Better Tech Dividend Stock: HP or Cisco
HP (NYSE: HPQ) and Cisco Systems (NASDAQ: CSCO) are both mature tech companies that trade at low valuations and pay high dividends.
HP, one of the world's largest PC and printer makers, trades at just eight times forward earnings and pays a forward dividend yield of 2.9%. Cisco, one of the world's leading networking hardware and software companies, trades at 16 times forward earnings and pays a forward yield of 2.7%.
Growth-oriented investors will probably shun HP and Cisco, but income-oriented investors might be drawn to both stocks. Let's see which blue-chip tech stock is the better dividend play.
Source Fool.com