If you are looking for ASX technology shares with dividends, stick Gentrack Group Ltd (ASX: GTK), Cochlear Limited (ASX: COH), Hansen Technologies Limited (ASX: HSN), Dicker Data Ltd (ASX: DDR) and iSentia Group Ltd (ASX: ISD) shares on your watchlist.
10 ASX shares with dividends
- Gentrack Group – dividend yield: 3%
Gentrack Group is a small-cap company which develops software for energy companies and utility providers like airports. The company has just made a large takeover in the UK to boost its market share.
- Cochlear – dividend yield: 1.8%
Cochlear is the world’s leading biotechnology company specialising in implantable hearing aids. It conducts most of its business overseas.
- Hansen Technologies – dividend yield: 2.1%
When you call your telco’s call centre, there’s a chance they are using Hansen’s software for communication and billing. It is a leader in this market and in pay-tv and energy.
- Dicker Data – dividend yield: 7.1%
Dicker Data is not a developer of technology, it is a distributor of IT products throughout Australia. The company is a higher risk investment idea, but it pays a quarterly dividend to shareholders with full franking.
- iSentia Group – dividend yield: 5.1%
iSentia is a media intelligence company, providing its clients with a way to monitor their media profiles online and in print and track marketing campaigns. The company’s share price has fallen hard following a bad acquisition.
- Class Ltd (ASX: CL1) – dividend yield: 1%
What Class lacks in dividend yield it makes up for with growth potential. The small-cap software developer specialises in solutions for accountants and financial advisors.
- Webjet Limited (ASX: WEB) – dividend yield: 1.6%
Australia’s premier online travel booking site has moved from strength to strength over the past five years. It also pays a decent dividend to shareholders.
- Technology One Limited (ASX: TNE) – dividend yield: 1.7%
Technology One is an enterprise software company, implementing technology solutions for large businesses. At $1.6 billion, it is one of Australia’s largest pure-play technology companies.
- Pro Medicus Limited (ASX: PME) – dividend yield: 0.5%
Pro Medicus is a $600 million medical imaging technology business which has developed software for radiologists and doctors to inspect enormous medical files on their smartphone.
- Adacel Technologies Limited (ASX: ADA) – dividend yield: 1.6%
Adacel develops software systems for air traffic controllers and defence organisations. The company’s software is built to be reliable and cutting edge, like voice controlled cockpits.
The technology sector is often seen to be a futuristic growth market. However, for long-term focused investors, the sector could go on to become the sector for dividend income. These 10 shares are worthy of a spot on watch lists, in my opinion.
5 stocks under $5
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The Motley Fool Australia owns shares of Adacel Technologies Limited, Class Limited, and Hansen Technologies. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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