% year-over-year and its current year dividend per share estimate is $3.39. The shares recently traded at $117.24 and its market capitalization is $105,174,575,317. About the company: Siemens AG manufactures a wide range of industrial and consumer products. The Company builds locomotives, traffic control systems, automotive electronics, and engineers electrical power plants. Siemens also provides public and private communications networks, computers, building control systems, medical equipment, and electrical components. The Company operates worldwide.
  • KLA-Tencor Corporation (NASDAQ:KLAC): This company has grown its dividend by 66.67% year-over-year and its current year dividend per share estimate is $1.18. The shares recently traded at $39.08 and its market capitalization is $6,561,650,000. About the company: KLA-Tencor Corporation manufactures yield management and process monitoring systems for the semiconductor industry. The Company’s systems are used to analyze product and process quality at critical steps in the manufacture of circuits and provide feedback so that fabrication problems can be identified. KLA-Tencor operates sales, service, and application centers worldwide.
  • Mindray Medical International Ltd (ADR) (NYSE:MR): This company has grown its dividend by 50.00% year-over-year and its current year dividend per share estimate is $0.31. The shares recently traded at $26.15 and its market capitalization is $3,058,252,000. About the company: Mindray Medical International Limited develops, manufactures, and markets medical devices. The Company offers patient monitoring devices, diagnostic laboratory instruments, and ultrasound imaging systems.
  • Nidec Corporation (ADR) (NYSE:NJ): This company has grown its dividend by 45.45% year-over-year and its current year dividend per share estimate is $0.24. The shares recently traded at $24.00 and its market capitalization is $13,811,568,404. About the company: NIDEC CORPORATION is the world’s leading manufacturer of small precision motors, representing a 75% share of the global market for motors used in HDD and optical disk drives. The company has extended its focus to the home appliance and automotive markets. NIDEC is active in M&A and its subsidiaries include the worl d’s leading manufacturers of LCD panel handling robots and camera shutters.
  • Siliconware Precision Industries (ADR) (NASDAQ:SPIL): This company has grown its dividend by 43.33% year-over-year and its current year dividend per share estimate is $0.28. The shares recently traded at $4.79 and its market capitalization is $2,994,430,499. About the company: Siliconware Precision Industries Company operates integrated circuit packaging consultation, design, simulation, assembly, and final test. The current products are quad flat package and small outline package.
  • CAE, Inc. (NYSE:USA) (NYSE:CAE): This company has grown its dividend by 25.00% year-over-year and its current year dividend per share estimate is $0.17. The shares recently traded at $12.75 and its market capitalization is $3,287,439,702. About the company: CAE, Inc. provides simulation and modeling technologies and integrated training services for civil aviation and defense customers worldwide.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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